First Bancorp Company Profile (NASDAQ:FBNC)

About First Bancorp (NASDAQ:FBNC)

First Bancorp logoFirst Bancorp is the bank holding company for First Bank (the Bank). The Company's principal activity is the ownership and operation of First Bank. The Bank engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Bank offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Bank offers Internet banking, mobile banking, cash management and bank-by-phone capabilities to its customers. It also offers a mobile check deposit feature for its mobile banking customers to deposit checks through their smartphone. The Bank offers remote deposit capture for its business customers. The Company provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:FBNC
  • CUSIP: 31891010
  • Web: www.localfirstbank.com
Capitalization:
  • Market Cap: $878.04 million
  • Outstanding Shares: 24,678,000
Average Prices:
  • 50 Day Moving Avg: $32.85
  • 200 Day Moving Avg: $30.81
  • 52 Week Range: $19.18 - $35.90
P/E:
  • Trailing P/E Ratio: 24.79
  • Foreward P/E Ratio: 15.67
  • P/E Growth: 1.76
Sales & Book Value:
  • Annual Revenue: $177.16 million
  • Price / Sales: 4.96
  • Book Value: $20.29 per share
  • Price / Book: 1.75
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 0.9%
Profitability:
  • Net Margins: 17.52%
  • Return on Equity: 7.77%
  • Return on Assets: 0.83%
Debt:
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.04%
Misc:
  • Average Volume: 77,602 shs.
  • Beta: 1.13
  • Short Ratio: 14.19
 

Frequently Asked Questions for First Bancorp (NASDAQ:FBNC)

What is First Bancorp's stock symbol?

First Bancorp trades on the NASDAQ under the ticker symbol "FBNC."

How often does First Bancorp pay dividends? What is the dividend yield for First Bancorp?

First Bancorp declared a quarterly dividend on Friday, September 15th. Stockholders of record on Friday, September 29th will be given a dividend of $0.08 per share on Wednesday, October 25th. This represents a $0.32 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Thursday, September 28th. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) issued its earnings results on Tuesday, July, 25th. The company reported $0.45 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.02. The business earned $51.79 million during the quarter, compared to analyst estimates of $49.49 million. First Bancorp had a return on equity of 7.77% and a net margin of 17.52%. View First Bancorp's Earnings History.

When will First Bancorp make its next earnings announcement?

First Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for First Bancorp.

Where is First Bancorp's stock going? Where will First Bancorp's stock price be in 2017?

4 analysts have issued 12-month target prices for First Bancorp's stock. Their predictions range from $33.00 to $37.00. On average, they expect First Bancorp's share price to reach $34.67 in the next year. View Analyst Ratings for First Bancorp.

Who are some of First Bancorp's key competitors?

Who are First Bancorp's key executives?

First Bancorp's management team includes the folowing people:

  • Mary Clara Capel, Independent Chairman of the Board
  • Richard H. Moore, President, Chief Executive Officer, Director
  • Eric P. Credle, Chief Financial Officer, Executive Vice President of the Company and First Bank
  • James C. Crawford III, Independent Chairman of the board, Director of First Bank
  • Michael G. Mayer, Director; President of First Bank
  • Donald H. Allred, Independent Director
  • Daniel T. Blue Jr., Independent Director
  • Abby J. Donnelly, Independent Director
  • Thomas F. Phillips, Independent Director
  • O. Temple Sloan III, Independent Director

How do I buy First Bancorp stock?

Shares of First Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Bancorp's stock price today?

One share of First Bancorp stock can currently be purchased for approximately $35.58.


MarketBeat Community Rating for First Bancorp (NASDAQ FBNC)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  113 (Vote Outperform)
Underperform Votes:  142 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about First Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for First Bancorp (NASDAQ:FBNC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $34.67 (2.57% downside)
Consensus Price Target History for First Bancorp (NASDAQ:FBNC)
Price Target History for First Bancorp (NASDAQ:FBNC)
Analysts' Ratings History for First Bancorp (NASDAQ:FBNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017Piper Jaffray CompaniesReiterated RatingOverweight -> Overweight$37.00N/AView Rating Details
8/2/2017Brean CapitalReiterated RatingBuyLowView Rating Details
6/26/2017Keefe, Bruyette & WoodsReiterated RatingBuy$34.00LowView Rating Details
11/14/2016GabelliDowngradeBuy -> HoldN/AView Rating Details
5/11/2016FIG PartnersDowngradeOutperform -> Market Perform$22.00 -> $22.50N/AView Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for First Bancorp (NASDAQ:FBNC)
Earnings by Quarter for First Bancorp (NASDAQ:FBNC)
Earnings History by Quarter for First Bancorp (NASDAQ FBNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.49N/AView Earnings Details
7/25/2017Q2 2017$0.43$0.45$49.49 million$51.79 millionViewN/AView Earnings Details
1/26/2017Q4 2016$0.40$0.41$41.04 million$40.77 millionViewN/AView Earnings Details
10/27/2016Q3$0.17$0.23$37.57 million$35.51 millionViewN/AView Earnings Details
7/26/2016Q2$0.35$0.37$38.25 million$37.46 millionViewN/AView Earnings Details
4/27/2016Q1$0.31$0.33$36.07 million$35.20 millionViewN/AView Earnings Details
1/28/2016Q4$0.34$0.33$37.84 million$35.78 millionViewN/AView Earnings Details
10/27/2015Q3$0.33$0.34$37.23 million$33.89 millionViewN/AView Earnings Details
7/27/2015Q2$0.34$0.30$37.23 million$34.61 millionViewN/AView Earnings Details
4/29/2015Q1 2015$0.34$0.33$35.99 million$34.23 millionViewN/AView Earnings Details
1/29/2015Q4 2014$0.30$0.34$39.05 million$35.42 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.33$0.27$39.27 million$35.95 millionViewN/AView Earnings Details
7/30/2014Q2 2014$0.30$0.32$39.29 million$38.78 millionViewN/AView Earnings Details
4/30/2014Q1 2014$0.25$0.27$39.07 million$35.83 millionViewN/AView Earnings Details
1/30/2014Q413$0.27$0.27ViewN/AView Earnings Details
10/23/2013Q3 13$0.24$0.30ViewN/AView Earnings Details
2/1/2013Q4 2012($1.53)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First Bancorp (NASDAQ:FBNC)
2017 EPS Consensus Estimate: $1.43
2018 EPS Consensus Estimate: $2.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171$0.43$0.43$0.43
Q3 20171$0.43$0.43$0.43
Q4 20171$0.48$0.48$0.48
Q1 20181$0.50$0.50$0.50
Q2 20181$0.55$0.55$0.55
Q3 20181$0.59$0.59$0.59
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for First Bancorp (NASDAQ:FBNC)
Next Dividend:10/25/2017
Annual Dividend:$0.32
Dividend Yield:0.90%
Payout Ratio:22.54% (Trailing 12 Months of Earnings)
17.20% (Based on This Year's Estimates)
14.10% (Based on Next Year's Estimates)
Dividend Payments by Quarter for First Bancorp (NASDAQ:FBNC)

Dividend History by Quarter for First Bancorp (NASDAQ FBNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Quarterly$0.081%9/28/20179/29/201710/25/2017
6/15/2017Quarterly$0.081.02%6/28/20176/30/20177/25/2017
3/15/2017quarterly$0.081.12%3/29/20173/31/20174/25/2017
12/16/2016quarterly$0.081.18%12/28/201612/31/20161/25/2017
9/16/2016quarterly$0.081.65%9/28/20169/30/201610/25/2016
6/16/2016quarterly$0.081.66%6/28/20166/30/20167/25/2016
3/16/2016quarterly$0.081.72%3/29/20163/31/20164/25/2016
12/16/2015quarterly$0.081.67%12/29/201512/31/20151/25/2016
9/16/2015quarterly$0.081.85%9/28/20159/30/201510/23/2015
6/17/2015quarterly$0.081.96%6/26/20156/30/20157/24/2015
3/17/2015quarterly$0.081.91%3/27/20153/31/20154/24/2015
12/17/2014quarterly$0.081.79%12/29/201412/31/20141/23/2015
9/15/2014quarterly$0.081.89%9/26/20149/30/201410/24/2014
6/16/2014quarterly$0.081.82%6/26/20146/30/20147/25/2014
3/14/2014quarterly$0.081.68%3/27/20143/31/20144/25/2014
12/16/2013quarterly$0.082.02%12/27/201312/31/20131/24/2014
9/13/2013quarterly$0.082.27%9/26/20139/30/201310/25/2013
6/13/2013quarterly$0.082.36%6/26/20136/30/20137/25/2013
3/15/2013quarterly$0.082.37%3/26/20133/31/20134/25/2013
12/14/2012quarterly$0.082.55%12/27/201212/31/20121/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for First Bancorp (NASDAQ:FBNC)
Insider Ownership Percentage: 2.37%
Institutional Ownership Percentage: 66.03%
Insider Trades by Quarter for First Bancorp (NASDAQ:FBNC)
Institutional Ownership by Quarter for First Bancorp (NASDAQ:FBNC)
Insider Trades by Quarter for First Bancorp (NASDAQ:FBNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/4/2017Eric P CredleInsiderBuy1,000$29.89$29,890.00View SEC Filing  
5/2/2017James C Crawford IIIDirectorBuy1,000$28.81$28,810.00View SEC Filing  
5/2/2017Michael Goodwin MayerPresidentBuy500$28.99$14,495.00View SEC Filing  
3/23/2017Donald H AllredDirectorBuy722$28.15$20,324.30View SEC Filing  
2/3/2017Richard H MooreCEOBuy3,330$30.00$99,900.00View SEC Filing  
11/2/2016O. Temple Sloan IIIDirectorBuy2,550$19.70$50,235.00View SEC Filing  
8/15/2016James C Crawford IIIDirectorBuy2,000$18.63$37,260.00View SEC Filing  
6/30/2016Richard H MooreCEOBuy1,440$17.25$24,840.00View SEC Filing  
6/27/2016Michael Goodwin MayerPresidentBuy500$17.35$8,675.00View SEC Filing  
6/24/2016Eric P CredleCFOBuy1,000$17.72$17,720.00View SEC Filing  
6/24/2016Michael Goodwin MayerPresidentBuy500$17.94$8,970.00View SEC Filing  
6/24/2016Richard H MooreCEOBuy2,800$17.78$49,784.00View SEC Filing  
3/22/2016Edward Francis Soccorso IIIEVPBuy1,097$19.56$21,457.32View SEC Filing  
2/5/2016Daniel T Jr. BlueDirectorBuy300$18.41$5,523.00View SEC Filing  
12/30/2015Daniel T. Jr. BlueDirectorBuy2,000$19.23$38,460.00View SEC Filing  
12/4/2015Richard H. MooreCEOBuy5,100$19.45$99,195.00View SEC Filing  
8/21/2015Richard H MooreCEOBuy2,964$16.60$49,202.40View SEC Filing  
8/14/2015Thomas F PhillipsDirectorSell1,800$17.00$30,600.00View SEC Filing  
5/8/2015Michael Goodwin MayerPresidentBuy1,000$15.95$15,950.00View SEC Filing  
5/6/2015Dennis A WickerDirectorBuy2,395$15.93$38,152.35View SEC Filing  
5/5/2015Dennis A WickerDirectorBuy6,605$15.96$105,415.80View SEC Filing  
5/5/2015Richard H MooreCEOBuy1,550$15.97$24,753.50View SEC Filing  
8/4/2014Richard H MooreCEOBuy4,640$16.17$75,028.80View SEC Filing  
5/28/2014Timothy S MaplesEVPSell1,000$18.50$18,500.00View SEC Filing  
3/17/2014Edward Francis Soccorso IIIEVPBuy1,000$19.05$19,050.00View SEC Filing  
3/4/2014Lee MclaurinEVPSell1,000$19.38$19,380.00View SEC Filing  
9/24/2013Lee MclaurinEVPSell2,160$15.75$34,020.00View SEC Filing  
5/28/2013Lee C MclaurinEVPSell1,000$15.35$15,350.00View SEC Filing  
5/22/2013Jerry L OcheltreePresidentSell1,245$14.13$17,591.85View SEC Filing  
5/13/2013Timothy S MaplesEVPSell1,500$13.95$20,925.00View SEC Filing  
3/27/2013Dennis A WickerDirectorBuy4,000$13.34$53,360.00View SEC Filing  
2/6/2013James C Crawford IIIDirectorBuy5,000$12.49$62,450.00View SEC Filing  
9/6/2012Richard H MooreCEOBuy10,000$10.94$109,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for First Bancorp (NASDAQ:FBNC)
Latest Headlines for First Bancorp (NASDAQ:FBNC)
Source:
DateHeadline
americanbankingnews.com logoFirst Bancorp (FBNC) to Release Earnings on Wednesday
www.americanbankingnews.com - October 18 at 4:50 AM
finance.yahoo.com logoFirst Bancorp (North Carolina) : FBNC-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 16, 2017
finance.yahoo.com - October 16 at 6:59 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - October 12 at 8:54 AM
finance.yahoo.com logoFirst Bank Announces Third Nonprofit Partner for "Dream It. Do It." Campaign
finance.yahoo.com - October 11 at 8:05 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Expected to Post Quarterly Sales of $51.04 Million
www.americanbankingnews.com - October 11 at 2:50 AM
americanbankingnews.com logo$0.48 EPS Expected for First Bancorp (FBNC) This Quarter
www.americanbankingnews.com - October 9 at 10:24 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - October 5 at 8:56 PM
americanbankingnews.com logoPiper Jaffray Companies Reaffirms "Overweight" Rating for First Bancorp (FBNC)
www.americanbankingnews.com - October 5 at 5:36 PM
americanbankingnews.com logoGabelli Comments on First Bancorp's FY2017 Earnings (FBNC)
www.americanbankingnews.com - October 5 at 8:18 AM
finance.yahoo.com logoETFs with exposure to First Bancorp (North Carolina) : October 4, 2017
finance.yahoo.com - October 4 at 5:27 PM
finance.yahoo.com logoFirst Bancorp (North Carolina) :FBNC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017
finance.yahoo.com - October 4 at 9:50 AM
bizjournals.com logoFirst Bancorp closes on acquisition of ASB Bancorp
www.bizjournals.com - October 2 at 7:41 PM
streetinsider.com logoFirst Bancorp (FBNC) Completes Acquisition of ASB Bancorp (ASBB)
www.streetinsider.com - October 2 at 7:41 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Plans $0.08 Quarterly Dividend
www.americanbankingnews.com - September 23 at 2:32 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Expected to Announce Quarterly Sales of $51.04 Million
www.americanbankingnews.com - September 23 at 9:54 AM
americanbankingnews.com logoFirst Bancorp (FBNC) Expected to Announce Earnings of $0.48 Per Share
www.americanbankingnews.com - September 21 at 10:14 AM
americanbankingnews.com logoFirst Bancorp (FBNC) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - September 17 at 8:40 AM
finance.yahoo.com logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bullish Manner : FBNC-US : September 5, 2017
finance.yahoo.com - September 5 at 8:16 PM
americanbankingnews.com logo$51.04 Million in Sales Expected for First Bancorp (FBNC) This Quarter
www.americanbankingnews.com - September 4 at 11:20 AM
bizjournals.com logoSouthern Pines bank to buy insurance firm
www.bizjournals.com - August 23 at 11:56 PM
finance.yahoo.com logoFirst Bancorp (North Carolina) – Value Analysis (NASDAQ:FBNC) : August 23, 2017
finance.yahoo.com - August 23 at 11:56 PM
americanbankingnews.com logoFirst Bancorp (FBNC) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 23 at 8:37 AM
americanbankingnews.com logo Brokerages Anticipate First Bancorp (NASDAQ:FBNC) Will Announce Earnings of $0.48 Per Share
www.americanbankingnews.com - August 15 at 6:32 AM
finance.yahoo.com logoFirst Bancorp Receives Regulatory Approval for Acquisition of ASB Bancorp, Inc.
finance.yahoo.com - August 14 at 6:55 PM
americanbankingnews.com logoHead to Head Review: First Bancorp (FBNC) versus Atlantic Coast Financial Corporation (ACFC)
www.americanbankingnews.com - August 14 at 8:42 AM
finance.yahoo.com logoFirst Bancorp (North Carolina) breached its 50 day moving average in a Bearish Manner : FBNC-US : August 11, 2017
finance.yahoo.com - August 11 at 7:01 PM
finance.yahoo.com logoWeissLaw LLP Files Class Action Lawsuit Against ASB Bancorp, Inc.
finance.yahoo.com - August 3 at 3:32 PM
bizjournals.com logoFirst Bank moves Charlotte exec to Triad, makes Greensboro its regional base
www.bizjournals.com - August 3 at 12:28 AM
nasdaq.com logoValidea Motley Fool Strategy Daily Upgrade Report -...
www.nasdaq.com - August 2 at 7:25 PM
americanbankingnews.com logoFirst Bancorp (NASDAQ:FBNC) Rating Reiterated by Brean Capital
www.americanbankingnews.com - August 2 at 11:10 AM
bizjournals.com logoFirst Bank moves Charlotte region exec to Greensboro as bank boosts Triad presence
www.bizjournals.com - August 1 at 7:11 PM
americanbankingnews.com logoEquities Analysts Offer Predictions for First Bancorp's FY2018 Earnings (NASDAQ:FBNC)
www.americanbankingnews.com - July 31 at 9:44 AM
americanbankingnews.com logoFirst Bancorp (NASDAQ:FBNC) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 29 at 8:38 AM
americanbankingnews.com logoFirst Bancorp (NASDAQ:FBNC) Expected to Post Quarterly Sales of $51.04 Million
www.americanbankingnews.com - July 29 at 7:08 AM
bizjournals.com logoHere's what you need to know about Carolina Bank's changeover to First Bank
www.bizjournals.com - July 26 at 7:10 PM
americanbankingnews.com logoFirst Bancorp (NASDAQ:FBNC) Issues Quarterly Earnings Results
www.americanbankingnews.com - July 26 at 12:29 PM
seekingalpha.com logoFirst Bancorp beats by $0.01, beats on revenue
seekingalpha.com - July 25 at 11:52 PM
americanbankingnews.com logoFirst Bancorp (FBNC) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 17 at 9:04 AM
americanbankingnews.com logo Brokerages Expect First Bancorp (NASDAQ:FBNC) Will Post Quarterly Sales of $49.49 Million
www.americanbankingnews.com - July 5 at 11:49 AM
americanbankingnews.com logoFirst Bancorp (NASDAQ:FBNC) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 4 at 11:28 AM
americanbankingnews.com logo$0.43 Earnings Per Share Expected for First Bancorp (NASDAQ:FBNC) This Quarter
www.americanbankingnews.com - July 3 at 10:24 PM
streetinsider.com logoFirst Bancorp (FBNC) Declares $0.08 Quarterly Dividend; 1% Yield
www.streetinsider.com - June 16 at 4:01 PM
seekingalpha.com logoRisk Arbitrage Today: Will There Be A Bidding War For Tribune Media?
seekingalpha.com - May 2 at 7:31 PM
seekingalpha.com logoFirst Bancorp beats by $0.02, beats on revenue
seekingalpha.com - April 27 at 10:42 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 15 at 5:31 PM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a Direct Finan
biz.yahoo.com - March 9 at 5:37 PM
seekingalpha.com logoFirst Bancorp gets approval for Carolina Bank buyout
seekingalpha.com - February 17 at 7:11 PM
seekingalpha.com logoUnited Community Banks Leveraging Its Deposit Base, Capital, And Service Model Effectively
seekingalpha.com - February 12 at 3:16 AM
biz.yahoo.com logoFIRST BANCORP /NC/ Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - February 9 at 5:45 PM
bizjournals.com logoFirst Bank exec: We'll make our mark in Raleigh in 2017
www.bizjournals.com - January 31 at 10:50 PM

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Chart

First Bancorp (FBNC) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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