×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:FBNC

First Bancorp Stock Forecast, Price & News

$34.89
+0.12 (+0.35%)
(As of 06/24/2022 12:00 AM ET)
Add
Compare
Today's Range
$34.75
$35.51
50-Day Range
$34.03
$40.41
52-Week Range
$33.87
$50.92
Volume
263,656 shs
Average Volume
160,941 shs
Market Capitalization
$1.24 billion
P/E Ratio
10.74
Dividend Yield
2.53%
Price Target
$50.50
30 days | 90 days | 365 days | Advanced Chart

Receive FBNC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Bancorp and its competitors with MarketBeat's FREE daily newsletter.

FBNC Stock Forecast (MarketRank)

Overall MarketRank

3.17 out of 5 stars

Finance Sector

123rd out of 1,363 stocks

State Commercial Banks Industry

32nd out of 239 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -
First Bancorp logo

About First Bancorp (NASDAQ:FBNC)

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. As of December 31, 2021, it operated 121 branches comprising 114 branch offices located in North Carolina and seven branches in South Carolina. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.

FBNC Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FBNC
CUSIP
31891010
Employees
1,234
Year Founded
1948

Company Calendar

Ex-Dividend for 4/25 Dividend
3/30/2022
Dividend Payable
4/25/2022
Last Earnings
4/27/2022
Today
6/24/2022
Ex-Dividend for 7/25 Dividend
6/29/2022
Dividend Payable
7/25/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$46.00
High Stock Price Forecast
$52.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+44.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
2 Analysts

Profitability

Net Income
$95.64 million
Pretax Margin
36.41%

Debt

Sales & Book Value

Annual Sales
$329.53 million
Cash Flow
$3.84 per share
Book Value
$34.57 per share

Miscellaneous

Free Float
34,955,000
Market Cap
$1.24 billion
Optionable
Optionable
Beta
1.17

Social Links















First Bancorp Frequently Asked Questions

Should I buy or sell First Bancorp stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" First Bancorp stock.
View analyst ratings for First Bancorp
or view top-rated stocks.

What is First Bancorp's stock price forecast for 2022?

2 Wall Street research analysts have issued 1-year price targets for First Bancorp's stock. Their FBNC stock forecasts range from $40.00 to $52.00. On average, they anticipate First Bancorp's stock price to reach $46.00 in the next year. This suggests a possible upside of 31.8% from the stock's current price.
View analysts' price targets for First Bancorp
or view top-rated stocks among Wall Street analysts.

How has First Bancorp's stock performed in 2022?

First Bancorp's stock was trading at $46.29 at the beginning of 2022. Since then, FBNC stock has decreased by 24.6% and is now trading at $34.89.
View the best growth stocks for 2022 here
.

When is First Bancorp's next earnings date?

First Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for First Bancorp
.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) released its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.01. The financial services provider had revenue of $96.13 million for the quarter, compared to analyst estimates of $92 million. First Bancorp had a trailing twelve-month return on equity of 10.92% and a net margin of 29.04%.
View First Bancorp's earnings history
.

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

First Bancorp declared a quarterly dividend on Wednesday, June 15th. Investors of record on Thursday, June 30th will be paid a dividend of $0.22 per share on Monday, July 25th. This represents a $0.88 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Wednesday, June 29th.
View First Bancorp's dividend history
.

Is First Bancorp a good dividend stock?

First Bancorp(NASDAQ:FBNC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.53%. First Bancorp has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of First Bancorp is 27.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 20.61% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.
View First Bancorp's dividend history.

Who are First Bancorp's key executives?

First Bancorp's management team includes the following people:
  • Mr. Richard Hancock Moore, Chairman & CEO (Age 61, Pay $812.93k)
  • Mr. Michael G. Mayer, Pres & Director (Age 61, Pay $1.04M)
  • Ms. Elizabeth B. Bostian, Exec. VP, Gen. Counsel, CFO & Sec. (Age 41, Pay $285.2k)
  • Ms. Blaise Buczkowski, Exec. VP, Chief Admin. Officer & Chief Accounting Officer (Age 58)

What other stocks do shareholders of First Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Hawkins (HWKN), Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN) and First Data (FDC).

What is First Bancorp's stock symbol?

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

Who are First Bancorp's major shareholders?

First Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.74%), Vanguard Group Inc. (6.53%), State Street Corp (4.34%), Dimensional Fund Advisors LP (3.97%), Jennison Associates LLC (2.75%) and Bank of New York Mellon Corp (2.29%). Company insiders that own First Bancorp stock include Carlie C Mclamb Jr, Dennis A Wicker, Dexter V Perry, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, Suzanne S Deferie, Thomas F Phillips and Virginia C Thomasson.
View institutional ownership trends for First Bancorp
.

Which institutional investors are selling First Bancorp stock?

FBNC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Hsbc Holdings PLC, Panagora Asset Management Inc., Bank of America Corp DE, Northern Trust Corp, Truist Financial Corp, UBS Group AG, and William Blair Investment Management LLC. Company insiders that have sold First Bancorp company stock in the last two years include Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, and Suzanne S Deferie.
View insider buying and selling activity for First Bancorp
or view top insider-selling stocks.

Which institutional investors are buying First Bancorp stock?

FBNC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nordea Investment Management AB, Brown Advisory Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Jennison Associates LLC, Beacon Pointe Advisors LLC, and Toronto Dominion Bank. Company insiders that have bought First Bancorp stock in the last two years include Carlie C Mclamb Jr, Dexter V Perry, James C Crawford III, and Richard H Moore.
View insider buying and selling activity for First Bancorp
or or view top insider-buying stocks.

How do I buy shares of First Bancorp?

Shares of FBNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Bancorp's stock price today?

One share of FBNC stock can currently be purchased for approximately $34.89.

How much money does First Bancorp make?

First Bancorp (NASDAQ:FBNC) has a market capitalization of $1.24 billion and generates $329.53 million in revenue each year. The financial services provider earns $95.64 million in net income (profit) each year or $3.25 on an earnings per share basis.

How many employees does First Bancorp have?

First Bancorp employs 1,234 workers across the globe.

When was First Bancorp founded?

First Bancorp was founded in 1948.

How can I contact First Bancorp?

First Bancorp's mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The official website for First Bancorp is www.localfirstbank.com. The financial services provider can be reached via phone at (910) 246-2500 or via fax at 910-576-0662.

This page (NASDAQ:FBNC) was last updated on 6/25/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.