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 certificates of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, agriculture, real estate, personal, home improvement, and automobiles, as well as residential mortgages and SBA loans. In addition, it provides credit and debit cards, letters of credit, 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, 2017, it operated 104 branches, including 98 branches in North Carolina and 6 branches in South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.
Industry, Sector and Symbol
Industry State commercial banks
Trailing P/E Ratio22.57
Forward P/E Ratio14.65
Sales & Book Value
Annual Sales$226.29 million
Price / Sales5.47
Cash Flow$1.9796 per share
Price / Cash21.09
Book Value$23.38 per share
Price / Book1.79
EPS (Most Recent Fiscal Year)$1.85
Net Income$45.97 million
Return on Equity9.58%
Return on Assets1.14%
First Bancorp (NASDAQ:FBNC) Frequently Asked Questions
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 announced a quarterly dividend on Tuesday, February 6th. Investors of record on Friday, March 30th will be given a dividend of $0.10 per share on Wednesday, April 25th. This represents a $0.40 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, March 28th. This is a positive change from First Bancorp's previous quarterly dividend of $0.08. View First Bancorp's Dividend History.
How were First Bancorp's earnings last quarter?
First Bancorp (NASDAQ:FBNC) posted its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $0.77 EPS for the quarter, topping the Zacks' consensus estimate of $0.60 by $0.17. The financial services provider earned $66.45 million during the quarter, compared to analysts' expectations of $63.31 million. First Bancorp had a return on equity of 9.58% and a net margin of 23.54%. View First Bancorp's Earnings History.
When is First Bancorp's next earnings date?
What price target have analysts set for FBNC?
4 equities research analysts have issued 1-year price targets for First Bancorp's shares. Their forecasts range from $35.00 to $42.00. On average, they anticipate First Bancorp's share price to reach $39.3333 in the next year. View Analyst Ratings for First Bancorp.
Who are some of First Bancorp's key competitors?
Some companies that are related to First Bancorp include Texas Capital Bancshares (TCBI), Associated Banc (ASB), Popular (BPOP), Iberiabank (IBKC), Hancock (HBHC), Chemical Financial (CHFC), First Hawaiian Bank (FHB), Investors Bank (ISBC), Home Bancshares (HOMB), United Bankshares (UBSI), First Financial Bankshares (FFIN), Bank of Hawaii (BOH), Cathay General Bancorp (CATY), Glacier Bancorp (GBCI) and South State (SSB).
Who are First Bancorp's key executives?
First Bancorp's management team includes the folowing people:
- Mr. Richard Hancock Moore, CEO & Director (Age 57)
- Mr. Michael G. Mayer, Pres & Director (Age 57)
- Mr. Eric P. Credle, Exec. VP & CFO (Age 50)
- Ms. Elizabeth B. Bostian, Exec. VP and Sec.
- Mr. Lee C. McLaurin, Exec. VP & Controller (Age 56)
Has First Bancorp been receiving favorable news coverage?
Media stories about FBNC stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Bancorp earned a media sentiment score of 0.20 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 45.05 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are First Bancorp's major shareholders?
First Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.30%), Dimensional Fund Advisors LP (4.49%), Mendon Capital Advisors Corp (3.19%), RMB Capital Management LLC (2.61%), Northern Trust Corp (1.15%) and Seidman Lawrence B (1.02%). Company insiders that own First Bancorp stock include Abby Jill Donnelly, Donald H Allred, Eric P Credle, James C Crawford III, Mary Clara Capel, Michael Goodwin Mayer, O Temple Sloan III, Richard H Moore and Suzanne S Deferie. 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 Banc Funds Co. LLC, Millennium Management LLC, Seidman Lawrence B, Dimensional Fund Advisors LP, Thompson Siegel & Walmsley LLC, Federated Investors Inc. PA, California Public Employees Retirement System and O Shaughnessy Asset Management LLC. Company insiders that have sold First Bancorp company stock in the last year include Eric P Credle, Mary Clara Capel and Suzanne S Deferie. View Insider Buying and Selling for First Bancorp.
Which institutional investors are buying First Bancorp stock?
FBNC stock was purchased by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, WINTON GROUP Ltd, Russell Investments Group Ltd., Mendon Capital Advisors Corp, Wesbanco Bank Inc. and New York State Common Retirement Fund. Company insiders that have bought First Bancorp stock in the last two years include Abby Jill Donnelly, Donald H Allred, Eric P Credle, James C Crawford III, Michael Goodwin Mayer, O Temple Sloan III and Richard H Moore. View Insider Buying and Selling for First Bancorp.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Bancorp's stock price today?
One share of FBNC stock can currently be purchased for approximately $41.75.
How big of a company is First Bancorp?
First Bancorp has a market capitalization of $1.24 billion and generates $226.29 million in revenue each year. The financial services provider earns $45.97 million in net income (profit) each year or $1.85 on an earnings per share basis. First Bancorp employs 1,166 workers across the globe.
How can I contact First Bancorp?
First Bancorp's mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The financial services provider can be reached via phone at 910-246-2500.
MarketBeat Community Rating for First Bancorp (FBNC)MarketBeat's community ratings are surveys of what our community members think about First Bancorp and other stocks. Vote "Outperform" if you believe FBNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBNC will underperform the S&P 500 over the long term. You may vote once every thirty days.