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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
NASDAQ:FBNC

First Bancorp - FBNC Stock Forecast, Price & News

$35.52
+0.25 (+0.71%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$35.19
$35.84
50-Day Range
$35.19
$43.24
52-Week Range
$32.90
$49.00
Volume
202,623 shs
Average Volume
399,738 shs
Market Capitalization
$1.45 billion
P/E Ratio
8.62
Dividend Yield
2.48%
Price Target
$44.00

First Bancorp MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.9% Upside
$44.00 Price Target
Short Interest
Healthy
1.95% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of First Bancorp in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$26,973 Bought Last Quarter
Proj. Earnings Growth
1.50%
From $4.01 to $4.07 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Finance Sector

502nd out of 890 stocks

State Commercial Banks Industry

138th out of 188 stocks


FBNC stock logo

About First Bancorp (NASDAQ:FBNC) Stock

First Bancorp (North Carolina) operates as a bank holding company, which engages in banking activities, with the acceptance of deposits and the making of loans. It provides a range of deposit products such as checking, savings, NOW, and money market accounts, as well as time deposits, including various types of certificates of deposits and individual retirement accounts. The company's offerings include credit cards, debit cards, letters of credit, safe deposit box rentals, bank money orders and electronic funds transfer services, including wire transfers. It also offers loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles. The company was founded on December 8, 1983 and is headquartered in Southern Pines, NC.

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FBNC Stock News Headlines

5 Hypergrowth Stocks to Buy Now
Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy. pixel
First Citizens buys Silicon Valley Bank
5 Hypergrowth Stocks to Buy Now
Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy. pixel
FIRST BANK COMPLETES GRANDSOUTH BANK CONVERSION
See More Headlines
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FBNC Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 1/25 Dividend
12/29/2022
Dividend Payable
1/25/2023
Ex-Dividend for 4/25 Dividend
3/30/2023
Today
4/01/2023
Dividend Payable
4/25/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FBNC
CUSIP
31891010
Employees
1,294
Year Founded
1948

Price Target and Rating

Average Stock Price Forecast
$44.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+23.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$146.94 million
Pretax Margin
45.29%

Debt

Sales & Book Value

Annual Sales
$408.94 million
Cash Flow
$4.77 per share
Book Value
$28.89 per share

Miscellaneous

Free Float
40,099,000
Market Cap
$1.45 billion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • Richard Hancock Moore
    Chairman & Chief Executive Officer
  • Michael Goodwin Mayer
    President & Director
  • Elizabeth B. Bostian
    Chief Financial Officer & Executive Vice President
  • Terrence Thomas
    Chief Information Officer
  • Adam Currie
    Chief Banking Officer & Executive Vice President













FBNC Stock - Frequently Asked Questions

Should I buy or sell First Bancorp stock right now?

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

What is First Bancorp's stock price forecast for 2023?

3 brokers have issued 12 month price targets for First Bancorp's stock. Their FBNC share price forecasts range from $42.00 to $45.00. On average, they predict the company's share price to reach $44.00 in the next year. This suggests a possible upside of 23.9% from the stock's current price.
View analysts price targets for FBNC
or view top-rated stocks among Wall Street analysts.

How have FBNC shares performed in 2023?

First Bancorp's stock was trading at $42.84 at the beginning of 2023. Since then, FBNC stock has decreased by 17.1% and is now trading at $35.52.
View the best growth stocks for 2023 here
.

Are investors shorting First Bancorp?

First Bancorp saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 795,600 shares, an increase of 35.1% from the February 28th total of 588,700 shares. Based on an average trading volume of 231,800 shares, the days-to-cover ratio is presently 3.4 days.
View First Bancorp's Short Interest
.

When is First Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our FBNC earnings forecast
.

How were First Bancorp's earnings last quarter?

First Bancorp (NASDAQ:FBNC) issued its quarterly earnings results on Monday, October, 25th. The financial services provider reported $0.97 earnings per share for the quarter, hitting analysts' consensus estimates of $0.97. The financial services provider earned $75.06 million during the quarter, compared to analyst estimates of $77.45 million. First Bancorp had a trailing twelve-month return on equity of 14.01% and a net margin of 35.93%.

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

First Bancorp announced a quarterly dividend on Wednesday, March 15th. Investors of record on Friday, March 31st will be given a dividend of $0.22 per share on Tuesday, April 25th. This represents a $0.88 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for FBNC
.

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 2.44%. The company 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 is 21.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBNC will have a dividend payout ratio of 21.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBNC.

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."

How do I buy shares of First Bancorp?

Shares of FBNC stock 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 $35.52.

How much money does First Bancorp make?

First Bancorp (NASDAQ:FBNC) has a market capitalization of $1.45 billion and generates $408.94 million in revenue each year. The financial services provider earns $146.94 million in net income (profit) each year or $4.12 on an earnings per share basis.

How many employees does First Bancorp have?

The company employs 1,294 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 official website for the company 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 4/1/2023 by MarketBeat.com Staff