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First Bancorp (FBNC) Financials

First Bancorp logo
$41.00 -0.20 (-0.49%)
Closing price 05/23/2025 04:00 PM Eastern
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$40.99 -0.01 (-0.02%)
As of 05/23/2025 04:20 PM Eastern
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Annual Income Statements for First Bancorp

Annual Income Statements for First Bancorp

This table shows First Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 76 104 147 96 81 92 89 46 27 26 24
Consolidated Net Income / (Loss)		 76 104 147 96 81 92 89 46 28 27 25
Net Income / (Loss) Continuing Operations		 76 104 147 96 81 92 89 46 28 27 25
Total Pre-Tax Income 		98 132 185 120 103 116 113 68 42 41 39
Total Revenue		 350 404 393 320 299 276 266 214 149 139 146
Net Interest Income / (Expense)		 332 347 325 246 218 216 207 165 123 120 132
Total Interest Income		 519 489 341 256 238 250 231 177 131 127 140
Loans and Leases Interest Income		 441 419 278 219 213 221 209 164 121 118 134
Investment Securities Interest Income		 52 57 58 34 21 21 12 8.68 7.91 8.13 5.34
Federal Funds Sold and Securities Borrowed Interest Income		 26 13 5.01 2.43 3.43 8.44 10 4.96 1.76 0.66 0.85
Total Interest Expense		 187 142 16 9.52 20 34 24 13 7.61 6.91 8.22
Deposits Interest Expense		 172 115 11 7.88 16 25 14 7.54 5.17 5.32 7.07
Long-Term Debt Interest Expense		 15 27 4.75 1.64 3.26 8.85 9.29 5.13 2.44 1.59 1.15
Total Non-Interest Income		 18 57 68 74 81 60 59 49 26 19 14
Service Charges on Deposit Accounts		 17 17 15 12 11 13 13 12 - - -
Other Service Charges		 30 29 34 40 43 36 28 25 32 28 29
Net Realized & Unrealized Capital Gains on Investments		 -33 6.95 15 19 16 8.20 11 5.63 2.25 -1.95 -3.29
Other Non-Interest Income		 4.77 4.35 3.85 2.89 11 2.56 7.21 6.35 -8.20 -6.95 -12
Provision for Credit Losses		 16 18 12 15 35 2.26 -3.59 0.72 -0.02 -0.78 10
Total Non-Interest Expense		 236 254 195 185 161 157 156 145 107 98 97
Salaries and Employee Benefits		 140 140 118 103 101 96 92 67 51 48 46
Net Occupancy & Equipment Expense		 20 21 19 16 16 16 16 14 11 11 11
Other Operating Expenses		 69 72 50 45 40 39 39 52 41 39 39
Amortization Expense		 6.60 8.00 3.68 3.53 3.96 4.86 5.92 4.03 1.21 0.72 0.78
Restructuring Charge		 0.00 14 5.07 17 0.00 0.19 2.36 8.07 1.43 0.00 0.00
Income Tax Expense		 22 28 38 25 22 24 24 22 15 14 14
Basic Earnings per Share		 $1.85 $2.54 $4.12 $3.19 $2.81 $3.10 $3.02 $1.82 $1.37 $1.34 $1.22
Weighted Average Basic Shares Outstanding		 41.02M 40.75M 35.49M 29.88M 28.84M 29.55M 29.57M 25.21M 19.96M 19.77M 19.70M
Diluted Earnings per Share		 $1.84 $2.53 $4.12 $3.19 $2.81 $3.10 $3.01 $1.82 $1.33 $1.30 $1.19
Weighted Average Diluted Shares Outstanding		 41.33M 41.16M 35.67M 30.03M 28.98M 29.72M 29.71M 25.29M 20.73M 20.50M 20.43M
Weighted Average Basic & Diluted Shares Outstanding		 41.36M 41.13M 40.88M 35.65M 28.49M 29.21M 29.60M 25.30M 20M 19.70M 19.80M
Cash Dividends to Common per Share		 $0.88 $0.88 $0.88 $0.80 $0.72 $0.54 $0.40 $0.32 $0.32 $0.32 $0.32

Quarterly Income Statements for First Bancorp

This table shows First Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 3.55 19 29 25 30 30 29 15 38 38
Consolidated Net Income / (Loss)		 3.55 19 29 25 30 30 29 15 38 38
Net Income / (Loss) Continuing Operations		 3.55 19 29 25 30 30 29 15 38 38
Total Pre-Tax Income 		6.88 23 37 32 38 38 37 19 48 48
Total Revenue		 66 97 96 92 97 100 101 106 99 102
Net Interest Income / (Expense)		 89 83 81 79 83 85 87 92 85 85
Total Interest Income		 132 131 129 127 127 124 121 117 93 88
Loans and Leases Interest Income		 110 111 110 110 110 107 103 99 77 72
Investment Securities Interest Income		 14 12 12 14 14 14 14 15 15 15
Federal Funds Sold and Securities Borrowed Interest Income		 8.73 8.44 5.94 2.97 2.78 3.28 4.02 3.25 1.99 1.49
Total Interest Expense		 44 48 48 47 44 39 34 25 8.74 2.96
Deposits Interest Expense		 42 46 45 39 36 33 27 19 6.15 1.85
Long-Term Debt Interest Expense		 1.77 1.95 2.96 8.21 8.11 6.51 6.85 5.77 2.59 1.11
Total Non-Interest Income		 -23 14 15 13 14 15 14 14 14 17
Service Charges on Deposit Accounts		 4.29 4.32 4.14 3.87 4.13 4.66 4.11 3.89 3.96 4.17
Other Service Charges		 7.36 7.62 7.33 7.53 6.45 6.98 7.62 8.15 5.46 8.08
Net Realized & Unrealized Capital Gains on Investments		 -36 0.44 2.00 0.38 2.65 2.43 1.44 0.44 4.48 3.23
Other Non-Interest Income		 1.23 1.21 1.18 1.16 1.13 1.10 1.07 1.05 0.49 1.44
Provision for Credit Losses		 0.51 14 0.54 1.20 2.95 0.00 2.36 13 5.30 5.10
Total Non-Interest Expense		 58 60 58 59 56 62 62 74 46 49
Salaries and Employee Benefits		 35 36 35 34 33 36 35 36 30 29
Net Occupancy & Equipment Expense		 4.69 4.86 4.85 5.59 5.95 5.00 4.97 5.07 4.43 4.85
Other Operating Expenses		 17 17 17 18 15 19 18 19 9.71 14
Amortization Expense		 1.56 1.61 1.67 1.76 1.86 1.95 2.05 2.15 0.83 0.89
Income Tax Expense		 3.33 3.89 8.17 6.51 8.02 7.76 7.86 4.18 9.84 10
Basic Earnings per Share		 $0.09 $0.45 $0.70 $0.61 $0.72 $0.73 $0.72 $0.37 $1.08 $1.06
Weighted Average Basic Shares Outstanding		 41.02M 40.97M 40.88M 40.84M 40.75M 40.74M 40.72M 40.58M 35.49M 35.47M
Diluted Earnings per Share		 $0.08 $0.45 $0.70 $0.61 $0.72 $0.73 $0.71 $0.37 $1.08 $1.06
Weighted Average Diluted Shares Outstanding		 41.33M 41.37M 41.26M 41.25M 41.16M 41.20M 41.13M 41.11M 35.67M 35.70M
Weighted Average Basic & Diluted Shares Outstanding		 41.36M 41.34M 41.28M 41.17M 41.13M 41.09M 41.08M 40.99M 40.88M 35.71M

Annual Cash Flow Statements for First Bancorp

This table details how cash moves in and out of First Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 270 -32 -191 94 136 -232 -30 183 39 14 30
Net Cash From Operating Activities		 175 131 231 142 58 51 46 27 41 37 48
Net Cash From Continuing Operating Activities		 175 131 231 142 58 51 43 27 41 37 48
Net Income / (Loss) Continuing Operations		 76 104 147 96 81 92 89 46 28 27 25
Consolidated Net Income / (Loss)		 76 104 147 96 81 92 89 46 28 27 25
Provision For Loan Losses		 16 18 12 15 35 2.26 -3.59 0.72 -0.02 -0.78 10
Depreciation Expense		 7.76 7.75 6.86 6.19 5.84 5.84 6.08 5.49 4.60 4.49 4.62
Amortization Expense		 20 20 20 20 13 11 9.32 7.15 0.10 -0.78 -13
Non-Cash Adjustments to Reconcile Net Income		 62 -27 46 -11 -86 -53 -51 -29 -14 13 16
Changes in Operating Assets and Liabilities, net		 -7.78 9.39 -1.95 16 8.99 -6.34 -4.02 -3.71 23 -5.56 5.36
Net Cash From Investing Activities		 170 -191 -713 -1,274 -962 -425 -313 -129 -240 -138 -26
Net Cash From Continuing Investing Activities		 170 -191 -713 -1,274 -962 -425 -313 -129 -240 -138 -26
Purchase of Property, Leasehold Improvements and Equipment		 -2.66 -4.42 -5.29 -9.40 -12 -3.53 -11 -4.66 -8.69 -5.48 -4.75
Purchase of Investment Securities		 -524 -541 -1,008 -1,761 -1,438 -664 -390 -406 -366 -250 -202
Sale of Property, Leasehold Improvements and Equipment		 1.34 0.97 0.30 0.31 0.19 1.80 2.75 0.15 2.03 1.62 1.31
Sale and/or Maturity of Investments		 690 353 300 485 479 237 85 210 134 126 181
Other Investing Activities, net		 4.52 0.00 0.00 - 9.85 4.09 0.00 - -2.01 -9.88 -2.12
Net Cash From Financing Activities		 -75 28 292 1,225 1,039 142 240 285 238 115 7.79
Net Cash From Continuing Financing Activities		 -75 28 292 1,225 1,039 142 240 285 238 115 7.79
Net Change in Deposits		 498 -244 103 1,258 1,342 272 253 195 159 115 -55
Issuance of Debt		 986 3,348 1,252 0.00 -48 0.00 100 203 85 70 70
Repayment of Debt		 -1,525 -3,045 -1,032 -5.73 -202 -106 -101 -106 - - -
Payment of Dividends		 -36 -35 -31 -22 -21 -14 -11 -7.60 -6.63 -7.11 -7.17
Other Financing Activities, Net		 2.40 3.78 -0.84 -0.79 -0.31 -0.57 -0.08 0.06 0.21 0.06 0.07
Cash Interest Paid		 187 136 14 10 21 34 23 12 7.65 7.01 8.42
Cash Income Taxes Paid		 34 30 40 33 30 24 21 20 12 14 5.10

Quarterly Cash Flow Statements for First Bancorp

This table details how cash moves in and out of First Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -237 136 255 116 -36 -87 -353 443 0.80 -165
Net Cash From Operating Activities		 69 38 88 -20 38 28 29 37 51 49
Net Cash From Continuing Operating Activities		 69 38 88 -20 38 28 29 37 51 49
Net Income / (Loss) Continuing Operations		 3.55 19 29 25 30 30 29 15 38 38
Consolidated Net Income / (Loss)		 3.55 19 29 25 30 30 29 15 38 38
Provision For Loan Losses		 0.51 14 0.54 1.20 2.95 0.00 2.36 13 5.00 5.40
Depreciation Expense		 1.88 1.86 2.01 2.02 2.17 1.81 1.86 1.92 1.71 1.72
Amortization Expense		 6.91 4.56 3.94 4.93 4.92 4.73 4.80 5.12 4.49 4.87
Non-Cash Adjustments to Reconcile Net Income		 62 1.61 2.62 -4.49 -0.32 -13 -5.27 -8.69 0.81 -5.83
Changes in Operating Assets and Liabilities, net		 -6.17 -2.48 50 -49 -1.23 4.63 -4.61 11 1.00 4.59
Net Cash From Investing Activities		 -322 88 232 171 -89 -92 -43 32 -102 -234
Net Cash From Continuing Investing Activities		 -322 88 232 171 -89 -92 -43 32 -102 -234
Purchase of Property, Leasehold Improvements and Equipment		 -0.50 -0.44 -0.08 -1.64 -1.22 -1.35 -1.51 -0.35 -1.54 -1.05
Purchase of Investment Securities		 -608 25 2.26 56 -147 -139 -101 -154 -178 -285
Sale of Property, Leasehold Improvements and Equipment		 0.59 0.74 - 0.01 0.91 0.01 0.03 0.02 0.14 -0.20
Sale and/or Maturity of Investments		 286 62 226 117 59 48 60 187 78 53
Net Cash From Financing Activities		 16 9.70 -65 -35 15 -23 -339 374 51 21
Net Cash From Continuing Financing Activities		 16 9.70 -65 -35 15 -23 -339 374 51 21
Net Change in Deposits		 25 17 184 271 -204 66 -205 99 -1.67 -130
Repayment of Debt		 -0.01 -505 -241 -779 -1,455 -521 -421 -649 -863 -169
Payment of Dividends		 -9.10 -9.06 -9.05 -9.04 -9.04 -9.04 -9.02 -7.85 -7.85 -7.85
Other Financing Activities, Net		 -0.42 1.85 0.38 0.60 0.19 0.07 0.30 3.22 -0.24 -
Cash Interest Paid		 44 48 52 43 43 38 35 19 6.89 2.78
Cash Income Taxes Paid		 7.42 12 14 0.02 7.88 8.94 13 0.05 11 13

Annual Balance Sheets for First Bancorp

This table presents First Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 12,148 12,115 10,625 10,509 7,290 6,144 5,864 5,547 3,615 3,362 3,218
Cash and Due from Banks		 79 101 101 128 94 65 56 114 72 53 81
Interest Bearing Deposits at Other Banks		 429 137 169 333 274 167 407 375 234 213 171
Trading Account Securities		 2,563 2,723 2,856 3,144 1,621 890 603 462 329 320 337
Loans and Leases, Net of Allowance		 7,972 8,040 6,574 6,003 4,679 4,432 4,228 4,019 2,687 2,490 2,356
Loans and Leases		 8,095 8,150 6,665 6,082 4,731 4,453 4,249 4,042 2,711 2,519 2,396
Allowance for Loan and Lease Losses		 123 110 91 79 52 21 21 23 24 29 41
Premises and Equipment, Net		 143 151 134 136 121 115 119 116 75 75 75
Goodwill		 479 479 364 364 239 234 234 233 75 66 66
Intangible Assets		 23 30 13 18 15 17 21 24 4.43 1.34 2.06
Other Assets		 460 455 413 321 242 224 196 191 136 138 124
Total Liabilities & Shareholders' Equity		 12,148 12,115 10,625 10,509 7,290 6,144 5,864 5,547 3,615 3,362 3,218
Total Liabilities		 10,702 10,743 9,593 9,278 6,396 5,291 5,100 4,854 3,247 3,020 2,831
Non-Interest Bearing Deposits		 3,368 3,380 3,566 3,349 2,210 1,516 1,320 1,196 756 659 560
Interest Bearing Deposits		 7,163 6,652 5,662 5,776 4,064 3,415 3,339 3,211 2,191 2,152 2,136
Accrued Interest Payable		 4.60 5.70 2.74 0.61 0.90 2.15 1.98 1.24 0.54 0.59 0.69
Long-Term Debt		 92 630 288 67 62 301 - - - - -
Other Long-Term Liabilities		 75 75 76 86 60 57 32 38 27 22 18
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,446 1,372 1,032 1,231 893 852 764 693 368 342 388
Total Preferred & Common Equity		 1,446 1,372 1,032 1,231 893 852 764 693 368 342 388
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.29 71
Total Common Equity		 1,446 1,372 1,032 1,231 893 852 764 693 368 335 317
Common Stock		 970 963 724 721 398 427 431 429 147 133 133
Retained Earnings		 756 716 648 533 478 418 342 264 226 205 185
Accumulated Other Comprehensive Income / (Loss)		 -282 -308 -342 -25 14 5.12 -12 -4.15 -5.11 -3.55 -0.58
Other Equity Adjustments		 1.15 1.39 1.59 1.80 2.24 2.59 3.24 3.58 0.00 - -

Quarterly Balance Sheets for First Bancorp

This table presents First Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 12,153 12,061 12,092 11,978 12,033 12,363 10,516
Cash and Due from Banks		 74 90 87 95 101 103 83
Interest Bearing Deposits at Other Banks		 670 518 267 178 259 611 186
Trading Account Securities		 2,429 2,391 2,614 2,636 2,758 2,830 2,882
Loans and Leases, Net of Allowance		 7,891 7,960 7,966 7,919 7,788 7,693 6,439
Loans and Leases		 8,014 8,070 8,077 8,027 7,898 7,799 6,525
Allowance for Loan and Lease Losses		 123 110 110 108 109 106 87
Premises and Equipment, Net		 145 147 151 152 152 153 134
Goodwill		 479 479 479 479 479 479 364
Intangible Assets		 24 26 31 35 37 39 14
Other Assets		 431 443 490 476 458 8,146 412
Total Liabilities & Shareholders' Equity		 12,153 12,061 12,092 11,978 12,033 12,363 10,516
Total Liabilities		 10,676 10,656 10,715 10,720 10,735 11,063 9,531
Non-Interest Bearing Deposits		 3,350 3,340 3,362 3,503 3,640 3,764 3,748
Interest Bearing Deposits		 7,155 7,148 6,941 6,732 6,529 6,609 5,481
Accrued Interest Payable		 5.57 5.73 9.85 5.51 4.85 6.99 0.88
Long-Term Debt		 92 92 332 402 482 606 226
Other Long-Term Liabilities		 74 71 70 78 80 77 75
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,478 1,404 1,376 1,258 1,298 1,300 984
Total Preferred & Common Equity		 1,478 1,404 1,376 1,258 1,298 1,300 984
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 1,478 1,404 1,376 1,258 1,298 1,300 984
Common Stock		 969 966 964 961 959 958 723
Retained Earnings		 762 752 733 696 675 655 618
Accumulated Other Comprehensive Income / (Loss)		 -255 -315 -322 -401 -338 -314 -358
Other Equity Adjustments		 1.15 1.14 1.40 1.38 1.37 1.61 1.59

Annual Metrics And Ratios for First Bancorp

This table displays calculated financial ratios and metrics derived from First Bancorp's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -13.36% 2.88% 22.76% 6.86% 8.61% 3.51% 24.51% 43.65% 7.52% -5.11% -8.77%
EBITDA Growth		 -20.76% -24.96% 45.12% 20.05% -8.27% 3.05% 60.34% 71.62% 4.38% 50.32% 17.28%
EBIT Growth		 -25.64% -28.76% 53.94% 16.67% -11.31% 2.47% 67.52% 60.77% 2.36% 6.82% 17.54%
NOPAT Growth		 -26.81% -29.13% 53.63% 17.39% -11.48% 3.09% 94.22% 67.12% 1.76% 8.15% 20.76%
Net Income Growth		 -26.81% -29.13% 53.63% 17.39% -11.48% 3.09% 94.22% 67.12% 1.76% 8.15% 20.76%
EPS Growth		 -27.27% -38.59% 29.15% 13.52% -9.35% 2.99% 65.38% 36.84% 2.31% 9.24% 21.43%
Operating Cash Flow Growth		 33.02% -43.03% 62.05% 144.00% 13.85% 10.40% 72.93% -34.97% 10.50% -21.89% -33.47%
Free Cash Flow Firm Growth		 193.43% -560.52% 150.91% -188.46% 154.34% 478.82% 104.57% -397.66% -3,379.67% 104.18% -1,341.95%
Invested Capital Growth		 -23.22% 51.81% 1.63% 35.88% -17.16% -1.52% 6.39% 72.09% 20.98% 4.86% 20.51%
Revenue Q/Q Growth		 -8.22% -0.47% 2.62% 4.20% 2.28% 1.25% 0.71% 12.21% 3.47% 0.26% -4.04%
EBITDA Q/Q Growth		 -20.76% -5.26% 19.86% -10.30% 4.49% -2.36% 8.04% 39.67% -18.92% 20.31% -15.42%
EBIT Q/Q Growth		 -23.90% -7.10% 23.55% -12.65% 3.87% -3.04% 9.44% 11.16% 5.86% -1.51% 6.11%
NOPAT Q/Q Growth		 -25.53% -7.76% 23.45% -12.07% 3.51% -3.17% 12.21% 14.50% 6.00% -1.09% 6.01%
Net Income Q/Q Growth		 -25.53% -7.76% 23.45% -12.07% 3.51% -3.17% 12.21% 14.50% 6.00% -1.09% 6.01%
EPS Q/Q Growth		 -25.81% -12.46% 27.16% -16.27% 4.07% -2.82% 11.07% 5.81% 5.56% 0.00% 5.31%
Operating Cash Flow Q/Q Growth		 21.19% -9.18% 9.64% 5.07% 12.48% -8.74% -23.14% 10,666.14% 10.27% -12.08% -29.97%
Free Cash Flow Firm Q/Q Growth		 180.97% -72.59% 224.02% -505.76% 2.79% 0.66% 111.85% -54.56% -199.76% 113.37% 11.26%
Invested Capital Q/Q Growth		 -2.02% 20.67% 8.93% 31.04% 1.34% 1.54% 1.84% 20.93% 6.34% -3.47% 0.58%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 36.04% 39.41% 54.03% 45.71% 40.68% 48.17% 48.38% 37.57% 31.45% 32.40% 20.45%
EBIT Margin		 28.02% 32.65% 47.15% 37.60% 34.44% 42.17% 42.60% 31.66% 28.29% 29.72% 26.40%
Profit (Net Income) Margin		 21.77% 25.77% 37.40% 29.89% 27.21% 33.38% 33.52% 21.49% 18.47% 19.52% 17.12%
Tax Burden Percent		 77.68% 78.91% 79.33% 79.49% 79.00% 79.16% 78.68% 67.87% 65.29% 65.68% 64.87%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 22.32% 21.09% 20.67% 20.51% 21.00% 20.84% 21.32% 32.13% 34.71% 34.32% 35.13%
Return on Invested Capital (ROIC)		 4.31% 6.27% 11.23% 8.49% 7.73% 7.92% 7.86% 5.28% 4.71% 5.24% 5.42%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.31% 6.27% 11.23% 8.49% 7.73% 7.92% 7.86% 5.28% 4.71% 5.24% 5.42%
Return on Net Nonoperating Assets (RNNOA)		 1.10% 2.39% 1.76% 0.52% 1.60% 3.47% 4.39% 3.38% 3.04% 2.17% 1.16%
Return on Equity (ROE)		 5.41% 8.66% 12.99% 9.01% 9.33% 11.39% 12.25% 8.67% 7.75% 7.41% 6.58%
Cash Return on Invested Capital (CROIC)		 30.58% -34.88% 9.61% -21.93% 26.49% 9.45% 1.67% -47.71% -14.28% 0.49% -13.18%
Operating Return on Assets (OROA)		 0.81% 1.16% 1.75% 1.35% 1.54% 1.94% 1.99% 1.48% 1.21% 1.25% 1.20%
Return on Assets (ROA)		 0.63% 0.92% 1.39% 1.07% 1.21% 1.53% 1.56% 1.00% 0.79% 0.82% 0.78%
Return on Common Equity (ROCE)		 5.41% 8.66% 12.99% 9.01% 9.33% 11.39% 12.25% 8.67% 7.67% 6.62% 5.35%
Return on Equity Simple (ROE_SIMPLE)		 5.27% 7.59% 14.24% 7.77% 9.12% 10.80% 11.68% 6.63% 7.47% 7.90% 6.45%
Net Operating Profit after Tax (NOPAT)		 76 104 147 96 81 92 89 46 28 27 25
NOPAT Margin		 21.77% 25.77% 37.40% 29.89% 27.21% 33.38% 33.52% 21.49% 18.47% 19.52% 17.12%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 45.69% 39.80% 34.70% 37.27% 38.91% 40.66% 40.69% 37.83% 42.10% 42.43% 39.30%
Operating Expenses to Revenue		 67.28% 62.94% 49.69% 57.70% 53.86% 57.01% 58.75% 68.00% 71.73% 70.85% 66.62%
Earnings before Interest and Taxes (EBIT)		 98 132 185 120 103 116 113 68 42 41 39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 126 159 212 146 122 133 129 80 47 45 30
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.26 1.08 1.41 1.24 1.00 1.24 1.12 1.32 1.28 0.94 0.96
Price to Tangible Book Value (P/TBV)		 1.93 1.72 2.22 1.80 1.40 1.76 1.68 2.10 1.63 1.18 1.22
Price to Revenue (P/Rev)		 5.19 3.67 3.70 4.78 2.98 3.83 3.21 4.27 3.16 2.27 2.08
Price to Earnings (P/E)		 23.85 14.26 9.90 15.98 10.96 11.48 9.58 19.85 17.24 11.92 12.59
Dividend Yield		 2.00% 2.43% 2.16% 1.86% 2.31% 1.51% 1.39% 1.04% 1.37% 2.01% 2.08%
Earnings Yield		 4.19% 7.01% 10.10% 6.26% 9.12% 8.71% 10.43% 5.04% 5.80% 8.39% 7.95%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.94 1.12 0.87 0.62 0.98 0.68 0.75 0.68 0.46 0.47
Enterprise Value to Revenue (EV/Rev)		 4.00 4.65 3.75 3.55 1.96 4.08 3.00 3.88 2.93 1.74 1.63
Enterprise Value to EBITDA (EV/EBITDA)		 11.11 11.79 6.93 7.76 4.82 8.48 6.20 10.33 9.32 5.38 7.96
Enterprise Value to EBIT (EV/EBIT)		 14.29 14.23 7.94 9.43 5.70 9.68 7.04 12.26 10.36 5.87 6.17
Enterprise Value to NOPAT (EV/NOPAT)		 18.40 18.03 10.01 11.86 7.21 12.23 8.95 18.07 15.87 8.93 9.51
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.02 14.29 6.38 7.97 10.07 21.98 17.23 30.95 10.58 6.46 4.97
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.59 0.00 11.70 0.00 2.10 10.25 42.14 0.00 0.00 94.95 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.06 0.46 0.28 0.05 0.07 0.35 0.53 0.59 0.74 0.54 0.30
Long-Term Debt to Equity		 0.06 0.46 0.28 0.05 0.07 0.35 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.26 0.38 0.16 0.06 0.21 0.44 0.56 0.64 0.64 0.41 0.21
Leverage Ratio		 8.61 9.46 9.34 8.38 7.69 7.43 7.83 8.63 9.82 9.02 8.43
Compound Leverage Factor		 8.61 9.46 9.34 8.38 7.69 7.43 7.83 8.63 9.82 9.02 8.43
Debt to Total Capital		 5.98% 31.47% 21.80% 5.19% 6.47% 26.08% 34.73% 37.03% 42.44% 35.26% 23.09%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 34.73% 37.03% 42.44% 35.26% 23.09%
Long-Term Debt to Total Capital		 5.98% 31.47% 21.80% 5.19% 6.47% 26.08% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.38% 14.04%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 94.02% 68.53% 78.20% 94.81% 93.53% 73.92% 65.27% 62.97% 57.56% 63.36% 62.87%
Debt to EBITDA		 0.73 3.96 1.35 0.46 0.51 2.26 3.16 5.07 5.79 4.15 3.90
Net Debt to EBITDA		 -3.29 2.46 0.08 -2.69 -2.51 0.52 -0.44 -1.02 -0.74 -1.80 -4.58
Long-Term Debt to EBITDA		 0.73 3.96 1.35 0.46 0.51 2.26 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 1.21 6.05 1.96 0.70 0.76 3.27 4.55 8.87 9.87 6.89 4.66
Net Debt to NOPAT		 -5.45 3.77 0.12 -4.12 -3.75 0.75 -0.63 -1.78 -1.26 -2.99 -5.47
Long-Term Debt to NOPAT		 1.21 6.05 1.96 0.70 0.76 3.27 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.03% 10.70% 18.64%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 541 -579 126 -247 279 110 19 -415 -83 2.54 -61
Operating Cash Flow to CapEx		 13,261.08% 3,807.48% 4,624.18% 1,566.01% 479.16% 2,953.20% 582.31% 595.34% 619.31% 967.62% 1,389.31%
Free Cash Flow to Firm to Interest Expense		 2.90 -4.08 7.81 -25.94 14.28 3.24 0.80 -32.76 -10.96 0.37 -7.39
Operating Cash Flow to Interest Expense		 0.93 0.92 14.32 14.95 2.98 1.51 1.95 2.12 5.43 5.41 5.82
Operating Cash Flow Less CapEx to Interest Expense		 0.93 0.90 14.01 13.99 2.36 1.46 1.62 1.76 4.55 4.85 5.40
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.04 0.04 0.05
Fixed Asset Turnover		 2.38 2.83 2.91 2.49 2.54 2.36 2.26 2.23 1.99 1.85 1.91
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,537 2,003 1,319 1,298 955 1,153 1,171 1,101 639 529 504
Invested Capital Turnover		 0.20 0.24 0.30 0.28 0.28 0.24 0.23 0.25 0.26 0.27 0.32
Increase / (Decrease) in Invested Capital		 -465 683 21 343 -198 -18 70 461 111 24 86
Enterprise Value (EV)		 1,402 1,877 1,471 1,135 588 1,126 799 831 437 241 238
Market Capitalization		 1,818 1,485 1,454 1,528 893 1,057 856 913 471 315 304
Book Value per Share		 $34.97 $33.40 $28.89 $34.57 $31.21 $28.79 $25.71 $23.38 $18.30 $16.93 $16.08
Tangible Book Value per Share		 $22.83 $21.03 $18.33 $23.84 $22.31 $20.29 $17.11 $14.69 $14.35 $13.53 $12.64
Total Capital		 1,537 2,003 1,319 1,298 955 1,153 1,171 1,101 639 529 504
Total Debt		 92 630 288 67 62 301 407 408 271 186 116
Total Long-Term Debt		 92 630 288 67 62 301 0.00 0.00 0.00 0.00 0.00
Net Debt		 -416 392 17 -394 -305 69 -56 -82 -35 -81 -137
Capital Expenditures (CapEx)		 1.32 3.45 4.99 9.09 12 1.74 7.97 4.51 6.66 3.86 3.44
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 92 630 288 67 62 301 407 408 271 186 116
Total Depreciation and Amortization (D&A)		 28 27 27 26 19 17 15 13 4.70 3.71 -8.68
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.85 $2.54 $4.12 $3.19 $2.81 $3.10 $3.02 $1.82 $1.37 $1.34 $1.22
Adjusted Weighted Average Basic Shares Outstanding		 41.02M 40.75M 35.49M 29.88M 28.84M 29.55M 29.57M 25.21M 19.96M 19.77M 19.70M
Adjusted Diluted Earnings per Share		 $1.84 $2.53 $4.12 $3.19 $2.81 $3.10 $3.01 $1.82 $1.33 $1.30 $1.19
Adjusted Weighted Average Diluted Shares Outstanding		 41.33M 41.16M 35.67M 30.03M 28.98M 29.72M 29.71M 25.29M 20.73M 20.50M 20.43M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $3.10 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 41.36M 41.13M 40.88M 35.65M 28.49M 29.21M 29.72M 29.65M 24.65M 19.75M 19.71M
Normalized Net Operating Profit after Tax (NOPAT)		 76 115 151 109 82 93 92 52 28 27 25
Normalized NOPAT Margin		 21.77% 28.44% 38.43% 34.07% 27.35% 33.71% 34.38% 24.22% 19.10% 19.52% 17.12%
Pre Tax Income Margin		 28.02% 32.65% 47.15% 37.60% 34.44% 42.17% 42.60% 31.66% 28.29% 29.72% 26.40%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.52 0.93 11.50 12.63 5.27 3.43 4.77 5.35 5.54 5.96 4.69
NOPAT to Interest Expense		 0.41 0.73 9.12 10.04 4.17 2.72 3.76 3.63 3.62 3.91 3.04
EBIT Less CapEx to Interest Expense		 0.52 0.90 11.19 11.68 4.65 3.38 4.44 4.99 4.66 5.40 4.27
NOPAT Less CapEx to Interest Expense		 0.40 0.71 8.82 9.09 3.54 2.66 3.42 3.27 2.74 3.35 2.62
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 47.56% 33.55% 20.87% 23.24% 25.70% 14.84% 12.63% 16.52% 24.11% 26.28% 28.69%
Augmented Payout Ratio		 47.56% 33.55% 20.87% 27.46% 64.81% 25.71% 12.63% 16.52% 24.11% 26.28% 28.69%

Quarterly Metrics And Ratios for First Bancorp

This table displays calculated financial ratios and metrics derived from First Bancorp's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -32.32% -3.26% -5.44% -13.07% -1.92% -2.32% 5.95% 10.29% 11.28% 36.21%
EBITDA Growth		 -65.03% -34.40% -2.46% 46.76% -17.34% -19.69% -17.78% -46.84% 185.07% 33.20%
EBIT Growth		 -81.75% -40.06% -1.03% 64.30% -21.44% -22.27% -19.23% -54.66% 278.63% 40.03%
NOPAT Growth		 -88.03% -37.51% -2.35% 66.69% -22.79% -21.23% -19.63% -55.37% 265.26% 37.28%
Net Income Growth		 -88.03% -37.51% -2.35% 66.69% -22.79% -21.23% -19.63% -55.37% 265.26% 37.28%
EPS Growth		 -88.89% -38.36% -1.41% 64.86% -33.33% -31.13% -31.07% -61.05% 440.00% 9.28%
Operating Cash Flow Growth		 80.07% 36.85% 207.38% -154.87% -25.81% -42.34% -6.04% -63.44% 65.10% 61.89%
Free Cash Flow Firm Growth		 171.68% 126.03% 150.34% 131.61% -3,880.93% -129.39% -386.59% -232.04% 105.21% -801.86%
Invested Capital Growth		 -23.22% -5.44% -15.93% -10.39% 51.81% 37.04% 57.49% 60.89% 1.63% 22.26%
Revenue Q/Q Growth		 -32.04% 0.95% 3.85% -5.01% -2.86% -1.32% -4.53% 7.17% -3.24% 7.03%
EBITDA Q/Q Growth		 -45.99% -32.32% 10.61% -12.76% 1.32% 0.62% 66.44% -50.80% -1.56% 3.02%
EBIT Q/Q Growth		 -69.53% -38.80% 16.05% -15.67% 0.09% 1.04% 92.64% -59.51% -0.98% 5.01%
NOPAT Q/Q Growth		 -80.99% -34.94% 13.61% -14.83% -0.73% 1.67% 93.94% -60.55% 1.28% 3.73%
Net Income Q/Q Growth		 -80.99% -34.94% 13.61% -14.83% -0.73% 1.67% 93.94% -60.55% 1.28% 3.73%
EPS Q/Q Growth		 -82.22% -35.71% 14.75% -15.28% -1.37% 2.82% 91.89% -65.74% 1.89% 2.91%
Operating Cash Flow Q/Q Growth		 78.88% -56.20% 536.60% -144.04% 35.95% -1.63% -22.06% -28.83% 5.65% 60.31%
Free Cash Flow Firm Q/Q Growth		 329.96% -65.09% 39.81% 134.15% -56.16% 32.49% 12.21% -4,185.22% 109.47% -43.21%
Invested Capital Q/Q Growth		 -2.02% 4.90% -12.44% -14.69% 20.67% -6.73% -6.67% 44.53% 8.93% 7.19%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 23.85% 30.00% 44.76% 42.02% 46.15% 44.25% 43.39% 24.89% 54.76% 53.82%
EBIT Margin		 10.47% 23.36% 38.53% 34.48% 38.84% 37.70% 36.82% 18.25% 48.49% 47.38%
Profit (Net Income) Margin		 5.41% 19.33% 30.00% 27.42% 30.58% 29.93% 29.05% 14.30% 38.85% 37.12%
Tax Burden Percent		 51.63% 82.76% 77.84% 79.51% 78.73% 79.39% 78.90% 78.37% 79.62% 78.82%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.63% 99.38%
Effective Tax Rate		 48.37% 17.24% 22.16% 20.49% 21.27% 20.61% 21.10% 21.63% 20.38% 21.18%
Return on Invested Capital (ROIC)		 1.07% 4.57% 7.05% 5.92% 7.44% 8.47% 8.16% 3.73% 11.66% 12.91%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.07% 4.57% 7.05% 5.92% 7.44% 8.47% 8.16% 3.73% 11.66% 12.91%
Return on Net Nonoperating Assets (RNNOA)		 0.27% 0.82% 1.50% 2.08% 2.84% 2.37% 1.90% 1.04% 1.83% 1.94%
Return on Equity (ROE)		 1.34% 5.39% 8.54% 8.00% 10.28% 10.84% 10.05% 4.76% 13.49% 14.84%
Cash Return on Invested Capital (CROIC)		 30.58% 11.93% 24.24% 17.28% -34.88% -23.39% -36.34% -38.39% 9.61% -9.22%
Operating Return on Assets (OROA)		 0.30% 0.74% 1.23% 1.10% 1.38% 1.36% 1.33% 0.64% 1.80% 1.91%
Return on Assets (ROA)		 0.16% 0.61% 0.96% 0.88% 1.09% 1.08% 1.05% 0.50% 1.44% 1.50%
Return on Common Equity (ROCE)		 1.34% 5.39% 8.54% 8.00% 10.28% 10.84% 10.05% 4.76% 13.49% 14.84%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 6.93% 8.09% 8.30% 0.00% 8.98% 9.32% 9.86% 0.00% 12.09%
Net Operating Profit after Tax (NOPAT)		 3.55 19 29 25 30 30 29 15 38 38
NOPAT Margin		 5.41% 19.33% 30.00% 27.42% 30.58% 29.93% 29.05% 14.30% 38.85% 37.12%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 60.67% 42.75% 41.12% 42.85% 40.52% 40.99% 39.33% 38.46% 34.81% 32.68%
Operating Expenses to Revenue		 88.75% 61.94% 60.90% 64.22% 58.11% 62.30% 60.85% 69.96% 46.15% 47.63%
Earnings before Interest and Taxes (EBIT)		 6.88 23 37 32 38 38 37 19 48 48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 16 29 43 39 45 44 44 26 54 55
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.26 1.16 0.94 1.07 1.08 0.90 0.91 1.08 1.41 1.27
Price to Tangible Book Value (P/TBV)		 1.93 1.76 1.46 1.70 1.72 1.52 1.52 1.79 2.22 2.06
Price to Revenue (P/Rev)		 5.19 4.50 3.42 3.78 3.67 2.78 2.91 3.48 3.70 3.26
Price to Earnings (P/E)		 23.85 16.78 11.57 12.91 14.26 9.99 9.81 10.95 9.90 10.48
Dividend Yield		 2.00% 2.12% 2.76% 2.45% 2.43% 3.20% 3.04% 2.56% 2.16% 2.46%
Earnings Yield		 4.19% 5.96% 8.64% 7.74% 7.01% 10.01% 10.19% 9.13% 10.10% 9.54%
Enterprise Value to Invested Capital (EV/IC)		 0.91 0.68 0.53 0.85 0.94 0.76 0.74 0.68 1.12 0.99
Enterprise Value to Revenue (EV/Rev)		 4.00 2.79 2.07 3.72 4.65 3.09 3.20 3.22 3.75 3.15
Enterprise Value to EBITDA (EV/EBITDA)		 11.11 6.68 4.57 8.28 11.79 7.47 7.31 6.88 6.93 6.80
Enterprise Value to EBIT (EV/EBIT)		 14.29 8.25 5.54 10.07 14.23 8.84 8.56 8.02 7.94 8.03
Enterprise Value to NOPAT (EV/NOPAT)		 18.40 10.40 7.02 12.73 18.03 11.13 10.81 10.12 10.01 10.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.02 7.38 5.96 19.46 14.29 8.68 7.91 7.76 6.38 5.72
Enterprise Value to Free Cash Flow (EV/FCFF)		 2.59 5.52 2.01 4.66 0.00 0.00 0.00 0.00 11.70 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.06 0.06 0.07 0.24 0.46 0.32 0.37 0.47 0.28 0.23
Long-Term Debt to Equity		 0.06 0.06 0.07 0.24 0.46 0.32 0.37 0.47 0.28 0.23
Financial Leverage		 0.26 0.18 0.21 0.35 0.38 0.28 0.23 0.28 0.16 0.15
Leverage Ratio		 8.61 8.82 8.92 9.14 9.46 10.03 9.58 9.52 9.34 9.93
Compound Leverage Factor		 8.61 8.82 8.92 9.14 9.46 10.03 9.58 9.52 9.40 9.87
Debt to Total Capital		 5.98% 5.84% 6.12% 19.45% 31.47% 24.21% 27.07% 31.81% 21.80% 18.70%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 5.98% 5.84% 6.12% 19.45% 31.47% 24.21% 27.07% 31.81% 21.80% 18.70%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 94.02% 94.16% 93.88% 80.55% 68.53% 75.79% 72.93% 68.19% 78.20% 81.30%
Debt to EBITDA		 0.73 0.58 0.52 1.89 3.96 2.39 2.69 3.22 1.35 1.28
Net Debt to EBITDA		 -3.29 -4.10 -2.96 -0.12 2.46 0.76 0.68 -0.57 0.08 -0.24
Long-Term Debt to EBITDA		 0.73 0.58 0.52 1.89 3.96 2.39 2.69 3.22 1.35 1.28
Debt to NOPAT		 1.21 0.90 0.81 2.91 6.05 3.56 3.98 4.73 1.96 1.90
Net Debt to NOPAT		 -5.45 -6.38 -4.55 -0.19 3.77 1.14 1.00 -0.83 0.12 -0.36
Long-Term Debt to NOPAT		 1.21 0.90 0.81 2.91 6.05 3.56 3.98 4.73 1.96 1.90
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 469 109 312 223 -654 -419 -620 -706 17 -183
Operating Cash Flow to CapEx		 0.00% 0.00% 109,652.50% -1,231.88% 12,351.78% 2,106.15% 1,930.92% 11,061.93% 3,682.53% 3,901.60%
Free Cash Flow to Firm to Interest Expense		 10.76 2.25 6.54 4.72 -14.83 -10.69 -18.14 -28.61 1.98 -61.74
Operating Cash Flow to Interest Expense		 1.58 0.79 1.84 -0.42 0.87 0.72 0.84 1.48 5.89 16.47
Operating Cash Flow Less CapEx to Interest Expense		 1.58 0.80 1.84 -0.46 0.86 0.68 0.79 1.47 5.73 16.05
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 2.38 2.57 2.57 2.57 2.83 2.84 2.84 2.79 2.91 2.96
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,537 1,569 1,496 1,708 2,003 1,660 1,779 1,906 1,319 1,211
Invested Capital Turnover		 0.20 0.24 0.24 0.22 0.24 0.28 0.28 0.26 0.30 0.35
Increase / (Decrease) in Invested Capital		 -465 -90 -283 -198 683 449 650 722 21 220
Enterprise Value (EV)		 1,402 1,064 797 1,454 1,877 1,256 1,308 1,296 1,471 1,204
Market Capitalization		 1,818 1,717 1,314 1,475 1,485 1,128 1,187 1,403 1,454 1,247
Book Value per Share		 $34.97 $35.79 $34.11 $33.45 $33.40 $30.61 $31.66 $31.80 $28.89 $27.59
Tangible Book Value per Share		 $22.83 $23.60 $21.85 $21.06 $21.03 $18.11 $19.07 $19.13 $18.33 $16.99
Total Capital		 1,537 1,569 1,496 1,708 2,003 1,660 1,779 1,906 1,319 1,211
Total Debt		 92 92 92 332 630 402 482 606 288 226
Total Long-Term Debt		 92 92 92 332 630 402 482 606 288 226
Net Debt		 -416 -653 -517 -22 392 128 121 -107 17 -43
Capital Expenditures (CapEx)		 -0.09 -0.31 0.08 1.63 0.31 1.33 1.48 0.33 1.40 1.25
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 92 92 92 332 630 402 482 606 288 226
Total Depreciation and Amortization (D&A)		 8.78 6.42 5.95 6.95 7.09 6.54 6.65 7.04 6.20 6.58
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.09 $0.45 $0.70 $0.61 $0.72 $0.73 $0.72 $0.37 $1.08 $1.06
Adjusted Weighted Average Basic Shares Outstanding		 41.02M 40.97M 40.88M 40.84M 40.75M 40.74M 40.72M 40.58M 35.49M 35.47M
Adjusted Diluted Earnings per Share		 $0.08 $0.45 $0.70 $0.61 $0.72 $0.73 $0.71 $0.37 $1.08 $1.06
Adjusted Weighted Average Diluted Shares Outstanding		 41.33M 41.37M 41.26M 41.25M 41.16M 41.20M 41.13M 41.11M 35.67M 35.70M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 41.36M 41.34M 41.28M 41.17M 41.13M 41.09M 41.08M 40.99M 40.88M 35.71M
Normalized Net Operating Profit after Tax (NOPAT)		 3.55 19 29 25 30 30 30 25 39 38
Normalized NOPAT Margin		 5.41% 19.33% 30.00% 27.42% 30.73% 29.93% 30.09% 23.30% 39.09% 37.54%
Pre Tax Income Margin		 10.47% 23.36% 38.53% 34.48% 38.84% 37.70% 36.82% 18.25% 48.80% 47.09%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.16 0.47 0.77 0.67 0.85 0.96 1.09 0.78 5.49 16.39
NOPAT to Interest Expense		 0.08 0.39 0.60 0.53 0.67 0.76 0.86 0.61 4.40 12.84
EBIT Less CapEx to Interest Expense		 0.16 0.47 0.77 0.64 0.85 0.93 1.05 0.77 5.33 15.97
NOPAT Less CapEx to Interest Expense		 0.08 0.39 0.60 0.50 0.67 0.73 0.82 0.60 4.24 12.42
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 47.56% 35.37% 31.85% 31.63% 33.55% 29.90% 26.93% 24.50% 20.87% 23.95%
Augmented Payout Ratio		 47.56% 35.37% 31.85% 31.63% 33.55% 29.90% 26.93% 24.50% 20.87% 23.95%

Frequently Asked Questions About First Bancorp's Financials

When does First Bancorp's fiscal year end?

According to the most recent income statement we have on file, First Bancorp's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has First Bancorp's net income changed over the last 10 years?

First Bancorp's net income appears to be on an upward trend, with a most recent value of $76.22 million in 2024, rising from $25.00 million in 2014. The previous period was $104.13 million in 2023. View First Bancorp's forecast to see where analysts expect First Bancorp to go next.

How has First Bancorp revenue changed over the last 10 years?

Over the last 10 years, First Bancorp's total revenue changed from $145.98 million in 2014 to $350.17 million in 2024, a change of 139.9%.

How much debt does First Bancorp have?

First Bancorp's total liabilities were at $10.70 billion at the end of 2024, a 0.4% decrease from 2023, and a 278.1% increase since 2014.

How much cash does First Bancorp have?

In the past 10 years, First Bancorp's cash and equivalents has ranged from $53.29 million in 2015 to $128.23 million in 2021, and is currently $78.60 million as of their latest financial filing in 2024.

How has First Bancorp's book value per share changed over the last 10 years?

Over the last 10 years, First Bancorp's book value per share changed from 16.08 in 2014 to 34.97 in 2024, a change of 117.4%.


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This page (NASDAQ:FBNC) was last updated on 5/24/2025 by MarketBeat.com Staff
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