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First Bancorp Q1 2023 Earnings Report

First Bancorp logo
$44.69 +1.14 (+2.62%)
(As of 12/20/2024 05:31 PM ET)

First Bancorp EPS Results

Actual EPS
$0.37
Consensus EPS
$0.88
Beat/Miss
Missed by -$0.51
One Year Ago EPS
N/A

First Bancorp Revenue Results

Actual Revenue
$106.02 million
Expected Revenue
$114.40 million
Beat/Miss
Missed by -$8.38 million
YoY Revenue Growth
N/A

First Bancorp Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

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First Bancorp Earnings Headlines

First Bancorp's Payment Expected To Have Solid Earnings Coverage
First Bancorp: Earnings To Grow But Stock Appears Overvalued
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First Bancorp Announces Cash Dividend
See More First Bancorp Headlines
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About First Bancorp

First Bancorp (NASDAQ:FBNC) operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It 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, the company 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, it 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. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.

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