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NASDAQ:FBNC

First Bancorp (FBNC) Stock Price, News & Analysis

First Bancorp logo
$39.70 -0.76 (-1.87%)
As of 10:59 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About First Bancorp Stock (NASDAQ:FBNC)

Key Stats

Today's Range
$39.42
$40.24
50-Day Range
$36.02
$43.27
52-Week Range
$29.53
$50.34
Volume
19,507 shs
Average Volume
181,346 shs
Market Capitalization
$1.64 billion
P/E Ratio
21.64
Dividend Yield
2.22%
Price Target
$49.00
Consensus Rating
Buy

Company Overview

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. 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.

First Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
50th Percentile Overall Score

FBNC MarketRank™: 

First Bancorp scored higher than 50% of companies evaluated by MarketBeat, and ranked 446th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    First Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    First Bancorp has only been the subject of 3 research reports in the past 90 days.

  • Read more about First Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for First Bancorp are expected to grow by 6.42% in the coming year, from $3.27 to $3.48 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of First Bancorp is 21.98, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of First Bancorp is 21.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.10.

  • Price to Book Value per Share Ratio

    First Bancorp has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.81% of the float of First Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    First Bancorp has a short interest ratio ("days to cover") of 6.1.
  • Change versus previous month

    Short interest in First Bancorp has recently increased by 8.74%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    First Bancorp pays a meaningful dividend of 2.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    First Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of First Bancorp is 47.83%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, First Bancorp will have a dividend payout ratio of 25.29% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.

  • Read more about First Bancorp's dividend.
  • Percentage of Shares Shorted

    2.81% of the float of First Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    First Bancorp has a short interest ratio ("days to cover") of 6.1.
  • Change versus previous month

    Short interest in First Bancorp has recently increased by 8.74%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    First Bancorp has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for First Bancorp this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    2 people have added First Bancorp to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, First Bancorp insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.82% of the stock of First Bancorp is held by insiders.

  • Percentage Held by Institutions

    68.36% of the stock of First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about First Bancorp's insider trading history.
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FBNC Stock News Headlines

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First Bancorp Reports First Quarter Results
See More Headlines

FBNC Stock Analysis - Frequently Asked Questions

First Bancorp's stock was trading at $43.97 at the beginning of the year. Since then, FBNC shares have decreased by 8.0% and is now trading at $40.45.
View the best growth stocks for 2025 here
.

First Bancorp (NASDAQ:FBNC) announced its quarterly earnings results on Wednesday, April, 23rd. The financial services provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. The financial services provider had revenue of $105.79 million for the quarter, compared to analysts' expectations of $105.81 million. First Bancorp had a trailing twelve-month return on equity of 8.04% and a net margin of 14.19%.

First Bancorp's top institutional shareholders include Rhumbline Advisers (0.29%), Chatham Capital Group Inc. (0.19%), GAMMA Investing LLC (0.14%) and State of Alaska Department of Revenue (0.06%). Insiders that own company stock include Mason Y Garrett, Richard H Moore, Michael Goodwin Mayer, Suzanne S Deferie, Carlie C Mclamb Jr, Elizabeth B Bostian, Mary Clara Capel, Dexter V Perry and J Randolph Potter.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that First Bancorp investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Record date for 1/25 Dividend
12/31/2024
Ex-Dividend for 1/25 Dividend
12/31/2024
Dividend Payable
1/25/2025
Record date for 4/25 Dividend
3/31/2025
Ex-Dividend for 4/25 Dividend
3/31/2025
Last Earnings
4/23/2025
Today
4/25/2025
Dividend Payable
4/25/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:FBNC
Employees
1,290
Year Founded
1948

Price Target and Rating

Average Stock Price Target
$49.00
High Stock Price Target
$50.00
Low Stock Price Target
$48.00
Potential Upside/Downside
+21.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Trailing P/E Ratio
21.98
Forward P/E Ratio
12.37
P/E Growth
N/A
Net Income
$76.21 million
Pretax Margin
18.27%

Debt

Sales & Book Value

Annual Sales
$343.85 million
Cash Flow
$2.79 per share
Price / Cash Flow
14.48
Book Value
$34.97 per share
Price / Book
1.16

Miscellaneous

Free Float
39,833,000
Market Cap
$1.67 billion
Optionable
Optionable
Beta
0.89

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This page (NASDAQ:FBNC) was last updated on 4/25/2025 by MarketBeat.com Staff
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