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FBNCFirst Bancorp
$63.02$2.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
FBNC logo

First Bancorp

FBNC
NASDAQ · Regional Banks
$63.02
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$2.61B
P/E23.5x
52W High$66.78
Volume225.57K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

NIM Volatility Masks Balance Sheet Repositioning

First Bancorp's 2026Q2 results reveal a strategic balance sheet repositioning, with investment purchases surging to $315.6M and cash reserves compressing 78.9% YoY to $128.4M, yet the quarter's -1.4% NIM and 197.3% efficiency ratio signal significant rate sens...

GrowthMixed
ProfitabilityStable
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

FBNC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

+50% Peers

P/E is 50% above peer median

03

Market leadership

RS 69 · Avg

Average momentum (RS Rating: 69)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 22

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FBNC+24.73%
S&P 500 (^GSPC)+13.20%
1-Year Return
FBNC+21.00%
S&P 500 (^GSPC)+15.98%
3-Year Return
FBNC+141.12%
S&P 500 (^GSPC)+80.93%
5-Year Return
FBNC+67.62%
S&P 500 (^GSPC)+73.44%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
23.2x
Forward P/EExpansion
13.7x
EV/EBITDA100th %ile
16.2x
FCF YieldCash Flow
7.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
23.2x
17.1x
80th· High
EV/EBITDA
16.2x
10.6x
100th· High
Price/FCF
12.9x
10.6x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$14.39-77.2%
Base (Fair)$29.48-53.5%
Bull$49.00-22.2%
$14.39 Bear$29.48 Base$49.00 Bull
Current Market Price: $63.02
Trades at a 113.8% premium to Base DCF ($29.48)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$384M+11.7% YoY
Net income
$111M+45.7% YoY
Free cash flow
$199M+15.5% YoY
Operating margin
26.6%+8.1 pts YoY
ROIC (TTM)6.8%
Avg ROIC 5Y-
ROE (TTM)7.2%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 22, 2026
$1.22+6.1%
vs $1.15
$127M+1.0%
vs $126M
Q2 2026
Apr 22, 2026
$1.13+3.7%
vs $1.09
$122M-0.7%
vs $123M
Q1 2026
Jan 21, 2026
$0.38-63.1%
vs $1.03
$84M-31.5%
vs $122M
Q4 2025
Oct 22, 2025
$0.49-42.2%
vs $0.85
$90M-21.2%
vs $114M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PRNewsWire·Sep 15, 2026
First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C., Sept. 15, 2026 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.24 per share payable on October 23, 2026 to shareholders of record as of September 30, 2026.

Seeking Alpha·Sep 10, 2026
First BanCorp: Exceptional Run Doesn't Necessitate A Downgrade

First BanCorp has delivered outsized returns, outperforming the S&P 500 since my bullish stance in December. FBP's asset quality remains impressive, with strong returns on assets (2.02%) and equity (19.49%) despite elevated valuation multiples. Net interest margin improved to 4.87%, and the bank is well-positioned to benefit further from rising interest rates.

Defense World·Sep 5, 2026
Deutsche Bank AG Buys Shares of 7,774 First Bancorp $FBNC

Deutsche Bank AG bought a new position in First Bancorp (NASDAQ: FBNC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,774 shares of the financial services provider's stock, valued at approximately $233,000. Several other hedge funds have also modified their holdings

Defense World·Sep 4, 2026
BlackRock Inc. Invests $16.49 Million in First Bancorp $FBNC

BlackRock Inc. acquired a new stake in shares of First Bancorp (NASDAQ: FBNC) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 549,166 shares of the financial services provider's stock, valued at approximately $16,486,000. BlackRock Inc. owned approximately 1.33% of First Bancorp as

Filtered for First BancorpMore Headlines
04

Compare before deciding

Benchmark FBNC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for First Bancorp (FBNC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FBNC logoFBNCFirst BancorpCurrent
$63.02$2.61B23.5111.72%20.45%7.16%1.43%
SFNC logoSFNCSimmons First National Corporation
$22.50$3.26B-7.63-86.6%-63.53%-10.51%—
HOMB logoHOMBHome Bancshares, Inc.
$29.14$5.87B12.09-3.54%34.84%11.29%—
FFIN logoFFINFirst Financial Bankshares, Inc.
$32.31$4.63B18.2516.23%31.14%14.2%—
UBSI logoUBSIUnited Bankshares, Inc.
$46.53$6.41B14.2320.13%38.34%9.25%—
NBTB logoNBTBNBT Bancorp Inc.
$50.85$2.64B15.2714.54%22.65%11.26%—

Compare FBNC vs Peers

First Bancorp (FBNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SFNC

Most directly comparable listed peer for FBNC.

Scale Benchmark

vs V

Larger-name benchmark to compare FBNC against a more recognizable public peer.

Peer Set

Compare Top 5

vs SFNC, HOMB, FFIN, UBSI

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FBNC SEC Filings & Documents

First Bancorp (FBNC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 22, 2026·SEC

Material company update

Jul 14, 2026·SEC

Material company update

Jun 12, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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FBNC Frequently Asked Questions

First Bancorp (FBNC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is First Bancorp growing?

First Bancorp (FBNC) grew revenue by 11.7% over the past year. This is steady growth.

Is FBNC profitable?

Yes, First Bancorp (FBNC) is profitable, generating $133.3M in net income for fiscal year 2025 (20.4% net margin).

Dividend & Returns
Does FBNC pay dividends?

Yes, First Bancorp (FBNC) pays a dividend with a yield of 1.43%. This makes it attractive for income-focused investors.

What is FBNC's return on equity?

First Bancorp (FBNC) has a return on equity (ROE) of 7.2%. This is below average, suggesting room for improvement.

Industry Metrics
What is First Bancorp's net interest margin?

First Bancorp (FBNC) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

What is First Bancorp's efficiency ratio?

First Bancorp (FBNC) has an efficiency ratio of 43.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FBNC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →