First Bancorp (FBNC)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 299 | 315 | 392 | 399 | 344 | 384 | 277 | - |
| Operating profit | $m | 144 | 48 | ||||||
| Net profit | $m | 81 | 96 | 147 | 104 | 76 | 111 | 133 | 187 |
| EPS reported | $ | 2.68 | 3.22 | ||||||
| Operating cashflow per share | $ | 4.91 | 5.62 | ||||||
| Capex per share | $ | 0.10 | 0.13 | ||||||
| FCF per share | $ | 4.81 | 5.49 | ||||||
| Free cash flow | $m | 199 | 227 | ||||||
| Net debt | $m | -2,121 | -1,993 | ||||||
| Book value equity | $m | 1,654 | 1,716 | ||||||
| Book value per share | $ | 40.00 | 41.51 | ||||||
| Number of shares | m | 41.35 | 41.35 | ||||||
| DPS (TTM paid) | $ | 0.91 | 1.18 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 18.95 | 19.59 | ||||||
| P/B LTM | x | 1.27 | 1.22 | ||||||
| P/S LTM | x | 5.47 | 7.59 | ||||||
| P/FCF LTM | x | 10.56 | 9.25 | ||||||
| EV/EBITDA LTM | x | 13.11 | 40.30 | ||||||
| EV/Sales LTM | x | 3.73 | 6.29 | ||||||
| Earnings Yield LTM | % | +5.28% | +5.10% | ||||||
| FCF Yield | % | +9.47% | +10.81% | ||||||
| Quality | |||||||||
| ROE | % | +6.71% | +8.01% | ||||||
| ROIC | % | -1.75% | -0.46% | ||||||
| Operating margin | % | +26.56% | +11.13% | ||||||
| Gross margin | % | +70.11% | +63.58% | ||||||
| FCF/Sales | % | +36.62% | +53.03% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +45.65% | +75.00% | ||||||
| Sales Growth YoY | % | +11.72% | -19.58% | ||||||
| Net Income Growth YoY | % | +45.70% | +74.84% | ||||||
| FCF Growth | % | +15.55% | +31.87% | ||||||
| Operating Profit Growth | % | +47.00% | -51.45% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +1.78% | +1.42% | ||||||
| Dividend Growth | % | +3.41% | +34.09% | ||||||
| Payout Ratio | % | +33.64% | +28.93% | ||||||
| FCF/Debt | x | 2.67 | 3.04 | ||||||
| Net Debt/EBITDA | x | -0.47 | -1.07 | ||||||
| EBIT/Net interest | x | 0.91 | 0.31 | ||||||
| Net debt/market cap | % | +3.55% | +2.72% | ||||||
| Net debt/Equity | x | -1.28 | -1.16 | ||||||
| Gross debt/equity | x | 0.05 | 0.04 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
First Bancorp (FBNC) functions as the parent company of First Bank, offering a diverse array of financial solutions to individuals and small to medium-sized businesses. Its operational focus is primarily within North Carolina and the northeastern region of South Carolina. The institution provides various deposit options, such as transactional accounts (checking, savings, money market) and fixed-term products, including certificates of deposit and individual retirement accounts. For its lending portfolio, First Bank extends credit for a wide range of consumer and commercial purposes. This encompasses financing for businesses, real estate, personal needs, home improvements, and vehicle purchases, alongside residential mortgages and Small Business Administration (SBA) loans. Additionally, it offers specialized commercial funding options like accounts receivable financing, factoring, inventory financing, and purchase order financing. Beyond core banking, clients have access to credit and debit cards, letters of credit, and safe deposit box rentals. Its digital and electronic services include wire transfers, online and mobile banking platforms, cash management tools, telephone banking, and remote check deposit capabilities. Furthermore, First Bancorp provides investment and insurance products, featuring mutual funds, annuities, various insurance policies (long-term care, life, property, and casualty), and company retirement plans. Comprehensive financial planning services are also available. As of December 31, 2021, the company maintained an extensive network of 121 branches, with 114 located in North Carolina and 7 in South Carolina. First Bancorp was established in 1934 and its corporate headquarters are situated in Southern Pines, North Carolina.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
First Bancorp (FBNC) functions as the parent company of First Bank, offering a diverse array of financial solutions to individuals and small to medium-sized businesses. Its operational focus is primarily within North Carolina and the northeastern region of South Carolina. The institution provides various deposit options, such as transactional accounts (checking, savings, money market) and fixed-term products, including certificates of deposit and individual retirement accounts. For its lending portfolio, First Bank extends credit for a wide range of consumer and commercial purposes. This encompasses financing for businesses, real estate, personal needs, home improvements, and vehicle purchases, alongside residential mortgages and Small Business Administration (SBA) loans. Additionally, it offers specialized commercial funding options like accounts receivable financing, factoring, inventory financing, and purchase order financing. Beyond core banking, clients have access to credit and debit cards, letters of credit, and safe deposit box rentals. Its digital and electronic services include wire transfers, online and mobile banking platforms, cash management tools, telephone banking, and remote check deposit capabilities. Furthermore, First Bancorp provides investment and insurance products, featuring mutual funds, annuities, various insurance policies (long-term care, life, property, and casualty), and company retirement plans. Comprehensive financial planning services are also available. As of December 31, 2021, the company maintained an extensive network of 121 branches, with 114 located in North Carolina and 7 in South Carolina. First Bancorp was established in 1934 and its corporate headquarters are situated in Southern Pines, North Carolina.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free