FBNC Stock Analysis: First Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 2.530m USD | 12M Return: 21% | US3189101062 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.9M
EPS Trend: 71.6%
Qual. Beats: 1
Rev. Trend: -35.9%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Bancorp is a bank holding company that operates First Bank, offering a full suite of retail and commercial banking services to individuals and businesses. Its core activities span deposit gathering-including checking, savings, money market accounts, CDs, and IRAs-and a broad lending portfolio covering commercial loans, real estate construction and mortgages, consumer loans, and specialized financing such as accounts receivable factoring, inventory financing, and purchase order financing. The company also provides payment and digital banking services (credit/debit cards, wire transfers, internet and mobile banking, remote deposit capture), as well as investment, insurance, and financial planning products through its branch network. Founded in 1934 and headquartered in Southern Pines, North Carolina, First Bancorp follows the traditional community bank model scaled up through a holding company structure.
As a U.S. regional bank, First Bancorp generates revenue primarily from net interest income-the spread between yields earned on loans and rates paid on deposits-supplemented by noninterest income from service fees, mortgage banking, and wealth/insurance product sales. Regional banks like FBNC typically operate within defined geographic footprints, funding local lending with locally raised deposits, which ties their performance closely to the economic conditions of their operating markets in the Carolinas and surrounding Mid-Atlantic region.
- Commercial real estate loan portfolio under Fed scrutiny
- Net interest margin expansion driven by asset-sensitive balance sheet
- Deposit growth in North Carolina markets supports funding costs
| Net Income: 133.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.13 > 1.0 |
| NWC/Revenue: -2.12k% < 20% (prev -1.48k%; Δ -630.5% < -1%) |
| CFO/TA 0.02 > 3% & CFO 232.5m > Net Income 133.3m |
| Net Debt (-1.98b) to EBITDA (50.3m): -39.26 < 3 |
| Current Ratio: 0.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (41.4m) vs 12m ago -0.22% < -2% |
| Gross Margin: 63.58% > 18% (prev 65.14%; Δ -1.56% > 0.5%) |
| Asset Turnover: 3.34% > 50% (prev 4.32%; Δ -0.98% > 0%) |
| Interest Coverage Ratio: 0.31 > 6 (EBIT TTM 47.6m / Interest Expense TTM 151.5m) |
| A: -0.69 (Total Current Assets 2.11b - Total Current Liabilities 11.2b) / Total Assets 13.0b |
| B: 0.07 (Retained Earnings 907.0m / Total Assets 13.0b) |
| C: 0.00 (EBIT TTM 47.6m / Avg Total Assets 12.8b) |
| D: 0.15 (Book Value of Equity 1.72b / Total Liabilities 11.3b) |
| Altman-Z'' = -4.14 = D |
| DSRI: 1.33 (Receivables 38.3m/36.7m, Revenue 428.0m/544.5m) |
| GMI: 1.02 (GM 65.14% / 63.58%) |
| AQI: 1.07 (AQ_t 0.83 / AQ_t-1 0.77) |
| SGI: 0.79 (Revenue 428.0m / 544.5m) |
| TATA: -0.01 (NI 133.3m - CFO 232.5m) / TA 13.0b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of October 06, 2026, the stock is trading at USD 61.79 with a total of 295,543 shares traded. Over the past week, the price has changed by -1.65%, over one month by -4.14%, over three months by -2.53% and over the past year by +20.98%.
Current recommended Stop Loss: 58.70 (which is 5% or 2.2 ATR below the current price).
First Bancorp has received a consensus analysts rating of 3.60. Therefore, it is recommended to hold FBNC.
- StrongBuy: 1
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 69.4 | 12.3% |
P/E Trailing = 18.9783
P/E Forward = 14.6413
P/S = 6.1596
P/B = 1.5116
P/EG = 1.561
Revenue TTM = 428.0m USD
EBIT TTM = 47.6m USD
EBITDA TTM = 50.3m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 74.7m USD (from shortTermDebt, last quarter)
Debt = 92.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 17.3m
Net Debt = -1.98b USD (calculated: Debt 92.1m - CCE 2.07b)
Enterprise Value = 554.4m USD (2.53b + Debt 92.1m - CCE 2.07b)
Interest Coverage Ratio = 0.31 (Ebit TTM 47.6m / Interest Expense TTM 151.5m)
EV/FCF = 2.44x (Enterprise Value 554.4m / FCF TTM 227.0m)
FCF Yield = 40.94% (FCF TTM 227.0m / Enterprise Value 554.4m)
FCF Margin = 53.03% (FCF TTM 227.0m / Revenue TTM 428.0m)
Net Margin = 31.13% (Net Income TTM 133.3m / Revenue TTM 428.0m)
Gross Margin = 63.58% ((Revenue TTM 428.0m - Cost of Revenue TTM 155.9m) / Revenue TTM)
Gross Margin QoQ = -80.82% (prev 75.66%)
Tobins Q-Ratio = 0.04 (Enterprise Value 554.4m / Total Assets 13.0b)
Interest Expense / Debt = 164.5% (Interest Expense 151.5m / Debt 92.1m)
Taxrate = 19.37% (32.0m / 165.3m)
NOPAT = 38.4m (EBIT 47.6m * (1 - 19.37%))
Current Ratio = 0.19 (Total Current Assets 2.11b / Total Current Liabilities 11.2b)
Debt / Equity = 0.05 (Debt 92.1m / totalStockholderEquity, last quarter 1.72b)
Debt / EBITDA = -39.26 (Net Debt -1.98b / EBITDA 50.3m)
Debt / FCF = -8.70 (Net Debt -1.98b / FCF TTM 227.0m)
Total Stockholder Equity = 1.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 133.3m / Total Assets 13.0b)
RoE = 8.01% (Net Income TTM 133.3m / Total Stockholder Equity 1.66b)
RoCE = 2.86% (EBIT 47.6m / Capital Employed (Equity 1.66b + L.T.Debt 0.0))
RoIC = 1.98% (NOPAT 38.4m / Invested Capital 1.94b)
WACC = 8.38% (E(2.53b)/V(2.62b) * Re(8.68%) + (debt cost/tax rate unavailable))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.84 | Cagr: 0.11%
[DCF] Terminal Value 76.78% ; FCFF base≈217.3m ; Y1≈239.6m ; Y5≈306.0m
[DCF] Fair Price = 160.0 (EV 4.65b - Net Debt -1.98b = Equity 6.63b / Shares 41.4m; r=8.38% [WACC]; 5y FCF grow 11.86% → 2.50% )
EPS Correlation: 71.62 | EPS CAGR: 14.88% | SUE: 1.32 | # QB: 1
Revenue Correlation: -35.89 | Revenue CAGR: -2.84% | SUE: -2.62 | # QB: -1
EPS current Quarter (2026-09-30): EPS=1.18 | Chg30d=+0.00% | Revisions=+0% | Analysts=5
EPS current Year (2026-12-31): EPS=4.72 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+17.8% | GrowthRev=+11.7%
EPS next Year (2027-12-31): EPS=5.05 | Chg30d=+0.00% | Revisions=+50% | GrowthEPS=+7.0% | GrowthRev=+12.4%
[Analyst] Revisions Ratio: +50% (up=6, down=1)