FBNC Stock Analysis: First Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 2.645m USD | 12M Return: 37.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.2M
EPS Trend: 34.1%
Qual. Beats: 0
Rev. Trend: 54.6%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 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 (FBNC) is a U.S. regional bank holding company that operates through its subsidiary First Bank, headquartered in Southern Pines, North Carolina. Founded in 1934, the company provides a full range of community banking products and services to both individuals and businesses, including deposit accounts (checking, savings, money market, and time deposits such as CDs and IRAs) and a broad lending portfolio covering commercial loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, consumer loans, and specialized business financing such as accounts receivable, inventory, and purchase order financing. Beyond core banking, First Bank offers credit and debit cards, safe deposit boxes, wire and electronic funds transfer services, internet and mobile banking, mobile check deposit, cash management, and remote deposit capture. The company also generates fee-based income through investment and insurance products, including mutual funds, annuities, long-term care, life, and property and casualty insurance, retirement plans, and financial planning services. As a mid-cap regional bank with a traditional deposit-funded lending model, FBNC combines interest income from loans with noninterest income from treasury management, digital banking, and insurance and wealth services to diversify its revenue streams.
- Net interest margin compresses as Fed cuts rates pressure asset yields
- Commercial real estate loan growth drives earning asset expansion
- Deposit costs rise as competition for funding intensifies in Carolinas
| Net Income: 121.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.16 > 1.0 |
| NWC/Revenue: -1.31k% < 20% (prev -1.49k%; Δ 184.7% < -1%) |
| CFO/TA 0.02 > 3% & CFO 211.7m > Net Income 121.3m |
| Net Debt (-1.67b) to EBITDA (166.3m): -10.02 < 3 |
| Current Ratio: 0.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (41.4m) vs 12m ago -0.14% < -2% |
| Gross Margin: 71.28% > 18% (prev 63.64%; Δ 7.64% > 0.5%) |
| Asset Turnover: 4.38% > 50% (prev 4.33%; Δ 0.05% > 0%) |
| Interest Coverage Ratio: 1.01 > 6 (EBIT TTM 156.4m / Interest Expense TTM 154.5m) |
| A: -0.56 (Total Current Assets 2.15b - Total Current Liabilities 9.42b) / Total Assets 12.9b |
| B: 0.07 (Retained Earnings 866.4m / Total Assets 12.9b) |
| C: 0.01 (EBIT TTM 156.4m / Avg Total Assets 12.7b) |
| D: 0.15 (Book Value of Equity 1.68b / Total Liabilities 11.3b) |
| Altman-Z'' = -3.23 = D |
| DSRI: 1.02 (Receivables 37.3m/35.5m, Revenue 556.3m/538.4m) |
| GMI: 0.89 (GM 63.64% / 71.28%) |
| AQI: 1.07 (AQ_t 0.82 / AQ_t-1 0.77) |
| SGI: 1.03 (Revenue 556.3m / 538.4m) |
| TATA: -0.01 (NI 121.3m - CFO 211.7m) / TA 12.9b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 63.16 with a total of 131,604 shares traded. Over the past week, the price has changed by -1.02%, over one month by +7.67%, over three months by +13.72% and over the past year by +37.79%.
Current recommended Stop Loss: 61.10 (which is 3.3% or 1.3 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 | 66.4 | 5.1% |
P/E Trailing = 21.8191
P/E Forward = 14.6413
P/S = 6.7249
P/B = 1.5761
P/EG = 1.561
Revenue TTM = 556.3m USD
EBIT TTM = 156.4m USD
EBITDA TTM = 166.3m USD
Long Term Debt = 88.0m USD (estimated: total debt 89.2m - short term 1.25m)
Short Term Debt = 1.25m USD (from shortTermDebt, last quarter)
Debt = 106.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 17.3m
Net Debt = -1.67b USD (calculated: Debt 106.6m - CCE 1.77b)
Enterprise Value = 979.5m USD (2.65b + Debt 106.6m - CCE 1.77b)
Interest Coverage Ratio = 1.01 (Ebit TTM 156.4m / Interest Expense TTM 154.5m)
EV/FCF = 7.34x (Enterprise Value 979.5m / FCF TTM 133.5m)
FCF Yield = 13.63% (FCF TTM 133.5m / Enterprise Value 979.5m)
FCF Margin = 23.99% (FCF TTM 133.5m / Revenue TTM 556.3m)
Net Margin = 21.81% (Net Income TTM 121.3m / Revenue TTM 556.3m)
Gross Margin = 71.28% ((Revenue TTM 556.3m - Cost of Revenue TTM 159.8m) / Revenue TTM)
Gross Margin QoQ = 75.66% (prev 69.15%)
Tobins Q-Ratio = 0.08 (Enterprise Value 979.5m / Total Assets 12.9b)
Interest Expense / Debt = 144.9% (Interest Expense 154.5m / Debt 106.6m)
Taxrate = 20.05% (30.4m / 151.7m)
NOPAT = 125.1m (EBIT 156.4m * (1 - 20.05%))
Current Ratio = 0.23 (Total Current Assets 2.15b / Total Current Liabilities 9.43b)
Debt / Equity = 0.06 (Debt 106.6m / totalStockholderEquity, last quarter 1.68b)
Debt / EBITDA = -10.02 (Net Debt -1.67b / EBITDA 166.3m)
Debt / FCF = -12.48 (Net Debt -1.67b / FCF TTM 133.5m)
Total Stockholder Equity = 1.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.96% (Net Income 121.3m / Total Assets 12.9b)
RoE = 7.47% (Net Income TTM 121.3m / Total Stockholder Equity 1.62b)
RoCE = 9.14% (EBIT 156.4m / Capital Employed (Equity 1.62b + L.T.Debt 88.0m))
RoIC = 0.97% (NOPAT 125.1m / Invested Capital 12.9b)
WACC = 8.39% (E(2.65b)/V(2.75b) * Re(8.73%) + (debt cost/tax rate unavailable))
Discount Rate = 8.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 0.15%
[DCF] Terminal Value 77.84% ; FCFF base≈123.5m ; Y1≈141.6m ; Y5≈208.3m
[DCF] Fair Price = 115.5 (EV 3.11b - Net Debt -1.67b = Equity 4.78b / Shares 41.4m; r=8.39% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 34.11 | EPS CAGR: 5.82% | SUE: 0.67 | # QB: 0
Revenue Correlation: 54.63 | Revenue CAGR: 2.66% | SUE: 0.87 | # QB: 2
EPS current Quarter (2026-06-30): EPS=1.14 | Chg30d=-0.95% | Revisions=+50% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.18 | Chg30d=-0.84% | Revisions=+17% | Analysts=5
EPS current Year (2026-12-31): EPS=4.66 | Chg30d=-0.72% | Revisions=+57% | GrowthEPS=+16.1% | GrowthRev=+11.3%
EPS next Year (2027-12-31): EPS=4.98 | Chg30d=-1.89% | Revisions=+57% | GrowthEPS=+7.0% | GrowthRev=+6.8%
[Analyst] Revisions Ratio: +71% (up=13, down=1)