FIRST BANCORP /NC/ FBNC

Latest FY: 2025 Financial Services Banks - Regional
Market Price $66.33
Market Cap $2.73B
P/E Ratio 24.75
Quick Peer Compare (Financial Services):
Revenue (FY 2025) ↓-3.6% YoY
$67.62M
3-Yr CAGR: -40.7%
Net Income ↑45.7% YoY
$111.05M
Net Margin: 164.2%
Free Cash Flow ↑15.5% YoY
$198.89M
FCF Yield: 7.28%
EPS (Diluted) ↑45.7% YoY
$2.68
Basic: $2.68
Return on Equity Efficiency
6.7%
ROA: 644.4%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (FBNC)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2024: Revenue YoY (+113.7%) is identical to Gross Profit YoY (+113.7%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (-3.6%) is identical to Gross Profit YoY (-3.6%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $123.4M $115.8M $27.5M $1.33 $26.2M $17.5M
FY 2017 $164.7M +33.5% $152.0M $46.0M +67.1% $1.82 +36.8% $26.8M $22.2M +26.6%
FY 2018 $207.4M +25.9% $183.7M $89.3M +94.2% $3.01 +65.4% $46.4M $35.7M +60.9%
FY 2019 $216.2M +4.2% $182.3M $92.0M +3.1% $3.10 +3.0% $51.2M $47.7M +33.7%
FY 2020 $218.1M +0.9% $198.6M $81.5M -11.5% $2.81 -9.4% $57.1M $44.7M -6.3%
FY 2021 $246.4M +13.0% $236.9M $95.6M +17.4% $3.19 +13.5% $138.9M $129.5M +189.6%
FY 2022 $324.9M +31.8% $308.8M $146.9M +53.6% $4.12 +29.2% $230.7M $225.4M +74.0%
FY 2023 $32.8M -89.9% $32.8M $104.1M -29.1% $2.53 -38.6% $131.4M $127.0M -43.7%
FY 2024 $70.1M +113.7% $70.1M $76.2M -26.8% $1.84 -27.3% $174.8M $172.1M +35.6%
FY 2025 $67.6M -3.6% $67.6M $111.0M +45.7% $2.68 +45.7% $203.1M $198.9M +15.5%
$

Valuation

Market Price $66.33
Market Cap $2.73B
Enterprise Value $2.34B
P/E Ratio 24.75
P/B Ratio 1.66
FCF Yield 7.28%
Dividend Yield 1.37%
Shares Outstanding 41,375,400
%

Profitability & Margins

Gross Margin 29.84%
Operating Margin 206.29%
Net Margin 164.22%
Return on Equity (ROE) 6.71%
Return on Assets (ROA) 644.43%
Asset Turnover 3.92x
Revenue 3-Yr CAGR -40.73%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.045
Debt / Assets 4.327
Cash & Equivalents $462.90M
Total Debt $74.57M
Book Value / Share $39.98
💧

Cash Flow Efficiency

Operating Cash Flow $203.13M
Capital Expenditures (CapEx) $4.25M
Free Cash Flow $198.89M
OCF / Revenue 300.39%
FCF / Revenue 294.11%
FCF 3-Yr CAGR -4.08%
🏷️

Per Share Metrics

EPS (Diluted) $2.68
EPS (Basic) $2.68
Dividends / Share $0.91
Book Value / Share $39.98
EPS YoY Growth 45.65%
🏛️

Balance Sheet (FY 2025)

Total Assets $17.23M
Total Liabilities $11.01B
Stockholders' Equity $1.65B
Current Assets N/A
Current Liabilities N/A