First Bancorp is First Bank's banking holding company providing banking products and services for individuals and small and medium-sized businesses primarily in North Carolina and northeastern South Carolina. The company is headquartered in Southern Pines, North Carolina.
| Revenue (TTM) | $393.33M |
| Gross Profit (TTM) | $393.33M |
| EBITDA | — |
| Operating Margin | 50.50% |
| Return on Equity | 7.60% |
| Return on Assets | 0.96% |
| Revenue/Share (TTM) | $9.54 |
| Book Value | $40.68 |
| Price-to-Book | 1.57 |
| Price-to-Sales (TTM) | 6.55 |
| EV/Revenue | 6.59 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 28.00% |
| Quarterly Revenue Growth (YoY) | 13.90% |
| Shares Outstanding | $41.38M |
| Float | $40.68M |
| % Insiders | 2.00% |
| % Institutions | 83.57% |
Volatility is currently contracting
First BanCorp is rated Buy for its superior profitability and efficiency despite Puerto Rico's challenging economic environment. FBP outperforms peers in ROA, efficiency ratio, and asset quality, with non-performing loans at 0.67% and high loan loss reserves. Capital returns are robust, with 97% of Q1 2026 earnings returned via dividends and buybacks, though earnings growth remains subdued.
First Bancorp (FBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
SOUTHERN PINES, N.C., April 30, 2026 /PRNewswire/ -- First Bank, a subsidiary of First Bancorp (NASDAQ: FBNC), has appointed Andy Scott as Triangle Regional Executive.
SOUTHERN PINES, N.C., April 28, 2026 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC), the parent company of First Bank (collectively, the "Company"), today announced the appointment of Kate Nevin and Peter Hans to its Board of Directors, effective immediately.
Although the revenue and EPS for First Bancorp (FBNC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Quarter 2026 Financial Data (Dollars in 000s, except per share data) Q1-2026 Q4-2025 Q1-2025 Summary Income Statement Total interest income $ 142,390 $ 143,634 $ 132,624 Total interest expense 35,274 37,435 39,777 Net interest income 107,116 106,199 92,847 Provision for credit losses 3,083 4,732 1,116 Noninterest income 15,178 (22,479) 12,956 Noninterest expenses 60,218 62,043 57,911 Income tax expense 12,334 1,232 10,370 Net income $ 46,659 $ 15,713 $ 36,406 Key Metrics Diluted EPS $ 1.13 $ 0.38 $ 0.88 Adjusted diluted EPS (1) 1.13 1.19 0.88 Book value per share 40.68 39.89 36.46 Tangible book value per share 29.01 28.23 24.69 ROA 1.48 % 0.49 % 1.21 % Adjusted ROA (1) 1.48 % 1.54 % 1.21 % ROCE 11.22 % 3.83 % 10.06 % Adjusted ROCE (1) 11.22 % 12.01 % 10.06 % ROTCE 16.05 % 5.80 % 15.54 % Adjusted ROTCE (1) 16.05 % 17.45 % 15.54 % NIM 3.67 % 3.58 % 3.25 % NIM- T/E 3.69 % 3.60 % 3.27 % Efficiency ratio 49.05 % 73.75 % 54.51 % Quarterly NCO ratio 0.06 % 0.05 % 0.17 % ACL ratio 1.42 % 1.42 % 1.49 % Capital Ratios (2) Tangible common equity to tangible assets 9.63 % 9.61 % 8.55 % Common equity tier I capital ratio 14.11 % 14.10 % 14.52 % Total risk-based capital ratio 16.10 % 16.12 % 16.80 % (1) Q4-2025 adjusted to exclude impact of securities loss of $43.7 million (after tax $33.6 million). See Appendices D, E, F and G.
GREENVILLE, S.C., April 7, 2026 /PRNewswire/ -- First Bank (NASDAQ: FBNC), has appointed Will Aiken as Managing Director, Specialty Businesses, reinforcing its commitment to expanding and strengthening key areas of the Bank's business.
First Bancorp (FBNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
