FBNC Stock Analysis: First Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 2.618m USD | 12M Return: 23.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 17.3M
EPS Trend: 71.6%
Qual. Beats: 1
Rev. Trend: -35.9%
Qual. Beats: -1
Warnings
Tailwinds
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: 133.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.37 > 1.0 |
| NWC/Revenue: -2.12k% < 20% (prev -1.48k%; Δ -630.5% < -1%) |
| CFO/TA 0.02 > 3% & CFO 211.7m > 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 211.7m) / TA 13.0b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 62.58 with a total of 262,023 shares traded. Over the past week, the price has changed by -2.30%, over one month by -1.93%, over three months by +5.24% and over the past year by +23.23%.
Current recommended Stop Loss: 60.70 (which is 3% or 1.2 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 | 68.6 | 9.5% |
P/E Trailing = 21.5939
P/E Forward = 14.6413
P/S = 6.6555
P/B = 1.5375
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 = 642.4m USD (2.62b + Debt 92.1m - CCE 2.07b)
Interest Coverage Ratio = 0.31 (Ebit TTM 47.6m / Interest Expense TTM 151.5m)
EV/FCF = 3.12x (Enterprise Value 642.4m / FCF TTM 205.8m)
FCF Yield = 32.04% (FCF TTM 205.8m / Enterprise Value 642.4m)
FCF Margin = 48.10% (FCF TTM 205.8m / 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 = 0.05 (Enterprise Value 642.4m / 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 = -9.60 (Net Debt -1.98b / FCF TTM 205.8m)
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 = 8.69% (E(2.62b)/V(2.71b) * Re(9.0%) + (debt cost/tax rate unavailable))
Discount Rate = 9.0% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.84 | Cagr: 0.11%
[DCF] Terminal Value 71.81% ; FCFF base≈222.0m ; Y1≈194.7m ; Y5≈157.3m
[DCF] Fair Price = 105.5 (EV 2.39b - Net Debt -1.98b = Equity 4.36b / Shares 41.4m; r=8.69% [WACC]; 5y FCF grow -15.0% → 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=1.19 | Chg30d=+0.57% | Revisions=+17% | Analysts=3
EPS current Year (2026-12-31): EPS=4.66 | Chg30d=-0.02% | Revisions=+57% | GrowthEPS=+16.1% | GrowthRev=+11.7%
EPS next Year (2027-12-31): EPS=4.93 | Chg30d=-1.02% | Revisions=+57% | GrowthEPS=+6.0% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: +64% (up=10, down=1)