FBNC · First Bancorp /Nc/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.63M | - | $1.60M | $2.00M | $1.80M | - | - | - | $2.02M | - |
| Operating Income | $58.99M | - | $25.96M | $49.82M | $46.78M | - | $22.57M | $36.88M | $31.78M | - |
| Interest Expense | - | - | - | - | - | - | - | $47.71M | $47.34M | - |
| Income Tax | $12.33M | - | $5.59M | $11.26M | $10.37M | - | $3.89M | $8.17M | $6.51M | - |
| Net Income | $46.66M | - | $20.36M | $38.57M | $36.41M | - | $18.68M | $28.71M | $25.27M | - |
| EPS - Basic | $1.13 | - | $0.49 | $0.93 | $0.88 | - | $0.45 | $0.70 | $0.61 | - |
| EPS - Diluted | $1.13 | - | $0.49 | $0.93 | $0.88 | - | $0.45 | $0.70 | $0.61 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $597.99M | $309.60M | $597.98M | $711.29M | $772.44M | $507.51M | $744.44M | $608.41M | $353.84M | $237.85M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $12.95B | $12.67B | $12.75B | $12.61B | $12.44B | $12.15B | $12.15B | $12.06B | $12.09B | $12.11B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $74.64M | $74.57M | $92.42M | $92.24M | $92.06M | $91.88M | $91.69M | $91.51M | $332.33M | $630.16M |
| Total Liabilities | $11.26B | $11.01B | $11.15B | $11.05B | $10.93B | $10.70B | $10.68B | $10.66B | $10.72B | $10.74B |
| Stockholders' Equity | $1.68B | $1.65B | $1.60B | $1.56B | $1.51B | $1.45B | $1.48B | $1.40B | $1.38B | $1.37B |
| Retained Earnings | $866.39M | $829.66M | $823.48M | $812.66M | $783.63M | $756.33M | $761.88M | $752.29M | $732.64M | $716.42M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $61.20M | - | - | - | $52.60M | - | - | - | ($20.09M) | - |
| Investing Cash Flow | ($21.09M) | - | - | - | $8.58M | - | - | - | $171.10M | - |
| Financing Cash Flow | $248.29M | - | - | - | $203.75M | - | - | - | ($35.02M) | - |
| CapEx | $1.88M | - | - | - | $243.0K | - | - | - | $1.64M | - |
| Free Cash Flow | $59.32M | - | - | - | $52.35M | - | - | - | ($21.73M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.27 | - | - | - | 1.44 | - | - | - | -0.86 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 20.9% | - | 21.6% | 22.6% | 22.2% | - | 17.2% | 22.2% | 20.5% | - |
| Return on assets | 0.4% | - | 0.2% | 0.3% | 0.3% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 2.8% | - | 1.3% | 2.5% | 2.4% | - | 1.3% | 2.0% | 1.8% | - |
| Return on invested capital | 2.7% | - | 1.2% | 2.3% | 2.3% | - | 1.2% | 1.9% | 1.5% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.04 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.24 | 0.46 |
| Debt / Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.05 |
| Debt / EBITDA | 1.23 | - | 3.35 | 1.78 | 1.90 | - | - | - | 9.83 | - |
| Interest coverage | - | - | - | - | - | - | - | 0.8x | 0.7x | - |
| Equity multiplier | 7.69 | 7.66 | 7.95 | 8.10 | 8.25 | 8.40 | 8.23 | 8.59 | 8.79 | 8.83 |
| Liabilities / Assets | 0.87 | 0.87 | 0.87 | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | 0.89 | 0.89 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 49.9x | - | 107.9x | 47.4x | 45.6x | - | 92.4x | 45.6x | 59.2x | - |
| P / B | 1.4x | - | 1.4x | 1.2x | 1.1x | - | 1.2x | 0.9x | 1.1x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 29.9x | - | 61.3x | 23.3x | 20.2x | - | - | - | 43.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 26.1% | - | 15.0% | 35.1% | 47.2% | - | -40.1% | -1.0% | 64.3% | - |
| Net income growth (YoY) | 28.2% | - | 9.0% | 34.3% | 44.1% | - | -37.5% | -2.4% | 66.7% | - |
| EPS growth (YoY) | 28.4% | - | 8.9% | 32.9% | 44.3% | - | -38.4% | -1.4% | 64.9% | - |
| EPS CAGR (3y) | 45.1% | - | -22.7% | -3.3% | -2.5% | - | -22.6% | -12.1% | -14.9% | - |
| EPS CAGR (5y) | 2.7% | - | -9.6% | 10.7% | 7.3% | - | -11.7% | -2.6% | -4.0% | - |
| FCF growth (YoY) | 13.3% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | 17.8% | - | - | - | 33.5% | - | - | - | - | - |
| Book value growth (YoY) | 11.6% | 14.4% | 8.5% | 10.8% | 9.6% | 5.3% | 17.5% | 8.2% | 5.9% | 33.0% |
Peer comparison
Same SIC group: State Commercial Banks
Comparing FIRST BANCORP /NC/ against the 5 most active filers in the same SIC group.
Dividends
$0.93/share trailing 12 months · +5.7% YoY
| Ex-date | Per share |
|---|---|
| Mar 31, 2026 | $0.2400 |
| Dec 31, 2025 | $0.2300 |
| Sep 30, 2025 | $0.2300 |
| Jun 30, 2025 | $0.2300 |
| Mar 31, 2025 | $0.2200 |
| Dec 31, 2024 | $0.2200 |
| Sep 30, 2024 | $0.2200 |
| Jun 28, 2024 | $0.2200 |
| Mar 27, 2024 | $0.2200 |
| Dec 28, 2023 | $0.2200 |
| Sep 28, 2023 | $0.2200 |
| Jun 29, 2023 | $0.2200 |
| Mar 30, 2023 | $0.2200 |
| Dec 29, 2022 | $0.2200 |
| Sep 29, 2022 | $0.2200 |
| Jun 29, 2022 | $0.2200 |
| Mar 30, 2022 | $0.2200 |
| Dec 30, 2021 | $0.2000 |
| Sep 29, 2021 | $0.2000 |
| Jun 29, 2021 | $0.2000 |
| Mar 30, 2021 | $0.2000 |
| Dec 30, 2020 | $0.1800 |
| Sep 29, 2020 | $0.1800 |
| Jun 29, 2020 | $0.1800 |