First Bancorp (FBNC) Stock

First Bancorp (FBNC) is a Financials stock trading at $64.19 (as of 2026-08-20), with a market capitalization of $2.66B and a trailing P/E of 17.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

First Bancorp is a bank holding company for First Bank, providing banking products and services to individuals and small to medium-sized businesses, primarily in North Carolina and northeastern South Carolina. It offers deposit accounts, consumer and commercial lending, related cash-management and electronic banking services, and investment and insurance products.

Understand First Bancorp: how it makes money

First Bancorp operates the First Bank banking business, taking customer deposits (checking, savings, money market accounts, time deposits like CDs and IRAs) and making loans for consumer and commercial purposes (including business, real estate, personal, home improvement, and automobile loans), then earning money through its deposit and lending activities.

Because First Bancorp collects deposits and extends a range of loans, its profit model depends on how the return from its loan portfolio compares with the cost and mix of its deposit products, and on whether borrowers repay as expected.

Business quality (Solid): Useful business description, but no official reportable segment revenue breakdown and no operational KPI labels were provided, so investors cannot benchmark drivers beyond the single reported operating margin (41.4%) for 2026-03-31.

Valuation: At 21× earnings, FBNC trades 64% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Operating profitability reported: For 2026-03-31, operating margin is listed as 41.4%.
  • Diversified lending categories within consumer and commercial: The company offers loans for business and multiple consumer purposes, including real estate, personal, home improvement, and automobiles.

Bear case

  • Region concentration: The bank primarily serves North Carolina and northeastern South Carolina, so results may be more sensitive to conditions in those areas.
  • Credit and repayment sensitivity inherent in lending: Because earnings are tied to lending to a range of consumer and commercial borrowers, loan repayment performance can materially affect outcomes.
Valuation — source: SEC EDGAR (first-party)
Price$64.19
Market Cap$2.66B
P/E Ratio17.0
EV / EBITDA10.6
Price / Book1.55
Price / Sales4.65
FCF Yield8.2%
DCF Value (model)$40.26
DCF Upside vs Price-37.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$67.62M
Net Margin164.2%
Revenue Growth (YoY)8.5%
EPS Growth (YoY)31.2%
FCF Growth (YoY)47.6%
Valuation vs Sector & Industry
Stock P/E17.0
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector12.4%
vs Industry31.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($327.82M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEORichard Hancock Moore
Employees1,345
CountryUS
IPO Date1987-04-30

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FBNC earnings history · FBNC institutional & insider holders · FBNC KPIs & operating metrics · FBNC financials · FBNC investor presentations & press releases · FBNC SEC filings · FBNC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.