FBNCNasdaqState Commercial BanksFiscal year ends December 31
FIRST BANCORP /NC/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$60.15−0.21 (-0.35%)
Close on Oct 19, 2026
- Market cap
- $2.49B
- P/E (TTM)
- 18.7
- Dividend yield
- 1.51%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
164.2%+137.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.6% | +57.1% | -25.7% | -6.9% | |
| Net income | +45.7% | -8.9% | +6.4% | +15.2% | |
| EPS, diluted | +45.7% | -13.4% | -0.9% | +7.5% | |
| Free cash flow | +15.5% | -4.1% | +34.0% | +20.1% | |
| Dividend per share | +3.4% | +1.1% | +4.8% | +11.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.7% | 9.3% | 7.2% | |
| Return on assets | 0.8% | 1.2% | 0.9% | |
| Capex to revenue | 5.8% | 4.1% | 6.3% | |
| Diluted shares | 21M | 29M | 41M |
Where the cash went
Fiscal 2021 to 2025, five years combined
First Bancorp generated $882.30M from operations and spent $192.40M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$882.30M
Used
$192.40M
Capital expenditure$26.01M14%Dividends$161.36M84%Share buybacks$5.03M3%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin164.2%
×Asset turnover0.01×
×Equity multiplier8.01×
=Return on equity, FY20257.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 164.2% | 0.01× | 8.01× | 7.2% |
| FY2024 | 108.7% | 0.01× | 8.61× | 5.4% |
| FY2023 | 317.3% | 0.00× | 9.46× | 8.7% |
| FY2022 | 842.1% | 0.00× | 9.34× | 13.0% |
| FY2021 | 377.7% | 0.00× | 8.38× | 9.0% |
| FY2020 | 27.2% | 0.04× | 7.69× | 9.3% |
| FY2019 | 33.4% | 0.05× | 7.43× | 11.4% |
| FY2018 | 33.5% | 0.05× | 7.83× | 12.3% |
| FY2017 | 21.5% | 0.05× | 8.63× | 8.7% |
| FY2016 | 18.5% | 0.04× | 9.82× | 7.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$111.05M
- Cash generatingOperating cash flow above zero$203.13M
- Return on assets improvedROA up on the prior year0.6% → 0.9%
- Earnings backed by cashOperating cash flow above net income$203.13M vs $111.05M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise41M → 41M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.01 → 0.01