Saturday 17 October 2026 Export FBNC’s income statement to Excel — free account

First Bancorp

First Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $549.3 million, up 2.26% from fiscal 2024. In the quarter to June 2026, revenue grew 8.82%, EPS grew 31.2%, free cash flow grew 49.9% and total debt fell 19.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

60.36 0.03 +0.05%

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Market cap: $2.5B
P/E: 18.7×
Fwd P/E: 12.6×
Dividend yield: 1.57%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.01

Total sells 4.93

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	1	—
Sell	—	—	2	2	—	—	1	—	—	—	1	—

Insider Ownership 1.15%

Capital & Financial Ratios $m

Market Cap 2,500.00

Revenue 574.61

Net Income 133.25

Free Cash Flow 234.23

Net Debt (475.61)

Current Ratio 0.85

Debt/Equity 0.04

P/E ratio 18.75

Fwd P/E 12.60

P/S ratio 4.33

P/B ratio 1.45

Past 5Y EPS Growth (0.94%)

This Y EPS Growth 70.97%

Next Y EPS Growth 8.16%

Next Y revenue growth (6.55%)

Next 5Y EPS Growth 27.13%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 69.74%

10-year low 10-year high

P/S against its own 10 years 87.69%

10-year low 10-year high

P/B against its own 10 years 76.52%

10-year low 10-year high

Dividends

Payout Ratio 0.30

Annual Dividend Rate 0.95

Annual Dividend Yield 1.57%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.96	0.24 0.24 0.24
2025	0.91	0.22 0.23 0.23 0.23
2024	0.88	0.22 0.22 0.22 0.22
2023	0.88	0.22 0.22 0.22 0.22
2022	0.88	0.22 0.22 0.22 0.22
2021	0.80	0.20 0.20 0.20 0.20
2020	0.72	0.18 0.18 0.18 0.18
2019	0.54	0.12 0.12 0.12 0.18
2018	0.40	0.10 0.10 0.10 0.10
2017	0.32	0.08 0.08 0.08 0.08
2016	0.32	0.08 0.08 0.08 0.08

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	238	508	310	550
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	8,318	8,522	8,955	9,465

	2023	2024	2025	Q'26
Payables	10,032	10,531	10,748	11,085
ST’ Debt	—	—	—	—
Other	—	—	—	—
	10,037	10,535	10,752	11,089

Compound Annual Growth %

	10y	5y	3y
Sales	14.21%	11.48%	10.34%
Cash Flow	18.45%	28.34%	(4.15%)
Earnings	15.37%	6.37%	(8.92%)
Book Value	17.07%	13.11%	17.05%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	158	164	—	—	—
’25	146	151	131	121	549
’24	140	143	145	109	537
’23	131	135	139	141	546
’22	98	98	105	108	409
’21	79	83	77	91	330
’20	76	84	80	79	319

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	61	66	—	—	—
’25	53	46	50	55	203
’24	(20)	88	38	69	175
’23	37	29	28	38	131
’22	100	30	49	51	231
’21	31	50	30	31	142
’20	14	31	(10)	24	58

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	60	65	—	—	—
’25	53	43	53	56	206
’24	(22)	88	39	68	173
’23	36	27	27	38	128
’22	99	29	47	50	226
’21	26	49	28	31	133
’20	13	28	(15)	21	46

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.13	1.22	—	—	—
’25	0.88	0.93	0.49	0.38	2.68
’24	0.61	0.70	0.45	0.08	1.84
’23	0.37	0.71	0.73	0.72	2.53
’22	0.95	1.03	1.06	1.08	4.12
’21	0.99	1.03	0.97	0.30	3.19
’20	0.62	0.56	0.81	0.83	2.81

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	17.15	26.47	30.50	31.22	17.32	32.47	32.90	26.00	29.53	34.50	Analyst estimates 2026–2028 Powerpack
	High	28.49	41.76	43.14	41.34	40.00	50.92	49.00	43.47	50.34	56.45
People
People	Employees	861	1,166	1,098	1,111	1,118	1,234	1,294	1,445	1,396	1,374
	Revenue/emp, $m	0.18	0.19	0.26	0.28	0.29	0.27	0.32	0.38	0.38	0.40
Income, $m
Income, $m	Revenue	157	227	290	310	319	330	409	546	537	549
	Gross margin, %	95.14	94.41	91.81	89.05	93.87	97.11	96.06	73.99	65.19	71.06
	EBT	42	68	113	116	103	120	185	132	98	140
	EBT margin, %	26.92	29.89	39.11	37.55	32.33	36.51	45.29	24.16	18.27	25.40
	Net income	28	46	89	92	81	96	147	104	76	111
	Depreciation	9	12	15	17	19	26	27	31	27	22
Per share, $
Per share, $	Revenue	7.84	8.99	9.81	10.48	11.06	11.03	11.52	13.41	13.09	13.33
	Earnings	1.37	1.82	3.02	3.11	2.81	3.19	4.12	2.53	1.85	2.68
	Cash flow	2.07	1.06	1.57	1.73	2.02	4.76	6.50	3.22	4.26	4.93
	Capex	(0.33)	(0.18)	(0.27)	(0.06)	(0.42)	(0.30)	(0.14)	(0.08)	(0.03)	0.07
	Free cash flow	1.73	0.89	1.30	1.68	1.60	4.46	6.36	3.14	4.23	5.00
	Book value	18.44	27.49	25.85	28.85	30.98	41.19	29.07	33.68	35.24	40.15
	Shares, m	20	25	30	30	29	30	35	41	41	41
Valuation, ×
Valuation, ×	P/E	19.85	19.82	10.81	12.87	12.00	13.90	10.18	14.70	23.77	18.95
	P/S	3.44	3.97	3.33	3.81	3.06	4.15	3.64	2.77	3.36	3.81
	P/B	1.46	1.30	1.26	1.38	1.09	1.11	1.44	1.10	1.25	1.26
	EV/Sales	3.22	3.61	3.13	4.03	2.10	2.95	3.68	3.49	2.58	3.38
	EV/FCF	14.58	36.61	23.66	25.22	14.52	7.30	6.67	14.91	8.00	9.01
Cash, $m
Cash, $m	Operating cash flow	41	27	46	51	58	142	231	131	175	203
	Capex	(7)	(5)	(8)	(2)	(12)	(9)	(5)	(3)	(1)	3
	Free cash flow	35	22	38	50	46	133	226	128	173	206
Balance, $m
Balance, $m	Working capital	56	127	50	(234)	(1,160)	(2,555)	(2,355)	(1,719)	(2,013)	(1,797)
	Total debt	271	408	407	301	62	67	288	630	92	75
	Net debt	(35)	(82)	(56)	69	(305)	(394)	17	392	(416)	(235)
	Shareholders’ equity	368	693	764	852	893	1,231	1,032	1,372	1,446	1,654
Returns, %
Returns, %	ROA	0.78	1.00	1.56	1.53	1.21	1.07	1.38	0.91	0.63	0.89
	ROIC	8.16	7.81	10.23	7.90	10.96	10.24	11.34	5.16	5.95	6.14
	ROE	7.78	8.67	12.25	11.33	9.29	8.96	12.92	8.61	5.38	7.12

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NBTB NBT Bancorp Inc.	$2.6B	12.4×	11.1×	+4.89% (above 0%: growing)	+126.67% (above 0%: growing)	+37.10% (above 0%: growing)	79.28%	0.00%	Compare
TRMK Trustmark Corporation	$2.6B	11.4×	11.3×	+0.97% (above 0%: growing)	+18.48% (above 0%: growing)	+48.33% (above 0%: growing)	74.36%	0.00%	Compare
CUBI Customers Bancorp, Inc	$2.5B	8.8×	8.7×	+5.90% (above 0%: growing)	+19.77% (above 0%: growing)	−34.56% (below 0%: shrinking)	60.05%	0.00%	Compare
FBNC First Bancorp	$2.5B	18.7×	12.6×	+8.82% (above 0%: growing)	+31.18% (above 0%: growing)	+49.87% (above 0%: growing)	77.46%	0.00%
FBK FB Financial Corporation	$2.5B	11.4×	11.4×	−1.10% (below 0%: shrinking)	+180.40% (above 0%: growing)	+8.46% (above 0%: growing)	66.94%	0.00%	Compare
FRME First Merchants Corporation	$2.5B	12.7×	10.9×	+14.16% (above 0%: growing)	−28.57% (below 0%: shrinking)	+64.02% (above 0%: growing)	65.81%	0.00%	Compare
BANR Banner Corporation	$2.5B	11.1×	11.1×	+1.33% (above 0%: growing)	+9.92% (above 0%: growing)	−29.43% (below 0%: shrinking)	77.84%	0.00%	Compare
BUSE First Busey Corporation	$2.4B	12.2×	11.2×	−8.06% (below 0%: shrinking)	+30.19% (above 0%: growing)	−15.02% (below 0%: shrinking)	73.20%	0.00%	Compare
SYBT Stock Yards Bancorp, Inc.	$2.4B	15.2×	14.5×	+11.27% (above 0%: growing)	+13.79% (above 0%: growing)	+1.75% (above 0%: growing)	73.89%	0.00%	Compare
Median of peers	$2.5B	11.8×	11.1×	+3.11%	+19.12%	+5.11%	73.54%	0.00%

All 323 Banks Regional stocks →

First Bancorp (FBNC) key facts

Strength: First Bancorp’s revenue for fiscal 2025 (year ended December 2025) was $549.3 million, up 2.26% from fiscal 2024.
Strength: Net income was $111.0 million, or $2.68 per share (basic), a net margin of 20.1%.
First Bancorp (FBNC) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, FBNC traded at $60.36, a market capitalization of $2.5 billion.
At that price the stock trades at 18.7× trailing-twelve-month earnings and 4.3× sales; its P/E is higher than 70% of its own readings over the past ten years.
First Bancorp pays an annual dividend of $0.95 per share, a yield of 1.57%, with a payout ratio of 29.5%.
Return on equity was 7.12% and debt-to-equity 0.04.
Its Piotroski F-score is 7 out of 9 for fiscal 2025.