FBNC icon

First Bancorp

40.70 USD
+2.05
5.30%
Updated Apr 24, 11:53 AM EDT
1 day
5.30%
5 days
11.02%
1 month
-1.95%
3 months
-7.37%
6 months
-2.09%
Year to date
-5.35%
1 year
17.97%
5 years
76.27%
10 years
139.55%
 

About: First Bancorp is a bank holding company. The company is engaged in providing commercial and consumer banking services, mortgage lending, SBA lending, accounts receivable financing and investment advisory services.

Employees: 1,396

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

33% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 54

11% more capital invested

Capital invested by funds: $1.15B [Q3] → $1.27B (+$123M) [Q4]

3.28% more ownership

Funds ownership: 66.68% [Q3] → 69.96% (+3.28%) [Q4]

7% less funds holding

Funds holding: 204 [Q3] → 190 (-14) [Q4]

52% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 21

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$48
18%
upside
Avg. target
$48
18%
upside
High target
$48
18%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Stephens & Co.
Russell Gunther
17% 1-year accuracy
5 / 30 met price target
18%upside
$48
Overweight
Initiated
26 Mar 2025

Financial journalist opinion

Based on 4 articles about FBNC published over the past 30 days

Positive
Zacks Investment Research
16 hours ago
First Bancorp (FBNC) Tops Q1 Earnings and Revenue Estimates
First Bancorp (FBNC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.61 per share a year ago.
First Bancorp (FBNC) Tops Q1 Earnings and Revenue Estimates
Neutral
PRNewsWire
19 hours ago
First Bancorp Reports First Quarter Results
SOUTHERN PINES, N.C. , April 23, 2025 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, reported unaudited first quarter earnings today.
First Bancorp Reports First Quarter Results
Positive
Seeking Alpha
1 day ago
First BanCorp: No Upgrade Ahead Of Earnings
First BanCorp is a high-quality business with strong fundamentals, but its valuation is high, making it a 'hold' despite attractive earnings multiples. The company's net interest income grew in 2024, but non-interest income and net profits declined due to increased costs and one-time gains in 2023. First BanCorp's balance sheet has strengthened with increased deposits, loans, and cash, but its securities value fell, and debt decreased slightly.
First BanCorp: No Upgrade Ahead Of Earnings
Negative
Seeking Alpha
4 days ago
First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In
I'm expecting loan growth to decelerate this year, as a possible recession in the mainland United States can hurt the tourism industry in Puerto Rico. Low-yielding securities are set to mature this year, which will provide First BanCorp a good opportunity to reinvest in higher-yielding assets, thereby raising the margin. I'm raising my provision expense estimate and, therefore, reducing my earnings estimate for 2025.
First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In
Neutral
PRNewsWire
1 month ago
First Bancorp Announces Cash Dividend
SOUTHERN PINES, N.C. , March 14, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on April 25, 2025 to shareholders of record as of March 31, 2025.
First Bancorp Announces Cash Dividend
Positive
Seeking Alpha
1 month ago
The First Bancorp: 5.6% Dividend Yield And A Positive Earnings Outlook
The net interest margin will likely continue to expand as certificates of deposits mature. The outlook on residential loans isn't as bright as before. I'm expecting total loan growth to slow down this year. I'm raising my EPS estimate for 2025 to $2.71 as I've increased my margin estimate following the last half-year's surprise.
The First Bancorp: 5.6% Dividend Yield And A Positive Earnings Outlook
Positive
Zacks Investment Research
2 months ago
Best Momentum Stocks to Buy for February 11th
FBNC and EZPW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 11, 2025.
Best Momentum Stocks to Buy for February 11th
Positive
Zacks Investment Research
2 months ago
New Strong Buy Stocks for February 11th
FULT, FBNC, DAN, PCRX and OMVKY have been added to the Zacks Rank #1 (Strong Buy) List on February 11, 2025.
New Strong Buy Stocks for February 11th
Neutral
PRNewsWire
2 months ago
First Bank Appoints New Chief Executive Officer
SOUTHERN PINES, N.C. , Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank (the "Bank"), today announced the promotion of G.
First Bank Appoints New Chief Executive Officer
Positive
Zacks Investment Research
2 months ago
First Bancorp (FBNC) Upgraded to Buy: What Does It Mean for the Stock?
First Bancorp (FBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
First Bancorp (FBNC) Upgraded to Buy: What Does It Mean for the Stock?
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