Richard Moore - First Bancorp CEO

FBNC Stock  USD 48.12  1.43  3.06%   

CEO

Mr. Richard H. Moore is an President, Chief Executive Officer, Director of First Bancorp. He was named as President and Chief Executive Officer of the Company in June 2012. Prior to joining the Company, he served as a managing director of San Diegobased Relational Investors LLC. Prior to joining Relational Investors, Mr. Moore served two terms as State Treasurer of North Carolina and served for four years as the Secretary of Crime Control and Public Safety. Mr. Moore also previously served as Chair of the North Carolina State Banking Commission for eight years. Mr. Moore serves on numerous New York Stock Exchange boards and committees and is the past chair of the NYSE Regulation Board of Directors. Mr. Moore was previously an Assistant U.S. Attorney and also practiced corporate, real estate and tax law for many years. Mr. Moore is a former trustee of Wake Forest University and served on its Investment Committee since 2012.
Age 63
Tenure 12 years
Address 300 SW Broad Street, Southern Pines, NC, United States, 28387
Phone910 246 2500
Webhttps://localfirstbank.com
Moore was a director of the Company and First Bank since 2010.

Richard Moore Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Moore against First Bancorp stock is an integral part of due diligence when investing in First Bancorp. Richard Moore insider activity provides valuable insight into whether First Bancorp is net buyers or sellers over its current business cycle. Note, First Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Bancorp Management Efficiency

At present, First Bancorp's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.11, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, First Bancorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 11.4 B, whereas Other Assets are projected to grow to (226 M). First Bancorp's management efficiency ratios could be used to measure how well First Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
First Bancorp currently holds 570.67 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about First Bancorp's use of debt, we should always consider it together with its cash and equity.

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First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1179 people. First Bancorp (FBNC) is traded on NASDAQ Exchange in USA. It is located in 300 SW Broad Street, Southern Pines, NC, United States, 28387 and employs 1,396 people. First Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Bancorp Leadership Team

Elected by the shareholders, the First Bancorp's board of directors comprises two types of representatives: First Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Bancorp's management team and ensure that shareholders' interests are well served. First Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Mayer, President of First Bank and Director of First Bank
Blaise Buczkowski, Executive Finance
Brent Hicks, Executive Officer
Elizabeth Bostian, General VP
Richard Moore, CEO and President Director, Member of Executive and Loan Committee and Director of First Bank
Gregory Currie, President Bank

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
0.88
Earnings Share
2.48
Revenue Per Share
8.862
Quarterly Revenue Growth
(0.17)
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.