First Bancorp Stock Net Income
| FBNC Stock | USD 44.14 0.65 1.49% |
First Bancorp fundamentals help investors to digest information that contributes to First Bancorp's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Bancorp stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 119.8 M | 125.7 M | |
| Net Income Applicable To Common Shares | 168.1 M | 176.5 M | |
| Net Income From Continuing Ops | 119.8 M | 63.1 M | |
| Net Income Per Share | 2.30 | 2.42 | |
| Net Income Per E B T | 0.71 | 0.54 |
First | Net Income |
First Bancorp Company Net Income Analysis
First Bancorp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current First Bancorp Net Income | 104.13 M |
Most of First Bancorp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for First Bancorp is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Bancorp's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
First Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, First Bancorp reported net income of 104.13 M. This is 91.85% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 81.76% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Bancorp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Bancorp could also be used in its relative valuation, which is a method of valuing First Bancorp by comparing valuation metrics of similar companies.First Bancorp is currently under evaluation in net income category among its peers.
First Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Bancorp from analyzing First Bancorp's financial statements. These drivers represent accounts that assess First Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Bancorp's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 975.7M | 1.4B | 1.5B | 1.5B | 1.4B | 1.4B | |
| Enterprise Value | 688.1M | 993.4M | 1.6B | 1.8B | 1.7B | 1.7B |
First Bancorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Bancorp's managers, analysts, and investors.Environmental | Governance | Social |
First Bancorp Institutional Holders
Institutional Holdings refers to the ownership stake in First Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Bancorp's value.| Shares | Jennison Associates Llc | 2024-09-30 | 490.3 K | Rockefeller Capital Management L.p. | 2024-09-30 | 423.5 K | Northern Trust Corp | 2024-09-30 | 415.2 K | Goldman Sachs Group Inc | 2024-09-30 | 380.3 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 365 K | Bank Of New York Mellon Corp | 2024-09-30 | 327.9 K | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 270.9 K | Bank Of America Corp | 2024-09-30 | 204.7 K | Panagora Asset Management Inc | 2024-09-30 | 201.9 K | Blackrock Inc | 2024-09-30 | 6 M | Vanguard Group Inc | 2024-09-30 | 2.8 M |
First Fundamentals
| Return On Equity | 0.0748 | ||||
| Return On Asset | 0.0085 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.19 B | ||||
| Shares Outstanding | 41.34 M | ||||
| Shares Owned By Insiders | 3.68 % | ||||
| Shares Owned By Institutions | 68.50 % | ||||
| Number Of Shares Shorted | 997.92 K | ||||
| Price To Earning | 15.29 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 5.03 X | ||||
| Revenue | 546.25 M | ||||
| Gross Profit | 362.64 M | ||||
| EBITDA | 8 M | ||||
| Net Income | 104.13 M | ||||
| Cash And Equivalents | 269.52 M | ||||
| Cash Per Share | 7.56 X | ||||
| Total Debt | 570.67 M | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 35.74 X | ||||
| Cash Flow From Operations | 131.4 M | ||||
| Short Ratio | 5.38 X | ||||
| Earnings Per Share | 2.52 X | ||||
| Price To Earnings To Growth | 1.54 X | ||||
| Target Price | 51.63 | ||||
| Number Of Employees | 1.4 K | ||||
| Beta | 1.04 | ||||
| Market Capitalization | 1.82 B | ||||
| Total Asset | 12.11 B | ||||
| Retained Earnings | 716.42 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.65 % | ||||
| Net Asset | 12.11 B | ||||
| Last Dividend Paid | 0.88 |
About First Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out First Bancorp Piotroski F Score and First Bancorp Altman Z Score analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 2.52 | Revenue Per Share | 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.