First Bancorp Revenue vs. Cash And Equivalents

FBNC Stock  USD 47.30  0.56  1.17%   
Considering First Bancorp's profitability and operating efficiency indicators, First Bancorp's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess First Bancorp's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1991-03-31
Previous Quarter
143.4 M
Current Value
96.7 M
Quarterly Volatility
32.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, First Bancorp's Operating Cash Flow Sales Ratio is projected to increase slightly based on the last few years of reporting. At present, First Bancorp's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 29.2 M, whereas Accumulated Other Comprehensive Income is projected to grow to (292.6 M).
For First Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Bancorp over time as well as its relative position and ranking within its peers.
  
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For information on how to trade First Stock refer to our How to Trade First Stock guide.
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.

First Bancorp Cash And Equivalents vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Bancorp's current stock value. Our valuation model uses many indicators to compare First Bancorp value to that of its competitors to determine the firm's financial worth.
First Bancorp is rated # 2 in revenue category among its peers. It is rated # 3 in cash and equivalents category among its peers creating about  0.49  of Cash And Equivalents per Revenue. The ratio of Revenue to Cash And Equivalents for First Bancorp is roughly  2.03 . At present, First Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Bancorp's earnings, one of the primary drivers of an investment's value.

First Revenue vs. Competition

First Bancorp is rated # 2 in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 2.69 Billion. First Bancorp totals roughly 546.25 Million in revenue claiming about 20% of equities under Financials industry.

First Cash And Equivalents vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

First Bancorp

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
546.25 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

First Bancorp

Cash

 = 

Bank Deposits

+

Liquidities

 = 
269.52 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

First Cash And Equivalents Comparison

First Bancorp is currently under evaluation in cash and equivalents category among its peers.

First Bancorp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of First Bancorp's change in net profit over the period of time. It can combine multiple indicators of First Bancorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-308 M-292.6 M
Operating Income145.7 M152.9 M
Net Income104.1 M109.3 M
Income Tax Expense27.8 M29.2 M
Income Before Tax132 M138.6 M
Total Other Income Expense Net-13.7 M-14.4 M
Net Income Applicable To Common Shares168.1 M176.5 M
Net Income From Continuing Ops104.1 M63.1 M
Net Interest Income346.7 M240.5 M
Interest Income488.8 M273.7 M
Change To Netincome62 M38.2 M
Net Income Per Share 2.56  2.68 
Income Quality 1.26  1.80 
Net Income Per E B T 0.79  0.54 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Bancorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Bancorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Bancorp's important profitability drivers and their relationship over time.

Use First Bancorp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.

First Bancorp Pair Trading

First Bancorp Pair Trading Analysis

The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your First Bancorp position

In addition to having First Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Recreation
Recreation Theme
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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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:
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For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project First Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Bancorp's income statement, its balance sheet, and the statement of cash flows.
Potential First Bancorp investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Bancorp investors may work on each financial statement separately, they are all related. The changes in First Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.