First Bancorp Valuation

FBNC Stock  USD 60.85  0.91  1.47%   
At this time, the firm appears to be undervalued. First Bancorp shows a prevailing Real Value of $67.23 per share. The current price of the firm is $60.85. Our model computes the value of First Bancorp from reviewing the firm fundamentals such as Current Valuation of 2.29 B, shares outstanding of 41.47 M, and Profit Margin of 0.29 % as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting First Bancorp's valuation include:
Price Book
1.5477
Enterprise Value
2.3 B
Price Sales
6.6609
Forward PE
14.6413
Trailing PE
23.0492
Undervalued
Today
60.85
Please note that First Bancorp's price fluctuation is very steady at this time. Calculation of the real value of First Bancorp is based on 3 months time horizon. Increasing First Bancorp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since First Bancorp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Stock. However, First Bancorp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  60.85 Real  67.23 Target  66.0 Hype  60.99
The real value of First Stock, also known as its intrinsic value, is the underlying worth of First Bancorp Company, which is reflected in its stock price. It is based on First Bancorp's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of First Bancorp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
67.23
Real Value
68.99
Upside
Estimating the potential upside or downside of First Bancorp helps investors to forecast how First stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Bancorp more accurately as focusing exclusively on First Bancorp's fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
1.081.091.09
Details
Hype
Prediction
LowEstimatedHigh
59.2360.9962.75
Details
5 Analysts
Consensus
LowTarget PriceHigh
60.0666.0073.26
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use First Bancorp's intrinsic value based on its ongoing forecasts of First Bancorp's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against First Bancorp's closest peers. If more than one evaluation category is relevant for First Bancorp we suggest using both methods to arrive at a better estimate.

First Bancorp Cash

197.73 Million

First Bancorp Total Value Analysis

First Bancorp is currently estimated to have valuation of 2.29 B with market capitalization of 2.52 B, debt of 74.57 M, and cash on hands of 269.52 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the First Bancorp fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
2.29 B
2.52 B
74.57 M
269.52 M

First Bancorp Investor Information

About 80.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.55. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Bancorp has Price/Earnings To Growth (PEG) ratio of 1.54. The entity last dividend was issued on the 31st of March 2026. The firm had 3:2 split on the 16th of November 2004. Based on the analysis of First Bancorp's profitability, liquidity, and operating efficiency, First Bancorp is performing exceptionally good at this time. It has a great probability to report excellent financial results in March.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Cash From Operating Activities211 M201 M
Sufficiently Up
Slightly volatile

First Bancorp Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of First indicates not a very effective usage of assets in February.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

First Bancorp Profitability Analysis

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.
 
Net Income  
First Reported
1985-09-30
Previous Quarter
20.4 M
Current Value
15.7 M
Quarterly Volatility
10.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
The current year's Gross Profit is expected to grow to about 399.8 M, whereas Pretax Profit Margin is forecasted to decline to 0.19.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.560.7011
Significantly Down
Very volatile
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.

First Bancorp Earnings per Share Projection vs Actual

The next projected EPS of First Bancorp is estimated to be 1.09 with future projections ranging from a low of 1.08 to a high of 1.09. First Bancorp's most recent 12-month trailing earnings per share (EPS TTM) is at 2.64. Please be aware that the consensus of earnings estimates for First Bancorp is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
First Bancorp is projected to generate 1.09 in earnings per share on the 31st of March 2026. First Bancorp earnings estimates show analyst consensus about projected First Bancorp EPS (Earning Per Share). It derives the highest and the lowest estimates based on First Bancorp's historical volatility. Many public companies, such as First Bancorp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

First Bancorp Earnings Estimation Breakdown

The calculation of First Bancorp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of First Bancorp is estimated to be 1.09 with the future projection ranging from a low of 1.08 to a high of 1.09. Please be aware that this consensus of annual earnings estimates for First Bancorp is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.19
1.08
Lowest
Expected EPS
1.09
1.09
Highest

First Bancorp Earnings Projection Consensus

Suppose the current estimates of First Bancorp's value are higher than the current market price of the First Bancorp stock. In this case, investors may conclude that First Bancorp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and First Bancorp's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
494.18%
1.19
1.09
2.64

First Bancorp Ownership Allocation

First Bancorp holds a total of 41.47 Million outstanding shares. The majority of First Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Bancorp. Please pay attention to any change in the institutional holdings of First Bancorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

First Bancorp Profitability Analysis

The company reported the previous year's revenue of 543.12 M. Net Income was 76.22 M with profit before overhead, payroll, taxes, and interest of 378.81 M.

First Bancorp Past Distributions to stockholders

Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates First Bancorp's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in First Bancorp and how it compares across the competition.

About First Bancorp Valuation

The stock valuation mechanism determines First Bancorp's current worth on a weekly basis. Our valuation model uses a comparative analysis of First Bancorp. We calculate exposure to First Bancorp's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Bancorp's related companies.
Last ReportedProjected for Next Year
Gross Profit380.8 M399.8 M
Pretax Profit Margin 0.26  0.19 
Operating Profit Margin 0.27  0.19 
Net Profit Margin 0.20  0.14 
Gross Profit Margin 0.70  0.56 

First Bancorp Quarterly Retained Earnings

829.66 Million

First Bancorp's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether First Bancorp's value is low or high relative to the company's performance and growth projections. Determining the market value of First Bancorp can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of First Bancorp represents a small ownership stake in the entity. As a stockholder of First, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

First Bancorp Dividends Analysis For Valuation

At present, First Bancorp's Dividend Yield is projected to slightly decrease based on the last few years of reporting. The current year's Dividend Payout Ratio is expected to grow to 0.39, whereas Dividend Paid And Capex Coverage Ratio is forecasted to decline to 2.22. . At present, First Bancorp's Retained Earnings Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Earnings Yield is expected to grow to 0.08, whereas Earning Assets are forecasted to decline to about 889.6 M.
Last ReportedProjected for Next Year
Dividends Paid41.7 M43.8 M
Dividend Yield 0.02  0.03 
Dividend Payout Ratio 0.34  0.39 
Dividend Paid And Capex Coverage Ratio 4.04  2.22 
There are various types of dividends First Bancorp can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of First shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from First Bancorp directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When First pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of First Bancorp by the value of the dividends paid out.

First Bancorp Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding41.4 M
Quarterly Earnings Growth Y O Y3.433
Forward Price Earnings14.6413

First Bancorp Current Valuation Indicators

Valuation refers to the process of determining the present value of First Bancorp and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value First we look at many different elements of the entity such as First's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as First Bancorp, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use First Bancorp's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes First Bancorp's worth.

Complementary Tools for First Stock analysis

When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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