First BancorpFBNC
FBNC
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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 54
10% more capital invested
Capital invested by funds: $1.15B [Q3] → $1.27B (+$121M) [Q4]
3.12% more ownership
Funds ownership: 66.84% [Q3] → 69.96% (+3.12%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
7% less funds holding
Funds holding: 205 [Q3] → 190 (-15) [Q4]
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
24%
upside
Avg. target
$50
24%
upside
High target
$50
24%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Russell Gunther 36% 1-year accuracy 13 / 36 met price target | 24%upside $50 | Overweight Maintained | 28 Apr 2025 |
Keefe, Bruyette & Woods Wood Lay 36% 1-year accuracy 26 / 72 met price target | 24%upside $50 | Outperform Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 5 articles about FBNC published over the past 30 days
Positive
Zacks Investment Research
5 days ago
All You Need to Know About First Bancorp (FBNC) Rating Upgrade to Buy
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).
Positive
Zacks Investment Research
1 week 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.
Neutral
PRNewsWire
1 week 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.
Positive
Seeking Alpha
1 week 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.
Negative
Seeking Alpha
1 week 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.
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.
Positive
Seeking Alpha
2 months 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.
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.
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.
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.
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