First Bancorp (FBNC) AI Stock Analysis

• Market Cap: $2.43B
• Dividend Yield: 1.69%
• Average Volume (3M): 208.85K
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.90
• Revenue Growth: -5.72%
• EPS Growth: -3.86%
• Country: US
• Employees: 1,345
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.38
• Shares Outstanding: 41,429,640
• 10 Day Avg. Volume: 282,282
• 30 Day Avg. Volume: 208,855
• PEG Ratio: 0.42
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 3.87
• P/FCF Ratio: 10.56
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 4.35
• Enterprise Value/Gross Profit: 6.21
• Enterprise Value/Ebitda: 15.29
• 1Y Price Target: $65.67
• Price Target Upside: 11.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 4.58
• Revenue Forecast (FY): $511.99M

• Rating: 70 Outperform
• Price Target: $64.00 ▲(8.42% Upside)
• Action: Reiterated Date: 03/14/26
• Date: Action: Reiterated 03/14/26

Score is driven primarily by solid financial performance (improving 2025 profitability, low leverage, and good cash-flow quality). Offsetting that strength are weak technicals (downtrend despite oversold signals) and an elevated P/E with only a modest dividend yield; the recent dividend increase is a supportive secondary positive.

Positive Factors

Conservative Balance Sheet

Very low debt relative to equity and a growing equity base provide durable capital resilience. That conservative leverage increases the bank’s ability to absorb credit stress, maintain lending capacity, and support regulatorily driven buffers and shareholder returns over the next several quarters.

Negative Factors

Profitability Volatility

Earnings have shown a multi-year reset from 2022 peaks and ROE remains moderate, which implies volatile profit cycles. This variability reduces long-term earnings visibility and may constrain sustained TSR unless higher, more stable returns can be re-established.

First Bancorp Business Overview & Revenue Model

Company Description

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. It accepts deposit prod...

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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. It accepts deposit prod...

How the Company Makes Money

First Bancorp primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is generated by earning interest and fees on loans and interest-earning assets (e.g., commercial and consumer loans, real estate lo...

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First Bancorp primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is generated by earning interest and fees on loans and interest-earning assets (e.g., commercial and consumer loans, real estate lo...

First Bancorp Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	543.12M	530.81M	541.11M	407.66M	324.90M
Gross Profit	380.81M	327.40M	381.20M	379.16M	300.34M
EBITDA	154.64M	116.00M	151.17M	200.55M	134.25M
Net Income	111.05M	76.22M	104.13M	146.94M	95.64M
Balance Sheet
Total Assets	12.67B	12.15B	12.11B	10.63B	10.51B
Cash, Cash Equivalents and Short-Term Investments	2.20B	2.40B	2.43B	2.58B	3.09B
Total Debt	74.57M	14.55M	321.67M	237.82M	19.50M
Total Liabilities	11.01B	10.70B	10.74B	9.59B	9.28B
Stockholders Equity	1.65B	1.45B	1.37B	1.03B	1.23B
Cash Flow
Free Cash Flow	198.89M	172.12M	126.97M	225.37M	132.93M
Operating Cash Flow	203.13M	174.78M	131.40M	230.65M	142.34M
Investing Cash Flow	-562.07M	169.67M	-191.37M	-713.36M	-1.27B
Financing Cash Flow	161.03M	-74.80M	27.51M	291.86M	1.23B

First Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 59.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBNC, the sentiment is Positive. The current price of 59.03 is above the 20-day moving average (MA) of 55.47, above the 50-day MA of 57.32, and above the 200-day MA of 52.51, indicating a bullish trend. The MACD of 0.63 indicates Negative momentum. The RSI at 63.65 is Neutral, neither overbought nor oversold. The STOCH value of 89.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FBNC.

First Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRME	76 Outperform	$2.60B	9.57	9.46%	3.72%	-1.76%	32.44%
FBNC	70 Outperform	$2.43B	18.91	7.03%	1.69%	-5.72%	-3.86%
NBTB	68 Neutral	$2.36B	11.56	9.51%	3.33%	11.63%	5.58%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BANR	67 Neutral	$2.18B	10.97	10.28%	2.97%	6.98%	15.08%
CUBI	67 Neutral	$2.53B	11.16	11.25%	―	-0.37%	-20.30%
SYBT	66 Neutral	$2.10B	13.61	13.69%	1.88%	11.74%	26.27%

First Bancorp Corporate Events