FIRST BANK APPOINTS ANDY SCOTT AS TRIANGLE REGIONAL EXECUTIVE
SOUTHERN PINES, N.C., April 30, 2026 /PRNewswire/ -- First Bank, a subsidiary of First Bancorp (NASDAQ: FBNC), has appointed Andy Scott as Triangle Regional Executive.
FBNC - First Bancorp
Price:
--
--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$63.00
DETAILS
HIGH:
$64.00
LOW:
$62.00
MEDIAN:
$63.00
CONSENSUS:
$63.00
UPSIDE:
7.42%
Stock News
FIRST BANCORP ANNOUNCES APPOINTMENT OF TWO NEW DIRECTORS
SOUTHERN PINES, N.C., April 28, 2026 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC), the parent company of First Bank (collectively, the "Company"), today announced the appointment of Kate Nevin and Peter Hans to its Board of Directors, effective immediately.
First Bancorp (FBNC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for First Bancorp (FBNC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Bancorp (FBNC) Beats Q1 Earnings Estimates
First Bancorp (FBNC) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.84 per share a year ago.
First Bancorp Reports First Quarter Results
First Quarter 2026 Financial Data (Dollars in 000s, except per share data) Q1-2026 Q4-2025 Q1-2025 Summary Income Statement Total interest income $ 142,390 $ 143,634 $ 132,624 Total interest expense 35,274 37,435 39,777 Net interest income 107,116 106,199 92,847 Provision for credit losses 3,083 4,732 1,116 Noninterest income 15,178 (22,479) 12,956 Noninterest expenses 60,218 62,043 57,911 Income tax expense 12,334 1,232 10,370 Net income $ 46,659 $ 15,713 $ 36,406 Key Metrics Diluted EPS $ 1.13 $ 0.38 $ 0.88 Adjusted diluted EPS (1) 1.13 1.19 0.88 Book value per share 40.68 39.89 36.46 Tangible book value per share 29.01 28.23 24.69 ROA 1.48 % 0.49 % 1.21 % Adjusted ROA (1) 1.48 % 1.54 % 1.21 % ROCE 11.22 % 3.83 % 10.06 % Adjusted ROCE (1) 11.22 % 12.01 % 10.06 % ROTCE 16.05 % 5.80 % 15.54 % Adjusted ROTCE (1) 16.05 % 17.45 % 15.54 % NIM 3.67 % 3.58 % 3.25 % NIM- T/E 3.69 % 3.60 % 3.27 % Efficiency ratio 49.05 % 73.75 % 54.51 % Quarterly NCO ratio 0.06 % 0.05 % 0.17 % ACL ratio 1.42 % 1.42 % 1.49 % Capital Ratios (2) Tangible common equity to tangible assets 9.63 % 9.61 % 8.55 % Common equity tier I capital ratio 14.11 % 14.10 % 14.52 % Total risk-based capital ratio 16.10 % 16.12 % 16.80 % (1) Q4-2025 adjusted to exclude impact of securities loss of $43.7 million (after tax $33.6 million). See Appendices D, E, F and G.
FIRST BANK APPOINTS WILL AIKEN TO LEAD SPECIALTY BUSINESSES
GREENVILLE, S.C., April 7, 2026 /PRNewswire/ -- First Bank (NASDAQ: FBNC), has appointed Will Aiken as Managing Director, Specialty Businesses, reinforcing its commitment to expanding and strengthening key areas of the Bank's business.
First Bancorp (NASDAQ:FBNC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?
First Bancorp (NASDAQ: FBNC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $53.83 and traded as high as $56.30. First Bancorp shares last traded at $56.28, with a volume of 113,497 shares changing hands. Analyst Upgrades and Downgrades FBNC
First BanCorp. Isn't Prime For A Downgrade Yet
First BanCorp. maintains a soft 'Buy' rating, supported by robust asset quality and improving core deposits. FBP's net interest margin rose to 4.68%, driving net income growth and outperformance versus the S&P 500. Valuation remains attractive with a 9.2x P/E, though price-to-book ratios are less compelling compared to peers.
Head-To-Head Comparison: First Bancorp (NASDAQ:FBNC) & Bank of the James Financial Group (NASDAQ:BOTJ)
Bank of the James Financial Group (NASDAQ: BOTJ - Get Free Report) and First Bancorp (NASDAQ: FBNC - Get Free Report) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, analyst recommendations, valuation, earnings and risk. Valuation and Earnings This
What Makes First Bancorp (FBNC) a New Buy Stock
First Bancorp (FBNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Regional Bank Stock Up 33% as $3.7 Million Exit Tells a Different Story
Old North State Trust sold all of its 72,921 shares of First Bancorp in the fourth quarter; the estimated transaction value was $3.70 million based on quarterly average prices. Meanwhile, the quarter-end position value decreased by $3.86 million, reflecting the sale and stock price movement.
FIRST BANK RANKED #14 AMONG US PUBLIC BANKS BY S&P GLOBAL MARKET INTELLIGENCE
SOUTHERN PINES, N.C., March 23, 2026 /PRNewswire/ -- First Bank (NASDAQ: FBNC), a leading regional bank serving the Carolinas, has been ranked #14 among U.S. public banks with over $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance.
First Bancorp Announces Cash Dividend
SOUTHERN PINES, N.C., March 13, 2026 /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 $0.24 per share payable on April 27, 2026 to shareholders of record as of March 31, 2026.
Citigroup Inc. Trims Position in First Bancorp $FBNC
Citigroup Inc. lowered its holdings in First Bancorp (NASDAQ: FBNC) by 30.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,108 shares of the financial services provider's stock after selling 17,529 shares during the period. Citigroup Inc.
The First Bancorp Is Finally Deserving Of Some Love (Upgrade)
The First Bancorp is upgraded to a soft "Buy" due to improved fundamentals and attractive valuation. FNLC's net interest income rose from $16.4 million to $20.8 million, driven by lower deposit costs and a higher net interest margin. Asset quality remains strong, with return on assets at 1.26% and return on equity at 14.35%, both above peer averages.
First Bancorp (NASDAQ:FBNC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?
First Bancorp (NASDAQ: FBNC - Get Free Report) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $53.60 and traded as high as $58.96. First Bancorp shares last traded at $56.79, with a volume of 264,224 shares changing hands. Analysts Set New Price Targets A
First Bancorp Announces Retirement of Director
SOUTHERN PINES, N.C., Jan. 27, 2026 /PRNewswire/ -- On January 27, 2026, First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective immediately.
Here's What Key Metrics Tell Us About First Bancorp (FBNC) Q4 Earnings
The headline numbers for First Bancorp (FBNC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
First Bancorp (FBNC) Q4 Earnings Beat Estimates
First Bancorp (FBNC) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.76 per share a year ago.
First Bancorp Reports Fourth Quarter and Full Year Results
Fourth Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q4-2025 Q3-2025 Q4-2024 Summary Income Statement Total interest income $ 143,634 $ 144,200 $ 132,395 Total interest expense 37,435 41,711 43,554 Net interest income 106,199 102,489 88,841 Provision for credit losses 4,732 3,442 507 Noninterest income (22,299) (12,879) (23,177) Noninterest expenses 62,223 60,211 58,279 Income tax expense 1,232 5,594 3,327 Net income $ 15,713 $ 20,363 $ 3,551 Key Metrics Diluted EPS $ 0.38 $ 0.49 $ 0.08 Adjusted diluted EPS (1) $ 1.19 $ 1.01 $ 0.76 Book value per share 39.89 38.67 34.96 Tangible book value per share 28.23 26.98 23.17 ROA 0.49 % 0.64 % 0.12 % Adjusted ROA (1) 1.54 % 1.31 % 1.03 % ROCE 3.83 % 5.14 % 1.29 % Adjusted ROCE (1) 12.01 % 10.55 % 8.60 % ROTCE 5.80 % 7.83 % 1.93 % Adjusted ROTCE (1) 17.45 % 15.66 % 13.39 % NIM 3.58 % 3.46 % 3.05 % NIM- T/E 3.60 % 3.47 % 3.08 % Quarterly NCO ratio 0.05 % 0.14 % 0.04 % ACL ratio 1.42 % 1.44 % 1.51 % Capital Ratios (2) Tangible common equity to tangible assets 9.61 % 9.12 % 8.22 % Common equity tier I capital ratio 14.06 % 14.35 % 14.35 % Total risk-based capital ratio 16.08 % 16.58 % 16.63 % (1) Q4-2025, Q3-2025 and Q4-2024 adjusted to exclude impact of securities loss of $43.7 million (after tax $33.6 million), $27.9 million (after tax $21.4 million) and $36.8 million (after tax $28.2 million), respectively. See Appendices D, E, F and G.
Price Targets
First Bancorp downgraded to Neutral from Overweight at Piper Sandler
$64.00
(was $62.23)
Piper Sandler
First Bancorp upgraded to Strong Buy from Market Perform at Raymond James
$62.00
(was $52.35)
Strong Buy
·
Raymond James
Piper Sandler Upgrades First Bancorp (FBNC) to Overweight
$58.00
(was $48.54)
Stephen Scouten
·
Piper Sandler
First Bancorp price target raised to $50 from $48 at Stephens
$50.00
(was $40.44)
Stephens
First Bancorp initiated with an Overweight at Stephens
$48.00
(was $41.14)
Stephens
Raymond James Maintains Outperform on First Bancorp, Raises Price Target to $43
$43.00
(was $37.88)
Raymond James
Raymond James Maintains Outperform on First Bancorp, Lowers Price Target to $40
$40.00
(was $34.97)
Raymond James
Raymond James Maintains Outperform on First Bancorp, Lowers Price Target to $44
$44.00
(was $37.46)
Raymond James