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First Bancorp

FBNC

First Bancorp is a commercial bank holding company that operates First Bank, providing a comprehensive suite of financial services to individuals and small- to medium-sized businesses.

Market cap
$2.66B+25.7%
Revenue$423.1M+11.6%
Net income$133.3M+37.1%
EPS (diluted)$3.22+37.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$129.6M
EPS estimate$1.19

Financials

Q2 2026

Income statement

See full
Revenue$127.3M+14.7%
Net income$50.5M+31.0%
EPS (diluted)$1.22+31.2%

Balance sheet

See full
Cash & equivalents$550.3M-22.6%
Total equity$1.7B+10.3%
Total assets$13.0B+3.4%

Valuation & ratios

Valuation

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Market cap$2.66B+25.7%
P/E19.9×-1.8×
P/S6.3×+0.7×

Profitability

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Net margin31.5%+5.9pp

Returns & leverage

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Return on equity8.1%+1.6pp

Competitors

Profile

First Bancorp is a commercial bank holding company that operates First Bank, providing a comprehensive suite of financial services to individuals and small- to medium-sized businesses. The company focuses on community-oriented banking across North Carolina and South Carolina, leveraging a localized decision-making model to deliver retail and commercial credit, deposit, and treasury products.

Competitive position

The company is the fourth largest commercial bank holding company headquartered in North Carolina, emphasizing local decision-making and customer service to compete with national and super-regional banks.

GeographiesNorth Carolina, South Carolina, United States
Customer segmentsSmall and Medium Enterprises, Retail Consumers, Commercial Real Estate
Business modelInterest-spread banking, Fee-based financial services
SuppliersFederal Reserve System, Federal Home Loan Bank (FHLB) of Atlanta, Depositors, Brokered deposit providers
CustomersSmall business owners, Homebuyers, Commercial real estate investors, Used car dealerships
Listed1987
Employees1.4K
CEORichard Hancock Moore
FilingsSEC EDGAR

Questions, answered.

What is First Bancorp's market cap?
First Bancorp (FBNC) has a market capitalization of $2.7B and trades on NASDAQ.
What is First Bancorp's revenue and profitability?
First Bancorp generated $423.1M in trailing twelve-month revenue with net income of $133.3M, representing a net margin of 31.5%. These figures are based on the Q2 2026 filing.
Who are First Bancorp's competitors?
First Bancorp's key competitors include Bank of America, Truist Financial, Wells Fargo, and others. These companies compete in similar markets and product categories.
Who does First Bancorp partner with?
First Bancorp's notable partners include IntraFi Network.
What subsidiaries does First Bancorp have?
First Bancorp's subsidiaries include First Bank, Magnolia Financial, First Troy SPE, LLC, and others.
Where is First Bancorp headquartered?
First Bancorp is headquartered in United States of America and employs approximately 1,445 people. It has been publicly traded since 1987.