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First Bancorp FBNC Non-cash: Affordable housing investments obtained in exchange for funding commitments

Non-cash: Affordable housing investments obtained in exchange for funding commitments at other companies

SandRidge Energy logo
SandRidge EnergySD
$0
Eagle Bancorp Montana logo
Eagle Bancorp MontanaEBMT
-$18K+67.3%
Eagle Bancorp Montana logo
Eagle Bancorp MontanaEBMT
-$18K+67.3%
Hope Bancorp logo
Hope BancorpHOPE
$0
Hope Bancorp logo
Hope BancorpHOPE
$0
Eagle Bancorp Montana logo
Eagle Bancorp MontanaEBMT
$166K

Other financials

Income statement

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

Balance sheet

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Cash & equivalents$550.3M-22.6%
Total debt$89.0M-16.9%
Total equity$1.7B+10.3%
Total assets$13.0B+3.4%

Cash flow

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Operating cash flow$66.5M+45.4%
CapEx$1.0M-26.1%
Free cash flow$65.5M+47.6%

Valuation

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Market cap$2.68B+30.8%
Enterprise value$2.22B+53.4%
P/E20.1×-1.0×
P/S6.3×+0.9×

Profitability

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Net margin31.5%+5.9pp
FCF margin53.6%+0.1pp

Returns & leverage

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Return on equity8.1%+1.6pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept fbnc:AffordableHousingInvestmentsObtainedInExchangeForFundingCommitments.

The source filing: First Bancorp’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000811589-26-000153

FAQ

What is First Bancorp's non-cash: affordable housing investments obtained in exchange for funding commitments?
First Bancorp (FBNC) reported non-cash: affordable housing investments obtained in exchange for funding commitments of $10.05M in Q2 2026.
How has First Bancorp's non-cash: affordable housing investments obtained in exchange for funding commitments changed year-over-year?
First Bancorp's non-cash: affordable housing investments obtained in exchange for funding commitments decreased by 76.2% year-over-year, from $42.25M to $10.05M.
What does non-cash: affordable housing investments obtained in exchange for funding commitments mean?
Non-cash: Affordable housing investments obtained in exchange for funding commitments as reported by First Bancorp/NC.

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