What is First Bancorp's income tax?

First Bancorp (FBNC) reported income tax of $12.85M in Q2 2026.

How has First Bancorp's income tax changed year-over-year?

First Bancorp's income tax increased by 14.2% year-over-year, from $11.26M to $12.85M.

What is the long-term trend for First Bancorp's income tax?

Over 4 years (2021 to 2025), First Bancorp's income tax has grown at a 3.6% compound annual growth rate (CAGR), from $24.68M to $28.45M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

First Bancorp FBNC Income Tax

Discontinued — last reported Q2 '26

Income Tax at other companies

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$2.49B+335%

Wells Fargo & CompanyWFC

$1.4B+53.1%

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$262M-4.0%

Business First BancsharesBFST

$6.12M+3.3%

Independent Bank CorporationIBCP

$3.91M+2.7%

California BanCorpBCAL

$5.55M-9.6%

Other financials

Income statement

See full

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$89.2M-16.1%

Total equity$1.7B+10.3%

Total assets$13.0B+3.4%

Cash flow

See full

Operating cash flow$61.2M+16.4%

CapEx$1.9M+673%

Free cash flow$59.3M+13.3%

Valuation

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Market cap$2.66B+25.5%

P/E19.9×-1.8×

P/S6.3×+0.7×

Profitability

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Net margin31.5%+5.9pp

FCF margin50.6%-17.1pp

Returns & leverage

See full

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 us-gaap:IncomeTaxExpenseBenefit.

The official record: First Bancorp’s 8-K, filed July 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Bancorp's income tax?: First Bancorp (FBNC) reported income tax of $12.85M in Q2 2026.
How has First Bancorp's income tax changed year-over-year?: First Bancorp's income tax increased by 14.2% year-over-year, from $11.26M to $12.85M.
What is the long-term trend for First Bancorp's income tax?: Over 4 years (2021 to 2025), First Bancorp's income tax has grown at a 3.6% compound annual growth rate (CAGR), from $24.68M to $28.45M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.