Skip to content
OpenCapital
Get started

First Bancorp FBNC Presold mortgages in process of settlement

Presold mortgages in process of settlement at other companies

National Bank Holdings logo
National Bank HoldingsNBHC
$129.59M+115%
Ally Financial logo
Ally FinancialALLY
$337M+61.2%
Commerce Bancshares logo
Commerce BancsharesCBSH
$2.08M-28.0%
Valley National Bank logo
Valley National BankVLY
$11.23M-59.0%
Western Alliance Bancorporation logo
Western Alliance BancorporationWAL
$3.94B+21.6%
Newmark Group, Inc. logo
Newmark Group, Inc.NMRK
$1.14B+34.6%

Other financials

Income statement

See full
Revenue$122.3M+15.6%
Net income$46.7M+28.2%
EPS (diluted)$1.13+28.4%

Balance sheet

See full
Cash & equivalents$598.0M-22.6%
Total debt$89.2M-16.1%
Total equity$1.7B+11.6%
Total assets$12.9B+4.1%

Cash flow

See full
Operating cash flow$61.2M+16.4%
CapEx$1.9M+673%
Free cash flow$59.3M+13.3%

Valuation

See full
Market cap$2.57B+40.7%
Enterprise value$2.06B+83.8%
P/E21.2×+0.3×
P/S6.3×+1.3×

Profitability

See full
Net margin29.8%+5.8pp
FCF margin50.6%-17.1pp

Returns & leverage

See full
Return on equity7.6%+1.5pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept fbnc:PreSoldLoansInProcessOfSettlement.

The official record: First Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about First Bancorp's presold mortgages in process of settlement.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is First Bancorp's presold mortgages in process of settlement?
First Bancorp (FBNC) reported presold mortgages in process of settlement of $11.19M in Q1 2026.
How has First Bancorp's presold mortgages in process of settlement changed year-over-year?
First Bancorp's presold mortgages in process of settlement increased by 116.6% year-over-year, from $5.17M to $11.19M.
What is the long-term trend for First Bancorp's presold mortgages in process of settlement?
Over 3 years (2022 to 2025), First Bancorp's presold mortgages in process of settlement has grown at a 82.5% compound annual growth rate (CAGR), from $1.28M to $7.79M.
What does presold mortgages in process of settlement mean?
This reflects the value of mortgage loans that have been originated and committed for sale to secondary market investors but have not yet reached final settlement. It represents a temporary asset position that bridges the gap between loan origination and the receipt of sale proceeds. Monitoring this helps assess the efficiency of the mortgage pipeline and the speed of capital recycling.