First Bancorp FBNC Salaries And Wages
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Where this comes from
Reported directly by First Bancorp in its filing.
Tagged under the XBRL concept us-gaap:SalariesAndWages.
The official record: First Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Bancorp's salaries and wages?
- First Bancorp (FBNC) reported salaries and wages of $29.98M in Q1 2026.
- How has First Bancorp's salaries and wages changed year-over-year?
- First Bancorp's salaries and wages increased by 4.6% year-over-year, from $28.66M to $29.98M.
- What is the long-term trend for First Bancorp's salaries and wages?
- Over 4 years (2021 to 2025), First Bancorp's salaries and wages has grown at a 8.3% compound annual growth rate (CAGR), from $86.82M to $119.48M.
- What does salaries and wages mean?
- This metric represents the total cash compensation, including base salaries, incentives, and commissions paid to employees. It is the primary component of a financial institution's operating cost structure and reflects the investment in human capital required to drive business growth. Monitoring this helps assess the bank's operational efficiency and its ability to manage labor costs relative to revenue generation.