Connect your AI

First Bancorp FBNC Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

First Financial BancorpFFBC

$2.49M+23.6%

1st Source CorporationSRCE

$789K+5.9%

First BanCorpFBP

$4.43M-2.2%

Other financials

Income statement

Revenue$122.3M+15.6%

Net income$46.7M+28.2%

EPS (diluted)$1.13+28.4%

Balance sheet

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

Operating cash flow$61.2M+16.4%

CapEx$1.9M+673%

Free cash flow$59.3M+13.3%

Valuation

Market cap$2.57B+40.7%

Enterprise value$2.06B+83.8%

P/E21.2×+0.3×

P/S6.3×+1.3×

Profitability

Net margin29.8%+5.8pp

FCF margin50.6%-17.1pp

Returns & leverage

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 us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense.

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

Connect your AI

Harbor at dusk

Questions, answered.

What is First Bancorp's non-cash lease expense?: First Bancorp (FBNC) reported non-cash lease expense of $345K in Q1 2026.
How has First Bancorp's non-cash lease expense changed year-over-year?: First Bancorp's non-cash lease expense increased by 9.9% year-over-year, from $314K to $345K.
What is the long-term trend for First Bancorp's non-cash lease expense?: Over 4 years (2021 to 2025), First Bancorp's non-cash lease expense has grown at a -9.1% compound annual growth rate (CAGR), from $1.94M to $1.32M.
What does non-cash lease expense mean?: Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.