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First Bancorp FBNC Operating Lease Liabilities (Total)

Operating Lease Liabilities (Total) at other companies

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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+31.4%
Enterprise value$2.21B+54.5%
P/E20.1×-0.9×
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 us-gaap:OperatingLeaseLiability.

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

Filed
Aug 6, 2026, 4:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000811589-26-000153
($ in thousands)
20271,456
20281,369
20291,316
20301,019
Thereafter15,051
Total undiscounted lease payments21,013
Less effect of discounting(6,745)
Present value of estimated lease payments (lease liability)$$14,268

Item 1. - Financial Statements (unaudited)

FAQ

What is First Bancorp's operating lease liabilities (total)?
First Bancorp (FBNC) reported operating lease liabilities (total) of $14.27M in Q2 2026.
How has First Bancorp's operating lease liabilities (total) changed year-over-year?
First Bancorp's operating lease liabilities (total) decreased by 4.1% year-over-year, from $14.88M to $14.27M.
What is the long-term trend for First Bancorp's operating lease liabilities (total)?
Over 5 years (2020 to 2025), First Bancorp's operating lease liabilities (total) has grown at a -4.5% compound annual growth rate (CAGR), from $17.87M to $14.2M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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