First Bancorp

FBNC

US3189101062

Banks

Market Closed - Nasdaq Other stock markets 21:00:00 28/06/2024 BST			5-day change	1st Jan Change
31.92 ^USD	+3.10%		+5.63%	-13.75%

06-27	First Bancorp Ups Quarterly Dividend to $0.36 a Share, Payable July 19 to Holders of Record July 9	MT
06-14	First Bancorp Keeps Dividend at $0.22 a Share, Payable July 25 to Stockholders of Record on June 30	MT

First Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2018

January 23, 2019 at 09:25 pm

First Bancorp announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 53.846 million compared to USD 48.860 million a year ago. Net income was USD 23.895 million compared to USD 14.177 million a year ago. Basic earnings per share was USD 0.81 compared to USD 0.48 a year ago. Diluted earnings per share was USD 0.8 compared to USD 0.48 a year ago. For the full year, net interest income was USD 207.430 million compared to USD 164.711 million a year ago. Net income was USD 89.289 million compared to USD 45.972 million a year ago. Basic earnings per share was USD 3.02 compared to USD 1.82 a year ago. Diluted earnings per share was USD 3.01 compared to USD 1.82 a year ago.

Latest news about First Bancorp

First Bancorp Ups Quarterly Dividend to $0.36 a Share, Payable July 19 to Holders of Record July 9	06-27	MT
First Bancorp Keeps Dividend at $0.22 a Share, Payable July 25 to Stockholders of Record on June 30	06-14	MT
First Bancorp Declares Cash Dividend on Its Common Stock, Payable on July 25, 2024	06-14	CI
First Bancorp Announces Executive Changes	05-14	CI
Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.	04-30	DJ
Financials Down on Regional Bank Fears -- Financials Roundup	04-29	DJ
Republic First becomes first casualty of U.S. bank crisis in 2024	04-29	RE
European Midday Briefing : Fed Rate Decision, Earnings in Focus This Week	04-29	DJ
North American Morning Briefing : Investors Brace for This Week's Earnings, Fed Decision	04-29	DJ
US regulators seize troubled lender Republic First, sell it to Fulton Bank	04-26	RE
US regulators set to seize Republic First Bancorp, WSJ reports	04-26	RE
First BanCorp Keeps Quarterly Cash Dividend at $0.16 per Share, Payable June 14 to Holders of Record on May 30	04-26	MT
FDIC is approaching potential buyers of Republic First, Bloomberg News reports	04-24	RE
FDIC is looking for potential buyers for Republic First, Bloomberg News reports	04-24	RE
Earnings Flash (FBNC) FIRST BANCORP Posts Q1 EPS $0.61	04-24	MT
First Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024	04-24	CI
First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls	04-23	MT
Earnings Flash (FNLC) THE FIRST BANCORP Reports Q1 EPS $0.54	04-17	MT
First Bancorp Keeps Quarterly Dividend at $0.35 a Share, Payable April 19 to Shareholders of Record April 9	03-28	MT
NCino Picked by FirstBank Puerto to Back Commercial Lending Services	03-20	MT
First Bancorp Keeps Quarterly Dividend at $0.22 a Share, Payable April 25 to Shareholders of Record March 31	03-15	MT
First Bancorp Declares Cash Dividend, Payable on April 25, 2024	03-15	CI
First BanCorp Insider Sold Shares Worth $858,295, According to a Recent SEC Filing	03-08	MT
First BanCorp Insider Sold Shares Worth $256,800, According to a Recent SEC Filing	03-08	MT
First Bancorp Insider Sold Shares Worth $998,675, According to a Recent SEC Filing	02-09	MT

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Company Profile

First Bancorp is a bank holding company. The Company's principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates approximately 118 branches in North Carolina and South Carolina. It maintains a diversified loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. It provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. The Company originates residential mortgages through its mortgage banking division, some of which it sells in the secondary market. Through Magnolia Financial, the Company provides accounts receivable financing and factoring, inventory financing, and purchase order financing. The Company also offers United States Small Business Administration (SBA) loans to small business owners across the nation.

Sector

Banks

Calendar

23/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for First Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

31.92 USD

Average target price

40 USD

Spread / Average Target

+25.31%

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First Bancorp

Equities

FBNC

US3189101062

Banks

First Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2018

EPS Revisions