Stocks · Financial Services · Banks - Regional
First Bancorp FBNC
$62.33 +1.23% Close, Oct 2, 2026 · NASDAQ · Market cap $2.58B
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to 11.1% from 23.1% a year earlier.
- Diluted EPS over the last four quarters was $3.22, up 37.3% year over year.
- The stock is in an uptrend: above its 200-day average for 320 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth12Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 5%
- EPS growth (TTM, YoY)Top 29%
- FCF growth (TTM, YoY)Bottom 45%
- Revenue growth, 3-year CAGRBottom 31%
- Revenue growth accelerationBottom 7%
Quality46Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 22%
- Gross marginBottom 47%
- Operating marginBottom 24%
- Cash conversion (OCF / net income)Top 23%
- Accruals (lower is better)Top 36%
- Net debt / EBITDA (lower is better)Top 16%
- Interest coverBottom 18%
Value34Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 42%
- Free-cash-flow yieldTop 44%
- EBITDA / enterprise valueBottom 29%
- Sales / enterprise valueBottom 20%
- P/E vs own 5-year history (lower is better)Bottom 41%
Momentum64Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 33%
- 6-month returnTop 36%
- 1-year return vs S&P 500Top 34%
- Distance from 52-week highTop 34%
- Trend checklist (0–4)Top 48%
Revisions41Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 11%
- Consecutive EPS beatsTop 42%
- Share of analysts rating BuyTop 30%
- Upside to consensus price targetBottom 39%
Stability58Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 49%
- Maximum drawdown, 3 yearsTop 43%
- Beta vs S&P 500 (lower is better)Bottom 28%
- Net debt / EBITDA (lower is better)Top 16%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.3% | -21.4% | ↓ |
| EPS growth (YoY) | 38.5% | 37.3% | ↓ |
| Gross margin | 65.1% | 63.6% | ↓ |
| Operating margin | 23.1% | 11.1% | ↓ |
| FCF margin | 37.3% | 53.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -21.4% | 3.3% | ↓ | Bottom 5% |
| EPS growth (TTM, YoY) | 37.3% | 38.5% | ↓ | Top 29% |
| Gross margin | 63.6% | 65.1% | ↓ | Bottom 47% |
| Operating margin | 11.1% | 23.1% | ↓ | Bottom 24% |
| Net margin | 31.1% | 17.9% | ↑ | — |
| Free-cash-flow margin | 53.0% | 37.3% | ↑ | — |
| Return on invested capital | -0.5% | — | Bottom 22% | |
| Revenue growth, 3-year CAGR | 10.0% | — | Bottom 31% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.74×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +25.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -1.07×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.49%
- Net buyback yield (TTM)
- 0.27%
- Shareholder yield
- 1.76%
- Share count change, 1 year
- -0.2%
- Share count change, 3-year CAGR
- +0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -23.9%
- Average 2-day reaction, last 8
- -0.0%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $70.00
- Target vs current price
- +12.3%
- Analysts with a rating
- 16
- Share rating Buy or Strong Buy
- 63%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 22, 2026 | +6.1% | -2.9% | -0.4% | +2.5% | — |
| Apr 22, 2026 | +3.7% | -2.3% | +0.9% | -1.8% | +8.9% |
| Jan 21, 2026 | -63.1% | +4.8% | -1.9% | +5.7% | +0.3% |
| Oct 22, 2025 | -42.2% | -0.4% | +1.5% | -0.7% | +18.7% |
| Jul 23, 2025 | +5.7% | +0.1% | +8.9% | +11.2% | +5.2% |
| Apr 23, 2025 | +7.7% | +0.9% | +7.0% | +10.9% | +24.5% |
| Jan 29, 2025 | -87.5% | -0.4% | +1.2% | -7.1% | -8.3% |
| Oct 23, 2024 | +0.0% | +0.2% | -0.3% | +7.2% | +5.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 22, 2026 | $1.22 | $1.15 | +6.1% | $127.3M |
| Apr 22, 2026 | $1.13 | $1.09 | +3.7% | $122.3M |
| Jan 21, 2026 | $0.38 | $1.03 | -63.1% | $83.9M |
| Oct 22, 2025 | $0.49 | $0.85 | -42.2% | $89.6M |
| Jul 23, 2025 | $0.93 | $0.88 | +5.7% | $109.4M |
| Apr 23, 2025 | $0.84 | $0.78 | +7.7% | $104.6M |
| Jan 29, 2025 | $0.09 | $0.72 | -87.5% | $65.7M |
| Oct 23, 2024 | $0.70 | $0.70 | +0.0% | $96.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.4× | 13.7× | 67th | Bottom 42% |
| P/E (forward) | 13.7× | — | — | — |
| EV / EBITDA | 50.2× | — | — | Bottom 29% |
| EV / Sales | 5.90× | — | — | Bottom 20% |
| Free-cash-flow yield | 8.80% | — | — | Top 44% |
| Earnings yield | 5.17% | — | — | Bottom 42% |
P/E over the past five years
Range 7.8× – 22.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +18.1%
- Earnings per share growth (TTM)
- +37.3%
- Change in P/E multiple
- -4.5%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 320
- 50-day average slope (20 days)
- -0.4%
- 200-day average slope (20 days)
- +2.1%
- Distance from 50-day average
- -2.5%
- Distance from 200-day average
- +4.4%
- RSI (14)
- 45.1
- Relative volume
- 0.98×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.7%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.89
- Correlation with S&P 500
- 0.52
- Current drawdown from 1-year high
- -6.0%
- Maximum drawdown, 3 years
- -26.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 11, 2021 | Oct 24, 2023 | -47.5% | 489 days | 439 days (Jul 28, 2025) |
| Mar 12, 2021 | Jul 19, 2021 | -21.2% | 88 days | 59 days (Oct 11, 2021) |
| Sep 4, 2025 | Oct 16, 2025 | -16.6% | 30 days | 62 days (Jan 15, 2026) |
| Feb 20, 2026 | Mar 20, 2026 | -15.3% | 20 days | 65 days (Jun 24, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.58B
- P/E (TTM)
- 19.4
- EPS, diluted (TTM)
- $3.22
- Revenue (TTM)
- $428.0M
- Dividend yield
- 1.52%
- 52-week range
- $45.96 – $66.78
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $324.9M | $407.7M | $541.1M | $530.8M | $543.1M |
| Gross profit | $300.3M | $379.2M | $381.2M | $327.4M | $380.8M |
| Operating income | $120.3M | $185.2M | $132.0M | $98.1M | $144.2M |
| Net income | $95.6M | $146.9M | $104.1M | $76.2M | $111.0M |
| EPS (diluted) | $2.68 | $4.12 | $2.51 | $1.84 | $2.68 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $143.2M | $107.3M | $144.4M | $149.5M | $127.9M | $121.3M | $157.6M | $21.2M |
| Net income | $18.7M | $3.6M | $36.4M | $38.6M | $20.4M | $15.7M | $46.7M | $50.5M |
| EPS (diluted) | $0.45 | $0.09 | $0.88 | $0.93 | $0.49 | $0.38 | $1.13 | $1.22 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $142.3M | $230.7M | $131.4M | $174.8M | $203.1M |
| Capital expenditure | -$9.4M | -$5.3M | -$4.4M | -$2.7M | -$4.2M |
| Free cash flow | $132.9M | $225.4M | $127.0M | $172.1M | $198.9M |
| Dividends paid | -$22.2M | -$30.7M | -$34.9M | -$36.2M | -$37.3M |
| Net share buybacks | -$4.0M | $0 | $0 | $4.1M | $500,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.07B
- Total assets
- $13.04B
- Total liabilities
- $11.33B
- Total debt
- $74.7M
- Net debt
- -$53.7M
- Shareholders’ equity
- $1.72B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.24 | Oct 23, 2026 |
| Jun 30, 2026 | $0.24 | Jul 24, 2026 |
| Mar 31, 2026 | $0.24 | Apr 27, 2026 |
| Dec 31, 2025 | $0.23 | Jan 25, 2026 |
| Sep 30, 2025 | $0.23 | Oct 25, 2025 |
| Jun 30, 2025 | $0.23 | Jul 25, 2025 |
| Mar 31, 2025 | $0.22 | Apr 25, 2025 |
| Dec 31, 2024 | $0.22 | Jan 25, 2025 |
Short interest
- Shares sold short
- 2,202,810
- Days to cover
- 12.67
- Change vs previous report
- +2.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 16, 2004
- 3-for-2
- Sep 14, 1999
- 3-for-2
- Sep 16, 1996
- 2-for-1
- Dec 24, 1990
- 11-for-10
- Dec 22, 1989
- 11-for-10