First Bancorp

FBNC

US3189101062

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
34.5 ^USD	+1.14%		+10.44%	-6.78%

Apr. 24	FDIC is approaching potential buyers of Republic First, Bloomberg News reports	RE
Apr. 24	FDIC is looking for potential buyers for Republic First, Bloomberg News reports	RE

First Bancorp Reports Earnings Results for the Second Quarter Ended June 30, 2021

July 27, 2021 at 04:01 pm EDT

First Bancorp announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 58.759 million compared to USD 52.624 million a year ago. Net income was USD 29.285 million compared to USD 16.352 million a year ago. Diluted earnings per share from continuing operations was USD 1.03 compared to USD 0.56 a year ago. For the half year, net interest income was USD 113.997 million compared to USD 107.383 million a year ago. Net income was USD 57.479 million compared to USD 34.532 million a year ago. Diluted earnings per share from continuing operations was USD 2.02 compared to USD 1.18 a year ago.

Latest news about First Bancorp

FDIC is approaching potential buyers of Republic First, Bloomberg News reports	Apr. 24	RE
FDIC is looking for potential buyers for Republic First, Bloomberg News reports	Apr. 24	RE
Earnings Flash (FBNC) FIRST BANCORP Posts Q1 EPS $0.61	Apr. 24	MT
First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls	Apr. 23	MT
Earnings Flash (FNLC) THE FIRST BANCORP Reports Q1 EPS $0.54	Apr. 17	MT
First Bancorp Keeps Quarterly Dividend at $0.35 a Share, Payable April 19 to Shareholders of Record April 9	Mar. 28	MT
NCino Picked by FirstBank Puerto to Back Commercial Lending Services	Mar. 20	MT
First Bancorp Keeps Quarterly Dividend at $0.22 a Share, Payable April 25 to Shareholders of Record March 31	Mar. 15	MT
First Bancorp Declares Cash Dividend, Payable on April 25, 2024	Mar. 15	CI
First BanCorp Insider Sold Shares Worth $858,295, According to a Recent SEC Filing	Mar. 08	MT
First BanCorp Insider Sold Shares Worth $256,800, According to a Recent SEC Filing	Mar. 08	MT
First Bancorp Insider Sold Shares Worth $998,675, According to a Recent SEC Filing	Feb. 09	MT
First BanCorp Lifts Quarterly Cash Dividend by $0.02 to $0.16 a Share, Payable March 8 to Holders as of Feb. 23	Feb. 09	MT
North American Morning Briefing : Microsoft Kicks -2-	Jan. 30	DJ
North American Morning Briefing : Cautious Start to Fully-Booked Week	Jan. 29	DJ
First Bancorp Q4 EPS, Revenue Decline	Jan. 24	MT
Earnings Flash (FNLC) THE FIRST BANCORP Reports Q4 EPS $0.60	Jan. 24	MT
Earnings Flash (FBNC) FIRST BANCORP Reports Q4 EPS $0.72	Jan. 24	MT
First Bancorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 24	CI
First BanCorp Q4 Earnings Up, Revenues Down	Jan. 24	MT
Earnings Flash (FBP) FIRST BANCORP. Reports Q4 EPS $0.49, vs. Street Est of $0.36	Jan. 24	MT
North American Morning Briefing : Stock Futures Steady as Earnings Season Ramps Up	Jan. 23	DJ
North American Morning Briefing : S&P 500 Seen Extending Record	Jan. 22	DJ
North American Morning Briefing : Stock Futures -2-	Jan. 16	DJ
First Bancorp Keeps Quarterly Dividend at $0.35 a Share, Payable Jan. 19 to Shareholders of Record Jan. 8	Dec. 21	MT

Chart First Bancorp

Duration

Period

More charts

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

2024-05-02 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for First Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

34.5 USD

Average target price

40.67 USD

Spread / Average Target

+17.87%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
FIRST BANCORP	-6.78%	1.4B
JPMORGAN CHASE & CO.	+13.51%	552B
BANK OF AMERICA CORPORATION	+13.81%	302B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+8.38%	250B
WELLS FARGO & COMPANY	+23.12%	213B
BANK OF CHINA LIMITED	+16.11%	172B
CHINA CONSTRUCTION BANK CORPORATION	+6.02%	160B
HSBC HOLDINGS PLC	+4.42%	154B
ROYAL BANK OF CANADA	-0.51%	141B
HDFC BANK LIMITED	-11.56%	138B

Other Banks

First Bancorp

Equities

FBNC

US3189101062

Banks

First Bancorp Reports Earnings Results for the Second Quarter Ended June 30, 2021

EPS Revisions