What is First Bancorp/NC's earnings per share (EPS)?

First Bancorp/NC (FBNC) reported diluted earnings per share of $2.68 for fiscal year 2025. This represents a 45.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Bancorp/NC (FBNC) Financials

FBNC

Trailing 12 months to June 30, 2026

Revenue $423.1M +11.6% YoY

Net Income $133.3M +37.1% YoY

EPS (Diluted) $3.22 +37.6% YoY

Free Cash Flow $227.0M +11.9% YoY

Market Cap $2.5B as of Oct 12, 2026

Price / Sales 5.8x on $423.1M revenue, trailing 12 months to June 30, 2026

Price / Earnings 18.5x on $133.3M net income, trailing 12 months to June 30, 2026

Price / Book 1.4x on $1.7B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FBNC SEC filings page.

First Bancorp/NC (FBNC) reported $423.1M in revenue over the twelve months to Jun 30, 2026, up 11.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FBNC FY2025 2026-10-04

FY2025 earnings recovered with cash generation, while the bank’s balance sheet remains heavily financed by liabilities rather than long-term debt.

From FY2024 to FY2025, net income increased 45.7% while operating cash flow increased 16.2%, showing the profit rebound was accompanied by cash generation rather than occurring only on paper. The smaller cash-growth rate suggests that reported earnings improved faster than cash conversion, an important distinction for assessing earnings quality.

The balance sheet is liability-funded: FY2025 liabilities of $11.0B were approximately 6.7x equity, so the bank’s financial structure depends far more on its broad funding base than on conventional long-term borrowing. Equity also increased year over year, adding loss-absorption capacity without changing the underlying funding pattern.

Net income recovered to $111M in FY2025 while return on assets was only 0.9%, so improved earnings still generated a modest return against the much larger asset base. This makes asset efficiency more informative than corporate-style operating margins for understanding the business.

Financial Health Signals

Financial Health Score 50/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of First Bancorp/NC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

First Bancorp/NC earned a return on assets of 0.9% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 0.6% the prior year. Earnings ranks banks on that return over three years, and First Bancorp/NC scores 43/100 among other banks.

Growth

First Bancorp/NC reported revenue of $390.3M in fiscal year 2025, against $350.2M in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and First Bancorp/NC scores 13/100 among other banks.

Capital

First Bancorp/NC funded 13.1% of its assets with shareholders' equity at the end of fiscal year 2025, holding $1.7B of equity against $12.7B of assets. Capital ranks banks on that cushion, and First Bancorp/NC scores 69/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. First Bancorp/NC scores 51/100 on it among other banks.

Credit Quality

Credit Quality measures the money a bank set aside for loans it expects to go bad, against the size of the loan book it set that money aside for. First Bancorp/NC scores 69/100 on it among other banks.

Stability

First Bancorp/NC reported net income of $111.0M in fiscal year 2025, against $76.2M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and First Bancorp/NC scores 55/100 among other banks.

Piotroski F-Score Partial

6/7

First Bancorp/NC passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.83x

For every $1 of reported earnings, First Bancorp/NC generates $1.83 in operating cash flow ($203.1M OCF vs $111.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$127.3M

YoY+14.7%

QoQ+4.1%

5Y CAGR+9.7%

10Y CAGR+13.0%

First Bancorp/NC generated $127.3M in revenue in Q2 2026. This represents an increase of 14.7% from the same quarter a year earlier. Against the prior quarter it is up 4.1%.

Net Income

$50.5M

YoY+31.0%

QoQ+8.3%

5Y CAGR+11.5%

10Y CAGR+20.8%

First Bancorp/NC reported $50.5M in net income in Q2 2026. This represents an increase of 31.0% from the same quarter a year earlier. Against the prior quarter it is up 8.3%.

EPS (Diluted)

$1.22

YoY+31.2%

QoQ+8.0%

5Y CAGR+3.4%

10Y CAGR+12.7%

First Bancorp/NC earned $1.22 per diluted share (EPS) in Q2 2026. This represents an increase of 31.2% from the same quarter a year earlier. Against the prior quarter it is up 8.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$65.5M

YoY+47.6%

QoQ+10.4%

5Y CAGR+6.1%

10Y CAGR+23.0%

First Bancorp/NC generated $65.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 47.6% from the same quarter a year earlier. Against the prior quarter it is up 10.4%.

Cash & Debt

$550.3M

YoY-22.6%

QoQ-8.0%

5Y CAGR+3.0%

10Y CAGR+8.3%

First Bancorp/NC held $550.3M in cash against $74.7M in long-term debt as of Q2 2026.

Dividends Per Share

$0.24

YoY+4.3%

QoQ0.0%

5Y CAGR+3.7%

10Y CAGR+11.6%

First Bancorp/NC paid $0.24 per share in dividends in Q2 2026. This represents an increase of 4.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

41M

YoY-0.2%

QoQ0.0%

5Y CAGR+7.7%

10Y CAGR+7.5%

First Bancorp/NC had 41M shares outstanding in Q2 2026. This represents a decrease of 0.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Net Margin

39.7%

YoY+4.9pp

QoQ+1.5pp

5Y change+3.1pp

10Y change+19.3pp

First Bancorp/NC's net profit margin was 39.7% in Q2 2026, showing the share of revenue converted to profit. This is up 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Return on Equity

2.9%

YoY+0.5pp

QoQ+0.2pp

5Y change-0.3pp

10Y change+0.8pp

First Bancorp/NC's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$2.1M

QoQ-58.8%

First Bancorp/NC spent $2.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 58.8%.

Capital Expenditures

$1.0M

YoY-26.1%

QoQ-46.2%

5Y CAGR-10.7%

10Y CAGR-9.6%

First Bancorp/NC invested $1.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 26.1% from the same quarter a year earlier. Against the prior quarter it is down 46.2%.

R&D Spending

Not reported for Q2 2026.

FBNC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FBNC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$423.1M	$390.3M+11.5%	$350.2M-13.4%	$404.1M+2.9%	$392.8M+22.8%	$320.0M+6.9%	$299.5M+8.6%	$275.7M+3.5%	$266.4M+24.5%	$213.9M+43.7%	$148.9M+7.5%	$138.5M-5.1%	$146.0M-8.8%	$160.0M+17.2%	$136.6M-13.8%	$158.4M
SG&A Expenses	$149.2M	$144.2M+3.0%	$140.0M+0.1%	$139.9M+18.8%	$117.7M+14.0%	$103.2M+2.3%	$101.0M+5.2%	$96.0M+4.4%	$92.0M+12.0%	$82.1M+30.7%	$62.8M+10.6%	$56.8M+3.0%	$55.2M+0.7%	$54.8M+2.7%	$53.3M+3.7%	$51.4M
Interest Expense	$151.5M	$159.0M-15.0%	$187.0M+31.6%	$142.1M+782.5%	$16.1M+69.1%	$9.5M-51.3%	$19.6M-42.3%	$33.9M+42.6%	$23.8M+87.6%	$12.7M+66.6%	$7.6M+10.1%	$6.9M-16.0%	$8.2M-25.1%	$11.0M-36.6%	$17.3M-26.5%	$23.6M
Income Tax	$32.0M	$28.5M+29.9%	$21.9M-21.3%	$27.8M-27.3%	$38.3M+55.1%	$24.7M+14.0%	$21.7M-10.6%	$24.2M+0.2%	$24.2M+11.1%	$21.8M+48.8%	$14.6M+3.5%	$14.1M+4.4%	$13.5M+12.0%	$12.1M+171.3%	-$17.0M-330.0%	$7.4M
Net Income	$133.3M	$111.0M+45.7%	$76.2M-26.8%	$104.1M-29.1%	$146.9M+53.6%	$95.6M+17.4%	$81.5M-11.5%	$92.0M+3.1%	$89.3M+94.2%	$46.0M+67.1%	$27.5M+1.8%	$27.0M+8.2%	$25.0M+20.8%	$20.7M+188.4%	-$23.4M-271.6%	$13.6M
EPS (Basic)	N/A	$2.68+44.9%	$1.85-27.2%	$2.54-38.3%	$4.12+29.2%	$3.19+13.5%	$2.81-9.4%	$3.10+2.6%	$3.02+65.9%	$1.82+32.8%	$1.37+2.2%	$1.34+9.8%	$1.22+20.8%	$1.01+165.6%	-$1.54-450.0%	$0.44
EPS (Diluted)	$3.22	$2.68+45.7%	$1.84-27.3%	$2.53-38.6%	$4.12+29.2%	$3.19+13.5%	$2.81-9.4%	$3.10+3.0%	$3.01+65.4%	$1.82+36.8%	$1.33+2.3%	$1.30+9.2%	$1.19+21.4%	$0.98+163.6%	-$1.54	$0.44
Diluted Shares (Avg)	N/A	41M+0.3%	41M+0.4%	41M+15.4%	36M+18.8%	30M+3.6%	29M-2.5%	30M0.0%	30M+17.5%	25M+22.0%	21M+1.1%	20M+0.3%	20M+0.1%	20M+19.7%	17M	17M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$127.3M+14.7%	$122.3M+15.6%	$83.9M+27.8%	$89.6M-7.3%	$111.0M+15.9%	$105.8M+14.8%	$65.7M-32.3%	$96.6M-3.3%
SG&A Expenses	$38.5M+9.4%	$36.5M+5.0%	$37.4M+6.5%	$36.8M+1.0%	$35.2M+2.0%	$34.8M+2.5%	$35.1M+5.4%	$36.5M+1.4%
Interest Expense	$37.0M-7.5%	$35.3M-11.3%	$37.4M-14.0%	$41.7M-13.8%	$40.1M-16.0%	$39.8M-16.0%	$43.6M-1.2%	$48.4M+23.5%
Income Tax	$12.9M+14.2%	$12.3M+18.9%	$1.2M-63.0%	$5.6M+43.7%	$11.3M+37.7%	$10.4M+59.3%	$3.3M-58.5%	$3.9M-49.9%
Net Income	$50.5M+31.0%	$46.7M+28.2%	$15.7M+342.5%	$20.4M+9.0%	$38.6M+34.3%	$36.4M+44.1%	$3.6M-88.0%	$18.7M-37.5%
EPS (Basic)	$1.22+31.2%	$1.13+28.4%	$0.38+322.2%	$0.49+8.9%	$0.93+32.9%	$0.88+44.3%	$0.09-87.5%	$0.45-38.4%
EPS (Diluted)	$1.22+31.2%	$1.13+28.4%	$0.38+375.0%	$0.49+8.9%	$0.93+32.9%	$0.88+44.3%	$0.08-88.9%	$0.45-38.4%
Diluted Shares (Avg)	41M-0.2%	41M+0.1%	N/A	41M+0.3%	41M+0.4%	41M+0.4%	N/A	41M+0.4%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

FBNC Balance Sheet

FBNC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$12.7B+4.3%	$12.1B+0.3%	$12.1B+14.0%	$10.6B+1.1%	$10.5B+44.2%	$7.3B+18.7%	$6.1B+4.8%	$5.9B+5.7%	$5.5B+53.5%	$3.6B+7.5%	$3.4B+4.5%	$3.2B+1.0%	$3.2B-1.8%	$3.2B-1.4%	$3.3B
Cash & Equivalents	$309.6M-39.0%	$507.5M+113.4%	$237.9M-12.0%	$270.3M-41.4%	$461.2M+25.6%	$367.3M+58.8%	$231.3M-50.0%	$462.9M-5.4%	$489.5M+60.0%	$306.0M+14.5%	$267.3M+5.6%	$253.1M+13.4%	$223.3M-7.5%	$241.5M+11.7%	$216.2M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$478.8M0.0%	$478.8M0.0%	$478.8M+31.4%	$364.3M0.0%	$364.3M+52.2%	$239.3M+2.1%	$234.4M0.0%	$234.4M+0.6%	$233.1M+210.6%	$75.0M+14.0%	$65.8M0.0%	$65.8M0.0%	$65.8M0.0%	$65.8M0.0%	$65.8M
Total Liabilities	$11.0B+2.9%	$10.7B-0.4%	$10.7B+12.0%	$9.6B+3.4%	$9.3B+45.1%	$6.4B+20.9%	$5.3B+3.8%	$5.1B+5.1%	$4.9B+49.5%	$3.2B+7.5%	$3.0B+6.7%	$2.8B+0.6%	$2.8B-2.6%	$2.9B-1.9%	$2.9B
Long-Term Debt	$74.6M-18.8%	$91.9M-85.4%	$630.2M+119.2%	$287.5M+326.7%	$67.4M+9.0%	$61.8M-79.4%	$300.7M-26.1%	$406.6M-1.0%	$410.7M	N/A	N/A	N/A	N/A	$46.4M-65.4%	$133.9M
Total Equity	$1.7B+14.4%	$1.4B+5.3%	$1.4B+33.0%	$1.0B-16.2%	$1.2B+37.7%	$893.4M+4.8%	$852.4M+11.5%	$764.2M+10.3%	$693.0M+88.3%	$368.1M+7.6%	$342.2M-11.7%	$387.7M+4.2%	$371.9M+4.4%	$356.1M+3.2%	$345.1M
Retained Earnings	$829.7M+9.7%	$756.3M+5.6%	$716.4M+10.5%	$648.4M+21.7%	$532.9M+11.4%	$478.5M+14.5%	$417.8M+22.2%	$341.7M+29.3%	$264.3M+17.0%	$225.9M+10.2%	$205.1M+10.9%	$185.0M+10.7%	$167.1M+8.8%	$153.6M-17.2%	$185.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$13.0B+3.4%	$12.9B+4.1%	$12.7B+4.3%	$12.8B+4.9%	$12.6B+4.5%	$12.4B+2.9%	$12.1B+0.3%	$12.2B+1.5%
Cash & Equivalents	$550.3M-22.6%	$598.0M-22.6%	$309.6M-39.0%	$598.0M-19.7%	$711.3M+16.9%	$772.4M+118.3%	$507.5M+113.4%	$744.4M+172.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%	$478.8M0.0%
Total Liabilities	$11.3B+2.5%	$11.3B+3.1%	$11.0B+2.9%	$11.1B+4.4%	$11.1B+3.7%	$10.9B+2.0%	$10.7B-0.4%	$10.7B-0.4%
Long-Term Debt	$74.7M-19.0%	$74.6M-18.9%	$74.6M-18.8%	$92.4M+0.8%	$92.2M+0.8%	$92.1M-72.3%	$91.9M-85.4%	$91.7M-77.2%
Total Equity	$1.7B+10.3%	$1.7B+11.6%	$1.7B+14.4%	$1.6B+8.5%	$1.6B+10.8%	$1.5B+9.6%	$1.4B+5.3%	$1.5B+17.5%
Retained Earnings	$907.0M+11.6%	$866.4M+10.6%	$829.7M+9.7%	$823.5M+8.1%	$812.7M+8.0%	$783.6M+7.0%	$756.3M+5.6%	$761.9M+9.5%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

FBNC Cash Flow Statement

FBNC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$232.5M	$203.1M+16.2%	$174.8M+33.0%	$131.4M-43.0%	$230.7M+62.1%	$142.3M+144.0%	$58.3M+13.8%	$51.2M+10.4%	$46.4M+72.9%	$26.8M-35.0%	$41.3M+10.5%	$37.4M-21.9%	$47.8M-33.5%	$71.9M+72.5%	$41.7M+12.5%	$37.0M
Depreciation & Amortization	N/A	$12.5M-13.2%	$14.4M-8.8%	$15.8M+49.5%	$10.5M+8.5%	$9.7M-0.8%	$9.8M-8.4%	$10.7M-10.8%	$12.0M+25.9%	$9.5M+63.9%	$5.8M+11.4%	$5.2M-3.3%	$5.4M-1.6%	$5.5M+0.5%	$5.5M+3.1%	$5.3M
Stock-Based Compensation	N/A	$3.8M-23.5%	$4.9M-4.0%	$5.1M+71.9%	$3.0M+31.5%	$2.3M-10.7%	$2.5M+11.9%	$2.3M+44.7%	$1.6M+43.3%	$1.1M+53.4%	$714K+0.6%	$710K+163.0%	$270K+21.6%	$222K-28.6%	$311K-65.6%	$905K
Capital Expenditures	$5.5M	$4.2M+59.8%	$2.7M-39.9%	$4.4M-16.4%	$5.3M-43.8%	$9.4M-24.0%	$12.4M+249.8%	$3.5M-67.0%	$10.7M+130.2%	$4.7M-46.4%	$8.7M+58.5%	$5.5M+15.4%	$4.8M-24.5%	$6.3M-29.7%	$9.0M+35.5%	$6.6M
Free Cash Flow	$227.0M	$198.9M+15.5%	$172.1M+35.6%	$127.0M-43.7%	$225.4M+69.5%	$132.9M+189.2%	$46.0M-3.6%	$47.7M+33.7%	$35.7M+60.9%	$22.2M-31.9%	$32.6M+2.2%	$31.9M-26.0%	$43.1M-34.3%	$65.6M+100.4%	$32.7M+7.5%	$30.4M
Investing Cash Flow	-$581.4M	-$562.1M-431.3%	$169.7M+188.7%	-$191.4M+73.2%	-$713.4M+44.0%	-$1.3B-32.5%	-$961.5M-126.4%	-$424.7M-35.6%	-$313.3M-143.7%	-$128.5M+46.5%	-$240.1M-74.0%	-$138.0M-434.8%	-$25.8M-157.3%	$45.0M+687.1%	$5.7M-96.7%	$171.3M
Financing Cash Flow	$187.9M	$161.0M+315.3%	-$74.8M-371.9%	$27.5M-90.6%	$291.9M-76.2%	$1.2B+17.9%	$1.0B+632.6%	$141.9M-41.0%	$240.3M-15.7%	$285.2M+20.0%	$237.6M+106.9%	$114.8M+1373.5%	$7.8M+105.8%	-$135.2M-512.6%	-$22.1M+89.2%	-$204.1M
Dividends Paid	$38.5M	$37.3M+2.9%	$36.2M+3.7%	$34.9M+14.0%	$30.7M+37.9%	$22.2M+6.2%	$20.9M+53.2%	$13.7M+21.1%	$11.3M+48.5%	$7.6M+18.7%	$6.4M+1.4%	$6.3M+0.1%	$6.3M+0.1%	$6.3M+16.1%	$5.4M+0.7%	$5.4M
Share Buybacks	$7.3M	$991K	$0	$0	$0-100.0%	$4.0M-87.3%	$31.9M+218.7%	$10.0M	$0	$0	N/A	N/A	N/A	N/A	$2K-99.1%	$228K

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$66.5M+45.4%	$61.2M+16.4%	$55.2M-19.7%	$49.7M+29.3%	$45.7M-47.9%	$52.6M+361.8%	$68.7M+80.1%	$38.4M+36.9%
Depreciation & Amortization	$2.9M-8.5%	$2.9M-13.1%	$3.0M-13.3%	$3.0M-14.8%	$3.2M-13.7%	$3.3M-12.3%	$3.4M-14.6%	$3.5M-6.5%
Stock-Based Compensation	$700K-36.4%	$949K-7.0%	N/A	$700K-50.0%	$1.1M+22.2%	$1.0M+54.1%	N/A	$1.4M+16.7%
Capital Expenditures	$1.0M-26.1%	$1.9M+673.3%	$1.2M+135.3%	$1.5M+233.8%	$1.4M+1610.0%	$243K-85.2%	$498K-59.2%	$438K-67.5%
Free Cash Flow	$65.5M+47.6%	$59.3M+13.3%	$54.0M-20.9%	$48.2M+26.9%	$44.3M-49.4%	$52.4M+340.9%	$68.2M+84.7%	$38.0M+42.1%
Investing Cash Flow	-$173.5M+5.6%	-$21.1M-345.8%	-$183.0M+43.1%	-$203.8M-331.8%	-$183.9M-179.2%	$8.6M-95.0%	-$321.6M-261.9%	$87.9M+195.3%
Financing Cash Flow	$59.4M-22.9%	$248.3M+21.9%	-$160.6M-1108.6%	$40.8M+320.4%	$77.1M+217.9%	$203.8M+681.7%	$15.9M+6.4%	$9.7M+142.4%
Dividends Paid	$9.9M+9.1%	$9.5M+4.7%	$9.5M+4.9%	$9.5M+5.3%	$9.1M+0.6%	$9.1M+0.7%	$9.1M+0.6%	$9.1M+0.3%
Share Buybacks	$2.1M	$5.1M+418.9%	-$1K	$0	$0	$992K	$0	$0

FBNC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FBNC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	28.4%+6.7pp	21.8%-4.0pp	25.8%-11.6pp	37.4%+7.5pp	29.9%+2.7pp	27.2%-6.2pp	33.4%-0.1pp	33.5%+12.0pp	21.5%+3.0pp	18.5%-1.1pp	19.5%+2.4pp	17.1%+4.2pp	12.9%+30.1pp	-17.1%-25.8pp	8.6%
Return on Equity	6.7%+1.4pp	5.3%-2.3pp	7.6%-6.7pp	14.2%+6.5pp	7.8%-1.3pp	9.1%-1.7pp	10.8%-0.9pp	11.7%+5.1pp	6.6%-0.8pp	7.5%-0.4pp	7.9%+1.4pp	6.5%+0.9pp	5.6%+12.1pp	-6.6%-10.5pp	4.0%
Return on Assets	0.9%+0.3pp	0.6%-0.2pp	0.9%-0.5pp	1.4%+0.5pp	0.9%-0.2pp	1.1%-0.4pp	1.5%0.0pp	1.5%+0.7pp	0.8%+0.1pp	0.8%0.0pp	0.8%0.0pp	0.8%+0.1pp	0.7%+1.4pp	-0.7%-1.1pp	0.4%
Debt-to-Equity	0.050.0x	0.06-0.4x	0.46+0.2x	0.28+0.2x	0.050.0x	0.07-0.3x	0.35-0.2x	0.53-0.1x	0.59-8.2x	8.820.0x	8.83+1.5x	7.30-0.3x	7.56+7.4x	0.13-0.3x	0.39
Asset Turnover	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.030.0x	0.040.0x	0.040.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.040.0x	0.05
FCF Margin	51.0%+1.8pp	49.1%+17.7pp	31.4%-25.9pp	57.4%+15.8pp	41.5%+26.2pp	15.3%-1.9pp	17.3%+3.9pp	13.4%+3.0pp	10.4%-11.5pp	21.9%-1.1pp	23.0%-6.5pp	29.5%-11.5pp	41.0%+17.0pp	24.0%+4.8pp	19.2%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	39.7%+4.9pp	38.1%+3.7pp	18.7%+13.3pp	22.7%+3.4pp	34.8%+4.8pp	34.4%+7.0pp	5.4%-25.2pp	19.3%-10.6pp
Return on Equity	2.9%+0.5pp	2.8%+0.4pp	0.9%+0.7pp	1.3%0.0pp	2.5%+0.4pp	2.4%+0.6pp	0.3%-1.9pp	1.3%-1.1pp
Return on Assets	0.4%+0.1pp	0.4%+0.1pp	0.1%+0.1pp	0.2%0.0pp	0.3%+0.1pp	0.3%+0.1pp	0.0%-0.2pp	0.1%-0.1pp
Debt-to-Equity	0.040.0x	0.040.0x	0.050.0x	0.060.0x	0.060.0x	0.06-0.2x	0.06-0.4x	0.06-0.3x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	51.4%+11.5pp	48.5%-1.0pp	64.3%	53.8%+14.5pp	40.0%-51.6pp	49.5%+73.1pp	103.9%	39.3%+12.6pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
First Bancorp/NC FBNC	FY2025	$390.3M	$111.0M	28.4%	$2.5B	50/100
First Merchants Corp FRME	FY2025	$662.9M	$226.0M	34.1%	$2.4B	65/100
Pacific Premier Bancorp Inc PPBI	FY2024	$619.8M	$158.8M	25.6%	$2.4B	46/100
Banner Corp. BANR	FY2025	N/A	$195K	N/A	$2.4B	—
CUSTOMERS BANCORP INC CUBI	FY2025	$818.3M	$224.1M	27.4%	$2.5B	42/100
Enterprise Financial Services Corporation EFSC	FY2025	$739.9M	$201.4M	27.2%	$2.1B	55/100

Where First Bancorp/NC Ranks

Frequently Asked Questions

What is First Bancorp/NC's annual revenue?

First Bancorp/NC (FBNC) reported $390.3M in total revenue for fiscal year 2025. This represents a 11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is First Bancorp/NC's revenue growing?

First Bancorp/NC (FBNC) revenue grew by 11.5% year-over-year, from $350.2M to $390.3M in fiscal year 2025.

Is First Bancorp/NC profitable?

Yes, First Bancorp/NC (FBNC) reported a net income of $111.0M in fiscal year 2025, with a net profit margin of 28.4%.

How much debt does First Bancorp/NC have?

As of fiscal year 2025, First Bancorp/NC (FBNC) had $309.6M in cash and equivalents against $74.6M in long-term debt.

What is First Bancorp/NC's net profit margin?

First Bancorp/NC (FBNC) had a net profit margin of 28.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Bancorp/NC pay dividends?

Yes, First Bancorp/NC (FBNC) paid $0.91 per share in dividends during fiscal year 2025.

What is First Bancorp/NC's return on equity (ROE)?

First Bancorp/NC (FBNC) has a return on equity of 6.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Bancorp/NC's free cash flow?

First Bancorp/NC (FBNC) generated $198.9M in free cash flow during fiscal year 2025. This represents a 15.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is First Bancorp/NC's operating cash flow?

First Bancorp/NC (FBNC) generated $203.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Bancorp/NC's total assets?

First Bancorp/NC (FBNC) had $12.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are First Bancorp/NC's capital expenditures?

First Bancorp/NC (FBNC) invested $4.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does First Bancorp/NC buy back shares?

Yes, First Bancorp/NC (FBNC) spent $991K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does First Bancorp/NC have outstanding?

First Bancorp/NC (FBNC) had 41M shares outstanding as of fiscal year 2025.

What is First Bancorp/NC's debt-to-equity ratio?

First Bancorp/NC (FBNC) had a debt-to-equity ratio of 0.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Bancorp/NC's return on assets (ROA)?

First Bancorp/NC (FBNC) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is First Bancorp/NC's P/E ratio?

First Bancorp/NC (FBNC) trades at 18.5x earnings, its market capitalization divided by net income of $133.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.5B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Bancorp/NC's price-to-sales ratio?

First Bancorp/NC (FBNC) trades at 5.8x sales, its market capitalization divided by revenue of $423.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.5B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Bancorp/NC's Piotroski F-Score?

First Bancorp/NC (FBNC) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are First Bancorp/NC's earnings high quality?

First Bancorp/NC (FBNC) has an earnings quality ratio of 1.83x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is First Bancorp/NC?

First Bancorp/NC (FBNC) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.