First Bancorp (FBNC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
343.8M
Net Income
76.2M
22.17%
EPS (Diluted)
$1.84
Balance Sheet Metrics
Total Assets
12.1B
Total Liabilities
10.7B
Shareholders Equity
1.4B
Debt to Equity
7.40
Cash Flow Metrics
Operating Cash Flow
128.1M
Free Cash Flow
172.1M
Revenue & Profitability Trend
First Bancorp Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 343.8M | 404.3M | 393.2M | 320.0M | 298.9M |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 152.3M | 153.2M | 125.6M | 109.8M | 101.0M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 98.1M | 132.0M | 185.2M | 120.3M | 103.1M |
| Income Tax | 21.9M | 27.8M | 38.3M | 24.7M | 21.7M |
| Net Income | 76.2M | 104.1M | 146.9M | 95.6M | 81.5M |
| EPS (Diluted) | $1.84 | $2.53 | $4.12 | $2.68 | $2.81 |
Income Statement Trend
First Bancorp Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 12.1B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 10.7B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 1.4B | 1.4B | 1.0B | 1.2B | 893.4M |
Balance Sheet Composition
First Bancorp Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 76.2M | 104.1M | 146.9M | 95.6M | 81.5M |
| Operating Cash Flow | 128.1M | 118.9M | 219.7M | 141.2M | 49.1M |
| Investing Activities | |||||
| Capital Expenditures | -1.3M | -3.5M | -5.0M | -9.1M | -12.2M |
| Investing Cash Flow | 152.2M | 275.1M | -155.0M | -1.2B | -727.8M |
| Financing Activities | |||||
| Dividends Paid | -36.2M | -34.9M | -30.7M | -22.2M | -20.9M |
| Financing Cash Flow | -577.0M | 267.3M | 408.4M | -32.8M | -501.1M |
| Free Cash Flow | 172.1M | 127.0M | 225.4M | 132.9M | 46.0M |
Cash Flow Trend
First Bancorp Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
22.04
Forward P/E
14.95
Price to Book
1.28
Price to Sales
5.54
PEG Ratio
14.95
Profitability Ratios
Profit Margin
25.14%
Operating Margin
46.14%
Return on Equity
6.06%
Return on Assets
0.71%
Financial Health
Debt to Equity
0.07
Beta
0.88
Per Share Data
EPS (TTM)
$2.11
Book Value per Share
$36.46
Revenue per Share
$8.46
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| fbnc | 1.9B | 22.04 | 1.28 | 6.06% | 25.14% | 0.07 |
| U.S. Bancorp | 74.6B | 11.85 | 1.40 | 11.53% | 26.38% | 1.34 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| Pathward Financial | 2.0B | 11.33 | 2.37 | 23.20% | 24.77% | 0.04 |
| Nicolet Bankshares | 2.0B | 15.73 | 1.67 | 11.47% | 36.51% | 0.13 |
| City Holding Company | 1.9B | 16.03 | 2.48 | 16.39% | 40.14% | 0.71 |
Financial data is updated regularly. All figures are in the company's reporting currency.