Based on the latest data from Nov 11, 2026, FBNC's PE to growth ratio sits at 0.25. This metric combines a PE of 16.37 with an earnings growth rate of 66.1%. Relative to the 0.42 average from the past four quarters, the PEG ratio is down by 41%.
Looking at the past ten years, FBNC's PEG ratio has has been around 1.88 on average. At 0.25, today's PEG ratio sits 87% less than its historical average. Within the past ten years, the Jun 2017 quarter saw the highest PEG reading at 10.34. At 0.16, the Dec 2018 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.42 | 18.95 | 44.9% |
| 2024 | N/A | 23.77 | -27.2% |
| 2023 | N/A | 14.57 | -38.3% |
| 2022 | 0.36 | 10.4 | 29.2% |
| 2021 | 1.06 | 14.33 | 13.5% |
| 2020 | N/A | 12.04 | -9.4% |
| 2019 | 4.95 | 12.87 | 2.6% |
| 2018 | 0.16 | 10.81 | 65.9% |
| 2017 | 0.59 | 19.4 | 32.8% |
| 2016 | 9 | 19.81 | 2.2% |
| 2015 | 1.43 | 13.99 | 9.8% |
| 2014 | 0.73 | 15.14 | 20.8% |
| 2013 | 0.1 | 16.46 | 165.6% |
| 2012 | N/A | N/A | -450% |
| 2011 | 0.99 | 25.34 | 25.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.23 | 15.39 | 66.1% |
| Jun 2026 | 0.54 | 19.85 | 37% |
| Mar 2026 | 0.5 | 19.23 | 38.2% |
| Dec 2025 | 0.42 | 18.95 | 44.9% |
| Sep 2025 | N/A | 22.13 | -3.6% |
| Jun 2025 | N/A | 18.76 | -14.9% |
| Mar 2025 | N/A | 18.93 | -23.7% |
| Dec 2024 | N/A | 23.77 | -27.2% |
| Sep 2024 | N/A | 16.77 | -14.5% |
| Jun 2024 | N/A | 11.57 | -14.6% |
| Mar 2024 | N/A | 12.99 | -21.5% |
| Dec 2023 | N/A | 14.57 | -38.3% |
| Sep 2023 | N/A | 9.7 | -10.5% |
| Jun 2023 | 3.68 | 9.21 | 2.5% |
| Mar 2023 | 0.81 | 10.03 | 12.4% |
FBNC's PEG ratio today is lower than the 5 and 10-year averages.
First Bancorp's PEG of 0.25 is lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 0.51, First Bancorp's PEG is 51% lower.
FBNC reports a PEG ratio lower than that of peer stocks FCNCA and PEBK.
According to Nov 11, 2026 figures, FBNC's PEG ratio stands at 0.25.
Historical data over a 5-year period puts FBNC's average PEG ratio at 0.95.
FBNC's PEG ratio topped out at 10.34 during the Jun 2017 quarter - the highest in ten years.
FBNC currently has a PEG ratio 87% below its 10-year average.
The 0.25 PEG ratio for FBNC reflects robust earnings growth outpacing the current valuation.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, First Bancorp has a PE ratio of 16.37. Earnings grew at 66.1% over the TTM period ending Sep 2026. Applying the formula, this gives a PEG ratio of 0.25. PEG RATIO(0.25) = PE RATIO(16.37) / EPS GROWTH(66.1%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.