FBP First Bancorp

Price (delayed)

$20.67

Market cap

$3.32B

P/E Ratio

10.94

Dividend/share

$0.68

EPS

$1.89

Enterprise value

$2.9B

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina. It operates as First Bank in North and South Carolina. The company has 94 branches in North ...

Highlights
The company's debt has shrunk by 52% YoY and by 3.4% QoQ
The company's equity rose by 24% YoY and by 3.7% QoQ
FBP's P/E is 3% above its 5-year quarterly average of 10.6

Key stats

What are the main financial stats of FBP
Market
Shares outstanding
160.47M
Market cap
$3.32B
Enterprise value
$2.9B
Valuations
Price to earnings (P/E)
10.94
Price to book (P/B)
1.81
Price to sales (P/S)
3.75
EV/EBIT
7.33
EV/EBITDA
6.92
EV/Sales
3.26
Earnings
Revenue
$889.43M
Gross profit
$889.43M
Operating income
$395.6M
Net income
$306.67M
EBIT
$395.6M
EBITDA
$418.84M
Free cash flow
$410.22M
Per share
EPS
$1.89
EPS diluted
$1.88
Free cash flow per share
$2.54
Book value per share
$11.42
Revenue per share
$5.51
TBVPS
$116.71
Balance sheet
Total assets
$18.9B
Total liabilities
$17.05B
Debt
$320M
Equity
$1.85B
Working capital
N/A
Liquidity
Debt to equity
0.17
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.99
Margins
EBITDA margin
47.1%
Gross margin
100%
Net margin
34.5%
Operating margin
44.5%
Efficiency
Return on assets
1.6%
Return on equity
17.5%
Return on invested capital
2.1%
Return on capital employed
N/A
Return on sales
44.5%
Dividend
Dividend yield
3.29%
DPS
$0.68
Payout ratio
36%

FBP stock price

How has the First Bancorp stock price performed over time
Intraday
0.15%
1 week
1.13%
1 month
-6.17%
1 year
4.71%
YTD
11.19%
QTD
-0.77%

Financial performance

How have First Bancorp's revenue and profit performed over time
Revenue
$889.43M
Gross profit
$889.43M
Operating income
$395.6M
Net income
$306.67M
Gross margin
100%
Net margin
34.5%
The company's net margin fell by 2.8% YoY

Price vs fundamentals

How does FBP's price correlate with its fundamentals

Growth

What is First Bancorp's growth rate over time

Valuation

What is First Bancorp stock price valuation
P/E
10.94
P/B
1.81
P/S
3.75
EV/EBIT
7.33
EV/EBITDA
6.92
EV/Sales
3.26
FBP's P/E is 3% above its 5-year quarterly average of 10.6
The EPS rose by 2.7% year-on-year and by 2.2% since the previous quarter
The company's equity rose by 24% YoY and by 3.7% QoQ
FBP's price to book (P/B) is 13% higher than its 5-year quarterly average of 1.6 but 4.7% lower than its last 4 quarters average of 1.9
The stock's price to sales (P/S) is 21% more than its 5-year quarterly average of 3.1

Efficiency

How efficient is First Bancorp business performance
The company's return on equity fell by 19% YoY and by 3.8% QoQ
First Bancorp's return on assets has decreased by 6% YoY

Dividends

What is FBP's dividend history
DPS
$0.68
Dividend yield
3.29%
Payout ratio
36%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did First Bancorp financials performed over time
The total assets is 11% more than the total liabilities
The company's debt is 83% lower than its equity
The company's debt to equity has shrunk by 61% YoY and by 11% QoQ
The company's debt has shrunk by 52% YoY and by 3.4% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.