# First Bancorp (FBNC) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $65.04, market value $2.7 billion.

## Valuation
- **P/E (trailing): 20.2×** (5-yr avg 15.7×, 3-yr avg 18.6×). First Bancorp trades at 20.2× trailing earnings, well above its own five-year average of 15.7×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 12.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.28**. A PEG of 0.28 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 39.8×**. Each dollar of revenue is priced at 39.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.6×**. The shares trade at 1.6× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 8.4%** (5-yr avg 10.9%). Free cash flow equals 8.4% of the market value, below its five-year average of 10.9%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 5.0%**. The inverse of the P/E: 5.0% of the price is earned each year.

## Profitability
- **Net margin: 164.2%**. 164.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.7%**. 6.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 0.9%**. Each dollar of assets produces 0.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -3.6%** (3-yr 57.1%/yr). Revenue fell 3.6% over the last year.
- **EPS growth (1 yr): 45.7%** (3-yr -13.4%/yr, 5-yr -0.9%/yr). Earnings per share rose 45.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -4.1%/yr**. Free cash flow has compounded at -4.1% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.48%** ($0.94 per share, trailing). First Bancorp yields 1.48%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 34%** (17% of free cash flow). 34% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 16**. 16 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 4.8%/yr** (1-yr 3.4%). The dividend has grown 4.8% a year over five years.

## Price and momentum
- **Total return (1 yr): 19.1%** (YTD 29.1%, 3-mo 10.1%). The shares are up 19.1% over twelve months including dividends.
- **From 52-week high: -2.6%** (41.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.71** (volatility 26%). Beta of 0.71 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FBNC · Page: https://foliofundamentals.com/stocks/fbnc

Not investment advice.