How to buy First Bancorp stock | $44.37

First Bancorp is a banks-regional business based in the US. First Bancorp shares (FBNC) are listed on the NASDAQ and all prices are listed in US Dollars. First Bancorp employs 1,071 staff and has a trailing 12-month revenue of around 0.00.

First Bancorp stock price (NASDAQ: FBNC)

Use our graph to track the performance of FBNC stocks over time.

First Bancorp shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$44.37
52-week range	$19.15 - $48.37
50-day moving average	$40.63
200-day moving average	$41.42
Wall St. target price	$50.80
PE ratio	10.9592
Dividend yield	$0.76 (1.91%)
Earnings per share (TTM)	$3.65

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Is it a good time to buy First Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of First Bancorp by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

First Bancorp price performance over time

Historical closes compared with the close of $44.37 from 2021-05-28

1 week (2021-07-22)	N/A
1 month (2021-07-02)	8.83%
3 months (2021-04-30)	4.65%
6 months (2021-01-29)	N/A

1 year (2020-07-29)	N/A
2 years (2019-07-29)	N/A
3 years (2018-07-29)	N/A
5 years (2016-07-29)	N/A

Is First Bancorp under- or over-valued?

Valuing First Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Bancorp's P/E ratio

First Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, First Bancorp shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Bancorp's PEG ratio

First Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.543. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Bancorp financials

Revenue TTM	$295.7 million
Operating margin TTM	46.24%
Gross profit TTM	$264.5 million
Return on assets TTM	1.38%
Return on equity TTM	11.78%
Profit margin	35.31%
Book value	$31.75
Market capitalisation	$1.1 billion

TTM: trailing 12 months

Shorting First Bancorp shares

There are currently 1.8 million First Bancorp shares held short by investors – that's known as First Bancorp's "short interest". This figure is 0.4% up from 1.8 million last month.

There are a few different ways that this level of interest in shorting First Bancorp shares can be evaluated.

First Bancorp's "short interest ratio" (SIR)

First Bancorp's "short interest ratio" (SIR) is the quantity of First Bancorp shares currently shorted divided by the average quantity of First Bancorp shares traded daily (recently around 203989.34707904). First Bancorp's SIR currently stands at 8.73. In other words for every 100,000 First Bancorp shares traded daily on the market, roughly 8730 shares are currently held short.

However First Bancorp's short interest can also be evaluated against the total number of First Bancorp shares, or, against the total number of tradable First Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Bancorp's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 First Bancorp shares in existence, roughly 60 shares are currently held short) or 0.064% of the tradable shares (for every 100,000 tradable First Bancorp shares, roughly 64 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against First Bancorp.

Find out more about how you can short First Bancorp stock.

First Bancorp share dividends

Dividend payout ratio: 20.78% of net profits

Recently First Bancorp has paid out, on average, around 20.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Bancorp shareholders could enjoy a 2% return on their shares, in the form of dividend payments. In First Bancorp's case, that would currently equate to about $0.76 per share.

While First Bancorp's payout ratio might seem low, this can signify that First Bancorp is investing more in its future growth.

First Bancorp's most recent dividend payout was on 24 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").

Have First Bancorp's shares ever split?

First Bancorp's shares were split on a 3:2 basis on 15 November 2004. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your First Bancorp shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for First Bancorp shares which in turn could have impacted First Bancorp's share price.

First Bancorp share price volatility

Over the last 12 months, First Bancorp's shares have ranged in value from as little as $19.1478 up to $48.3717. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Bancorp's is 1.3058. This would suggest that First Bancorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

First Bancorp overview

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. As of January 27, 2021, it operated 101 branches in North Carolina and South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.

Frequently asked questions

What percentage of First Bancorp is owned by insiders or institutions?
Currently 2.004% of First Bancorp shares are held by insiders and 74.672% by institutions. How many people work for First Bancorp?
Latest data suggests 1,071 work at First Bancorp. When does the fiscal year end for First Bancorp?
First Bancorp's fiscal year ends in December. Where is First Bancorp based?
First Bancorp's address is: 300 SW Broad Street, Southern Pines, NC, United States, 28387 What is First Bancorp's ISIN number?
First Bancorp's international securities identification number is: US3189101062 What is First Bancorp's CUSIP number?
First Bancorp's Committee on Uniform Securities Identification Procedures number is: 318910106