First Bancorp (FBNC)

From the record

First Bancorp's filings since 2017 show 2 warning events: an auditor change (8-K item 4.01, 2 times, the latest 2025-03-10) (its current reports).

From the record

First Bancorp's 10 filed years say what it did: revenue went from $131 million in fiscal 2016 to $557 million in fiscal 2025, up 17.5% a year; it rose in 8 of 9 years; the deepest fall was 5% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, First Bancorp's diluted share count grew about 5.1% a year, and dividends and buybacks returned about 21% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 10 sales and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $15 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, First Bancorp earned about 7 cents of profit for every dollar of shareholders' money. Leverage: it owed about 87 cents per dollar of assets, and net share issuance: its share count grew 0.3% over the year (the filed statements).

From the record

First Bancorp's standing among 155 graded names in its industry family: revenue of $557 million in fiscal 2025 ranks in the top 34% by size; a net margin of 19.8% ranks in the bottom 44%; revenue growth of 17.8% a year over the last 3 filed years ranks in the top 49% (its annual reports).

From the record

First Bancorp's leadership, from its insiders' filings and its current reports: the chief executive on the record is Moore, Richard H (Chief Executive Officer, as filed), filing under that title since 2012-09-05, 14.2 years (top 17% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 21%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

First Bancorp's room to grow, from the newest filed statements (fiscal 2025): cash of $310 million against debt of $75 million leaves 1.9% of its assets as net cash, bottom 34% of its family; cash from operations less capital spending is 35.7% of revenue (top 14%) (its annual report).

From the record

First Bancorp's growth drivers, from the filed years to fiscal 2025: revenue grew 17.8% a year over the last three filed years against 17.5% over all 10, speeding up (bottom 27% of its family); the newest year grew 7.3% (top 36%); capital spending grew -7.1% a year (bottom 33%) (its annual reports). First Bancorp tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

First Bancorp's newest year against its own record: revenue of $557 million in fiscal 2025 came in 13% below the $641 million its prior three years' pace pointed to (top 40% of its family); net income of $110 million against a prior three-year average of $108 million (bottom 28%); a net margin of 19.8% against 26.2% before (bottom 25%) (its annual reports).