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First Bancorp - (FBNC) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

NASDAQ · DATA UPDATED 2026-08-30

First Bancorp - (FBNC) operates in the NASDAQ industry and is headquartered in Southern Pines, United States with about 1,396 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, FBNC reported $543M in revenue and $111M in net income.

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses.

Interactive charts & full statements → Open the FBNC valuation workbench →

FBNC Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$428M$543M$531M$541M$408M$325M$318M$309M$290M$226M$167M$156M$167M$176M$178M$179M$182M$178M$169M$166M$145M
Gross Profit$272M$381M$327M$381M$379M$300M$264M$273M$269M$213M$159M$149M$149M$135M$81M$114M$96M$109M$97M$91M$86M
Gross Margin %63.6%70.1%61.7%70.5%93.0%92.4%82.9%88.3%93.0%94.1%95.5%96.1%89.0%76.4%45.6%63.8%52.5%61.1%57.8%54.9%59.0%
Operating Income (EBIT)$48M$144M$98M$132M$185M$120M$103M$116M$113M$68M$42M$41M$39M$33M($40M)$21M$15M$98M$35M$35M$31M
Operating Margin %11.1%26.6%18.5%24.4%45.4%37.0%32.4%37.7%39.2%30.0%25.3%26.5%23.1%18.6%-22.7%11.7%8.2%55.2%20.8%21.0%21.1%
Net Income$133M$111M$76M$104M$147M$96M$81M$92M$89M$46M$28M$27M$25M$21M($23M)$14M$10M$60M$22M$22M$19M
Net Margin %31.1%20.4%14.4%19.2%36.0%29.4%25.6%29.8%30.8%20.3%16.5%17.4%15.0%11.8%-13.1%7.6%5.5%33.9%13.1%13.1%13.3%
EBITDA$50M$155M$116M$151M$201M$134M$117M$130M$126M$77M$48M$46M$44M$38M($35M)$26M$20M$99M$39M$39M$34M
Earnings Per Share (EPS)$3.22$2.69$1.84$2.53$4.12$2.68$2.81$3.10$3.01$1.82$1.33$1.32$1.22$1.01$-1.37$0.81$0.59$3.61$1.37$1.51$1.34
Shares Outstanding (M)41M41M41M41M36M36M29M30M30M25M21M20M20M20M17M17M17M17M16M14M14M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FBNC Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$21M$158M$121M$128M$150M$144M$107M$143M
Gross Profit($17M)$119M$84M$86M$107M$104M$63M$81M
Gross Margin %-80.8%75.7%69.2%67.4%71.7%71.7%59.0%56.3%
Operating Income (EBIT)($59M)$59M$22M$26M$50M$47M$7M$23M
Operating Margin %-278.1%37.4%17.9%20.3%33.3%32.4%6.4%15.8%
Net Income$51M$47M$16M$20M$39M$36M$4M$19M
Net Margin %238.2%29.6%13.0%15.9%25.8%25.2%3.3%13.0%
EBITDA($62M)$62M$23M$27M$54M$51M$11M$27M
Earnings Per Share (EPS)$1.22$1.13$0.38$0.49$0.93$0.88$0.09$0.45
Shares Outstanding (M)41M41M41M41M41M41M41M41M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FBNC Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$232M$203M$175M$131M$231M$139M$57M$51M$46M$27M$41M$37M$48M$72M$42M$37M$64M$15M$34M$31M$25M
Capital Expenditures (CapEx)$6M$4M$3M$4M$5M$9M$12M$4M$11M$5M$9M$5M$5M$6M$9M$7M$18M$5M$5M$6M$11M
Free Cash Flow (FCF)$227M$199M$172M$127M$225M$129M$45M$48M$36M$22M$33M$32M$43M$66M$33M$30M$47M$10M$29M$25M$14M
FCF Margin %
Dividends Paid$39M$37M$36M$35M$31M$22M$21M$14M$11M$8M$7M$7M$7M$8M$8M$8M$9M$10M$12M$11M$10M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FBNC Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$66M$61M$55M$50M$46M$53M$69M$38M
Capital Expenditures (CapEx)$1M$2M$1M$1M$1M$0M$0M$0M
Free Cash Flow (FCF)$65M$59M$54M$48M$44M$52M$68M$38M
FCF Margin %
Dividends Paid$10M$10M$10M$10M$9M$9M$9M$9M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FBNC Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$13.0B$12.7B$12.1B$12.1B$10.6B$10.5B$7.3B$6.1B$5.9B$5.5B$3.6B$3.4B$3.2B$3.2B$3.2B$3.3B$3.3B$3.5B$2.8B$2.3B$2.1B
Cash & Cash Equivalents$128M$147M$508M$238M$270M$461M$367M$231M$463M$489M$306M$267M$253M$221M$242M$216M$211M$343M$193M$143M$127M
Total Liabilities$11.3B$11.0B$10.7B$10.7B$9.6B$9.3B$6.4B$5.3B$5.1B$4.9B$3.2B$3.0B$2.8B$2.8B$2.9B$2.9B$2.9B$3.2B$2.5B$2.1B$2.0B
Total Debt (Short + Long-Term)$72M($3M)$30M$1.1B$340M$70M$65M$539M$750M$711M$476M$373M$233M$46M$46M$151M$139M$123M$158M$111M$116M
Total Shareholders' Equity$1.7B$1.7B$1.4B$1.4B$1.0B$1.2B$893M$852M$764M$693M$368M$342M$388M$372M$356M$345M$345M$342M$220M$174M$163M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FBNC viewer.

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