FBNC Financials First Bancorp /Nc/

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 27.8% per year over the past 5 years.
Net income has grown slower than revenue (6.4% vs 27.8% per year).
Free cash flow has grown 34.0% per year over the past 5 years.

Financial health

The company holds more cash ($310M) than total debt ($75M).
Total debt has grown slower than revenue (3.8% vs 27.8% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 33.6% of earnings and 18.7% of free cash flow.
The dividend has grown 12.2% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$68M	$111M	0.0%	0.0%	$199M	$75M	$310M
2024	$70M	$76M	0.0%	0.0%	$172M	$92M	$508M
2023	$33M	$104M	0.0%	0.0%	$127M	$1.2B	$238M
2022	$17M	$147M	0.0%	0.0%	$225M	$508M	$270M
2021	$25M	$96M	0.0%	0.0%	$133M	$67M	$461M
2020	—	$81M	—	—	$46M	$62M	$367M
2019	—	$92M	—	—	$48M	$554M	$231M
2018	—	$89M	—	—	$36M	$660M	$463M
2017	—	$46M	—	—	$22M	$411M	$489M
2016	—	$28M	—	—	$33M	—	$306M
2015	—	$27M	—	—	$32M	—	—
2014	—	$25M	—	—	$43M	—	—
2013	—	$21M	—	—	$66M	—	—
2012	—	-$23M	—	—	$33M	$46M	—
2011	—	$14M	—	—	$30M	$134M	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	—	$47M	—	—	$59M	$75M	$598M
Dec '25	—	$16M	—	—	$54M	$75M	$310M
Sep '25	—	$20M	—	—	$48M	$92M	$598M
Jun '25	—	$39M	—	—	$44M	$92M	$711M
Mar '25	—	$36M	—	—	$52M	$92M	$772M
Dec '24	—	$4M	—	—	$68M	$92M	$508M
Sep '24	—	$19M	—	—	$38M	$92M	$744M
Jun '24	—	$29M	—	—	$88M	$92M	$608M
Mar '24	—	$25M	—	—	-$22M	$332M	$354M
Dec '23	—	$30M	—	—	$37M	$1.2B	$238M
Sep '23	—	$30M	—	—	$27M	$402M	$274M
Jun '23	—	$29M	—	—	$27M	$482M	$361M
Mar '23	—	$15M	—	—	$36M	$606M	$713M
Dec '22	—	$38M	—	—	$50M	$508M	$270M
Sep '22	—	$38M	—	—	$48M	$226M	$270M
Jun '22	—	$37M	—	—	$29M	$67M	$434M
Mar '22	—	$34M	—	—	$99M	$67M	$566M
Dec '21	—	$11M	—	—	$31M	$67M	$461M
Sep '21	—	$28M	—	—	$28M	$61M	$394M
Jun '21	—	$29M	—	—	$49M	$61M	$475M

Valuation over time

How the market has priced FBNC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 10.0× (Mar '23) to 23.3× (Jun '26).
The price-to-sales ratio has fallen from 84.2× (Mar '23) to 38.3× (Jun '26).
The dividend yield has fallen from 2.1% (Mar '23) to 1.4% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FBNC growing its revenue and profit?

Over the past 5 years, First Bancorp /Nc/'s revenue has grown 27.8% per year, and net income grown 6.4% per year. These are computed facts, not advice.

How much debt does FBNC have?

As of FY2025, First Bancorp /Nc/ reported $75M of total debt against $310M of cash.

What is FBNC's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 164.2%.

What is FBNC's P/E ratio?

As of Jun '26, First Bancorp /Nc/ traded at a price-to-earnings ratio of about 23.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.