FBNC
FIRST BANCORP /NC/
NASDAQ · Financial Services · Banks - Regional · US
$66.49
+3.63%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 469.2M | 543.1M | 530.8M | 541.1M | 407.7M |
| Cost of Revenue | 154.6M | 162.3M | 203.4M | 159.9M | 28.5M |
| Gross Profit | 314.6M | 380.8M | 327.4M | 381.2M | 379.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 165.8M | 156.3M | 152.3M | 153.2M | 125.6M |
| General & Admin Expense | 165.8M | 154.6M | 148.9M | 149.1M | 122.6M |
| Selling & Marketing Expense | — | 1.7M | 3.4M | 4.1M | 3.0M |
| Other Expenses | 62.4M | 80.2M | 77.0M | 96.1M | 68.3M |
| Total Operating Expenses | 228.3M | 236.6M | 229.3M | 249.2M | 193.9M |
| Cost and Expenses | 382.9M | 398.9M | 432.7M | 409.2M | 222.4M |
| Operating Income (EBIT) | 86.3M | 144.2M | 98.1M | 132.0M | 185.2M |
| Non-Operating | |||||
| Interest Income | 297.6M | 557.2M | 519.2M | 488.8M | 341.0M |
| Interest Expense | 148.9M | 159.0M | 187.0M | 142.1M | 16.1M |
| Net Interest Income | 148.7M | 398.2M | 332.3M | 346.7M | 324.9M |
| Other Non-Op Income/Expense | 117.6M | (4.7M) | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 203.9M | 139.5M | 98.1M | 132.0M | 185.2M |
| Income Tax Expense | 39.8M | 28.5M | 21.9M | 27.8M | 38.3M |
| Bottom Line | |||||
| Net Income | 164.2M | 111.0M | 76.2M | 104.1M | 146.9M |
| Earnings from Cont. Ops | 164.2M | 111.0M | 76.2M | 104.1M | 146.9M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 164.2M | 110.8M | 75.8M | 103.4M | 146.2M |
| Per Share | |||||
| Basic EPS | $3.97 | $2.68 | $1.85 | $2.54 | $4.12 |
| Diluted EPS | $3.97 | $2.68 | $1.84 | $2.51 | $4.12 |
| Revenue Per Share | $11.34 | $13.13 | $12.94 | $13.28 | $11.49 |
| Shares | |||||
| Basic Shares Outstanding | 41.4M | 41.4M | 41.0M | 40.7M | 35.5M |
| Diluted Shares Outstanding | 41.4M | 41.4M | 41.3M | 41.2M | 35.7M |
| Profitability Metrics | |||||
| EBITDA | 95.6M | 159.2M | 116.0M | 151.2M | 200.5M |
| D&A | 9.3M | 14.9M | 17.9M | 19.2M | 15.3M |
| EBIT | 86.3M | 144.2M | 98.1M | 132.0M | 185.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026