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FBNC

First Bancorp

$33.22

Earnings Summary

Revenue
$141.12Mn
Net Profits
$29.67Mn
Net Profit Margins
21.03%
PE Ratio
13.13

Highlights

Revenue:

First Bancorp’s revenue jumped 42.64% since last year same period to $141.12Mn in the Q4 2023. On a quarterly growth basis, First Bancorp has generated 41.29% jump in its revenue since last 3-months.

Net Profits:

First Bancorp’s net profit fell -22.79% since last year same period to $29.67Mn in the Q4 2023. On a quarterly growth basis, First Bancorp has generated -0.73% fall in its net profits since last 3-months.

Net Profit Margins:

First Bancorp’s net profit margin fell -45.87% since last year same period to 21.03% in the Q4 2023. On a quarterly growth basis, First Bancorp has generated -29.74% fall in its net profit margins since last 3-months.

PE Ratio:

First Bancorp’s price-to-earnings ratio after this Q4 2023 earnings stands at 13.13.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the First Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
0.64
EPS Estimate Current Year
0.64

Highlights

EPS Estimate Current Quarter:

First Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.64 - a 1.59% jump from last quarter’s estimates.

EPS Estimate Current Year:

First Bancorp’s earning per share (EPS) estimates for the current year stand at 0.64.

Key Ratios

Key ratios of the First Bancorp post its Q4 2023 earnings

Earning Per Share (EPS)
0.72
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
0.22

Highlights

Earning Per Share (EPS):

First Bancorp’s earning per share (EPS) fell -33.33% since last year same period to 0.72 in the Q4 2023. This indicates that the First Bancorp has generated -33.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Bancorp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Bancorp’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

First Bancorp declared 0.22 dividend per share during the earnings announcement for Q4 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-09
0.91
0.37
-59.34%
2023-12-31
0.65
0.72
10.77%
2023-08-08
0.73
0.71
-2.74%
2023-11-07
0.68
0.73
7.35%