FBNC RSI Chart
Last 7 days
2.9%
Last 30 days
-1.6%
Last 90 days
-6.6%
Trailing 12 Months
-11.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 379.0M | 419.7M | 455.3M | 488.8M |
2022 | 277.0M | 296.3M | 324.1M | 341.0M |
2021 | 233.7M | 237.2M | 239.0M | 255.9M |
2020 | 250.4M | 245.0M | 241.3M | 237.7M |
2019 | 237.9M | 244.2M | 248.3M | 250.1M |
2018 | 190.8M | 204.3M | 217.8M | 231.2M |
2017 | 66.0M | 121.7M | 0 | 177.4M |
2016 | 127.3M | 88.3M | 49.3M | 10.3M |
2015 | 133.6M | 128.9M | 127.7M | 126.7M |
2014 | 150.1M | 147.5M | 144.6M | 139.8M |
2013 | 150.7M | 151.7M | 149.4M | 147.5M |
2012 | 153.9M | 150.8M | 150.3M | 152.5M |
2011 | 158.4M | 157.5M | 156.6M | 155.8M |
2010 | 0 | 0 | 0 | 159.3M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | mclamb carlie c jr | gifted | -9,509 | 33.84 | -281 | - |
Mar 15, 2024 | mclamb carlie c jr | bought | 10,355 | 33.84 | 306 | - |
Mar 15, 2024 | mclamb carlie c jr | gifted | -846 | 33.84 | -25.00 | - |
Mar 08, 2024 | mayer michael goodwin | acquired | 130,462 | 35.26 | 3,700 | president |
Mar 08, 2024 | buczkowski blaise bea | acquired | 14,985 | 35.26 | 425 | chief accounting officer |
Mar 08, 2024 | currie gregory a | acquired | 56,098 | 35.26 | 1,591 | chief banking officer |
Mar 08, 2024 | moore richard h | acquired | 59,977 | 35.26 | 1,701 | chief executive officer |
Mar 08, 2024 | bostian elizabeth b | acquired | 50,245 | 35.26 | 1,425 | chief financial officer |
Feb 14, 2024 | capel mary clara | sold | -16,909 | 33.818 | -500 | - |
Jan 05, 2024 | mayer michael goodwin | sold (taxes) | -95,892 | 37.01 | -2,591 | president |
Which funds bought or sold FBNC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 5.36 | 57,300 | 205,851 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 1.93 | 26,226,200 | 103,228,000 | -% |
Mar 05, 2024 | GREENWOOD CAPITAL ASSOCIATES LLC | added | 97.77 | 1,416,560 | 2,301,280 | 0.15% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 102 | 4,585,980 | 7,337,360 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.84 | 187,503 | 804,079 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 103,000 | 429,000 | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 6.98 | 345,000 | 1,194,000 | -% |
Feb 16, 2024 | WESBANCO BANK INC | sold off | -100 | -1,691,440 | - | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -6.95 | 771,068 | 4,216,070 | 0.02% |
Feb 15, 2024 | BARCLAYS PLC | added | 36.41 | 1,351,000 | 3,053,000 | -% |
Unveiling First Bancorp-Southern Pines NC's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to First Bancorp-Southern Pines NC)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 574.7B | 171.1B | 11.6 | 3.36 | ||||
BAC | 297.7B | 130.3B | 11.23 | 2.29 | ||||
WFC | 206.2B | 85.7B | 10.77 | 2.41 | ||||
C | 120.0B | 133.3B | 13 | 0.9 | ||||
CFG | 16.4B | 10.2B | 10.23 | 1.61 | ||||
KEY | 14.6B | 7.9B | 15.11 | 1.84 | ||||
MID-CAP | ||||||||
CMA | 7.2B | 4.2B | 8.16 | 1.72 | ||||
ZION | 6.4B | 3.9B | 9.4 | 1.62 | ||||
ABCB | 3.3B | 1.3B | 12.35 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.55 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 509.4M | 120.2M | 19.47 | 4.24 | ||||
ALRS | 428.7M | 164.9M | 36.65 | 2.6 | ||||
AROW | 411.8M | 162.6M | 13.69 | 2.53 | ||||
ACNB | 313.8M | 96.6M | 9.9 | 3.25 | ||||
ASRV | 46.8M | 60.9M | -13.99 | 0.77 |
First Bancorp-Southern Pines NC News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.2% | 127 | 124 | 121 | 117 | 93.00 | 88.00 | 80.00 | 79.00 | 76.00 | 61.00 | 61.00 | 58.00 | 59.00 | 59.00 | 58.00 | 62.00 | 63.00 | 62.00 | 63.00 | 62.00 | 61.00 |
EBITDA Margin | -9.1% | 1.00* | 1.09* | 1.21* | 1.34* | 1.52* | 1.45* | 1.45* | 1.45* | 1.46* | 1.56* | 1.53* | 1.46* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -2.6% | 82.00 | 85.00 | 87.00 | 92.00 | 84.00 | 85.00 | 78.00 | 77.00 | 74.00 | 59.00 | 59.00 | 55.00 | 56.00 | 55.00 | 53.00 | 55.00 | 55.00 | 54.00 | 54.00 | 53.00 | 54.00 |
Income Taxes | 3.3% | 8.00 | 8.00 | 8.00 | 4.00 | 10.00 | 10.00 | 10.00 | 9.00 | 2.00 | 7.00 | 8.00 | 8.00 | 6.00 | 6.00 | 4.00 | 5.00 | 5.00 | 7.00 | 6.00 | 6.00 | 6.00 |
Earnings Before Taxes | 0.1% | 38.00 | 38.00 | 37.00 | 19.00 | 48.00 | 48.00 | 46.00 | 43.00 | 13.00 | 35.00 | 37.00 | 36.00 | 30.00 | 30.00 | 21.00 | 23.00 | 26.00 | 32.00 | 30.00 | 28.00 | 30.00 |
EBT Margin | -13.8% | 0.27* | 0.31* | 0.36* | 0.43* | 0.54* | 0.46* | 0.46* | 0.46* | 0.47* | 0.58* | 0.56* | 0.50* | - | - | - | - | - | - | - | - | - |
Net Income | -0.7% | 30.00 | 30.00 | 29.00 | 15.00 | 38.00 | 38.00 | 37.00 | 34.00 | 11.00 | 28.00 | 29.00 | 28.00 | 24.00 | 23.00 | 16.00 | 18.00 | 21.00 | 25.00 | 24.00 | 22.00 | 24.00 |
Net Income Margin | -14.1% | 0.21* | 0.25* | 0.29* | 0.34* | 0.43* | 0.37* | 0.37* | 0.37* | 0.37* | 0.46* | 0.44* | 0.39* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 130.5% | 44.00 | 19.00 | 27.00 | 36.00 | 50.00 | 48.00 | 29.00 | 99.00 | 31.00 | 28.00 | 49.00 | 26.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 1.1% | 12,115 | 11,978 | 12,033 | 12,363 | 10,625 | 10,516 | 10,566 | 10,652 | 10,509 | 8,489 | 8,201 | 1,800 | 7,290 | 7,064 | 6,889 | 6,376 | 6,144 | 6,069 | 6,012 | 6,050 | 5,864 |
Cash Equivalents | -13.1% | 238 | 274 | 361 | 713 | 270 | 270 | 434 | 566 | 461 | 394 | 475 | 530 | 367 | 397 | 680 | 376 | 231 | 317 | 339 | 447 | 463 |
Net PPE | -0.7% | 151 | 152 | 152 | 153 | 134 | 134 | 135 | 135 | 136 | 124 | 123 | 123 | 121 | 119 | 115 | 114 | 115 | 137 | 137 | 138 | 119 |
Goodwill | 0% | 479 | 479 | 479 | 479 | 364 | 364 | 364 | 364 | 364 | 132 | 232 | 239 | 239 | 241 | 234 | 234 | 234 | 234 | 234 | 234 | 234 |
Liabilities | 0.2% | 10,743 | 10,720 | 10,735 | 11,063 | 9,593 | 9,531 | 9,504 | 9,535 | 9,278 | 7,560 | 7,296 | 6,860 | 6,396 | 6,183 | 6,021 | 5,514 | 5,291 | 5,234 | 5,197 | 5,262 | 5,100 |
Long Term Debt | 56.8% | 630 | 402 | 482 | 606 | 288 | 226 | 67.00 | 67.00 | 67.00 | - | - | - | 62.00 | - | - | - | - | - | - | - | - |
Shareholder's Equity | 9.1% | 1,372 | 1,258 | 1,298 | 1,300 | 1,032 | 984 | 1,062 | 1,117 | 1,231 | 930 | 905 | 877 | 893 | 881 | 868 | 862 | 852 | 835 | 815 | 788 | 764 |
Retained Earnings | 3.0% | 716 | 696 | 675 | 655 | 648 | 618 | 588 | 559 | 533 | 529 | 508 | 484 | 478 | 460 | 442 | 431 | 418 | 402 | 381 | 360 | 342 |
Shares Outstanding | 0.1% | 41.00 | 41.00 | 41.00 | 41.00 | 36.00 | 35.00 | 35.00 | 35.00 | 30.00 | 28.00 | 28.00 | 28.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,178 | - | - | - | 1,222 | - | - | - | 1,139 | - | - | - | 711 | - | - | - | 1,057 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 121.3% | 45,627 | 20,615 | 28,539 | 36,615 | 51,445 | 48,692 | 30,374 | 100,143 | 31,159 | 30,078 | 50,365 | 30,733 | 24,288 | -10,452 | 30,825 | 13,672 | 17,816 | 8,766 | 7,647 | 17,009 | 22,723 |
Share Based Compensation | -33.2% | 1,153 | 1,727 | 1,127 | 1,118 | 696 | 738 | 1,001 | 547 | 504 | 536 | 831 | 397 | 527 | 605 | 895 | 513 | 522 | 546 | 799 | 403 | 368 |
Cashflow From Investing | -13.6% | -96,325 | -84,827 | -42,591 | 32,378 | -101,845 | -234,048 | -128,441 | -249,025 | -52,667 | -366,117 | -537,040 | -318,053 | -259,117 | -427,853 | -216,139 | -58,430 | -156,258 | -55,098 | -45,865 | -167,465 | -198,446 |
Cashflow From Financing | 165.4% | 14,964 | -22,874 | -338,655 | 374,071 | 51,203 | 20,768 | -33,589 | 253,479 | 88,477 | 255,006 | 431,835 | 450,096 | 204,923 | 155,987 | 488,479 | 189,805 | 52,283 | 24,333 | -69,129 | 134,365 | 127,892 |
Dividend Payments | 0.0% | 9,038 | 9,035 | 9,015 | 7,852 | 7,854 | 7,845 | 7,838 | 7,123 | 5,701 | 5,694 | 5,693 | 5,140 | 5,138 | 5,235 | 5,235 | 5,328 | 3,554 | 3,566 | 3,570 | 2,972 | 2,973 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | 4,036 | 3,167 | 6,269 | 2,432 | 20,000 | - | 3,476 | 6,524 | - | - |
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest Income | |||
Interest and fees on loans | $ 418,668 | $ 278,027 | $ 219,013 |
Interest on investment securities: | |||
Taxable interest income | 52,276 | 53,536 | 32,076 |
Tax-exempt interest income | 4,485 | 4,387 | 2,402 |
Other, principally overnight investments | 13,330 | 5,007 | 2,427 |
Total interest income | 488,759 | 340,957 | 255,918 |
Interest Expense | |||
Interest on deposits | 114,866 | 11,349 | 7,881 |
Interest on borrowings | 27,235 | 4,754 | 1,642 |
Total interest expense | 142,101 | 16,103 | 9,523 |
Net interest income | 346,658 | 324,854 | 246,395 |
Provision for loan losses | 19,750 | 12,600 | 9,611 |
(Reversal of) provision for unfunded commitments | (1,937) | (200) | 5,420 |
Total provision for credit losses | 17,813 | 12,400 | 15,031 |
Net interest income after provision for credit losses | 328,845 | 312,454 | 231,364 |
Noninterest Income | |||
Service charges on deposit accounts | 16,800 | 15,523 | 12,317 |
Other service charges, commissions and fees | 22,270 | 26,294 | 25,516 |
Presold mortgage loan gains | 1,613 | 2,102 | 10,975 |
Commissions from sales of insurance and financial products | 5,503 | 5,195 | 6,947 |
SBA consulting fees | 1,803 | 2,608 | 7,231 |
SBA loan sale gains | 2,489 | 5,076 | 7,329 |
Bank-owned life insurance income | 4,350 | 3,847 | 2,885 |
Securities losses, net | 0 | 0 | (1,237) |
Other gains, net | 2,662 | 7,340 | 1,648 |
Total noninterest income | 57,490 | 67,985 | 73,611 |
Noninterest Expense | |||
Salaries | 114,377 | 96,321 | 86,815 |
Employee benefits | 25,474 | 21,397 | 16,434 |
Total personnel expense | 139,851 | 117,718 | 103,249 |
Occupancy expense | 14,963 | 12,796 | 11,528 |
Equipment related expenses | 6,027 | 5,808 | 4,492 |
Merger and acquisition expenses | 13,695 | 5,072 | 16,845 |
Intangibles amortization | 8,003 | 3,684 | 3,531 |
Other operating expenses | 71,840 | 50,142 | 45,011 |
Total noninterest expense | 254,379 | 195,220 | 184,656 |
Income before income taxes | 131,956 | 185,219 | 120,319 |
Income tax expense | 27,825 | 38,283 | 24,675 |
Net income | $ 104,131 | $ 146,936 | $ 95,644 |
Earnings per common share: Basic (in usd per shares) | $ 2.54 | $ 4.12 | $ 3.19 |
Earnings per common share: Diluted (in usd per share) | 2.53 | 4.12 | 3.19 |
Dividends declared per common share (in usd per shares) | $ 0.88 | $ 0.88 | $ 0.80 |
Weighted average common shares outstanding: | |||
Basic (in shares) | 40,746,772 | 35,485,620 | 29,876,151 |
Diluted (in shares) | 41,164,834 | 35,674,730 | 30,027,785 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks, noninterest-bearing | $ 100,891 | $ 101,133 |
Due from banks, interest-bearing | 136,964 | 169,185 |
Total cash and cash equivalents | 237,855 | 270,318 |
Securities available for sale | 2,189,379 | 2,314,493 |
Securities held to maturity (fair values of $449,623 in 2023 and $432,528 in 2022) | 533,678 | 541,700 |
Presold mortgages and SBA loans in process of settlement | 2,667 | 1,282 |
Loans | 8,150,102 | 6,665,145 |
Allowance for credit losses on loans | (109,853) | (90,967) |
Net loans | 8,040,249 | 6,574,178 |
Premises and equipment, net | 150,957 | 134,187 |
Operating right-of-use lease assets | 17,063 | 18,733 |
Accrued interest receivable | 37,351 | 29,710 |
Goodwill | 478,750 | 364,263 |
Other intangible assets, net | 32,858 | 12,675 |
Bank-owned life insurance | 183,897 | 164,592 |
Other assets | 210,238 | 198,918 |
Total assets | 12,114,942 | 10,625,049 |
Liabilities | ||
Deposits: Noninterest-bearing deposits | 3,379,876 | 3,566,003 |
Interest-bearing deposits | 6,651,723 | 5,661,526 |
Total deposits | 10,031,599 | 9,227,529 |
Borrowings | 630,158 | 287,507 |
Accrued interest payable | 5,699 | 2,738 |
Operating lease liabilities | 17,833 | 19,391 |
Other liabilities | 57,273 | 56,288 |
Total liabilities | 10,742,562 | 9,593,453 |
Commitments and contingencies (see Note 12) | ||
Shareholders’ Equity | ||
Preferred stock | 0 | 0 |
Common stock | 963,990 | 725,153 |
Retained earnings | 716,420 | 648,418 |
Stock in rabbi trust assumed in acquisition | (1,385) | (1,585) |
Rabbi trust obligation | 1,385 | 1,585 |
Accumulated other comprehensive loss | (308,030) | (341,975) |
Total shareholders’ equity | 1,372,380 | 1,031,596 |
Total liabilities and shareholders’ equity | $ 12,114,942 | $ 10,625,049 |