First Bancorp (FBNC): Price and Financial Metrics

FBNC POWR Grades

• Stability is the dimension where FBNC ranks best; there it ranks ahead of 83.22% of US stocks.
• The strongest trend for FBNC is in Growth, which has been heading down over the past 47 weeks.
• FBNC's current lowest rank is in the Growth metric (where it is better than 26.83% of US stocks).

FBNC Stock Summary

• FBNC's went public 28.78 years ago, making it older than 78.66% of listed US stocks we're tracking.
• FBNC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.53% of US stocks.
• With a year-over-year growth in debt of -40.49%, First Bancorp's debt growth rate surpasses just 12.68% of about US stocks.
• If you're looking for stocks that are quantitatively similar to First Bancorp, a group of peers worth examining would be TRMK, WABC, RVSB, GNTY, and CFFI.
• Visit FBNC's SEC page to see the company's official filings. To visit the company's web site, go to www.localfirstbank.com.

FBNC Valuation Summary

• FBNC's price/sales ratio is 4; this is 233.33% higher than that of the median Financial Services stock.
• Over the past 243 months, FBNC's EV/EBIT ratio has gone down 7.1.
• FBNC's EV/EBIT ratio has moved down 7.1 over the prior 243 months.

Below are key valuation metrics over time for FBNC.

FBNC Growth Metrics

• The 3 year net cashflow from operations growth rate now stands at 7.21%.
• The 5 year price growth rate now stands at 27.94%.
• Its year over year revenue growth rate is now at 3.18%.

FBNC's revenue has moved up $158,728,000 over the prior 70 months.

The table below shows FBNC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	296.137	93.676	104.424
2021-03-31	277.462	74.136	91.491
2020-12-31	264.429	57.075	81.477
2020-09-30	257.273	51.861	78.712
2020-06-30	257.721	71.079	80.434
2020-03-31	268.908	47.901	87.941

FBNC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• FBNC has a Quality Grade of C, ranking ahead of 44.09% of graded US stocks.
• FBNC's asset turnover comes in at 0.039 -- ranking 191st of 437 Banking stocks.
• EWBC, BANR, and HTLF are the stocks whose asset turnover ratios are most correlated with FBNC.

The table below shows FBNC's key quality metrics over time.