First Bancorp (North Carolina) reports results for the quarter ended in September - Earnings Summary

First Bancorp (North Carolina)

26/10/2022 21:33

* First Bancorp (North Carolina)  FBNC.OQ  reported
quarterly
adjusted earnings of $1.06​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 98 cents per share.
    * Revenue rose 36.2% to $102.25 million from a year ago;
analysts
expected $96.24 million. 
    * First Bancorp (North Carolina)'s reported EPS for the
quarter
was $1.06​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * First Bancorp (North Carolina) shares had risen by 12.9%
this
quarter and lost 9.7% so far this year.
    * The company reported quarterly net income of $37.95
million.
    * Wall Street's median 12-month price target for First
Bancorp
(North Carolina) is $47.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 08:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.98           1.06           Beat
 Jun. 30 2022      1.02           1.04           Beat
 Mar. 31 2022      0.91           1.03           Beat
 Dec. 31 2021      0.53           0.30           Missed