First Bancorp (North Carolina) reports results for the quarter ended June 30 - Earnings Summary

First Bancorp (North Carolina)

22/07/2026 22:29

First Bancorp (North Carolina) FBNC.OQ reported quarterly adjusted earnings of $1.22​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 93 cents.  The mean expectation of five analysts for the quarter was for earnings of $1.15 per share. Wall Street expected results to range from $1.11  to $1.20 per share.
Revenue rose 14.7% to $127.30 million from a year ago; analysts expected $126.07 million. 
First Bancorp (North Carolina)'s reported EPS for the quarter was $1.22​.
The company reported quarterly net income of $50.52 million.
First Bancorp (North Carolina) shares had risen by 0.9% this quarter and gained 27.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy" 
Wall Street's median 12-month price target for First Bancorp (North Carolina) is $67.00, about 3.7% above its last closing price of $64.49
This summary was machine generated from LSEG data July 22 at 09:29 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.15
1.22
Beat
Mar. 31 2026 
1.09
1.13
Beat
Dec. 31 2025 
1.04
1.19
Beat
Sep. 30 2025 
0.92
1.01
Beat