First Bancorp (North Carolina) reports results for the quarter ended September 30 - Earnings Summary
First Bancorp (North Carolina) reports results for the quarter ended September 30 - Earnings Summary
First Bancorp (North Carolina) FBNC.OQ reported quarterly adjusted earnings of $1.24 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.01. The mean expectation of five analysts for the quarter was for earnings of $1.18 per share. Wall Street expected results to range from $1.14 to $1.22 per share.
Revenue rose 45% to $129.91 million from a year ago; analysts expected $130.01 million.
First Bancorp (North Carolina)'s reported EPS for the quarter was $1.24.
The company reported quarterly net income of $51.28 million.
First Bancorp (North Carolina) shares had risen by 0.8% this quarter and gained 21.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.1% 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 $69.00, about 10.8% above its last closing price of $61.57
This summary was machine generated from LSEG data October 21 at 09:48 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 |
Sep. 30 2026 | 1.18 | 1.24 | Beat |
Jun. 30 2026 | 1.15 | 1.22 | Beat |
Mar. 31 2026 | 1.09 | 1.13 | Beat |
Dec. 31 2025 | 1.04 | 1.19 | Beat |
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First Bancorp (North Carolina) reports results for the quarter ended September 30 - Earnings Summary
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