First Bancorp-Southern Pines NC

First Bancorp-Southern Pines NC Stock Forecast & Price Prediction

Live First Bancorp-Southern Pines NC Stock (FBNC) Price
$48.07

3

Ratings

  • Buy 2
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$48.07

P/E Ratio

19.38

Volume Traded Today

$273,657

Dividend

$0.22

52 Week High/low

50.34/29.53

First Bancorp-Southern Pines NC Market Cap

$1.99B

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FBNC Summary

The First Bancorp-Southern Pines NC (FBNC) share price is expected to increase by 7.4% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered FBNC. Price targets range from $47.25 at the low end to $56 at the high end. The current analyst consensus for FBNC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

FBNC Analyst Ratings

About 3 Wall Street analysts have assignedFBNC 2 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect First Bancorp-Southern Pines NC to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FBNC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

FBNC stock forecast by analyst

These are the latest 20 analyst ratings of FBNC.

Analyst/Firm

Rating

Price Target

Change

Date

Wood Lay
Keefe, Bruyette & Woods

Outperform

$56

Maintains

Dec 4, 2024
Wood Lay
Keefe, Bruyette & Woods

Outperform

$45

Maintains

Jul 25, 2024
Stephen Scouten
Piper Sandler

Overweight

$32

Maintains

Oct 26, 2023
Kevin Fitzsimmons
DA Davidson

Buy

$34

Upgrade

Sep 14, 2023

Raymond James

Market Perform


Downgrade

Jul 31, 2023

Keefe, Bruyette & Woods

Outperform


Maintains

Jul 27, 2023
Daniel Tamayo
Raymond James

Outperform

$36

Maintains

May 1, 2023
Stephen Scouten
Piper Sandler

Overweight

$39

Maintains

Apr 27, 2023
Brady Gailey
Keefe, Bruyette & Woods

Outperform

$42

Maintains

Apr 27, 2023
Daniel Tamayo
Raymond James

Outperform

$43

Maintains

Apr 6, 2023
Daniel Tamayo
Raymond James

Market Outperform

$45

Maintains

Jan 30, 2023
Stephen Scouten
Piper Sandler

Overweight

$45

Maintains

Jan 26, 2023
Daniel Tamayo
Raymond James

Outperform

$49

Maintains

Oct 31, 2022
David Long
Raymond James

Outperform

$41

Maintains

Oct 6, 2022
Stephen Scouten
Piper Sandler

Overweight

$47

Upgrade

Aug 18, 2022
Kevin Fitzsimmons
DA Davidson

Neutral

$42

Downgrade

Aug 1, 2022
Daniel Tamayo
Raymond James

Outperform

$43

Maintains

Aug 1, 2022
Daniel Tamayo
Raymond James

Outperform

$40

Maintains

Jun 23, 2022
Daniel Tamayo
Raymond James

Outperform

$44

Maintains

May 2, 2022

Raymond James

Outperform


Initiates

Feb 28, 2022

FBNC Company Information

What They Do: Provides comprehensive banking products and services.

Business Model: The company operates as a bank holding entity, generating revenue through a variety of banking products including deposit accounts, loans for personal and commercial purposes, and investment services. It earns interest income from loans and fees from services such as credit cards, electronic funds transfers, and financial planning.

Other Information: Founded in 1934 and headquartered in Southern Pines, North Carolina, the company also offers insurance products and has a strong focus on small to medium-sized businesses, making it a versatile player in the regional banking sector.
FBNC
First Bancorp-Southern Pines NC (FBNC)

When did it IPO

1992

Staff Count

1,396

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Richard Hancock Moore

Market Cap

$1.99B

First Bancorp-Southern Pines NC (FBNC) Financial Data

In 2023, FBNC generated $404.3M in revenue, which was a increase of 2.82% from the previous year. This can be seen as a signal that FBNC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$298.9M

Revenue From 2021

$320.0M

7.05 %
From Previous Year

Revenue From 2022

$393.2M

22.89 %
From Previous Year

Revenue From 2023

$404.3M

2.82 %
From Previous Year
  • Revenue TTM $362.6M
  • Operating Margin TTM 29.3%
  • Gross profit TTM $0
  • Return on assets TTM 0.8%
  • Return on equity TTM 7.5%
  • Profit Margin 28.2%
  • Book Value Per Share 35.74%
  • Market capitalisation $1.99B
  • Revenue for 2021 $320.0M
  • Revenue for 2022 $393.2M
  • Revenue for 2023 $404.3M
  • EPS this year (TTM) $2.48

First Bancorp-Southern Pines NC (FBNC) Latest News

News Image

Fri, 29 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Bancorp (FBNC) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating increased optimism about its earnings prospects, which may lead to potential stock price growth.

Why It Matters - First Bancorp's upgrade to a Strong Buy indicates strong earnings potential, likely boosting investor confidence and driving the stock price up in the short term.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - First Bancorp (NASDAQ: FBNC) announced its third quarter earnings on October 23, 2024. Further details on performance are expected in the full report.

Why It Matters - First Bancorp's Q3 earnings report can impact its stock price, indicating financial health and growth potential. Investors will analyze the results for insights into profitability and future performance.

News Image

Wed, 23 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Bancorp (FBNC) reported Q3 earnings of $0.70 per share, surpassing the Zacks estimate of $0.69 but down from $0.73 per share in the same quarter last year.

Why It Matters - FBNC's earnings beat estimates, indicating strong performance despite a year-over-year decline, which may impact stock valuation and investor sentiment positively.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FHLBank Atlanta has elected directors for North Carolina, Virginia, an independent directorship, and a public interest directorship. Terms start January 1, 2025, and last four years.

Why It Matters - The election results for the FHLBank Atlanta can influence regional financial stability and banking policies, impacting investment strategies and market confidence in the area.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First Bancorp (FBNC) is expected to report earnings that may exceed forecasts, driven by favorable key indicators. Investors should stay informed ahead of the earnings release.

Why It Matters - First Bancorp's anticipated earnings beat signals potential stock price appreciation, impacting investor returns and market confidence in the company's financial health.

News Image

Fri, 13 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - First BanCorp.'s 2024 earnings estimate is raised due to effective expense control. Expected mid-single-digit loan growth could drive earnings, with a target price indicating 7.9% upside and a 3.2% dividend yield.

Why It Matters - First BanCorp's improved expense control and raised earnings estimates indicate strong financial health, with projected loan growth and a 7.9% upside, alongside a 3.2% dividend yield, enhancing its attractiveness.

...

FBNC Frequently asked questions

The highest forecasted price for FBNC is $56 from Wood Lay at Keefe, Bruyette & Woods.

The lowest forecasted price for FBNC is $47.25 from from

The FBNC analyst ratings consensus are 2 buy ratings, 1 hold ratings, and 0 sell ratings.