A Look At First Bancorp (FBNC) Valuation As P/E And DCF Send Mixed Signals
First Bancorp (FBNC) stock has seen a 39.5% year-to-date total return, currently trading at US$55.19. While its Price-to-Earnings (P/E) ratio of 20.7x suggests it's overvalued compared to its fair P/E and banking peers, a Discounted Cash Flow (DCF) model indicates it may be undervalued at $55.19, with an intrinsic value of $96.81. This divergence highlights mixed signals for investors, prompting further investigation into the company's fundamentals and risks.
A Look At First Bancorp (FBNC) Valuation As P/E And DCF Send Mixed Signals
First Bancorp (FBNC) is showing mixed valuation signals, with a high P/E ratio of 20.7x suggesting overvaluation compared to its fair P/E estimate of 16.3x and the broader US Banks industry average. However, a Discounted Cash Flow (DCF) model indicates the stock at $55.19 is undervalued, with a fair value estimate of $96.81. This discrepancy prompts investors to consider which valuation method is more relevant for regional banks and their own portfolios.
First BanCorp’s Insulated Moat and Pristine Credit Profile Signal a Compounding Setup for Patient Value Investors
First BanCorp (FBNC) is presented as a compelling investment for value investors due to its dominant position in Puerto Rico, strong financial performance, and pristine asset quality. The bank's insulated market and robust capital ratios contribute to a predictable earnings stream, despite its speculative-grade credit rating. Key watchpoints include maintaining its net interest margin and non-performing loan ratio in upcoming financial reports.
[SCHEDULE 13G/A] FIRST BANCORP /NC/ Amended Passive Investment Disclosure
This SEC filing (SCHEDULE 13G/A) for First Bancorp /NC/ (FBNC) indicates that The Vanguard Group now reports beneficial ownership of 0 shares (0%) of Common Stock. This change is due to an internal realignment within Vanguard, where certain subsidiaries will now report ownership separately, in accordance with SEC Release No. 34-39538. The filing is administrative, confirming Vanguard's reporting change and stating no shared or sole voting or dispositive power over FBNC common stock.
First Bancorp declares $0.37 quarterly dividend, 5.31% yield based on $27.88 close
First Bancorp (FNLC) has declared a $0.37 per share quarterly cash dividend for Q1 2026, payable on April 17, 2026, to shareholders of record as of April 7, 2026. This annualized dividend of $1.48 implies a 5.31% yield based on the stock's closing price of $27.88. First Bancorp serves Mid-Coast and Down East Maine through its First National Bank.
The First Bancorp sets April payout for 37-cent quarterly dividend
The First Bancorp (NASDAQ: FNLC) has declared a quarterly cash dividend of 37 cents per share, payable on April 17, 2026, to shareholders of record as of April 7, 2026. This dividend represents an annualized yield of 5.31% based on the March 25, 2026 closing price of $27.88 per share. The company, headquartered in Damariscotta, Maine, operates First National Bank with offices across Mid-Coast and Down East Maine.
5.31% yield: First Bancorp (NASDAQ: FNLC) sets Q1 2026 dividend
First Bancorp (NASDAQ: FNLC) has declared a quarterly cash dividend of $0.37 per share for the first quarter of 2026. This dividend, payable on April 17, 2026, to shareholders of record as of April 7, 2026, represents an annualized yield of 5.31% based on the closing share price of $27.88 on March 25, 2026. The declaration continues the bank's practice of returning cash to shareholders and was announced via an 8-K filing with the SEC.
First Bancorp Inc (ME) stock faces pressure amid shifting regional bank dynamics and interest rate outlook
First Bancorp Inc (ME) (FNLC) is navigating a stable yet cautious regional banking environment, demonstrating resilience in its deposit base despite challenges in net interest margins. US investors are monitoring its steady dividend and local market positioning, seeing it as a defensive play amidst interest rate uncertainties and broader banking sector adjustments. The article highlights FNLC's strong capital position, prudent underwriting, and potential upside from the Northeast economic recovery.
First Bancorp (NASDAQ: FBNC) details 2025 results and executive pay in proxy
First Bancorp (NASDAQ: FBNC) has released its definitive proxy statement for its April 28, 2026 annual meeting, detailing strong financial performance in 2025 with a net income of $111.0 million and an adjusted diluted EPS of $4.01. The proxy includes proposals for electing 11 directors, ratifying Crowe LLP as auditors, and a non-binding Say-on-Pay vote for executive compensation. Executive compensation is structured around a pay-for-performance philosophy, aligning executive interests with shareholder value through base salaries, annual incentive plans (AIP), and long-term incentive plans (LTIP).
First BanCorp (NYSE: FBP) EVP exercises PSUs, 8,291 shares withheld for taxes
First BanCorp's EVP and General Counsel, Sara Alvarez-Cabrero, exercised 15,121 performance share units into common stock. To cover tax obligations, 8,291 shares were withheld at $20.57 per share. Following these transactions, she directly holds 76,486 common shares and 17,341 outstanding Performance Share Units.
First Bancorp CEO Retirement Puts Focus On Leadership Continuity And Dividends
First Bancorp's CEO, Michael G. Mayer, CFO of First Bank, is retiring, though he will remain on the Board of Directors. This leadership transition raises questions for investors about how the company's priorities and succession planning will evolve. The bank's recent dividend declaration, stable capital, liquidity, and credit quality suggest a continued focus on capital return during this period of change.
First Bancorp Raises Quarterly Dividend to $0.24 a Share; Payable April 27 to Holders of Record as of March 31
First Bancorp has announced an increase in its quarterly cash dividend to $0.24 per share. The dividend is scheduled to be paid on April 27, 2026, to shareholders who are on record as of March 31, 2026. This announcement indicates a positive financial move by the company for its investors.
First Bancorp Raises Quarterly Dividend Amid Strong Results
First Bancorp has announced a quarterly cash dividend of $0.24 per share, payable on April 27, 2026, to shareholders of record as of March 31, 2026. This increase is supported by the company's strong fourth-quarter performance, solid capital, and stable credit quality. TipRanks' AI Analyst, Spark, rates FBNC as "Outperform" due to its financial strength, positive technicals, and recent corporate dividend actions, despite valuation concerns.
First Bancorp (NASDAQ: FBNC) boosts cash dividend to $0.24
First Bancorp announced its board of directors declared a cash dividend of $0.24 per share, payable on April 27, 2026, to shareholders of record as of March 31, 2026. CEO Richard Moore stated that this decision reflects strong fourth-quarter financial performance, including solid capital and liquidity, stable credit quality, and significant growth in adjusted net income and EPS. First Bancorp, based in Southern Pines, NC, has total assets of $12.7 billion and operates 113 First Bank branches in North and South Carolina, in addition to a national SBA lending platform.
First Bancorp declares $0.24 per share quarterly dividend
First Bancorp (NASDAQ:FBNC) has announced a quarterly cash dividend of $0.24 per share, payable on April 27, 2026, to shareholders of record as of March 31, 2026. This marks the company's 39th consecutive year of dividend payments, reflecting a commitment to returning capital to shareholders. The bank holding company, with $12.7 billion in assets and 113 branches, also recently reported strong fourth-quarter earnings and leadership changes.
First Bancorp Raises Quarterly Cash Dividend to $0.24; Payable Apr 27
First Bancorp announced a quarterly cash dividend of $0.24 per common share, payable on April 27, 2026, to shareholders of record as of March 31, 2026. The company's CEO attributed the dividend increase to strong Q4 performance, robust capital and liquidity, and stable credit quality, highlighting growth in adjusted net income and EPS. This information is based on an original SEC filing by FIRST BANCORP /NC/ [FBNC].
Regional lender First Bancorp lifts payout with $0.24 dividend
First Bancorp (NASDAQ: FBNC) has declared a cash dividend of $0.24 per share, payable on April 27, 2026, to shareholders of record as of March 31, 2026. This increase reflects the company's strong fourth-quarter performance, solid capital and liquidity, and stable credit quality. The regional lender, headquartered in Southern Pines, North Carolina, has total assets of $12.7 billion and operates 113 branches across North Carolina and South Carolina.
Schroder Investment Management Group Purchases 163,026 Shares of First Bancorp $FBNC
Schroder Investment Management Group has significantly increased its stake in First Bancorp (NASDAQ:FBNC) by 39.4%, now holding 576,596 shares valued at approximately $30.5 million. The financial services provider also recently raised its quarterly dividend to $0.24 per share, and analysts rate the stock with a "Moderate Buy" consensus and an average target price of $61.25. Insider selling activity was also noted, with 10,142 shares sold by insiders over the last three months.
Victory Capital Management Inc. Has $28.23 Million Stock Holdings in First Bancorp $FBNC
Victory Capital Management Inc. reduced its stake in First Bancorp (FBNC) by 5.0% in Q3, now holding 533,781 shares valued at $28.23 million, representing approximately 1.29% of the company. Insiders continued selling, with director Mary Clara Capel selling 5,000 shares in February, and current insider ownership stands at 1.82%. First Bancorp exceeded EPS estimates for the quarter at $1.19, though revenue missed expectations, and the company announced an increased quarterly dividend of $0.24 per share.
Independent Bank, Hope Bancorp, German American Bancorp, FirstSun Capital Bancorp, and First Bancorp Shares Plummet, What You Need To Know
Shares of Independent Bank, Hope Bancorp, German American Bancorp, FirstSun Capital Bancorp, and First Bancorp plummeted due to growing investor concerns about regional banks' exposure to the opaque private credit market. This anxiety was fueled by Western Alliance Bancorporation writing off a significant loan and BlackRock slashing the value of a private loan to zero, highlighting potential hidden risks within the non-bank lending sector. Despite the market overreaction, some see these drops as potential buying opportunities for high-quality stocks.
Is First Bancorp (FBNC) Pricing Reflect Long Term Gains And Recent Regional Bank Repricing
This article analyzes the valuation of First Bancorp (FBNC) using two approaches: Excess Returns Analysis and Price vs. Earnings (P/E). While the Excess Returns model suggests FBNC is 42.2% undervalued, its current P/E of 21.01x is above the industry average, indicating it might be overvalued based on earnings. The article also mentions recent reassessments of regional banks and introduces "Narratives" on Simply Wall St for personalized valuation perspectives.
Is First Bancorp (FBNC) Pricing Reflect Long Term Gains And Recent Regional Bank Repricing
This article analyzes whether First Bancorp's (FBNC) current share price reflects its true value, considering recent repricing of regional banks. Using an Excess Returns model, Simply Wall St suggests FBNC stock is 42.2% undervalued, with an estimated intrinsic value of $96.81 per share compared to its current price of $55.93. However, its P/E ratio of 21.01x, which is above the industry average, indicates it might be overvalued when compared to Simply Wall St's Fair Ratio of 16.37x.
Independent Bank, Hope Bancorp, German American Bancorp, FirstSun Capital Bancorp, and First Bancorp Shares Plummet, What You Need To Know
Shares of several regional banks, including Independent Bank, Hope Bancorp, German American Bancorp, FirstSun Capital Bancorp, and First Bancorp, fell due to growing investor concerns about the banking sector's exposure to the opaque private credit market. These concerns were exacerbated by Western Alliance Bancorporation writing off a significant loan default and a BlackRock report slashing the value of a private loan to zero. The article highlights that while market overreactions can create buying opportunities, these events point to potential hidden risks and deteriorating loan quality within the financial industry, impacting stock volatility.
A Look At First Bancorp (FBNC) Valuation After CEO Retirement, Board Changes And Analyst Upgrade
First Bancorp (FBNC) is under scrutiny following its CEO's retirement, board changes, and an analyst upgrade. The stock is currently trading at a P/E of 21.8x, which is higher than its peers and its estimated fair ratio, suggesting it might be overvalued based on current earnings. However, a Discounted Cash Flow (DCF) model suggests a significant discount to its intrinsic value, creating conflicting signals for investors regarding potential buying opportunities.
First Bank eyes expansion following CEO succession
First Bank has completed a multi-year CEO transition following Mayer's retirement and is now focusing on growth opportunities. This succession signifies a new phase for the bank, with an emphasis on expanding its operations.
1 Russell 2000 Stock to Target This Week and 2 That Underwhelm
This article identifies one Russell 2000 stock, BrightSpring Health Services (BTSG), as a potential strong performer due to its significant revenue growth and large revenue base. Conversely, it cautions against First Bancorp (FBNC) and Eastern Bank (EBC), citing slow revenue growth, inferior net interest margins, and declining tangible book value per share as reasons for concern. The piece emphasizes the challenges and opportunities within the small-cap market.
First Bancorp (NASDAQ:FBNC) Given Average Recommendation of "Moderate Buy" by Analysts
Analysts have given First Bancorp (NASDAQ:FBNC) an average recommendation of "Moderate Buy," with a consensus 12-month target price of $61.25. The company recently reported better-than-expected EPS ($1.19 vs. $1.03 consensus) but missed revenue estimates, and increased its quarterly dividend to $0.24 per share. Institutional investors have significantly increased their stakes in FBNC, while an insider recently sold shares.
Does First Bancorp (FBNC)’s Liquidity Playbook Clarify or Complicate Its Profitability Story?
First Bancorp's latest 10-K report highlights its efforts to strengthen liquidity and capital through a diversified deposit base and higher-yielding securities, resulting in increased shareholders' equity and a strong CET1 ratio. However, the report also reveals weak revenue growth, a low net interest margin, and a shift towards variable-rate loans, raising concerns about interest rate risk and the stock's valuation. Investors must weigh the bank's capital strength against its profitability risks, as fair value estimates for FBNC vary significantly among analysts.
Ex-Dividend Reminder: Kinsale Capital Group, First Bancorp and Cognex
Kinsale Capital Group, First Bancorp, and Cognex Corp are set to trade ex-dividend on February 26, 2026, for their upcoming quarterly dividends. Kinsale will pay $0.25, First Bancorp $0.20, and Cognex Corp $0.085. Investors should expect their stock prices to open slightly lower on the ex-dividend date, reflecting the dividend payout.
First Bancorp (NASDAQ:FBNC) Reaches New 52-Week High - Should You Buy?
First Bancorp (NASDAQ:FBNC) recently hit a new 52-week high of $62.64, closing at $62.27 with significant trading volume. Despite mixed analyst ratings, the consensus remains a "Moderate Buy" with a target price of $61.25. The company exceeded EPS expectations but missed on revenue, raised its quarterly dividend, and has seen recent insider selling.
First Bancorp Gains Traction During Rotation Activity In The Nasdaq Index
First Bancorp (NASDAQ:FNLC) has garnered market attention by moving above its long-term average within the Nasdaq Index. The focus is attributed to the company's stable margins, capital efficiency, and alignment with regional economic trends, as well as broader sector rotation activity. Its balance sheet, characterized by moderate leverage and adequate liquidity, supports its lending and deposit management operations.
Public Sector Pension Investment Board Increases Stake in First Bancorp $FBNC
The Public Sector Pension Investment Board increased its stake in First Bancorp (NASDAQ:FBNC) by 14.5% to 161,719 shares ($8.55 million), contributing to a total institutional ownership of 68.36%. The company reported Q4 EPS of $1.19, exceeding estimates, and raised its quarterly dividend to $0.24, marking an annualized yield of 1.6%. Despite mixed analyst ratings, the consensus remains a "Moderate Buy" with a target price of $61.25.
First Bank’s CEO Adam Currie elected director of the Federal Reserve Bank of Richmond
Adam Currie, President and CEO of First Bank, has been elected as a Class A director of the Federal Reserve Bank of Richmond for a 2025–2027 term. Currie brings over 20 years of financial services expertise and will contribute to the economic vitality of the region by providing insights into regional economic conditions and banking industry needs. This role supports the Federal Reserve's mission to foster economic stability in the Fifth Federal Reserve District.
First Bancorp (NASDAQ:FBNC) Stock Price Passes Above 200-Day Moving Average - Should You Sell?
First Bancorp (NASDAQ:FBNC) shares have risen above their 200-day moving average, trading at $60.93 against a $52.87 average, indicating a technical breakout. Analyst ratings are mixed but generally lean towards a "Moderate Buy" with a consensus target of $61.25. The company recently beat EPS estimates, missed revenue expectations, and increased its quarterly dividend to $0.24.
First Bank's CEO Adam Currie Elected Director of the Federal Reserve Bank of Richmond
Adam Currie, President and CEO of First Bank, has been elected as a Class A Director of the Federal Reserve Bank of Richmond for the 2025–2027 term. Currie brings over 20 years of financial services expertise and will provide insights into regional economic conditions and banking industry needs. First Bank, headquartered in Southern Pines, N.C., is a community-focused bank operating 113 branches in North Carolina and South Carolina with approximately $12.7 billion in assets.
Piper Sandler Downgrades First Bancorp to Neutral From Overweight, Lifts Price Target to $64 From $58
Piper Sandler has downgraded First Bancorp (FBNC) from Overweight to Neutral while increasing its price target to $64 from $58. This adjustment reflects a revised outlook on the banking institution's future performance. The article also touches upon recent news regarding First BanCorp's CFO retirement and other company updates.
First Bancorp Inc (ME): Quiet Regional Player Faces Choppy Tape As Investors Reprice Small-Cap Banks
First Bancorp Inc (ME) is experiencing a modest pullback, reflecting broader pressures on regional financials due to changing interest rate expectations and credit risk, but maintains a positive one-year investment performance including dividends. Despite limited analyst coverage and sparse news, the bank's traditional community model and conservative management suggest a steady outlook, though its future depends on interest rate paths, credit quality in its local markets, and competition for deposits. Investors are watching for clearer signals in the regional banking cycle, with the stock currently reflecting cautious optimism.
Assessing First Bancorp (FBNC) Valuation After Dividend Increase And Boardroom Change
First Bancorp (FBNC) is under scrutiny after a dividend increase and a board retirement, following a strong year where shares gained 44.36%. Despite trading at a 35.72% intrinsic discount, its current P/E ratio of 23.2x is significantly higher than industry averages, raising questions about whether future growth is already priced in. The company shows strong earnings growth and revenue forecasts, but its return on equity remains low, suggesting potential limits to P/E expansion if profitability doesn't improve.
First Bancorp stock hits all-time high at 62.32 USD By Investing.com
First Bancorp (FBNC) stock has reached a new all-time high of $62.32, marking a 35.27% increase over the past year. This achievement is supported by strong financial performance, a low PEG ratio of 0.51 suggesting attractive valuation, and 39 consecutive years of dividend payments. Analysts remain optimistic, with a target price of $68, following positive Q4 earnings fueled by stronger fees and healthy credit trends.
First Bancorp stock hits all-time high at 62.32 USD
First Bancorp (FBNC) stock reached an all-time high of $62.32, marking a 35.27% increase over the past year. This achievement is backed by investor confidence, a PEG ratio of 0.51, 39 consecutive years of dividend payments, and optimistic analyst ratings with a high price target of $68. Recent positive news for the company includes exceeding fourth-quarter earnings, a raised price target from Raymond James, and a declared quarterly cash dividend.
First Bancorp stock hits all-time high at 62.32 USD By Investing.com
First Bancorp's stock has reached an all-time high of $62.32, surpassing its previous 52-week high and reflecting a 35.27% increase over the past year. This achievement is backed by strong market performance, a PEG ratio of 0.51, 39 consecutive years of dividend payments with a 1.51% yield, and optimistic analyst ratings with a price target of $68. Recent positive financial results, including strong fourth-quarter earnings and a dividend announcement, further bolster investor confidence.
First Bancorp stock hits all-time high at 62.32 USD By Investing.com
First Bancorp's stock has reached an all-time high of $62.32, marking a 35.27% increase over the past year and reflecting strong investor confidence. The company maintains an attractive valuation with a PEG ratio of 0.51 and has consistently paid dividends for 39 years. Analysts are optimistic, with a high price target of $68, especially after the bank reported strong fourth-quarter earnings and a dividend announcement.
First Bancorp (NASDAQ:FBNC) Receives Average Recommendation of "Moderate Buy" from Brokerages
First Bancorp (NASDAQ:FBNC) has received a consensus "Moderate Buy" rating from seven brokerages, with an average 12-month price target of $58.00. The company recently increased its quarterly dividend to $0.24, resulting in a 1.6% yield, and reported Q4 EPS of $1.19, exceeding estimates, though revenue for the quarter missed expectations. Institutional investors hold a significant portion of the stock, while insiders have been net sellers.
Insider Sell: Mary Capel Sells 5,000 Shares of First Bancorp (FBNC)
Mary Capel, a retired board member of First Bancorp (FBNC), recently sold 5,000 shares of the company, bringing her total ownership to 20,399.6201 shares. Over the past year, Capel has sold 10,142 shares with no purchases, contributing to a total of 2 insider buys and 6 insider sells for First Bancorp. The stock is currently trading at $59.31, with a high price-earnings ratio and a price-to-GF-Value ratio of 1.53, indicating it is significantly overvalued according to GuruFocus's intrinsic value estimate.
Insider Selling: First Bancorp (NASDAQ:FBNC) Insider Sells 5,000 Shares of Stock
First Bancorp (NASDAQ:FBNC) director Mary Clara Capel recently sold 5,000 shares of the company's stock for $59.31 per share, totaling $296,550. This transaction, along with recent sales in late January, reduced her holdings by nearly 20%. The company also increased its quarterly dividend to $0.24 and reported mixed quarterly results, beating EPS estimates but missing revenue expectations.
First Bancorp (FBNC) Is Up 5.0% After Strong 2025 Earnings, Dividend Hike And Board Transition
First Bancorp (FBNC) reported strong fourth-quarter and full-year 2025 earnings, leading to a 5.0% stock jump, a dividend increase to US$0.24 per share, and a governance transition with a director's retirement. The company's improved profitability and dividend hike reinforce its investment narrative, although its price-to-earnings multiple suggests the market has already factored in much of this progress. Investors are encouraged to consider various perspectives on the valuation and risks associated with loan growth and board changes.
First Bancorp (FBNC) Is Up 5.0% After Strong 2025 Earnings, Dividend Hike And Board Transition
First Bancorp (FBNC) reported strong fourth-quarter and full-year 2025 earnings, leading to a 5.0% stock price increase. The company also raised its quarterly cash dividend to US$0.24 per share and saw the retirement of a long-serving board director. With improved profitability and increased dividends, investors are weighing the impact of these developments against the bank's credit and growth risks.
Insider Sell: Mary Capel Sells Shares of First Bancorp (FBNC)
Mary Capel, a retired board member of First Bancorp (FBNC), sold 2,642 shares of the company on January 30, 2026, reducing her holdings to 25,399.6201 shares. This transaction is part of a pattern where she has sold 5,142 shares over the past year without any purchases. Currently, First Bancorp is considered significantly overvalued with a price-to-GF-Value ratio of 1.49, trading at $57.75 against a GF Value of $38.81.
First Bancorp (NASDAQ:FBNC) Insider Mary Clara Capel Sells 2,642 Shares
First Bancorp (NASDAQ:FBNC) insider Mary Clara Capel sold 2,642 shares of the company's stock on January 30th for approximately $152,575.50, reducing her ownership by 9.42%. This sale followed another transaction on January 28th, bringing her total holdings to 25,400 shares. The company recently reported strong quarterly earnings, beating estimates, and increased its quarterly dividend.
First Bancorp: Retired board member Capel sells $152,567 in stock
Mary Clara Capel, a retired board member of First Bancorp, sold 2,642 shares of common stock for $152,567. This transaction follows First Bancorp's strong earnings report, dividend announcement, and positive analyst ratings from Raymond James and Piper Sandler, who raised their price targets and ratings. Capel's retirement marked the end of nearly 70 years of her family's service to the institution.
