First Bancorp
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 324.90M | 407.66M | 541.11M | 530.81M | 543.12M | 2.3% | |
| Cost of Revenue | (24.55M) | (28.50M) | (159.91M) | (203.41M) | (162.32M) | -20.2% | |
Gross Profit | 300.34M | 379.16M | 381.20M | 327.40M | 380.81M | 16.3% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (109.81M) | (125.64M) | (153.16M) | (152.30M) | (156.34M) | 2.7% | |
| General & Administrative | (107.23M) | (122.61M) | (149.11M) | (148.88M) | (154.62M) | 3.9% | |
| Selling & Marketing | (2.58M) | (3.03M) | (4.05M) | (3.42M) | (1.72M) | -49.8% | |
| Depreciation & Amortization | (13.93M) | (15.33M) | (19.21M) | (17.88M) | (10.41M) | -41.8% | |
Operating Income (EBIT) | 120.32M | 185.22M | 131.96M | 98.12M | 144.23M | 47.0% | |
| Non-Operating Items | |||||||
| Interest Income | 255.92M | 340.96M | 488.76M | 519.24M | 557.24M | 7.3% | |
| Interest Expense | (9.52M) | (16.10M) | (142.10M) | (186.97M) | (158.99M) | -15.0% | |
| Other Income/Expenses (Net) | — | — | — | — | -4.73M | — | |
Income Before Tax | 120.32M | 185.22M | 131.96M | 98.12M | 139.50M | 42.2% | |
| Income Tax Expense | (24.68M) | (38.28M) | (27.82M) | (21.90M) | (28.45M) | 29.9% | |
Net Income | 95.64M | 146.94M | 104.13M | 76.22M | 111.05M | 45.7% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $3 | $4 | $3 | $2 | $3 | 44.9% | |
| Weighted Avg Shares Outstanding | 35.63M | 35.49M | 40.75M | 41.02M | 41.35M | 0.8% | |
| Weighted Avg Shares Outstanding (Diluted) | 35.63M | 35.67M | 41.16M | 41.33M | 41.35M | 0.1% | |
EBITDA | 134.25M | 200.55M | 151.17M | 116.00M | 154.64M | 33.3% |
Explore FBNC
FBNC in the Financial Services
Mid Cap