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Upturn AI SWOT - About
FBNC 
First Bancorp (FBNC)
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Upturn Advisory Summary
10/15/2025: FBNC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $56.75
1 Year Target Price $56.75
| 1 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 36.85% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.98B USD | Price to earnings Ratio 20.37 | 1Y Target Price 56.75 |
Price to earnings Ratio 20.37 | 1Y Target Price 56.75 | ||
Volume (30-day avg) 5 | Beta 1.02 | 52 Weeks Range 34.17 - 56.21 | Updated Date 10/17/2025 |
52 Weeks Range 34.17 - 56.21 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 1.92% | Basic EPS (TTM) 2.34 |
Earnings Date
Report Date 2025-10-22 | When After Market | Estimate 0.92 | Actual - |
Profitability
Profit Margin 26.92% | Operating Margin (TTM) 47.14% |
Management Effectiveness
Return on Assets (TTM) 0.79% | Return on Equity (TTM) 6.57% |
Valuation
Trailing PE 20.37 | Forward PE 14.64 | Enterprise Value 1316372224 | Price to Sales(TTM) 5.47 |
Enterprise Value 1316372224 | Price to Sales(TTM) 5.47 | ||
Enterprise Value to Revenue 5.83 | Enterprise Value to EBITDA - | Shares Outstanding 41462418 | Shares Floating 40689144 |
Shares Outstanding 41462418 | Shares Floating 40689144 | ||
Percent Insiders 3.5 | Percent Institutions 76.43 |
Upturn AI SWOT
First Bancorp
Company Overview
History and Background
First Bancorp was founded in 1948 as First Federal Savings and Loan Association of Puerto Rico. It has grown to become a leading financial services provider in Puerto Rico, the U.S. Virgin Islands, and Florida. Key milestones include transitioning to a commercial bank and expanding its product offerings and geographic presence.
Core Business Areas
- Retail Banking: Offers a range of deposit accounts, loans, and other financial services to individual customers.
- Commercial Banking: Provides lending, deposit, and cash management services to businesses of all sizes.
- Wealth Management: Offers investment management, trust, and brokerage services to high-net-worth individuals and institutions.
- Treasury and Investment: Provides security services for corporations and state and local governments
Leadership and Structure
Aurelio Alemu00e1n serves as the President and CEO. The organizational structure consists of various departments including Retail Banking, Commercial Banking, Finance, Risk Management, and Operations, all reporting to the CEO.
Top Products and Market Share
Key Offerings
- Mortgage Loans: Residential mortgage loans are a core product. The total market share is difficult to pin point as many lenders operate within these regions. Competeitors include Popular Inc, Oriental Bank and other mortgage companies.
- Commercial Loans: Loans to businesses for various purposes, including working capital, equipment financing, and real estate. Market share figures are granular. Competitors are Banco Popular, Scotiabank and Oriental Bank.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses.Competitors are Banco Popular, Scotiabank and Oriental Bank.
- Wealth Management Services: Investment advisory and related services to individual and business clients.
Market Dynamics
Industry Overview
The banking industry is influenced by interest rates, economic conditions, and regulatory changes. There is also growing competition from non-bank financial institutions and fintech companies.
Positioning
First Bancorp is a leading bank in Puerto Rico and has a growing presence in the U.S. Virgin Islands and Florida. Its competitive advantages include a strong local brand, extensive branch network, and a diversified product portfolio.
Total Addressable Market (TAM)
The TAM for financial services in Puerto Rico and the U.S. Virgin Islands is estimated at billions of dollars. First Bancorp is well-positioned to capture a significant share of this market. Adding Florida increases the TAM significantly.
Upturn SWOT Analysis
Strengths
- Strong local brand recognition
- Extensive branch network in Puerto Rico
- Diversified product and service offerings
- Experienced management team
- Healthy capital ratios
Weaknesses
- Concentration in Puerto Rico economy
- Exposure to hurricane risk
- Higher operating expenses compared to mainland US banks
- Reliance on government deposits
Opportunities
- Expanding presence in Florida
- Growing wealth management business
- Increasing digital banking adoption
- Capitalizing on economic recovery in Puerto Rico
Threats
- Economic downturn in Puerto Rico
- Increased competition from fintech companies
- Regulatory changes
- Natural disasters
- Rising interest rates
Competitors and Market Share
Key Competitors
- BPPR
- OFG
- UBS
Competitive Landscape
First Bancorp faces competition from other regional banks and national financial institutions. Its advantages include a strong local presence and a focus on customer service. Challenges include increased competition from fintech companies and regulatory pressures.
Major Acquisitions
Chase Manhattan Bank of Puerto Rico Assets
- Year: 2002
- Acquisition Price (USD millions): 71
- Strategic Rationale: Expanded FirstBank's branch network and increased its market share in Puerto Rico.
Banco Santander Puerto Rico branches
- Year: 2012
- Acquisition Price (USD millions): 270
- Strategic Rationale: Further expanded branch network and customer base.
Growth Trajectory and Initiatives
Historical Growth: First Bancorp has experienced moderate growth in recent years, driven by organic growth and strategic acquisitions.
Future Projections: Analysts project continued growth for First Bancorp, driven by expansion in Florida and improving economic conditions in Puerto Rico.
Recent Initiatives: Recent initiatives include expanding digital banking services and increasing focus on wealth management.
Summary
First Bancorp is a strong regional bank with a leading position in Puerto Rico. It is expanding its presence in Florida, which presents a growth opportunity. The bank faces risks from economic conditions, natural disasters, and increasing competition, but its strong local brand and diversified product portfolio should help it navigate these challenges.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Data may be subject to change. Market share figures are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Bancorp
Exchange NASDAQ | Headquaters Southern Pines, NC, United States | ||
IPO Launch date 1992-12-09 | Chairman & CEO Mr. Richard Hancock Moore | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1345 | Website https://localfirstbank.com |
Full time employees 1345 | Website https://localfirstbank.com | ||
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses. The company accepts deposit products, such as checking, savings, and money market accounts; and time deposits, including certificate of deposits and individual retirement accounts. It also offers commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, and letters of credit, as well as loans for personal uses, home improvement, and automobiles; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, safe deposit box rental services, and electronic funds transfer services consisting of wire transfers; and internet and mobile banking, mobile check deposit, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans; property and casualty insurance products; and financial planning services. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
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