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Upturn AI SWOT - About
FBNC 
First Bancorp (FBNC)
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Upturn Advisory Summary
08/14/2025: FBNC (3-star) is a STRONG-BUY. BUY since 71 days. Profits (26.16%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $53.75
1 Year Target Price $53.75
| 1 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 35.79% | Avg. Invested days 42 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.17B USD | Price to earnings Ratio 22.32 | 1Y Target Price 53.75 |
Price to earnings Ratio 22.32 | 1Y Target Price 53.75 | ||
Volume (30-day avg) 5 | Beta 0.97 | 52 Weeks Range 34.32 - 53.23 | Updated Date 08/15/2025 |
52 Weeks Range 34.32 - 53.23 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 1.68% | Basic EPS (TTM) 2.34 |
Earnings Date
Report Date 2025-07-23 | When After Market | Estimate 0.87 | Actual 0.87 |
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 22.32 | Forward PE 14.64 | Enterprise Value 1587121792 | Price to Sales(TTM) 6 |
Enterprise Value 1587121792 | Price to Sales(TTM) 6 | ||
Enterprise Value to Revenue 5.92 | Enterprise Value to EBITDA - | Shares Outstanding 41462400 | Shares Floating 40689973 |
Shares Outstanding 41462400 | Shares Floating 40689973 | ||
Percent Insiders 3.51 | Percent Institutions 72.91 |
Upturn AI SWOT
First Bancorp
Company Overview
History and Background
First Bancorp was founded in 1948. It has grown from a small community bank to a diversified financial services institution, primarily serving Puerto Rico, the U.S. Virgin Islands and Florida.
Core Business Areas
- Commercial Banking: Offers loans, deposits, and other financial services to businesses of all sizes.
- Retail Banking: Provides personal banking services, including checking and savings accounts, mortgages, and credit cards.
- Wealth Management: Offers investment management, trust, and brokerage services to individuals and families.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other key executives. The organizational structure is hierarchical, with various departments reporting to senior management.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes, including working capital, equipment financing, and real estate. Market share data not publicly available; competition includes Popular (BPOP), OFG Bancorp (OFG), and other regional and national banks.
- Mortgages: Residential mortgage loans for home purchase and refinance. Market share data not publicly available; competition includes Popular (BPOP), OFG Bancorp (OFG), and national mortgage lenders.
- Deposits: Includes checking, savings, and time deposits. Market share data not publicly available; competition includes Popular (BPOP), OFG Bancorp (OFG), and online banks.
Market Dynamics
Industry Overview
The banking industry is subject to regulatory changes, interest rate fluctuations, and economic cycles. Consolidation is also a ongoing trend.
Positioning
First Bancorp is a regional bank with a strong presence in Puerto Rico, U.S. Virgin Islands and Florida. Its competitive advantage lies in its local market knowledge and strong customer relationships.
Total Addressable Market (TAM)
The TAM for banking services in Puerto Rico and the U.S. Virgin Islands is estimated to be several billion dollars. First Bancorp is well positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Strong presence in Puerto Rico and U.S. Virgin Islands
- Diversified business model
- Experienced management team
- Strong customer relationships
- Improving asset quality
Weaknesses
- Geographic concentration
- Sensitivity to economic conditions in Puerto Rico and U.S. Virgin Islands
- Smaller scale compared to larger national banks
- Limited presence in higher growth markets
Opportunities
- Expansion into new markets, particularly in Florida
- Increased demand for financial services in Puerto Rico as the economy recovers
- Acquisitions of smaller banks
- Leveraging technology to improve efficiency and customer service
Threats
- Economic downturn in Puerto Rico and U.S. Virgin Islands
- Increased competition from larger national banks and fintech companies
- Regulatory changes
- Rising interest rates
Competitors and Market Share
Key Competitors
- BPOP
- OFG
- MS
- JPM
- C
Competitive Landscape
First Bancorp faces competition from larger national banks, regional banks, and credit unions. Its advantages include its local market knowledge and customer relationships. Its disadvantages include its smaller scale and geographic concentration.
Major Acquisitions
Oriental Financial Group
- Year: 2022
- Acquisition Price (USD millions): 534.8
- Strategic Rationale: Significantly expanded First Bancorp's presence and market share in Puerto Rico.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been influenced by economic conditions in Puerto Rico and U.S. Virgin Islands.
Future Projections: Analyst estimates vary depending on the source. Growth projections depend on assumptions about economic growth, interest rates, and the company's ability to execute its strategy.
Recent Initiatives: Recent initiatives could include expanding into new markets, launching new products, and improving operational efficiency.
Summary
First Bancorp is a regional bank with a strong presence in Puerto Rico and the U.S. Virgin Islands. The company's financial performance is influenced by economic conditions in these markets. Expansion into new markets, like Florida, is working well to improve their diversity and lower risk. Increased competition and regulatory changes are key threats that need to be monitored.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Press releases
- Analyst reports
- Industry publications
- Company Investor Relations
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share estimates are based on available information and may not be precise. Financial data is subject to change and should be verified with official sources.
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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