FBNC
Income statement / Annual
Last year (2024), First Bancorp's total revenue was $530.81 M,
a decrease of 1.90% from the previous year.
In 2024, First Bancorp's net income was $76.22 M.
See First Bancorp,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$530.81 M |
$541.11 M |
$407.66 M |
$324.90 M |
$318.48 M |
$308.70 M |
$289.58 M |
$226.08 M |
$166.79 M |
$155.52 M |
| Cost of Revenue |
$203.42 M
|
$159.91 M
|
$28.50 M
|
$24.55 M
|
$54.60 M
|
$36.17 M
|
$20.19 M
|
$13.39 M
|
$7.58 M
|
$6.13 M
|
| Gross Profit |
$327.40 M
|
$381.20 M
|
$379.16 M
|
$300.34 M
|
$263.88 M
|
$272.53 M
|
$269.40 M
|
$212.69 M
|
$159.21 M
|
$149.39 M
|
| Gross Profit Ratio |
0.62
|
0.7
|
0.93
|
0.92
|
0.83
|
0.88
|
0.93
|
0.94
|
0.95
|
0.96
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$148.88 M
|
$149.11 M
|
$122.61 M
|
$107.24 M
|
$100.97 M
|
$95.97 M
|
$91.97 M
|
$82.10 M
|
$62.82 M
|
$56.79 M
|
| Selling & Marketing Expenses |
$3.42 M
|
$4.06 M
|
$3.03 M
|
$2.58 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$152.30 M
|
$153.16 M
|
$125.64 M
|
$109.82 M
|
$100.97 M
|
$95.97 M
|
$91.97 M
|
$82.10 M
|
$62.82 M
|
$56.79 M
|
| Other Expenses |
$76.98 M
|
$96.08 M
|
$68.30 M
|
$70.21 M
|
$59.78 M
|
$60.28 M
|
$63.95 M
|
$62.85 M
|
$54.26 M
|
$51.44 M
|
| Operating Expenses |
$229.28 M
|
$249.24 M
|
$193.94 M
|
$180.02 M
|
$160.75 M
|
$156.26 M
|
$155.92 M
|
$144.95 M
|
$117.08 M
|
$108.23 M
|
| Cost And Expenses |
$432.70 M
|
$409.16 M
|
$222.44 M
|
$204.58 M
|
$215.35 M
|
$192.42 M
|
$176.11 M
|
$158.34 M
|
$124.66 M
|
$114.36 M
|
| Interest Income |
$519.24 M
|
$488.76 M
|
$340.96 M
|
$255.92 M
|
$237.68 M
|
$250.11 M
|
$231.21 M
|
$177.38 M
|
$130.99 M
|
$126.66 M
|
| Interest Expense |
$186.97 M
|
$142.10 M
|
$16.10 M
|
$9.52 M
|
$19.56 M
|
$33.90 M
|
$23.78 M
|
$12.67 M
|
$7.61 M
|
$6.91 M
|
| Depreciation & Amortization |
$17.88 M
|
$19.21 M
|
$15.33 M
|
$13.93 M
|
$13.60 M
|
$13.89 M
|
$12.84 M
|
$9.73 M
|
$5.81 M
|
$5.22 M
|
| EBITDA |
$116.00 M |
$151.17 M |
$200.55 M |
$134.25 M |
$116.73 M |
$130.17 M |
$126.32 M |
$77.47 M |
$47.95 M |
$46.38 M |
| EBITDA Ratio |
0.22
|
0.28
|
0.49
|
0.41
|
0.37
|
0.42
|
0.44
|
0.34
|
0.29
|
0.3
|
| Operating Income Ratio |
0.18
|
0.24
|
0.45
|
0.37
|
0.32
|
0.38
|
0.39
|
0.3
|
0.25
|
0.26
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$98.12 M
|
$131.96 M
|
$185.22 M
|
$120.32 M
|
$103.13 M
|
$116.28 M
|
$113.48 M
|
$67.74 M
|
$42.13 M
|
$41.16 M
|
| Income Before Tax Ratio |
0.18
|
0.24
|
0.45
|
0.37
|
0.32
|
0.38
|
0.39
|
0.3
|
0.25
|
0.26
|
| Income Tax Expense |
$21.90 M
|
$27.83 M
|
$38.28 M
|
$24.68 M
|
$21.65 M
|
$24.23 M
|
$24.19 M
|
$21.77 M
|
$14.62 M
|
$14.13 M
|
| Net Income |
$76.22 M
|
$104.13 M
|
$146.94 M
|
$95.64 M
|
$81.48 M
|
$92.05 M
|
$89.29 M
|
$45.97 M
|
$27.51 M
|
$27.03 M
|
| Net Income Ratio |
0.14
|
0.19
|
0.36
|
0.29
|
0.26
|
0.3
|
0.31
|
0.2
|
0.16
|
0.17
|
| EPS |
1.85 |
2.54 |
4.12 |
2.68 |
2.85 |
3.12 |
3.02 |
1.82 |
1.37 |
1.34 |
| EPS Diluted |
1.84 |
2.51 |
4.12 |
2.68 |
2.81 |
3.1 |
3.01 |
1.82 |
1.33 |
1.3 |
| Weighted Average Shares Out |
$41.02 M
|
$40.75 M
|
$35.49 M
|
$35.63 M
|
$28.84 M
|
$29.55 M
|
$29.57 M
|
$25.21 M
|
$19.97 M
|
$19.77 M
|
| Weighted Average Shares Out Diluted |
$41.33 M
|
$41.17 M
|
$35.68 M
|
$35.63 M
|
$28.98 M
|
$29.72 M
|
$29.71 M
|
$25.29 M
|
$20.73 M
|
$20.50 M
|
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