First Bancorp - Stock

First Bancorp Equity 2024

First Bancorp Equity

243.08 M USD

Ticker

FNLC

ISIN

US31866P1021

WKN

A0QZU1

In 2024, First Bancorp's equity was 243.08 M USD, a 6.19% increase from the 228.9 M USD equity in the previous year.

First Bancorp Aktienanalyse

What does First Bancorp do?

First Bancorp Inc is an American financial services company based in Southern Pines, North Carolina. The bank was founded in 1934 and has been listed on the NASDAQ stock exchange since 1986. The company employs approximately 1,500 employees and currently operates over 100 branches in North and South Carolina as well as Virginia. First Bancorp's business model is based on offering a wide range of financial and banking services to both individual and business customers. Core products include deposit products such as savings accounts, checking accounts, certificates of deposit, and online banking services for customers. The bank also offers financing for real estate purchases, vehicle purchases, and other consumer goods. In addition, First Bancorp also offers a variety of business banking services for small and medium-sized enterprises, including lines of credit, capital raising, payment processing, cash management services, and other financial services. The bank has a dedicated team of professionals who work closely with customers to find customized solutions for their financial needs. Another important division of First Bancorp is wealth management. The company has its own subsidiary, First Bank Wealth Management, which specializes in advising and managing assets for both private and business customers. First Bank Wealth Management offers a wide range of services, including portfolio management, investment advice, asset management, trust and fiduciary services, and estate planning services. The history of First Bancorp dates back to 1934 when the bank was founded under the name "Bank of Montgomery" in the city of Troy, North Carolina. The bank was an important financial services provider for communities in Moore County and beyond in the following decades. In 1986, the company was renamed First Bancorp and listed on the NASDAQ stock exchange. In recent years, First Bancorp has further diversified its business through acquisitions and organic expansion. In 2013, the bank acquired Carolina Bank Holdings Inc., expanding its presence in North Carolina and its business activities in the Highpoint and Greensboro areas. In 2015, First Bancorp also acquired First Trust Bank in Virginia, further expanding its presence in the Richmond region. Overall, First Bancorp is a successful financial services provider that has made a name for itself thanks to a wide range of products and services as well as dedicated customer care. The company has experienced significant growth in recent decades and continues to expand successfully today. First Bancorp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing First Bancorp's Equity

First Bancorp's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding First Bancorp's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating First Bancorp's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

First Bancorp's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in First Bancorp’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about First Bancorp Stock

What is the equity of First Bancorp this year?

First Bancorp has equity of 243.08 M USD this year.

What was the equity of First Bancorp compared to the previous year?

The equity of First Bancorp has increased/decreased by 6.19% increased compared to the previous year.

What impact does a high equity have on investors of First Bancorp?

A high equity is advantageous for investors of First Bancorp as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of First Bancorp?

A low equity can be a risk for investors of First Bancorp, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of First Bancorp affect the company?

An increase in equity of First Bancorp can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of First Bancorp affect the company?

A reduction in equity of First Bancorp can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of First Bancorp?

Some factors that can affect the equity of First Bancorp include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of First Bancorp so important for investors?

The equity of First Bancorp is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can First Bancorp take to change the equity?

To change equity, First Bancorp can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does First Bancorp pay?

Over the past 12 months, First Bancorp paid a dividend of 1.38 USD . This corresponds to a dividend yield of about 5.86 %. For the coming 12 months, First Bancorp is expected to pay a dividend of 1.38 USD.

What is the dividend yield of First Bancorp?

The current dividend yield of First Bancorp is 5.86 %.

When does First Bancorp pay dividends?

First Bancorp pays a quarterly dividend. This is distributed in the months of November, February, May, July.

How secure is the dividend of First Bancorp?

First Bancorp paid dividends every year for the past 20 years.

What is the dividend of First Bancorp?

For the upcoming 12 months, dividends amounting to 1.38 USD are expected. This corresponds to a dividend yield of 5.86 %.

In which sector is First Bancorp located?

First Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von First Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Bancorp from 7/10/2024 amounting to 0.35 USD, you needed to have the stock in your portfolio before the ex-date on 6/26/2024.

When did First Bancorp pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of First Bancorp in the year 2023?

In the year 2023, First Bancorp distributed 1.32 USD as dividends.

In which currency does First Bancorp pay out the dividend?

The dividends of First Bancorp are distributed in USD.

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Andere Kennzahlen von First Bancorp

Our stock analysis for First Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.