First Bancorp - Stock

First Bancorp Liabilities 2024

First Bancorp Liabilities

2.7 B USD

Ticker

FNLC

ISIN

US31866P1021

WKN

A0QZU1

In 2024, First Bancorp's total liabilities amounted to 2.7 B USD, a 7.7% difference from the 2.51 B USD total liabilities 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.

Liabilities Details

Assessing First Bancorp's Liabilities

First Bancorp's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating First Bancorp's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing First Bancorp's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

First Bancorp's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in First Bancorp’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about First Bancorp Stock

What is the level of liabilities of First Bancorp this year?

First Bancorp has a debt balance of 2.7 B USD this year.

What were the liabilities of First Bancorp compared to the previous year?

The liabilities of First Bancorp have increased by 7.7% increased compared to the previous year.

What are the consequences of high debt for investors of First Bancorp?

High liabilities can pose a risk for investors of First Bancorp, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in First Bancorp?

Low liabilities mean that First Bancorp has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of First Bancorp can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of First Bancorp can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of First Bancorp include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of First Bancorp so important for investors?

The liabilities of First Bancorp are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can First Bancorp take to modify the liabilities?

To change its liabilities, First Bancorp can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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 5.96 %. 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 5.96 %.

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 5.96 %.

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.