First BanCorp. Q3 Earnings Call Highlights

First BanCorp. NYSE: FBP reported third-quarter net income of $96.1 million, or $0.63 per share, as stable credit quality and commercial loan growth helped offset softer net interest income, lower non-interest income and higher operating expenses.

MarketBeat • Oct 22, 2026

Compared to Estimates, First Bancorp (FBNC) Q3 Earnings: A Look at Key Metrics

Although the revenue and EPS for First Bancorp (FBNC) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks Investment Research • Oct 22, 2026

First Bancorp Reports Third Quarter Results

Third Quarter 2026 Financial Data   (Dollars in 000s, except per share data) Q3-2026 Q2-2026 Q3-2025 Summary Income Statement Total interest income $ 153,979 $ 148,315 $ 144,233 Total interest expense 39,182 37,049 41,711 Net interest income 114,797 111,266 102,522 Provision for credit losses 1,300 1,169 3,442 Noninterest income 15,117 16,034 (12,952) Noninterest expenses 63,991 62,761 60,171 Income tax expense 13,347 12,851 5,594 Net income $  51,276 $  50,519 $  20,363 Key Metrics Diluted EPS $    1.24 $    1.22 $    0.49 Adjusted diluted EPS (1) 1.24 1.22 1.01 Book value per share 41.38 41.49 38.67 Tangible book value per share 29.77 29.84 26.98 ROA 1.55 % 1.56 % 0.64 % Adjusted ROA (1) 1.56 % 1.56 % 1.31 % ROCE 11.71 % 11.89 % 5.14 % Adjusted ROCE (1) 11.79 % 11.89 % 10.55 % ROTCE 16.48 % 16.88 % 7.83 % Adjusted ROTCE (1) 16.59 % 16.88 % 15.66 % NIM 3.75 % 3.71 % 3.46 % NIM- T/E 3.76 % 3.73 % 3.47 % Efficiency ratio 49.09 % 49.12 % 66.92 % Quarterly NCO ratio 0.09 % 0.04 % 0.14 % ACL ratio 1.36 % 1.39 % 1.44 % Capital Ratios (2) Tangible common equity to tangible assets 9.73 % 9.83 % 9.12 % Common equity tier I capital ratio 14.26 % 14.09 % 14.35 % Total risk-based capital ratio 16.22 % 16.06 % 16.58 % (1) Q3-2026 adjusted to exclude impact of merger expenses of $0.5 million (after tax $0.3 million). Q3-2025 adjusted to exclude impact of securities loss of $27.9 million (after tax $21.4 million) See Appendices D, E, F, G and I.

PRNewsWire • Oct 21, 2026

First Bancorp (FBNC) Earnings Expected to Grow: Should You Buy?

First Bancorp (FBNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research • Oct 21, 2026

First Bancorp (FBNC) Beats Q3 Earnings and Revenue Estimates

First Bancorp (FBNC) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.01 per share a year ago.

Zacks Investment Research • Oct 21, 2026

Will First Bancorp (FBNC) Beat Estimates Again in Its Next Earnings Report?

First Bancorp (FBNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Investment Research • Oct 15, 2026

First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C., Sept. 15, 2026 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.24 per share payable on October 23, 2026 to shareholders of record as of September 30, 2026.

PRNewsWire • Sep 15, 2026

First BanCorp: Exceptional Run Doesn't Necessitate A Downgrade

First BanCorp has delivered outsized returns, outperforming the S&P 500 since my bullish stance in December. FBP's asset quality remains impressive, with strong returns on assets (2.02%) and equity (19.49%) despite elevated valuation multiples. Net interest margin improved to 4.87%, and the bank is well-positioned to benefit further from rising interest rates.

Seeking Alpha • Sep 11, 2026

First Bancorp Reports Second Quarter Results

Second Quarter 2026 Financial Data (Dollars in 000s, except per share data) Q2-2026 Q1-2026 Q2-2025 Summary Income Statement Total interest income $           148,315 $           142,390 $           136,731 Total interest expense 37,049 35,274 40,065 Net interest income 111,266 107,116 96,666 Provision for credit losses 1,169 3,083 2,212 Noninterest income 16,034 15,178 14,292 Noninterest expenses 62,761 60,218 58,924 Income tax expense 12,851 12,334 11,256 Net income $             50,519 $             46,659 $             38,566 Key Metrics Diluted EPS $                 1.22 $                 1.13 $                 0.93 Book value per share 41.49 40.68 37.53 Tangible book value per share 29.84 29.01 25.82 ROA 1.56 % 1.48 % 1.24 % ROCE 11.89 % 11.22 % 10.11 % ROTCE 16.88 % 16.05 % 15.25 % NIM 3.71 % 3.67 % 3.32 % NIM- T/E 3.73 % 3.69 % 3.32 % Efficiency ratio 49.12 % 49.05 % 53.00 % Quarterly NCO ratio 0.04 % 0.06 % 0.06 % ACL ratio 1.39 % 1.42 % 1.47 % Capital Ratios (1) Tangible common equity to tangible assets 9.83 % 9.63 % 8.83 % Common equity tier I capital ratio 14.09 % 14.13 % 14.64 % Total risk-based capital ratio 16.06 % 16.12 % 16.90 % (1) June 30, 2026 ratios are preliminary. Second Quarter 2026 Highlights D-EPS was $1.22 per share for the second quarter of 2026 compared to $1.13 for the linked quarter and $0.93 for the like quarter.

PRNewsWire • Jul 22, 2026

First Bancorp (FBNC) Q2 Earnings and Revenues Beat Estimates

First Bancorp (FBNC) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.93 per share a year ago.

Zacks Investment Research • Jul 23, 2026