First Bancorp (First Bancorp) Price-to-Tangible-Book

: 1.52 (As of Today)

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As of today (2024-04-15), First Bancorp's share price is $31.80. First Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.94. Hence, First Bancorp's Price to Tangible Book Ratio of today is 1.52.

The historical rank and industry rank for First Bancorp's Price-to-Tangible-Book or its related term are showing as below:

FBNC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38 Med: 1.92 Max: 2.4
Current: 1.52

During the past 13 years, First Bancorp's highest Price to Tangible Book Ratio was 2.40. The lowest was 1.38. And the median was 1.92.

FBNC's Price-to-Tangible-Book is ranked worse than
79.99% of 1444 companies
in the Banks industry
Industry Median: 0.93 vs FBNC: 1.52

A closely related ratio is called PB Ratio. As of today, First Bancorp's share price is $31.80. First Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.38. Hence, First Bancorp's P/B Ratio of today is 0.95.

First Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for First Bancorp's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.97

1.51

1.92

2.34

1.77

First Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																2.34	1.86	1.56	1.55	1.77

Competitive Comparison

For the Banks - Regional subindustry, First Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Bancorp Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, First Bancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Bancorp's Price-to-Tangible-Book falls into.

First Bancorp Price-to-Tangible-Book Calculation

First Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	31.80	/	20.938
	=	1.52

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

First Bancorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of First Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

First Bancorp (First Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp (NAS:FBNC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 SW Broad Street, Southern Pines, NC, USA, 28387

Website

https://www.localfirstbank.com

First Bancorp is a bank holding company. The company is engaged in providing banking services such as acceptance of deposits and lending funds to customers for various purposes. It provides checking, savings, and money market accounts, time deposits, including various types of certificates of deposits (CDs) and individual retirement accounts (IRAs). The company also provides loans for various purposes of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles. Also, it offers credit cards, debit cards, letters of credit and electronic funds transfer services.

Executives

J Randolph Potter	director	381 HALTON RD., GREENVILLE SC 29607
Elizabeth B Bostian	officer: Chief Financial Officer	2108 CARLISLE ROAD, GREENSBORO NC 27401
Richard H Moore	director	1917 LEWIS CIRCLE, RALEIGH NC 27608
Mclamb Carlie C Jr	director	C/O NEW CENTURY BANK 700 W CUMBERLAND ST, DUNN NC 28334
Michael Goodwin Mayer	officer: President	300 SW BROAD STREET, SOUTHERN PINES NC 28387
Mary Clara Capel	director	P.O. BOX 826, TROY NC 27371
Mason Y Garrett	director	381 HALTON ROAD, GREENVILLE SC 29606
Dexter V Perry	director	111 LYNDENBURY DRIVE, APEX NC 27502
John W Mccauley	director
Gregory A Currie	officer: Chief Banking Officer	204 ELMWOOD DR., GREENSBORO NC 27408
Suzanne S Deferie	director, officer: Regional President	11 CHURCH STREET, ASHEVILLE NC 28801
Crawford James C Iii	director
Frederick Leslie Taylor	director	1207 CEDAR CREEK ROAD, BISCOE NC 27209
Virginia C Thomasson	director
Thomas F Phillips	director