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First Bancorp (First Bancorp) 5-Year RORE % : -4.70% (As of Dec. 2023)


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What is First Bancorp 5-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Bancorp's 5-Year RORE % for the quarter that ended in Dec. 2023 was -4.70%.

The industry rank for First Bancorp's 5-Year RORE % or its related term are showing as below:

FBNC's 5-Year RORE % is ranked worse than
77.3% of 1317 companies
in the Banks industry
Industry Median: 7.45 vs FBNC: -4.70

First Bancorp 5-Year RORE % Historical Data

The historical data trend for First Bancorp's 5-Year RORE % 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 5-Year RORE % Chart

First Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.79 15.25 13.23 8.52 -4.70

First Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 1.02 -2.49 -4.70 -

Competitive Comparison of First Bancorp's 5-Year RORE %

For the Banks - Regional subindustry, First Bancorp's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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's 5-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bancorp's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Bancorp's 5-Year RORE % falls into.



First Bancorp 5-Year RORE % Calculation

First Bancorp's 5-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 2.77-2.965 )/( 15.703-3.92 )
=-0.195/11.783
=-1.65 %

* 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.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 5-year before.


First Bancorp  (NAS:FBNC) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


First Bancorp 5-Year RORE % Related Terms

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First Bancorp (First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
300 SW Broad Street, Southern Pines, NC, USA, 28387
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

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