First Bancorp (FBNC) Files 10-K for the Fiscal Year Ended on December 31, 2018

First Bancorp (FBNC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. First Bancorp is a bank holding company of First Bank. It is company is engaged in providing banking services such as acceptance of deposits and the lending funds to the customers for various purposes. First Bancorp has a market cap of $1.16 billion; its shares were traded at around $38.89 with a P/E ratio of 12.89 and P/S ratio of 4.38. The dividend yield of First Bancorp stocks is 1.03%.

For the last quarter First Bancorp reported a revenue of $68.2 million, compared with the revenue of $63.81 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $269.8 million, an increase of 26% from last year. For the last five years First Bancorp had an average revenue growth rate of 10.1% a year.

The reported diluted earnings per share was $3.01 for the year, an increase of 65.4% from previous year. Over the last five years First Bancorp had an EPS growth rate of 21.8% a year. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, First Bancorp has the cash and cash equivalents of $462.9 million, compared with $489.5 million in the previous year. The long term debt was $406.6 million, compared with $407.5 million in the previous year. First Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $38.89, First Bancorp is traded at 101.1% premium to its historical median P/S valuation band of $19.34. The P/S ratio of the stock is 4.38, while the historical median P/S ratio is 2.16. The stock gained 14.32% during the past 12 months.

For the complete 20-year historical financial data of FBNC, click here.