First Bancorp (First Bancorp) 5-Year Yield-on-Cost % : 5.64 (As of Apr. 25, 2024)

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What is First Bancorp 5-Year Yield-on-Cost %?

First Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 5.64.

The historical rank and industry rank for First Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

FBNC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.76 Med: 3.96 Max: 7.29
Current: 5.64

During the past 13 years, First Bancorp's highest Yield on Cost was 7.29. The lowest was 1.76. And the median was 3.96.

FBNC's 5-Year Yield-on-Cost % is ranked better than
59.54% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs FBNC: 5.64

Competitive Comparison of First Bancorp's 5-Year Yield-on-Cost %

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

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

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

First Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of First Bancorp is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

First Bancorp (NAS:FBNC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

First Bancorp 5-Year Yield-on-Cost % Related Terms

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First Bancorp (First Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp (NAS:FBNC) » Definitions » 5-Year Yield-on-Cost %

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