53.66 USD
-0.12 (-0.22%)
53.66 USD
0 (0%)
Overall FBNC gets a fundamental rating of 4 out of 10. We evaluated FBNC against 387 industry peers in the Banks industry. Both the profitability and financial health of FBNC have multiple concerns. FBNC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
FBNC had positive earnings in the past year.
In the past year FBNC had a positive cash flow from operations.
FBNC had positive earnings in each of the past 5 years.
In the past 5 years FBNC always reported a positive cash flow from operatings.
1.2 Ratios
FBNC's Return On Assets of 0.77% is on the low side compared to the rest of the industry. FBNC is outperformed by 61.24% of its industry peers.
FBNC has a Return On Equity of 6.14%. This is in the lower half of the industry: FBNC underperforms 71.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.14% | ||
| ROIC | N/A |
ROA(3y)0.95%
ROA(5y)0.97%
ROE(3y)8.98%
ROE(5y)8.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 26.45%, FBNC is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
In the last couple of years the Profit Margin of FBNC has declined.
FBNC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 26.45% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.05%
PM growth 5Y-8.21%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FBNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, FBNC has more shares outstanding
FBNC has more shares outstanding than it did 5 years ago.
FBNC has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FBNC is 0.43, which is an excellent value as it means it would take FBNC, only 0.43 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FBNC (0.43) is better than 81.65% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that FBNC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.06, FBNC is in the better half of the industry, outperforming 79.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.25%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.67% over the past year.
Measured over the past years, FBNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.23% on average per year.
Looking at the last year, FBNC shows a very negative growth in Revenue. The Revenue has decreased by -21.45% in the last year.
FBNC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)29.67%
EPS 3Y-5.67%
EPS 5Y-2.23%
EPS Q2Q%44.29%
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y3.05%
Revenue growth 5Y4.9%
Sales Q2Q%8.72%
3.2 Future
FBNC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.45% yearly.
Based on estimates for the next years, FBNC will show a quite strong growth in Revenue. The Revenue will grow by 11.78% on average per year.
EPS Next Y39.8%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
EPS Next 5YN/A
Revenue Next Year17.88%
Revenue Next 2Y14.46%
Revenue Next 3Y11.78%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.16, FBNC is valued correctly.
Based on the Price/Earnings ratio, FBNC is valued a bit more expensive than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. FBNC is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.73, the valuation of FBNC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FBNC is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of FBNC to the average of the S&P500 Index (23.88), we can say FBNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.16 | ||
| Fwd PE | 11.73 |
4.2 Price Multiples
62.79% of the companies in the same industry are more expensive than FBNC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.44 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FBNC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FBNC's earnings are expected to grow with 21.45% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y28.54%
EPS Next 3Y21.45%
5. Dividend
5.1 Amount
FBNC has a Yearly Dividend Yield of 1.71%.
FBNC's Dividend Yield is slightly below the industry average, which is at 2.86.
Compared to an average S&P500 Dividend Yield of 1.90, FBNC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
5.2 History
The dividend of FBNC is nicely growing with an annual growth rate of 14.00%!
FBNC has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FBNC pays out 37.43% of its income as dividend. This is a sustainable payout ratio.
FBNC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP37.43%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
53.66
-0.12 (-0.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners81.58%
Inst Owner Change0%
Ins Owners1.66%
Ins Owner Change0.5%
Market Cap2.23B
Revenue(TTM)372.08M
Net Income(TTM)98.42M
Analysts80
Price Target59.93 (11.68%)
Short Float %3.46%
Short Ratio6.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
Yearly Dividend0.88
Dividend Growth(5Y)14%
DP37.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.11%
Min EPS beat(2)4.56%
Max EPS beat(2)7.65%
EPS beat(4)4
Avg EPS beat(4)5.33%
Min EPS beat(4)3.49%
Max EPS beat(4)7.65%
EPS beat(8)6
Avg EPS beat(8)4.67%
EPS beat(12)7
Avg EPS beat(12)-2.2%
EPS beat(16)9
Avg EPS beat(16)-3.45%
Revenue beat(2)0
Avg Revenue beat(2)-11.45%
Min Revenue beat(2)-22.58%
Max Revenue beat(2)-0.32%
Revenue beat(4)0
Avg Revenue beat(4)-15.52%
Min Revenue beat(4)-37.62%
Max Revenue beat(4)-0.32%
Revenue beat(8)1
Avg Revenue beat(8)-11.15%
Revenue beat(12)1
Avg Revenue beat(12)-9.46%
Revenue beat(16)3
Avg Revenue beat(16)-7.09%
PT rev (1m)0%
PT rev (3m)4.91%
EPS NQ rev (1m)-1.88%
EPS NQ rev (3m)10.14%
EPS NY rev (1m)0%
EPS NY rev (3m)3.4%
Revenue NQ rev (1m)-0.99%
Revenue NQ rev (3m)5.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.16 | ||
| Fwd PE | 11.73 | ||
| P/S | 5.98 | ||
| P/FCF | 10.44 | ||
| P/OCF | 10.27 | ||
| P/B | 1.39 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.54
EY6.6%
EPS(NY)4.58
Fwd EY8.53%
FCF(TTM)5.14
FCFY9.58%
OCF(TTM)5.23
OCFY9.74%
SpS8.97
BVpS38.66
TBVpS26.67
PEG (NY)0.38
PEG (5Y)N/A
Graham Number55.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 6.14% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 26.45% | ||
| GM | N/A | ||
| FCFM | 57.28% |
ROA(3y)0.95%
ROA(5y)0.97%
ROE(3y)8.98%
ROE(5y)8.75%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.05%
PM growth 5Y-8.21%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 27.79% | ||
| Cap/Sales | 0.96% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 216.55% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC13.25%
ROIC/WACCN/A
Cap/Depr(3y)27.31%
Cap/Depr(5y)53.43%
Cap/Sales(3y)1.07%
Cap/Sales(5y)2.06%
Profit Quality(3y)167.97%
Profit Quality(5y)139.01%
High Growth Momentum
Growth
EPS 1Y (TTM)29.67%
EPS 3Y-5.67%
EPS 5Y-2.23%
EPS Q2Q%44.29%
EPS Next Y39.8%
EPS Next 2Y28.54%
EPS Next 3Y21.45%
EPS Next 5YN/A
Revenue 1Y (TTM)-21.45%
Revenue growth 3Y3.05%
Revenue growth 5Y4.9%
Sales Q2Q%8.72%
Revenue Next Year17.88%
Revenue Next 2Y14.46%
Revenue Next 3Y11.78%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y60.86%
FCF growth 3Y9.95%
FCF growth 5Y29.26%
OCF growth 1Y57.83%
OCF growth 3Y7.96%
OCF growth 5Y27.83%
FIRST BANCORP/NC / FBNC FAQ
Can you provide the ChartMill fundamental rating for FIRST BANCORP/NC?
ChartMill assigns a fundamental rating of 4 / 10 to FBNC.
What is the valuation status for FBNC stock?
ChartMill assigns a valuation rating of 5 / 10 to FIRST BANCORP/NC (FBNC). This can be considered as Fairly Valued.
What is the profitability of FBNC stock?
FIRST BANCORP/NC (FBNC) has a profitability rating of 3 / 10.
What is the financial health of FIRST BANCORP/NC (FBNC) stock?
The financial health rating of FIRST BANCORP/NC (FBNC) is 3 / 10.
What is the expected EPS growth for FIRST BANCORP/NC (FBNC) stock?
The Earnings per Share (EPS) of FIRST BANCORP/NC (FBNC) is expected to grow by 39.8% in the next year.