# FIRST BANCORP (FBNC) · Edgar & Edgarette company card

> First Bancorp (FBNC) saw revenue fall 3.6% in FY2025 to $68 million, equity 13.1% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 811589 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/FBNC) · [JSON](https://www.pops4.com/boards/company/FBNC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $68M |
| Revenue growth, 1 year | -3.6% |
| Revenue growth per year | 27.8% |
| Operating margin | — |
| Net margin | 164.2% |
| Operating cash flow | $203M |
| Capital spending | $4M |
| Free cash flow | $199M |
| Cash | $310M |
| Long-term debt | $75M |
| Total assets | $12.7B |
| Total equity | $1.7B |
| Equity ÷ assets | 13.1% |
| Return on equity | 6.7% |
| Dividend per share | $0.91 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±69%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $67.6M (FY2025), total debt $74.6M. Experience: revenue down 3.6% on the year, up 27.8% a year over 4 years. Soundness: equity 13.1% of assets, return on equity 6.7%, payout 33.6% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $34.8M and $191.1M next year (method v4.1: its own 4-year record of growth weighed at 50% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $37.1M to $180.0M. A statistical range, not company guidance. Against peers (31 filers, $50M+ revenue, state commercial banks): growth -3.6% against 7.5%.

Range logged 2026-10-01, receipt 68ecfef90f6edda4, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-04-28 ([filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000068/0000811589-26-000068-index.htm))

## Recent filings

- 10-Q · filed 2026-11-02 · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000164/0000811589-26-000164-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000162/0000811589-26-000162-index.htm)
- 8-K · filed 2026-09-15 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000155/0000811589-26-000155-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000153/0000811589-26-000153-index.htm)
- 8-K · filed 2026-07-22 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000151/0000811589-26-000151-index.htm)
- 8-K · filed 2026-07-14 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/811589/000081158926000149/0000811589-26-000149-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000811589.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=811589

## Cite

POPS4, Edgar & Edgarette: FIRST BANCORP (FBNC) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/FBNC. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.