FIRST BANCORP /NC/

FBNC · State Commercial Banks · 41.4M shares · +8%/yr ↑ dilution · EDGAR filings ↗

Reference price $58.58 · est. market cap ~$2.4B — last insider sale, 2026-05-20 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

C64

First Bancorp (NC) — Southeastern bank with low ROE but improving earnings.

Strengths

Net income +46% (77th pct), strong FCF (79th)
Low leverage (22nd)

Risks

ROE 6.7% (20th pct) weak
Revenue down (7th); CRE exposure
Rate sensitivity

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Chronic dilutionShare count +8%/yr over 4y (dilution, book value/share -3%)
Insider sellingInsider selling — 8 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$3M, last 6mo) Form 4 ↗

Key metrics

Net margin

164.2%

Return on equity

6.7%

Return on assets

0.9%

Revenue growth (QoQ)

-3.6%

Net-income growth

45.7%

Debt / equity

0.0×

Free cash flow

$199M

Tangible book value

$1.2B

Stock comp / revenue

5.6%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-06-23	Hicks Thomas Brent	Grant	1.1K	$62.03
2026-06-23	Wilson Christian Anthony	Grant	2.9K	$62.03
2026-06-23	Bostian Elizabeth B	Grant	3.4K	$62.03
2026-06-23	CURRIE GREGORY A	Grant	7.7K	$62.03
2026-06-23	MOORE RICHARD H	Grant	9.7K	$62.03
2026-06-15	Hans Peter	Grant	863	$57.99
2026-06-15	Nevin Katharine Caldwell	Grant	863	$57.99
2026-06-01	McLamb Carlie C Jr	Grant	863	$57.99
2026-06-01	DeFerie Suzanne S	Grant	863	$57.99
2026-06-01	Mayer Michael Goodwin	Grant	863	$57.99
2026-06-01	CRAWFORD JAMES C III	Grant	863	$57.99
2026-06-01	Taylor Frederick Leslie	Grant	863	$57.99
2026-06-01	Sloan O. Temple III	Grant	863	$57.99
2026-06-01	PERRY DEXTER V	Grant	863	$57.99
2026-06-01	MCCAULEY JOHN W	Grant	863	$57.99
2026-06-01	Donnelly Abby Jill	Grant	863	$57.99
2026-05-20	Mayer Michael Goodwin	Sell	44K	$58.58
2026-03-06	Hicks Thomas Brent	Grant	613	$55.93
2026-02-26	Mayer Michael Goodwin	Tax withheld	7.9K	$60.18
2026-02-26	Mayer Michael Goodwin	Tax withheld	461	$60.18
2026-02-26	Mayer Michael Goodwin	Tax withheld	6.2K	$60.18
2026-02-04	CRAWFORD JAMES C III	Sell	4.5K	$60.57
2026-02-03	Capel Mary Clara	Sell	5.0K	$59.31
2026-01-30	Capel Mary Clara	Sell	2.6K	$57.75
2026-01-28	Capel Mary Clara	Sell	600	$56.91
2026-01-28	Capel Mary Clara	Sell	400	$57.21
2026-01-28	Capel Mary Clara	Sell	1.0K	$57.50
2026-01-28	Capel Mary Clara	Sell	500	$57.23
2026-01-27	Wilson Christian Anthony	Grant	1.2K	$56.68
2026-01-27	MOORE RICHARD H	Grant	4.0K	$56.68
2026-01-27	CURRIE GREGORY A	Grant	4.7K	$56.68
2026-01-27	Bostian Elizabeth B	Grant	2.4K	$56.68
2026-01-05	CURRIE GREGORY A	Tax withheld	488	$51.96
2026-01-05	Bostian Elizabeth B	Tax withheld	396	$51.96
2026-01-05	MOORE RICHARD H	Tax withheld	347	$51.96
2026-01-05	Wilson Christian Anthony	Tax withheld	107	$51.96
2025-12-31	MOORE RICHARD H	Grant	0	$50.79
2025-12-31	MOORE RICHARD H	Grant	2.2K	$50.79
2025-12-31	Mayer Michael Goodwin	Tax withheld	1.1K	$50.79
2025-12-31	Mayer Michael Goodwin	Tax withheld	461	$50.79
2025-12-31	CURRIE GREGORY A	Tax withheld	766	$50.79
2025-12-31	CURRIE GREGORY A	Tax withheld	301	$5,079.00
2025-12-31	Bostian Elizabeth B	Tax withheld	345	$50.79
2025-12-31	Bostian Elizabeth B	Tax withheld	270	$50.79
2025-12-29	Capel Mary Clara	Gift	100	$51.94
2025-12-24	Mayer Michael Goodwin	Gift	1.9K	$52.12
2025-10-16	Capel Mary Clara	Gift	18K	$46.32
2025-08-15	CRAWFORD JAMES C III	Sell	3.5K	$53.10
2025-07-24	Donnelly Abby Jill	Buy	6	$49.41
2025-07-24	Donnelly Abby Jill	Buy	40	$49.42
2025-06-24	Bostian Elizabeth B	Grant	3.6K	$42.12
2025-06-24	Hicks Thomas Brent	Grant	1.5K	$42.12
2025-06-24	Hicks Thomas Brent	Grant	1.5K	$42.12
2025-06-24	Wilson Christian Anthony	Grant	3.0K	$42.12
2025-06-24	MOORE RICHARD H	Grant	13K	$42.12
2025-06-24	CURRIE GREGORY A	Grant	7.7K	$42.12
2025-06-24	Bostian Elizabeth B	Grant	3.6K	$42.12
2025-06-20	Mayer Michael Goodwin	Tax withheld	7.7K	$40.57
2025-06-20	CURRIE GREGORY A	Tax withheld	1.2K	$40.57
2025-06-20	Buczkowski Blaise Bea	Tax withheld	486	$40.57
2025-06-20	Bostian Elizabeth B	Tax withheld	894	$40.57
2025-06-04	Taylor Frederick Leslie	Grant	923	$40.63
2025-06-04	Sloan O. Temple III	Grant	923	$40.63
2025-06-04	PERRY DEXTER V	Grant	923	$40.63
2025-06-04	McLamb Carlie C Jr	Grant	923	$40.63
2025-06-04	MCCAULEY JOHN W	Grant	923	$40.63
2025-06-04	Donnelly Abby Jill	Grant	923	$40.63
2025-06-04	DeFerie Suzanne S	Grant	923	$40.63
2025-06-04	CRAWFORD JAMES C III	Grant	923	$40.63
2025-06-04	Capel Mary Clara	Grant	923	$40.63
2025-05-22	Taylor Frederick Leslie	Buy	562	$41.04
2025-05-22	Taylor Frederick Leslie	Buy	5.2K	$41.28
2025-05-16	Taylor Frederick Leslie	Gift	5.8K	$42.61
2025-05-12	MOORE RICHARD H	Gift	46K	$42.77
2025-05-12	Mayer Michael Goodwin	Sell	3.0K	$42.96
2025-01-30	CURRIE GREGORY A	Grant	2.4K	$44.13
2025-01-30	CURRIE GREGORY A	Grant	2.3K	$44.13
2025-01-30	Wilson Christian Anthony	Grant	681	$44.13
2025-01-30	MOORE RICHARD H	Grant	2.5K	$44.13
2025-01-30	Bostian Elizabeth B	Grant	1.9K	$44.13
2024-12-31	Mayer Michael Goodwin	Tax withheld	2.7K	$43.97
2024-12-31	CURRIE GREGORY A	Tax withheld	4.7K	$43.97
2024-12-31	Bostian Elizabeth B	Tax withheld	3.9K	$43.97

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-06-12	OtherExhibits	filing ↗
2026-04-29	Shareholder vote	filing ↗
2026-04-28	Exec/director changeExhibits	filing ↗
2026-04-22	ResultsExhibits	filing ↗
2026-03-13	OtherExhibits	filing ↗
2026-03-02	Exec/director change	filing ↗
2026-01-27	Exec/director changeOtherExhibits	filing ↗
2026-01-21	ResultsExhibits	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-06-12	2026-06-12	0000811589-26-000111 ↗
10-Q	2026-05-07	2026-03-31	0000811589-26-000073 ↗
8-K	2026-04-29	2026-04-28	0000811589-26-000070 ↗
8-K	2026-04-28	2026-04-28	0000811589-26-000068 ↗
8-K	2026-04-22	2026-04-22	0000811589-26-000065 ↗
8-K	2026-03-13	2026-03-13	0000811589-26-000059 ↗
8-K	2026-03-02	2026-02-28	0000811589-26-000055 ↗
10-K	2026-02-25	2025-12-31	0000811589-26-000051 ↗
8-K	2026-01-27	2026-01-27	0000811589-26-000027 ↗
8-K	2026-01-21	2026-01-21	0000811589-26-000023 ↗
8-K	2025-12-12	2025-12-12	0000811589-25-000079 ↗
10-Q	2025-11-07	2025-09-30	0000811589-25-000077 ↗