← FIRST BANCORP /NC/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $148.9m |
$213.9m
+43.65%
|
$266.4m
+24.51%
|
$275.7m
+3.51%
|
$299.5m
+8.61%
|
$320.0m
+6.86%
|
$392.8m
+22.76%
|
$404.1m
+2.88%
|
$350.2m
-13.36%
|
$390.3m
+11.46%
|
$416.7m
+6.76%
|
|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $123.4m |
$164.7m
+33.50%
|
$207.4m
+25.94%
|
$216.2m
+4.23%
|
$218.1m
+0.89%
|
$246.4m
+12.96%
|
$324.9m
+31.84%
|
$346.7m
+6.71%
|
$332.3m
-4.15%
|
$398.2m
+19.86%
|
$578.6m
+45.28%
|
|
| Labor and Related Expense | $62.1m | $81.2m | $92.0m | $96.0m | $101.0m | $103.2m | $117.7m | $139.9m | $140.0m | $144.2m | — | |
| Amortization of Intangible Assets | $1.2m | $4.2m | $6.8m | $4.9m | $4.0m | $3.5m | $3.7m | $8.0m | $6.6m | $5.7m | — | |
| Operating Lease, Expense | — | — | — | $2.6m | $2.9m | $2.6m | $2.9m | $3.1m | $2.5m | $2.5m | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $7.6m | $12.7m | $23.8m | $33.9m | $19.6m | $9.5m | $16.1m | $142.1m | — | — | $151.5m | |
| Total interest expense | — | — | — | — | — | — | — | — | $187.0m | $159.0m | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | $97k | $8.0m | ($1.2m) | $0 | $0 | ($38.0m) | ($71.6m) | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | — | $4.5m | — | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | $3k | $235k | — | — | — | — | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | $998k | — | — | — | |
| Other Income | — | — | $5.3m | $5.7m | $6.0m | $7.0m | $5.7m | $6.4m | $6.9m | $7.5m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $120.3m | $185.2m | $132.0m | $98.1m | $139.5m | $165.3m | |
| Income Tax Expense (Benefit) | $14.6m | $21.8m | $24.2m | $24.2m | $21.7m | $24.7m | $38.3m | $27.8m | $21.9m | $28.5m | $32.0m | |
| Net Income (Loss) Attributable to Parent | $27.5m |
$46.0m
+67.12%
|
$89.3m
+94.22%
|
$92.0m
+3.09%
|
$81.5m
-11.48%
|
$95.6m
+17.39%
|
$146.9m
+53.63%
|
$104.1m
-29.13%
|
$76.2m
-26.81%
|
$111.0m
+45.70%
|
$132.6m
+19.44%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $27.3m |
$46.0m
+68.19%
|
$89.3m
+94.22%
|
$91.6m
+2.58%
|
$81.1m
-11.48%
|
$95.2m
+17.37%
|
$146.2m
+53.59%
|
$103.4m
-29.22%
|
$75.8m
-26.70%
|
$110.4m
+45.64%
|
$132.6m
+20.11%
|
|
| Preferred Stock Dividends, Income Statement Impact | $175k | — | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $1.37 | $1.82 | $3.02 | $3.10 | $2.81 | $3.19 | $4.12 | $2.54 | $1.85 | $2.68 | $3.22 | |
| Earnings Per Share, Diluted | $1.33 | $1.82 | $3.01 | $3.10 | $2.81 | $3.19 | $4.12 | $2.53 | $1.84 | $2.68 | $3.22 | |
| Common Stock, Dividends, Per Share, Declared | $0.32 | $0.32 | $0.40 | $0.54 | $0.72 | $0.80 | $0.88 | $0.88 | $0.88 | $0.91 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 20.0m | 25.2m | 29.6m | 29.5m | 28.8m | 29.9m | 35.5m | 40.7m | 41.0m | 41.2m | 41.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 20.7m | 25.3m | 29.7m | 29.7m | 29.0m | 30.0m | 35.7m | 41.2m | 41.3m | 41.5m | 41.4m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $2.1m | $2.3m | $2.5m | $2.6m | $2.5m | $2.9m | $3.8m | $4.3m | $4.8m | $5.1m | — | |
| Equipment Expense | $3.6m | $4.5m | $5.6m | $5.0m | $4.3m | $4.5m | $5.8m | $6.0m | — | — | — | |
| Accretion Expense, Including Asset Retirement Obligations | $10.3m | — | — | — | — | — | — | — | — | — | — | |
| Business Combination, Acquisition Related Costs | $1.4m | $8.1m | $2.4m | $192k | $0 | $16.8m | $5.1m | $13.7m | $0 | $0 | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $12.6m | $19.8m | $18.8m | $9.6m | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | — | — | $0 | $0 | $0 | — |