FBNC
Income statement / Annual
Last year (2023), First Bancorp's total revenue was $546.25 M,
an increase of 39.05% from the previous year.
In 2023, First Bancorp's net income was $104.13 M.
See First Bancorp’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$546.25 M
|
$392.84 M
|
$320.01 M
|
$299.47 M
|
$274.79 M
|
$269.26 M
|
$213.62 M
|
$159.19 M
|
$148.61 M
|
$162.66 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$546.25 M |
$392.84 M |
$320.01 M |
$299.47 M |
$274.79 M |
$269.26 M |
$213.62 M |
$159.19 M |
$148.61 M |
$162.66 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$149.11 M
|
$117.72 M
|
$103.25 M
|
$100.97 M
|
$95.97 M
|
$91.97 M
|
$81.18 M
|
$62.06 M
|
$56.79 M
|
$55.16 M
|
| Selling & Marketing
Expenses |
$4.06 M
|
$3.03 M
|
$2.58 M
|
$2.30 M
|
$3.12 M
|
$3.07 M
|
$2.55 M
|
$2.00 M
|
$1.67 M
|
$1.49 M
|
| Selling, General &
Administrative Expenses |
$153.16 M
|
$117.72 M
|
$103.25 M
|
$100.97 M
|
$95.97 M
|
$91.97 M
|
$81.18 M
|
$62.06 M
|
$56.79 M
|
$55.16 M
|
| Other Expenses |
$251.14 M |
-$309.24 M |
-$302.94 M |
-$297.31 M |
-$254.49 M |
-$217.90 M |
-$208.89 M |
-$166.91 M |
-$152.84 M |
-$166.45 M |
| Operating Expenses |
$404.30 M |
-$191.52 M |
-$199.69 M |
-$196.34 M |
-$158.52 M |
-$125.93 M |
-$127.72 M |
-$104.84 M |
-$96.05 M |
-$111.29 M |
| Cost And Expenses |
$404.30 M |
-$191.52 M |
-$199.69 M |
-$196.34 M |
-$158.52 M |
-$125.93 M |
-$127.72 M |
-$104.84 M |
-$96.05 M |
-$111.29 M |
| Interest Income |
$488.76 M |
$340.96 M |
$255.92 M |
$237.68 M |
$250.11 M |
$231.21 M |
$177.38 M |
$130.99 M |
$126.66 M |
$139.83 M |
| Interest Expense |
$142.10 M |
$16.10 M |
$9.52 M |
$19.56 M |
$33.90 M |
$23.78 M |
$12.67 M |
$7.61 M |
$6.91 M |
$8.22 M |
| Depreciation &
Amortization |
$19.21 M
|
$12.53 M
|
$11.66 M
|
$11.81 M
|
$12.55 M
|
$11.99 M
|
$9.73 M
|
$5.81 M
|
$722,000.00
|
$777,000.00
|
| EBITDA |
$0.00
|
$200.55 M
|
$134.25 M
|
$116.73 M
|
$131.51 M
|
$126.32 M
|
$77.47 M
|
$47.32 M
|
$46.38 M
|
$43.93 M
|
| EBITDA Ratio |
0 |
0.52 |
0.39 |
0.36 |
0.44 |
0.56 |
0.42 |
0.35 |
0.36 |
0.32 |
| Operating Income Ratio
|
0
|
0.51
|
0.38
|
0.34
|
0.42
|
0.53
|
0.4
|
0.34
|
0.35
|
0.32
|
| Total Other
Income/Expenses Net |
-$13.70 M
|
-$48.14 M
|
-$62.81 M
|
-$42.47 M
|
-$41.96 M
|
-$45.33 M
|
-$46.31 M
|
-$34.83 M
|
-$29.02 M
|
-$29.14 M
|
| Income Before Tax |
$131.96 M |
$185.22 M |
$120.32 M |
$103.13 M |
$116.28 M |
$113.48 M |
$67.74 M |
$42.13 M |
$41.16 M |
$38.53 M |
| Income Before Tax Ratio
|
0.24
|
0.47
|
0.38
|
0.34
|
0.42
|
0.42
|
0.32
|
0.26
|
0.28
|
0.24
|
| Income Tax Expense |
$27.83 M |
$38.28 M |
$24.68 M |
$21.65 M |
$24.23 M |
$24.19 M |
$21.77 M |
$14.62 M |
$14.13 M |
$13.54 M |
| Net Income |
$104.13 M |
$146.94 M |
$95.64 M |
$81.48 M |
$92.05 M |
$89.29 M |
$45.97 M |
$27.51 M |
$27.03 M |
$25.00 M |
| Net Income Ratio |
0.19 |
0.37 |
0.3 |
0.27 |
0.33 |
0.33 |
0.22 |
0.17 |
0.18 |
0.15 |
| EPS |
2.54 |
4.12 |
3.19 |
2.81 |
3.12 |
3.02 |
1.82 |
1.37 |
1.34 |
1.22 |
| EPS Diluted |
2.51 |
4.12 |
3.19 |
2.81 |
3.1 |
3.01 |
1.82 |
1.33 |
1.3 |
1.19 |
| Weighted Average Shares
Out |
$40.75 M
|
$35.49 M
|
$29.88 M
|
$28.84 M
|
$29.55 M
|
$29.57 M
|
$25.21 M
|
$19.96 M
|
$19.77 M
|
$19.70 M
|
| Weighted Average Shares
Out Diluted |
$41.16 M
|
$35.67 M
|
$30.03 M
|
$28.98 M
|
$29.72 M
|
$29.71 M
|
$25.29 M
|
$20.73 M
|
$20.50 M
|
$20.43 M
|
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