First Bancorp (FBNC) Stock Analysis
Breakout setup
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $61.78, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: North Carolina and South Carolina; Analyst target reached - limited upside remaining.
First Bancorp is the fourth-largest commercial bank holding company headquartered in North Carolina, operating 113 branches (100 in NC, 13 in SC) with $12.7 billion in total assets and $10.7 billion in deposits as of December 31, 2025. It provides commercial and retail banking,... Read more
Hold if already holding. Not a fresh buy at $61.78, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: North Carolina and South Carolina; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 38d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-14Recent Developments — First Bancorp
Latest news
- NEWS First Bancorp Shareholders Reaffirm Board and Governance Practices - TipRanks — TipRanks positive
- NEWS First Bancorp (FBNC) Reports Strong Start to 2026 - GuruFocus — GuruFocus positive
- NEWS First Bancorp (FBNC) Beats Q1 Earnings Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS Earnings Flash (FBNC) First Bancorp Reports Q1 Revenue $122.3M, vs. FactSet Est of $123.2M - marketscreener.com — marketscreener.com neutral
- NEWS First Bancorp (NASDAQ:FBNC) Releases Earnings Results, Beats Expectations By $0.04 EPS - MarketBeat — MarketBeat positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicNorth Carolina and South Carolina10-K Item 1: 'Because we operate primarily within North Carolina and South Carolina, the economic conditions of these areas could have a material impact on the Company'
Material Events(8-K, last 90d)
- 2026-03-02Item 5.02MEDIUMMichael G. Mayer, President of First Bancorp and CEO of First Bank, retired effective February 28, 2026, in connection with the succession plan. No named successor announced; Mr. Mayer continues as a board director.SEC filing →
- 2026-01-27Item 5.02LOWDirector Mary Clara Capel retired from both boards effective January 27, 2026. No disagreement with operations cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $61.78, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: North Carolina and South Carolina; Analyst target reached - limited upside remaining. Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Target $61.18 (-1.0%), stop $58.78 (−5.1%), A.R:R -0.8:1. Score 5.8/10, moderate confidence.
Take-profit target: $61.18 (-1.0% upside). Target $61.18 (-1.0%), stop $58.78 (−5.1%), A.R:R -0.8:1. Stop-loss: $58.78.
Concentration risk — Geographic: North Carolina and South Carolina; Analyst target reached - limited upside remaining; Near 52-week high (1.4% away).
First Bancorp trades at a P/E of 21.1 (forward 12.4). TrendMatrix value score: 7.0/10. Verdict: Hold.
10 analysts cover FBNC with a consensus score of 4.2/5. Average price target: $66.
What does First Bancorp do?First Bancorp is the fourth-largest commercial bank holding company headquartered in North Carolina, operating 113...
First Bancorp is the fourth-largest commercial bank holding company headquartered in North Carolina, operating 113 branches (100 in NC, 13 in SC) with $12.7 billion in total assets and $10.7 billion in deposits as of December 31, 2025. It provides commercial and retail banking, mortgage origination, and wealth management services primarily to individuals and small-to-medium businesses in the Carolinas.