First Bancorp (NASDAQ:FBNC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

26 Dec 2025, 05:15 by Mitch Edgeman · The Markets Daily

First Bancorp (NASDAQ:FBNC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $49.93 and traded as high as $52.38. First Bancorp shares last traded at $52.11, with a volume of 96,882 shares traded.

Wall Street Analyst Weigh In

Several research firms have commented on FBNC. Zacks Research raised shares of First Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Bancorp in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods lifted their price target on First Bancorp from $53.00 to $62.00 and gave the stock an “outperform” rating in a report on Tuesday, September 2nd. Finally, Wall Street Zen downgraded First Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, First Bancorp presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.67.

Check Out Our Latest Stock Report on First Bancorp

First Bancorp Trading Down 0.3%

The firm has a 50 day moving average of $50.69 and a 200 day moving average of $49.93. The firm has a market cap of $2.16 billion, a PE ratio of 21.89 and a beta of 0.90. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.06.

First Bancorp (NASDAQ:FBNC – Get Free Report) last issued its earnings results on Wednesday, October 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.08. First Bancorp had a return on equity of 9.61% and a net margin of 17.50%.The firm had revenue of $89.61 million for the quarter, compared to analyst estimates of $113.47 million. Equities analysts anticipate that First Bancorp will post 3.27 earnings per share for the current year.

First Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, January 25th. Investors of record on Wednesday, December 31st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, December 31st. First Bancorp’s payout ratio is currently 38.66%.

Hedge Funds Weigh In On First Bancorp

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC raised its position in shares of First Bancorp by 183.6% in the third quarter. Smartleaf Asset Management LLC now owns 553 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 358 shares during the period. Quantbot Technologies LP bought a new stake in First Bancorp during the 1st quarter valued at $25,000. Quest 10 Wealth Builders Inc. bought a new stake in First Bancorp during the 3rd quarter valued at $34,000. EverSource Wealth Advisors LLC lifted its position in shares of First Bancorp by 2,222.6% during the second quarter. EverSource Wealth Advisors LLC now owns 720 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 689 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Bancorp by 1,412.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 938 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 876 shares during the period. Hedge funds and other institutional investors own 68.36% of the company’s stock.

About First Bancorp

(Get Free Report)

First Bancorp operates as the bank holding company for First Bank, offering a broad range of commercial and consumer banking services. Its core offerings include business lending, treasury and cash management, residential and commercial mortgage financing, and consumer deposit products. Through its subsidiary, First Bank provides online and branch-based banking solutions, including checking and savings accounts, certificate of deposits, and digital banking tools designed to meet the needs of individuals, small- to mid-sized businesses, and professional institutions.