First Bancorp (FBNC) — Financial statements
Income statement, balance sheet, and cash flow for First Bancorp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 543↑2.3% | 531↓1.9% | 541↑32.7% | 408↑25.5% | 325 | |
| Cost of Revenue | 162↓20.2% | 203↑27.2% | 160↑461.0% | 29↑16.1% | 25 | |
| Gross Profit | 381↑16.3% | 327↓14.1% | 381↑0.5% | 379↑26.2% | 300 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 155↑3.9% | 149↓0.2% | 149↑21.6% | 123↑14.3% | 107 | |
| Selling & Marketing Expenses | 2↓49.8% | 3↓15.8% | 4↑33.7% | 3↑17.5% | 3 | |
| SG&A Expenses | 156↑2.7% | 152↓0.6% | 153↑21.9% | 126↑14.4% | 110 | |
| Other Expenses | 80↑4.2% | 77↓19.9% | 96↑40.7% | 68↓2.7% | 70 | |
| Operating Expenses | 237↑3.2% | 229↓8.0% | 249↑28.5% | 194↑7.7% | 180 | |
| Total Costs & Expenses | 399↓7.8% | 433↑5.8% | 409↑83.9% | 222↑8.7% | 205 | |
| Operating Results | ||||||
| Operating Income | 144↑47.0% | 98↓25.6% | 132↓28.8% | 185↑53.9% | 120 | |
| Depreciation & Amortization | 10↓41.8% | 18↓6.9% | 19↑25.3% | 15↑10.1% | 14 | |
| EBITDA | 155↑33.3% | 116↓23.3% | 151↓24.6% | 201↑49.4% | 134 | |
| EBIT | 144↑47.0% | 98↓25.6% | 132↓28.8% | 185↑53.9% | 120 | |
| Interest & Other Income | ||||||
| Net Interest Income | 398↑19.9% | 332↓4.1% | 347↑6.7% | 325↑31.8% | 246 | |
| Interest Income | 557↑7.3% | 519↑6.2% | 489↑43.3% | 341↑33.2% | 256 | |
| Interest Expense | 159↓15.0% | 187↑31.6% | 142↑782.5% | 16↑69.1% | 10 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -5 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 140↑42.2% | 98↓25.6% | 132↓28.8% | 185↑53.9% | 120 | |
| Income Tax Expense | 28↑29.9% | 22↓21.3% | 28↓27.3% | 38↑55.1% | 25 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 111↑45.7% | 76↓26.8% | 104↓29.1% | 147↑53.6% | 96 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 111↑45.7% | 76↓26.8% | 104↓29.1% | 147↑53.6% | 96 | |
| Bottom-Line Net Income | 111↑46.2% | 76↓26.7% | 103↓29.2% | 146↑53.6% | 95 | |
| EPS (Basic) | 2.68↑44.9% | 1.85↓27.2% | 2.54↓38.3% | 4.12↑53.7% | 2.68 | |
| EPS (Diluted) | 2.68↑45.7% | 1.84↓26.7% | 2.51↓39.1% | 4.12↑53.7% | 2.68 | |
| Weighted Average Shares | 41↑0.8% | 41↑0.7% | 41↑14.8% | 35↓0.4% | 36 | |
| Weighted Average Diluted Shares | 41↑0.1% | 41↑0.4% | 41↑15.4% | 36↑0.1% | 36 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.