NASDAQ$FBNC
First Bancorp/Southern Pines NC · Q2 2026 earnings
Q2 2026 earnings · · After market close · Investor relations
Briefing
First Bancorp reported net income of $50.5 million and diluted EPS of $1.22 for Q2 2026.
First Bancorp achieved record total assets exceeding $13 billion and continued net interest margin expansion to 3.71%. Net interest income grew 3.9% linked quarter to $111.3 million while efficiency ratio remained controlled at 49.12%. The company announced a pending acquisition of First Carolina Bancshares expected to close late 2026 or early 2027.
- Diluted EPS rose to $1.22 from $0.93 in Q2 2025 with net income of $50.5 million.
- NIM expanded 39 basis points year-over-year to 3.71% driven by loan growth and yield improvement.
- Total loans reached $9.0 billion, up 9.3% from prior year with annualized growth of 8.9% linked quarter.
- Tangible common equity ratio improved to 9.83% and total risk-based capital ratio stood at 16.06%.
Headline financials
Revenue & EPS history
First Bancorp · Revenue · Quarterly
$127M
Forward guidance
Management expressed confidence in sustaining positive momentum through 2026 and highlighted the pending acquisition of First Carolina Bancshares to accelerate South Carolina expansion.
Tailwinds
- Continued margin expansion and loan growth expected to support earnings.
- Strong liquidity, capital levels, and credit quality provide flexibility.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.8%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+3.9%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+15.4%
Q1 2020
Best reaction
-7.8%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +2.7% | +3.3% | +1.4% | |
| Q4 2025 | +0.5% | -6.3% | +2.9% | |
| Q3 2025 | -1.9% | +1.9% | +3.7% | |
| Q2 2025 | -1.2% | -1.1% | +4.4% | |
| Q1 2025 | +4.7% | +6.1% | +6.1% | |
| Q4 2024 | -0.8% | +1.7% | -4.5% | |
| Q3 2024 | -1.7% | +0.9% | +13.8% | |
| Q2 2024 | +11.3% | +5.5% | +8.3% | |
| Q1 2024 | -7.5% | -9.0% | -6.9% | |
| Q4 2023 | -1.9% | +3.0% | -3.4% | |
| Q3 2023 | +8.2% | +6.9% | +18.6% | |
| Q2 2023 | -0.4% | -3.6% | -14.1% | |
| Q1 2023 | -5.6% | -2.5% | -1.2% | |
| Q4 2022 | -2.6% | -2.8% | +0.9% | |
| Q3 2022 | +4.2% | +7.9% | +18.2% | |
| Q2 2022 | +2.4% | +0.7% | +1.0% | |
| Q1 2022 | +3.4% | -0.1% | +0.2% | |
| Q4 2021 | -4.0% | -4.3% | -2.3% | |
| Q3 2021 | -1.4% | +1.5% | +0.9% | |
| Q2 2021 | +2.9% | +3.4% | +5.7% | |
| Q1 2021 | -1.0% | -1.8% | +2.4% | |
| Q4 2020 | -1.9% | -4.8% | +12.9% | |
| Q3 2020 | -5.0% | -1.0% | +36.6% | |
| Q2 2020 | +2.8% | -3.1% | -8.8% | |
| Q1 2020 | +15.4% | +1.4% | +3.2% | |
| Q4 2019 | -4.7% | -4.9% | -3.0% | |
| Q3 2019 | -0.7% | +1.4% | +2.9% | |
| Q2 2019 | +4.3% | +5.2% | -0.5% | |
| Q1 2019 | +3.5% | +5.6% | -0.9% | |
| Q4 2018 | +3.0% | +4.4% | +9.3% | |
| Q3 2018 | -7.8% | -6.1% | +3.6% | |
| Q2 2018 | +2.7% | +0.3% | +2.6% | |
| Q1 2018 | +6.1% | +5.0% | +11.9% | |
| Q4 2017 | +0.7% | +1.9% | -4.4% | |
| Q3 2017 | +2.8% | +5.5% | +4.6% | |
| Q2 2017 | +3.1% | +1.2% | -0.9% | |
| Q1 2017 | -4.6% | -7.7% | -9.9% | |
| Q4 2016 | +2.3% | +0.7% | +6.3% | |
| Q3 2016 | -1.5% | -1.9% | +26.2% | |
| Q2 2016 | -0.1% | -0.1% | +7.3% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | +1.6% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | -4.6% | — | — | |
| Q4 2014 | -0.7% | — | — | |
| Q3 2014 | +3.0% | — | — | |
| Q2 2014 | -1.7% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | -2.5% | — | — | |
| Q3 2012 | -0.4% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q4 2010 | +1.6% | — | — | |
| Q4 2011 | +1.6% | — | — | |
| Q3 2010 | -6.9% | — | — | |
| Q3 2011 | -6.9% | — | — | |
| Q2 2011 | +14.7% | — | — | |
| Q2 2010 | +14.7% | — | — | |
| Q1 2010 | +7.8% | — | — |
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