NASDAQ$FBNC
First Bancorp/Southern Pines NC · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Reported fourth quarter and full year earnings.
First Bancorp reported a net income of $3.6 million, or $0.08 diluted earnings per share, for the three months ended December 31, 2024. Adjusted net income for the quarter was $31.7 million, or an adjusted $0.76 diluted earnings per share.
- Tax equivalent net interest margin increased 17 basis points to 3.07% for the fourth quarter of 2024.
- Average deposits were $10.6 billion for the fourth quarter of 2024, an increase of $99.4 million from the linked quarter.
- Noninterest expenses declined $1.6 million from the linked quarter to $58.3 million for the fourth quarter of 2024.
- Loan growth accelerated during the quarter, with loans totaling $8.1 billion at December 31, 2024, reflecting growth of $81.1 million, or 4.03%, for the quarter.
Headline financials
Revenue & EPS history
First Bancorp · Revenue · Quarterly
$65.7M
Forward guidance
The company looks forward to seeing the benefit of its hard work and strategic balance sheet initiatives that should provide tailwinds for 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+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 |
|---|---|---|---|---|
| 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 2011 | +1.6% | — | — | |
| Q4 2010 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q3 2010 | -6.9% | — | — | |
| Q3 2011 | -6.9% | — | — | |
| Q2 2010 | +14.7% | — | — | |
| Q2 2011 | +14.7% | — | — | |
| Q1 2010 | +7.8% | — | — |
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