Is First Bancorp (FBNC) overvalued? · P/E 22, rev $70.1M
First Bancorp (FBNC) is a banks - regional company listed on US.
This page asks whether First Bancorp (FBNC) looks expensive on cached numbers — not a short thesis.
Latest reported FBNC revenue for 2024-12-31 was $70.1M. Net income was $76.2M. Revenue was up 113.7% from 2023-12-31 to 2024-12-31. FBNC currently screens at market cap $1.95B and trailing P/E 22.3.
FBNC currently screens at market cap $1.95B and trailing P/E 22.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FBNC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FBNC stock page for the full model, not this heading.
Not investment advice.