First Bancorp (North Carolina)

FBNC · NASDAQ

$61.57+$1.78 (+2.98%)TodayMarket closed · Oct 21, 4:00 AM ET

Prev close $59.79

FBNC analyst rating

BuyConsensus of 3 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy2
Hold1
Underperform0
Sell0

12-month price target · 7 analysts

Average $70.79 (+15.0% upside)

Low: $65.65
Now: $61.57
High: $75.60

Upgrades and downgrades

The latest rating actions, newest first

FBNC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Raymond James	Oct 6, 2026	Downgrade	Strong Buy → Outperform	$72.00 → $71.00	54%
Keefe, Bruyette & Woods	Aug 4, 2026	Maintains	Outperform	$67.00 → $70.00	79%
Piper Sandler	Jul 29, 2026	Maintains	Neutral	$64.00 → $65.00	67%
Raymond James	Jul 16, 2026	Maintains	Strong Buy	$68.00 → $75.00	54%
Keefe, Bruyette & Woods	Apr 23, 2026	Maintains	Outperform	$65.00 → $66.00	79%
Piper Sandler	Feb 9, 2026	Downgrade	Overweight → Neutral	$58.00 → $64.00	67%
Raymond James	Jan 7, 2026	Upgrade	Market Perform → Strong Buy	$62.00	54%

The case for and against

Updated Feb 9, 2026

Bull case

First Bancorp's stock has demonstrated strong performance, with a notable increase of approximately 24.2% year-to-date in 2025, considerably surpassing the performance of the KRX by 13.6%. The company is expected to benefit from multiple growth drivers, including improved loan growth, asset repricing resulting in a better net interest margin (NIM), and potential bond restructures, which are anticipated to enhance both earnings per share (EPS) and return on assets (ROA). This combination of strong stock performance and positive operational metrics contributes to a favorable outlook for First Bancorp.

Bear case

First Bancorp faces a challenging outlook due to the potential deterioration of the markets in which it operates, which may adversely affect the company's profitability. Additionally, there are concerns that credit costs may surpass current expectations, further impacting the bank's financial stability. These factors contribute to a negative perception of First Bancorp's likelihood to maintain robust financial performance in the near future.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.