Here's What Key Metrics Tell Us About First Bancorp (FBNC) Q3 Earnings

Core Insights - First Bancorp reported a revenue of $117.52 million for the quarter ended September 2025, marking a 21.6% increase year-over-year [1] - The earnings per share (EPS) was $1.01, up from $0.70 in the same quarter last year, exceeding the consensus EPS estimate of $0.93 by 8.6% [1] - The revenue surpassed the Zacks Consensus Estimate of $112.37 million, resulting in a surprise of 4.58% [1] Financial Metrics - Net Interest Margin was reported at 3.5%, higher than the estimated 3.3% [4] - Net Charge-offs remained stable at 0.1%, matching the average estimate [4] - Average Interest-Earning Assets totaled $11.79 billion, slightly above the estimated $11.78 billion [4] - Total Non-Interest Income reached $15.03 million, exceeding the average estimate of $14.11 million [4] - Bank-Owned Life Insurance Income was $1.29 million, compared to the estimated $1.12 million [4] - Other service charges, commissions, and fees amounted to $6.36 million, surpassing the average estimate of $5.97 million [4] - Commissions from sales of insurance and financial products were $1.68 million, exceeding the estimated $1.21 million [4] - Service charges on deposit accounts totaled $4.23 million, above the average estimate of $4.07 million [4] - Net Interest Income was reported at $102.49 million, compared to the average estimate of $97.42 million [4] Stock Performance - Shares of First Bancorp have declined by 8.3% over the past month, while the Zacks S&P 500 composite increased by 1.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]