First Bancorp (FBNC) Q4 Earnings Beat Estimates

Core Viewpoint - First Bancorp reported quarterly earnings of $1.19 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, and showing a significant increase from $0.76 per share a year ago, representing an earnings surprise of +15.53% [1] Financial Performance - The company posted revenues of $83.9 million for the quarter ended December 2025, which fell short of the Zacks Consensus Estimate by 31.2%, compared to $102.48 million in revenues from the previous year [2] - Over the last four quarters, First Bancorp has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - First Bancorp shares have increased by approximately 13.7% since the beginning of the year, while the S&P 500 has declined by 0.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.05 on revenues of $122.15 million, and for the current fiscal year, it is $4.50 on revenues of $508.05 million [7] - The trend of earnings estimate revisions is mixed ahead of the earnings release, which could influence future stock performance [6] Industry Context - The Banks - Southeast industry, to which First Bancorp belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]