First Bancorp (FBNC) Misses Q1 Earnings and Revenue Estimates

First Bancorp (FBNC) came out with quarterly earnings of $0.61 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.69%. A quarter ago, it was expected that this bank holding company for First Bank would post earnings of $0.66 per share when it actually produced earnings of $0.72, delivering a surprise of 9.09%.Over the last fo ...