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FBNCBullishEarningsnews
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First Bancorp (FBNC) Q2 Earnings and Revenues Beat Estimates

Jul 24, 2024, 6:31 PM EDT1 sourcesAI-analyzed

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FBNC reported earnings of $0.70, beating estimates of $0.59. Revenue of $95.72 million exceeded the consensus estimate by 1.83%. The bank's stock is up 7.2% this year, underperforming the S&P 500. Estimate revisions for FBNC are mixed, leading to a Zacks Rank #3 (Hold). The Banks - Southeast industry is in the bottom 38% of Zacks industries.

  • FBNC reported earnings of $0.70, beating estimates of $0.59.
  • Revenue of $95.72 million exceeded the consensus estimate by 1.83%.
  • The bank's stock is up 7.2% this year, underperforming the S&P 500.
  • Estimate revisions for FBNC are mixed, leading to a Zacks Rank #3 (Hold).
  • The Banks - Southeast industry is in the bottom 38% of Zacks industries.

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