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Stock impact report

First Bancorp (FBNC): Buy, Sell, or Hold Post Q3 Earnings? [Yahoo! Finance]

First Bancorp (FBNC) 
Last first bancorp earnings: 4/28 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Is now the time to buy First Bancorp, or should you be careful about including it in your portfolio? Get the full breakdown from our expert analysts, it's free Why Is First Bancorp Not Exciting? We're swiping left on First Bancorp for now. Here are three reasons there are better opportunities than FBNC and a stock we'd rather own. 1. Long-Term Revenue Growth Disappoints Net interest income and and fee-based revenue are the two pillars supporting bank earnings. The former captures profit from the gap between lending rates and deposit costs, while the latter encompasses charges for banking services, credit products, wealth management, and trading activities. Over the last five years, First Bancorp grew its revenue at a mediocre 8.2% compounded annual growth rate. This fell short of our benchmark for the banking sector. First Bancorp Quarterly Revenue 2. Low Net Interest Margin Reveals Weak Loan Book Profitability Net interest margin (NIM) serves as a critical gauge of a Show less Read more
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