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First Bancorp (FBNC) reported $127.3 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 14.7%. EPS of $1.22 for the same period compares to $0.93 a year ago.
The reported revenue represents a surprise of +1.46% over the Zacks Consensus Estimate of $125.47 million. With the consensus EPS estimate being $1.15, the EPS surprise was +6.09%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how First Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Net Interest Margin: 3.7% compared to the 3.7% average estimate based on three analysts.
- Net Charge-offs: 0% versus 0.1% estimated by two analysts on average.
- Average Interest-Earning Assets: $12.01 billion versus $12 billion estimated by two analysts on average.
- Total Non Interest Income: $16.03 million compared to the $15.59 million average estimate based on three analysts.
- Bank-Owned Life Insurance Income: $1.36 million versus the two-analyst average estimate of $1.18 million.
- Fees from presold mortgage loans: $0.66 million compared to the $0.9 million average estimate based on two analysts.
- Net Interest Income tax-equivalent: $111.73 million versus $110.86 million estimated by two analysts on average.
- SBA loan sale gains: $0.53 million versus $1.16 million estimated by two analysts on average.
- Service charges on deposit accounts: $4.21 million versus $4.03 million estimated by two analysts on average.
- Other service charges, commissions and fees: $5.99 million compared to the $6.14 million average estimate based on two analysts.
- Net Interest Income: $111.27 million versus $109.06 million estimated by two analysts on average.
- Commissions from sales of insurance and financial products: $1.71 million versus $1.72 million estimated by two analysts on average.
View all Key Company Metrics for First Bancorp here>>>
Shares of First Bancorp have returned +4% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.This article originally published on Zacks Investment Research (zacks.com).
