First Cash vs Common Stock Shares Outstanding Analysis

FBNC Stock  USD 47.86  0.72  1.48%   
First Bancorp financial indicator trend analysis is much more than just examining First Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancorp is a good investment. Please check the relationship between First Bancorp Cash and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between First Bancorp's Cash and Common Stock Shares Outstanding is 0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of First Bancorp, assuming nothing else is changed. The correlation between historical values of First Bancorp's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of First Bancorp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., First Bancorp's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of First Bancorp, which is listed under current asset account on First Bancorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Bancorp customers. The amounts must be unrestricted with restricted cash listed in a different First Bancorp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to about 25.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit320.0M392.8M546.2M573.6M
Total Revenue320.0M392.8M546.2M573.6M

First Bancorp fundamental ratios Correlations

0.930.560.120.760.940.880.630.950.80.130.870.72-0.330.17-0.050.76-0.070.930.94-0.460.97-0.560.620.950.97
0.930.440.040.680.990.960.440.990.690.290.840.64-0.140.340.090.690.01.00.96-0.330.98-0.520.50.980.98
0.560.440.220.440.490.520.60.450.490.40.40.37-0.17-0.08-0.070.450.390.430.540.180.530.210.790.520.52
0.120.040.22-0.010.060.06-0.040.040.070.26-0.03-0.04-0.460.050.0-0.03-0.380.030.030.310.070.30.130.070.06
0.760.680.44-0.010.670.560.810.690.93-0.220.960.98-0.62-0.210.071.0-0.210.680.8-0.470.72-0.40.840.670.74
0.940.990.490.060.670.970.420.970.670.340.830.64-0.190.410.060.68-0.010.980.97-0.280.99-0.490.530.980.98
0.880.960.520.060.560.970.340.950.560.460.720.52-0.030.440.060.570.040.950.95-0.160.94-0.390.490.940.93
0.630.440.6-0.040.810.420.340.50.89-0.410.730.77-0.47-0.570.060.82-0.110.450.56-0.540.52-0.30.820.470.54
0.950.990.450.040.690.970.950.50.710.230.840.64-0.150.280.090.69-0.060.990.96-0.410.97-0.560.510.960.96
0.80.690.490.070.930.670.560.890.71-0.30.910.9-0.56-0.310.180.93-0.260.690.77-0.580.74-0.460.780.70.76
0.130.290.40.26-0.220.340.46-0.410.23-0.3-0.1-0.250.340.65-0.05-0.210.510.280.250.730.280.440.040.310.24
0.870.840.4-0.030.960.830.720.730.840.91-0.10.94-0.5-0.020.080.96-0.160.850.9-0.50.86-0.530.740.830.88
0.720.640.37-0.040.980.640.520.770.640.9-0.250.94-0.6-0.230.050.98-0.210.640.76-0.460.68-0.390.80.620.7
-0.33-0.14-0.17-0.46-0.62-0.19-0.03-0.47-0.15-0.560.34-0.5-0.60.140.06-0.60.53-0.13-0.250.27-0.220.22-0.51-0.17-0.24
0.170.34-0.080.05-0.210.410.44-0.570.28-0.310.65-0.02-0.230.14-0.08-0.210.140.330.240.280.3-0.18-0.290.340.27
-0.050.09-0.070.00.070.060.060.060.090.18-0.050.080.050.06-0.080.07-0.140.10.070.010.050.050.00.030.04
0.760.690.45-0.031.00.680.570.820.690.93-0.210.960.98-0.6-0.210.07-0.180.690.8-0.460.73-0.40.840.670.75
-0.070.00.39-0.38-0.21-0.010.04-0.11-0.06-0.260.51-0.16-0.210.530.14-0.14-0.180.0-0.040.420.020.370.030.050.02
0.931.00.430.030.680.980.950.450.990.690.280.850.64-0.130.330.10.690.00.96-0.340.98-0.520.50.980.98
0.940.960.540.030.80.970.950.560.960.770.250.90.76-0.250.240.070.8-0.040.96-0.30.97-0.440.680.950.96
-0.46-0.330.180.31-0.47-0.28-0.16-0.54-0.41-0.580.73-0.5-0.460.270.280.01-0.460.42-0.34-0.3-0.330.89-0.07-0.31-0.35
0.970.980.530.070.720.990.940.520.970.740.280.860.68-0.220.30.050.730.020.980.97-0.33-0.50.580.991.0
-0.56-0.520.210.3-0.4-0.49-0.39-0.3-0.56-0.460.44-0.53-0.390.22-0.180.05-0.40.37-0.52-0.440.89-0.50.04-0.49-0.5
0.620.50.790.130.840.530.490.820.510.780.040.740.8-0.51-0.290.00.840.030.50.68-0.070.580.040.530.6
0.950.980.520.070.670.980.940.470.960.70.310.830.62-0.170.340.030.670.050.980.95-0.310.99-0.490.530.99
0.970.980.520.060.740.980.930.540.960.760.240.880.7-0.240.270.040.750.020.980.96-0.351.0-0.50.60.99
Click cells to compare fundamentals

First Bancorp Account Relationship Matchups

First Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding29.7M29.0M30.0M35.7M41.2M43.2M
Total Assets6.1B7.3B10.5B10.6B12.1B12.7B
Short Long Term Debt Total538.7M79.7M88.6M306.9M570.7M599.2M
Other Current Liab(240.2M)1.6M1.3M47.0M(5.7M)(5.4M)
Total Current Liabilities240.2M904K607K2.7M8.5B8.9B
Total Stockholder Equity852.4M893.4M1.2B1.0B1.4B1.4B
Property Plant And Equipment Net134.5M138.0M156.8M152.9M168.0M176.4M
Net Debt69.4M(287.6M)(372.6M)36.6M332.8M349.5M
Retained Earnings417.8M478.5M532.9M648.4M716.4M752.2M
Accounts Payable2.2M904K607K2.7M5.7M6.0M
Cash231.3M367.3M461.2M270.3M237.9M188.4M
Non Current Assets Total1.3B2.0B3.7B3.4B11.9B12.5B
Non Currrent Assets Other(10.9M)(18.7M)(19.4M)(136.2M)10.8B11.4B
Other Assets3.8B3.4B3.7B6.9B(263.8M)(250.6M)
Cash And Short Term Investments1.1B1.8B3.1B270.3M237.9M408.7M
Net Receivables16.6M20.3M25.9M29.7M37.4M19.5M
Liabilities And Stockholders Equity6.1B7.3B10.5B10.6B12.1B12.7B
Non Current Liabilities Total300.7M79.7M88.6M306.9M10.7B11.3B
Total Liab5.3B6.4B9.3B9.6B10.7B11.3B
Property Plant And Equipment Gross134.5M138.0M156.8M152.9M236.7M248.6M
Total Current Assets1.1B1.8B3.1B300.0M513.1M487.4M
Accumulated Other Comprehensive Income5.1M14.4M(25.0M)(342.0M)(308.0M)(292.6M)
Other Current Assets251.8M390.0M490.1M300.7M275.2M261.4M
Short Term Debt238M3.4M2.5M52.4M554.4M582.2M
Common Stock Total Equity434.5M429.5M400.6M722.7M831.1M872.6M
Common Stock429.5M400.6M722.7M725.2M964.0M1.0B
Other Liab37.2M43.0M65.1M56.3M64.7M68.0M
Long Term Debt300.7M61.8M67.4M287.5M552.8M580.5M
Short Term Investments821.9M1.5B2.6B2.3B(2.5B)(2.4B)
Inventory(251.8M)(390.0M)(490.1M)(300.7M)63.5M66.7M
Intangible Assets251.6M254.6M382.1M376.9M32.9M31.2M
Property Plant Equipment114.9M120.5M156.8M152.9M175.9M184.7M
Net Tangible Assets600.8M638.8M848.5M658.7M757.5M485.4M
Retained Earnings Total Equity341.7M417.8M478.5M532.9M612.8M643.4M
Long Term Debt Total406.6M300.7M61.8M67.4M77.5M73.6M
Long Term Investments889.9M1.6B3.1B2.9B2.7B2.9B
Non Current Liabilities Other32.0M57.1M60.0M85.7M98.6M103.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
0.88
Earnings Share
2.48
Revenue Per Share
8.862
Quarterly Revenue Growth
(0.17)
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.