First Bancorp (NASDAQ: FBNC) is one of 304 public companies in the “Banks” industry, but how does it compare to its competitors? We will compare First Bancorp to similar businesses based on the strength of its institutional ownership, profitability, valuation, risk, earnings, dividends and analyst recommendations.

Risk and Volatility

First Bancorp has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500. Comparatively, First Bancorp’s competitors have a beta of 0.79, meaning that their average share price is 21% less volatile than the S&P 500.

Valuation & Earnings

This table compares First Bancorp and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
First Bancorp $156.54 million $27.50 million 21.35
First Bancorp Competitors $5.50 billion $827.87 million 384.21

First Bancorp’s competitors have higher revenue and earnings than First Bancorp. First Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares First Bancorp and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
First Bancorp 19.96% 8.93% 0.97%
First Bancorp Competitors 18.77% 8.38% 0.94%

Dividends

First Bancorp pays an annual dividend of $0.32 per share and has a dividend yield of 0.9%. First Bancorp pays out 18.6% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 34.6% of their earnings in the form of a dividend.

Institutional and Insider Ownership

56.5% of First Bancorp shares are owned by institutional investors. Comparatively, 52.2% of shares of all “Banks” companies are owned by institutional investors. 1.9% of First Bancorp shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for First Bancorp and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Bancorp 0 1 3 0 2.75
First Bancorp Competitors 2179 8466 8521 333 2.36

First Bancorp currently has a consensus price target of $35.33, suggesting a potential downside of 3.80%. As a group, “Banks” companies have a potential downside of 8.09%. Given First Bancorp’s stronger consensus rating and higher probable upside, equities analysts plainly believe First Bancorp is more favorable than its competitors.

Summary

First Bancorp beats its competitors on 9 of the 15 factors compared.

About First Bancorp

First Bancorp is the bank holding company for First Bank (the Bank). The Company’s principal activity is the ownership and operation of First Bank. The Bank engages in a range of banking activities, including the acceptance of deposits and the making of loans. The Bank offers credit cards, debit cards, letters of credit, safe deposit box rentals and electronic funds transfer services, including wire transfers. In addition, the Bank offers Internet banking, mobile banking, cash management and bank-by-phone capabilities to its customers. It also offers a mobile check deposit feature for its mobile banking customers to deposit checks through their smartphone. The Bank offers remote deposit capture for its business customers. The Company provides loans for a range of consumer and commercial purposes, including loans for business, agriculture, real estate, personal uses, home improvement and automobiles.

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