Thomas Phillips - First Bancorp Director of the Company and First Bank

FBNC Stock  USD 36.12  0.18  0.50%   

Director

Mr. Thomas F. Phillips is an Independent Director of the First Bancorp and its subsidiary First Bank. He is a retired automobile dealer. He served as a director of First Savings Bancorp, Inc. from 1985 until its merger with the Company in 2000 since 2013.
Age 72
Tenure 11 years
Address 300 SW Broad Street, Southern Pines, NC, United States, 28387
Phone910 246 2500
Webhttps://localfirstbank.com
Phillips has served as a director of the Company and First Bank since 2000 and is a former chairman of both boards of directors.

Thomas Phillips Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Phillips against First Bancorp stock is an integral part of due diligence when investing in First Bancorp. Thomas Phillips insider activity provides valuable insight into whether First Bancorp is net buyers or sellers over its current business cycle. Note, First Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Thomas Phillips over a year ago
Sale by Thomas Phillips of 10000 shares of Rev

First Bancorp Management Efficiency

At present, First Bancorp's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, First Bancorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 11.4 B, whereas Other Assets are forecasted to decline to 0.95. First Bancorp's management efficiency ratios could be used to measure how well First Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 647.99 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Debt can assist First Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, First Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Bancorp's use of debt, we should always consider it together with cash and equity.

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First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1179 people. First Bancorp (FBNC) is traded on NASDAQ Exchange in USA. It is located in 300 SW Broad Street, Southern Pines, NC, United States, 28387 and employs 1,396 people. First Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Bancorp Leadership Team

Elected by the shareholders, the First Bancorp's board of directors comprises two types of representatives: First Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Bancorp's management team and ensure that shareholders' interests are well served. First Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Soccorso, Executive Vice President Co- Chief Credit Officer of First Bank
Michael Mayer, President of First Bank and Director of First Bank
Thomas Phillips, Director of the Company and First Bank
Blaise Buczkowski, Chief VP
Mary Capel, Chairman of the Board
Virginia Thomasson, Independent Director
Daniel Blue, Independent Director
Donald Allred, Director
Elizabeth Bostian, General VP
Abby Donnelly, Director
John Burns, Executive VP and Executive VP of First Bank
Suzanne DeFerie, Director and Presidentident and CEO of ASB Bancorp
Eric Credle, CFO, Executive VP, CFO of First Bank and Executive VP of First Bank
John Gould, Director
Richard Moore, CEO and President Director, Member of Executive and Loan Committee and Director of First Bank
Frederick Taylor, Independent Director
Gregory Currie, President Bank
Temple Sloan, Independent Director
James Crawford, Chairman of First Bank; Director
Dennis Wicker, Independent Director

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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:
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When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is First Bancorp's industry 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
(0.33)
Dividend Share
0.88
Earnings Share
2.53
Revenue Per Share
9.481
Quarterly Revenue Growth
0.031
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.