Filing Flows › First Bancorp (FBNC) › Q3 2026 › vs Q3 2025
First Bancorp (FBNC) Q3 2026 vs Q3 2025 (year over year)
First Bancorp's revenue rose $40.3M (+45%) from $89.6M in Q3 2025 to $130M in Q3 2026. The biggest changes: Noninterest income +$28.1M (—); Net interest income +$12.3M (+12%). Operating margin 49.7% against 29.0% (+20.8 pts).
First Bancorp, Q3 2026: revenue $130M (+45% year over year), operating margin 49.7%, net earnings $51.3M, operating cash flow $102M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 49.7% | 29.0% | +20.8 pts |
| Net margin | 39.5% | 22.7% | +16.7 pts |
| Free cash flow margin | 75.4% | 53.8% | +21.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $115M | $103M | $12.3M | +12% |
| Noninterest income | $15.1M | −$13.0M | $28.1M | — |
| Revenue | $130M | $89.6M | $40.3M | +45% |
| Operating profit | $64.6M | $26.0M | $38.7M | +149% |
| Costs & expenses | $65.3M | $63.6M | $1.7M | +3% |
| Pre-tax earnings | $64.6M | $26.0M | $38.7M | +149% |
| Credit loss provision | $1.3M | $3.4M | −$2.1M | -62% |
| Noninterest expense | $64.0M | $60.2M | $3.8M | +6% |
| Net earnings | $51.3M | $20.4M | $30.9M | +152% |
| Income tax | $13.3M | $5.6M | $7.8M | +139% |
| Depreciation & amortization | $2.8M | $3.0M | −$241K | -8% |
| Share-based compensation | $925K | $577K | $348K | +60% |
| Working capital & other | $46.6M | $25.7M | $20.8M | +81% |
| Operating cash flow | $102M | $49.7M | $51.9M | +104% |
| Free cash flow (OCF − capex) | $98.0M | $48.2M | $49.8M | +103% |
| Capital expenditures | $3.6M | $1.5M | $2.1M | +144% |
Questions
How much did First Bancorp's revenue grow year over year in Q3 2026?
First Bancorp's revenue rose $40.3M (+45%) from $89.6M in Q3 2025 to $130M in Q3 2026.
What drove First Bancorp's revenue change in Q3 2026?
Noninterest income +$28.1M (—); Net interest income +$12.3M (+12%).