FBNC Income Statement - TTM - First Bancorp

Income Statement (TTM)

First Bancorp Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	259	264	277	294	299	305	322	339	358	370	374	379	385	386	384	380	363	334	347	361
Change (%)		1.99	4.75	6.19	1.80	1.84	5.43	5.37	5.53	3.62	0.98	1.31	1.52	0.40	-0.66	-0.96	-4.59	-7.97	4.10	3.92
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales
Change (%)
% of Revenue

Gross Operating Profit	259	264	277	294	299	305	322	339	358	370	374	379	385	386	384	380	363	334	347	361
Change (%)		1.99	4.75	6.19	1.80	1.84	5.43	5.37	5.53	3.62	0.98	1.31	1.52	0.40	-0.66	-0.96	-4.59	-7.97	4.10	3.92
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

SG&A	118	119	119	120	119	122	128	135	138	140	147	152	165	165	165	165	163	164	164	165
Change (%)		0.41	0.25	0.67	-0.92	2.56	5.17	5.18	2.06	1.58	5.20	3.59	8.28	0.32	-0.17	0.07	-1.35	0.54	-0.16	0.60
% of Revenue	45.64	44.94	43.00	40.77	39.67	39.95	39.85	39.78	38.48	37.72	39.30	40.18	42.85	42.82	43.03	43.48	44.96	49.12	47.10	45.59

R&D
Change (%)
% of Revenue

OpEx	155	157	157	159	159	164	172	180	187	186	199	210	223	233	230	229	227	229	228	229
Change (%)		1.21	0.10	1.28	0.27	3.07	4.88	4.48	4.12	-0.52	6.87	5.31	6.20	4.40	-1.04	-0.69	-0.89	1.05	-0.46	0.39
% of Revenue	59.75	59.30	56.66	54.04	53.22	53.87	53.58	53.13	52.42	50.33	53.26	55.37	57.92	60.23	60.00	60.16	62.49	68.62	65.61	63.38

Operating Income	104	108	120	135	140	141	149	159	170	184	175	169	162	154	154	151	136	105	119	132
Change (%)		3.15	11.54	12.61	3.61	0.44	6.08	6.39	7.13	8.18	-4.99	-3.24	-4.28	-5.12	-0.08	-1.37	-10.18	-23.01	14.09	10.66
% of Revenue	40.25	40.70	43.34	45.96	46.78	46.13	46.42	46.87	47.58	49.67	46.74	44.63	42.08	39.77	40.00	39.84	37.51	31.38	34.39	36.62

Interest Expense
Change (%)
% of Revenue

Net Income	79	81	91	104	109	96	101	109	119	147	128	121	113	104	114	114	102	76	87	97
Change (%)		3.51	12.29	14.14	4.16	-12.07	6.04	7.20	9.48	23.45	-12.80	-5.61	-6.66	-7.76	9.71	-0.60	-9.87	-25.53	14.61	11.28
% of Revenue	30.36	30.81	33.03	35.50	36.32	31.36	31.54	32.09	33.29	39.66	34.25	31.91	29.34	26.95	29.77	29.87	28.22	22.84	25.14	26.92

Source: Capital IQ

First Bancorp - Income Statement (TTM)

Income Statement (TTM)