First Bancorp
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Bancorp's past years’ income statements indicate that its last revenue has increased compared to the previous period by 39% to $546,249,000. Profit margin reached 19%. Total operating expenses were $404,298,000.
Profit Margin
| 2014 | 162.66M | 24.99M | 15.37% |
|---|---|---|---|
| 2015 | 148.61M | 27.03M | 18.19% |
| 2016 | 159.18M | 27.50M | 17.28% |
| 2017 | 213.61M | 45.97M | 21.52% |
| 2018 | 269.26M | 89.28M | 33.16% |
| 2019 | 274.79M | 92.04M | 33.5% |
| 2020 | 299.46M | 81.47M | 27.21% |
| 2021 | 320.00M | 95.64M | 29.89% |
| 2022 | 392.83M | 146.93M | 37.4% |
| 2023 | 546.24M | 104.13M | 19.06% |
FBNC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 546.24M | 392.83M | 320.00M | 299.46M | 274.79M | 269.26M | 213.61M | 159.18M | 148.61M | 162.66M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 546.24M | 392.83M | 320.00M | 299.46M | 274.79M | 269.26M | 213.61M | 159.18M | 148.61M | 162.66M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 4.05M | 3.03M | 2.58M | 2.29M | 3.12M | 3.06M | 2.54M | 1.99M | 1.67M | 1.48M |
Total operating expenses | 404.29M | -191.51M | -199.68M | -196.33M | -158.51M | -125.93M | -127.71M | -104.84M | -96.05M | -111.29M |
Operating income | 145.65M | 201.32M | 120.31M | 103.13M | 116.27M | 143.33M | 85.90M | 54.34M | 52.56M | 51.37M |
Other income (expenses), net | -13.69M | -16.10M | 120.31M | -42.46M | 116.27M | -29.85M | -46.30M | -12.20M | -29.02M | -29.13M |
Income before tax | 131.95M | 185.21M | 120.31M | 103.13M | 116.27M | 113.47M | 67.73M | 42.13M | 41.16M | 38.53M |
Income tax expense | 27.82M | 38.28M | 24.67M | 21.65M | 24.23M | 24.18M | 21.76M | 14.62M | 14.12M | 13.53M |
Net income | 104.13M | 146.93M | 95.64M | 81.47M | 92.04M | 89.28M | 45.97M | 27.50M | 27.03M | 24.99M |
Earnings per share | ||||||||||
Basic EPS | 2.54 | 4.12 | 3.19 | 2.81 | 3.12 | 3.02 | 1.82 | 1.37 | 1.34 | 1.22 |
Diluted EPS | 2.51 | 4.12 | 3.19 | 2.81 | 3.1 | 3.01 | 1.82 | 1.33 | 1.3 | 1.19 |
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