First Bancorp (FBNC) - Total Assets
Based on the latest financial reports, First Bancorp (FBNC) holds total assets worth $12.95 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does First Bancorp reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
First Bancorp - Total Assets Trend (1991–2025)
This chart illustrates how First Bancorp's total assets have evolved over time, based on quarterly financial data. Explore FBNC long-term investments to assets to see how much of total assets are deployed in long-term investments.
First Bancorp - Asset Composition Analysis
Current Asset Composition (December 2025)
First Bancorp's total assets of $12.95 Billion consist of 17.6% current assets and 82.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $39.21 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $17.23 Million | 0.1% |
| Goodwill | $478.75 Million | 3.8% |
Asset Composition Trend (1991–2025)
This chart illustrates how First Bancorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see First Bancorp (FBNC) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Bancorp's current assets represent 17.6% of total assets in 2025, an increase from 7.4% in 1991.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2025, down from 6.4% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is goodwill at 3.8% of total assets.
First Bancorp Competitors by Total Assets
Key competitors of First Bancorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BNP Paribas SA
PA:BNP
|
France | €2.79 Trillion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
Malaysia | RM778.72 Billion |
|
Hua Xia Bank Co Ltd
SHG:600015
|
China | CN¥4.88 Trillion |
|
Bank of Xi'An Co Ltd
SHG:600928
|
China | CN¥546.99 Billion |
|
Grupo Security
SN:SECURITY
|
Chile | CL$15.89 Trillion |
|
Bank Mestika Dharma Tbk
JK:BBMD
|
Indonesia | Rp16.58 Trillion |
|
Bank Multiarta Sentosa PT
JK:MASB
|
Indonesia | Rp34.10 Trillion |
|
Bank Ochrony Środowiska SA
WAR:BOS
|
Poland | zł25.72 Billion |
First Bancorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.24 | 0.23 | 0.35 |
| Quick Ratio | 0.24 | 0.23 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.19 Billion | $-8.09 Billion | $-4.36 Billion |
First Bancorp - Advanced Valuation Insights
This section examines the relationship between First Bancorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.46 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | $12.67 Billion |
| Market Capitalization | $2.48 Billion USD |
Valuation Analysis
Below Book Valuation: The market values First Bancorp's assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Bancorp's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Bancorp (1991–2025)
The table below shows the annual total assets of First Bancorp from 1991 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $12.67 Billion | +4.29% |
| 2024-12-31 | $12.15 Billion | +0.27% |
| 2023-12-31 | $12.11 Billion | +14.02% |
| 2022-12-31 | $10.63 Billion | +1.11% |
| 2021-12-31 | $10.51 Billion | +44.16% |
| 2020-12-31 | $7.29 Billion | +18.66% |
| 2019-12-31 | $6.14 Billion | +4.77% |
| 2018-12-31 | $5.86 Billion | +5.71% |
| 2017-12-31 | $5.55 Billion | +53.45% |
| 2016-12-31 | $3.61 Billion | +7.52% |
| 2015-12-31 | $3.36 Billion | +4.46% |
| 2014-12-31 | $3.22 Billion | +1.05% |
| 2013-12-31 | $3.19 Billion | -1.84% |
| 2012-12-31 | $3.24 Billion | -1.38% |
| 2011-12-31 | $3.29 Billion | +0.35% |
| 2010-12-31 | $3.28 Billion | -7.51% |
| 2009-12-31 | $3.55 Billion | +28.90% |
| 2008-12-31 | $2.75 Billion | +18.70% |
| 2007-12-31 | $2.32 Billion | +8.45% |
| 2006-12-31 | $2.14 Billion | +18.63% |
| 2005-12-31 | $1.80 Billion | +9.89% |
| 2004-12-31 | $1.64 Billion | +11.05% |
| 2003-12-31 | $1.48 Billion | +21.15% |
| 2002-12-31 | $1.22 Billion | +6.42% |
| 2001-12-31 | $1.14 Billion | +25.08% |
| 2000-12-31 | $915.17 Million | +2.88% |
| 1999-12-31 | $889.53 Million | +80.87% |
| 1998-12-31 | $491.80 Million | +22.13% |
| 1997-12-31 | $402.70 Million | +20.03% |
| 1996-12-31 | $335.50 Million | +4.29% |
| 1995-12-31 | $321.70 Million | +11.08% |
| 1994-12-31 | $289.60 Million | +12.55% |
| 1993-12-31 | $257.30 Million | +6.06% |
| 1992-12-31 | $242.60 Million | +4.30% |
| 1991-12-31 | $232.60 Million | -- |
About First Bancorp
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and businesses. The company accepts deposit products, such as checking, savings, and money market accounts; and time deposits, including certificate of deposits and individual retirement accounts. It also offers commercial business loans, commercial and residential real es… Read more