First Bancorp FBNC reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
First Bancorp beat estimated earnings by 30.19%, reporting an EPS of $0.69 versus an estimate of $0.53, which surprised analysts.
Revenue was up $12.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04, which was followed by a 2.08% drop in the share price the next day.
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