First Bancorp Debt-to-Equity Ratio Growth & History (FBNC)
First Bancorp's debt-to-equity ratio was 0.05 for fiscal 2025.
View full First Bancorp company overviewFirst Bancorp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.05 | −0.02 | −27.14% |
| 2024 | 2024-12-31 | 0.07 | −0.78 | −91.41% |
| 2023 | 2023-12-31 | 0.86 | 0.35 | +67.62% |
| 2022 | 2022-12-31 | 0.51 | 0.44 | +610.79% |
| 2021 | 2021-12-31 | 0.07 | −0.02 | −19.31% |
| 2020 | 2020-12-31 | 0.09 | −0.58 | −86.74% |
| 2019 | 2019-12-31 | 0.67 | −0.19 | −22.04% |
| 2018 | 2018-12-31 | 0.86 | 0.27 | +45.64% |
| 2017 | 2017-12-31 | 0.59 | — | — |
| 2012 | 2012-12-31 | 0.13 | −0.26 | −66.42% |
| 2011 | 2011-12-31 | 0.39 | — | — |
First Bancorp quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.05 | −0.02 | −24.69% |
| Q1 2026 | 2026-03-31 | 0.05 | −0.02 | −24.78% |
| Q4 2025 | 2025-12-31 | 0.05 | −0.02 | −27.14% |
| Q3 2025 | 2025-09-30 | 0.07 | −0.01 | −7.54% |
| Q2 2025 | 2025-06-30 | 0.07 | −0.01 | −9.53% |
| Q1 2025 | 2025-03-31 | 0.07 | −0.18 | −72.26% |
| Q4 2024 | 2024-12-31 | 0.07 | −0.78 | −91.41% |
| Q3 2024 | 2024-09-30 | 0.07 | −0.26 | −78.40% |
| Q2 2024 | 2024-06-30 | 0.08 | −0.31 | −80.28% |
| Q1 2024 | 2024-03-31 | 0.25 | −0.23 | −47.24% |
| Q4 2023 | 2023-12-31 | 0.86 | 0.35 | +67.62% |
| Q3 2023 | 2023-09-30 | 0.33 | 0.08 | +33.53% |
| Q2 2023 | 2023-06-30 | 0.39 | 0.30 | +367.33% |
| Q1 2023 | 2023-03-31 | 0.48 | 0.40 | +509.43% |
| Q4 2022 | 2022-12-31 | 0.51 | 0.44 | +610.79% |
| Q3 2022 | 2022-09-30 | 0.25 | 0.17 | +197.91% |
| Q2 2022 | 2022-06-30 | 0.08 | −0.00 | −4.42% |
| Q1 2022 | 2022-03-31 | 0.08 | −0.01 | −11.94% |
| Q4 2021 | 2021-12-31 | 0.07 | −0.02 | −19.31% |
| Q3 2021 | 2021-09-30 | 0.08 | −0.01 | −8.14% |
| Q2 2021 | 2021-06-30 | 0.09 | −0.06 | −42.90% |
| Q1 2021 | 2021-03-31 | 0.09 | −0.40 | −81.65% |
| Q4 2020 | 2020-12-31 | 0.09 | −0.58 | −86.74% |
| Q3 2020 | 2020-09-30 | 0.09 | 0.07 | +268.03% |
| Q2 2020 | 2020-06-30 | 0.15 | 0.13 | +541.25% |
| Q1 2020 | 2020-03-31 | 0.49 | 0.47 | +1931.70% |
| Q4 2019 | 2019-12-31 | 0.67 | −0.19 | −22.04% |
| Q3 2019 | 2019-09-30 | 0.02 | — | — |
| Q2 2019 | 2019-06-30 | 0.02 | — | — |
| Q1 2019 | 2019-03-31 | 0.02 | — | — |
| Q4 2018 | 2018-12-31 | 0.86 | 0.27 | +45.64% |
| Q4 2017 | 2017-12-31 | 0.59 | — | — |
| Q4 2012 | 2012-12-31 | 0.13 | −0.26 | −66.42% |
| Q4 2011 | 2011-12-31 | 0.39 | — | — |
First Bancorp debt-to-equity ratio trends
Over the last five fiscal years, First Bancorp's debt-to-equity ratio decreased from 0.09 to 0.05, a change of −0.04. The latest reported quarter, Q2 2026, shows 0.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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