First Bancorp (FBNC) - Net assets

Net assets on the balance sheet as of September 2024 : $1.47 Billion USD

According to First Bancorp 's latest financial reports the company has $1.47 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

First Bancorp - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$1.03 B	-16.17%
2021-12-31	$$1.23 B	37.74%
2020-12-31	$$0.89 B	4.81%
2019-12-31	$$0.85 B	11.54%
2018-12-31	$$0.76 B	10.28%
2017-12-31	$$0.69 B	88.26%
2016-12-31	$$0.36 B	7.57%
2015-12-31	$$0.34 B	-11.74%
2014-12-31	$$0.38 B	4.24%
2013-12-31	$$0.37 B	4.44%
2012-12-31	$$0.35 B	3.18%
2011-12-31	$$0.34 B	0.16%
2010-12-31	$$0.34 B	0.65%
2009-12-31	$$0.34 B	55.72%
2008-12-31	$$0.21 B	26.31%
2007-12-31	$$0.17 B	6.99%
2006-12-31	$$0.16 B	4.48%
2005-12-31	$$0.15 B	4.88%
2004-12-31	$$0.14 B	4.67%
2003-12-31	$$0.14 B	14.41%
2002-12-31	$$0.12 B	6.22%
2001-12-31	$$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
First Citizens BancShares FCNCA	$22.48 B	1,421.94%	🇺🇸 USA
Peoples Bancorp of North Carolina PEBK	$0.13 B	-90.78%	🇺🇸 USA
Zions Bancorporation ZION	$6.38 B	332.14%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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