First Bancorp /NC/ Revenue, Growth & Competitor Profile

DBA ASHEVILLE SAVINGS BANK, S.S.B.
DBA FIRST BANCORP

Company Profile & Annual Report for First Bancorp /NC/

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First Bancorp /NC/ Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	52211 Commercial Banking
Additional NAICS Codes	52212 Savings Institutions
Address	300 Sw Broad Street Southern Pines, NC 28387

Note: Revenues for privately held companies are statistical evaluations.


First Bancorp /NC/'s Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • First Bancorp /NC/'s annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • First Bancorp /NC/ is classified as operating in the Commercial Banking industry, NAICS Code 52211.

First Bancorp /NC/ Annual Revenue and Growth Rate

First Bancorp /NC/	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: First Bancorp /NC/'s revenues are gauged from an analysis of company filings.

First Bancorp /NC/'s Income Statement (based on Industry Averages)

First Bancorp /NC/ P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that First Bancorp /NC/ is developing and marketing. First Bancorp /NC/ doesn't have any recent trademark applications, indicating First Bancorp /NC/ is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
ASHEVILLE SAVINGS INVESTMENT SERVICES Financial and investment services, namely, management and brokerage in the fields of stocks, bonds, options, commodities, futures and other securities, and the investment of funds of others; Financial investment analysis and stock research; Financial investment brokerage; Financial investment brokerage services; Financial planning and investment advisory services	12/29/2015
A ASHEVILLE SAVINGS INVESTMENT ADVISORS Financial and investment services, namely, management and brokerage in the fields of stocks, bonds, options, commodities, futures and other securities, and the investment of funds of others; Financial investment analysis and stock research; Financial investment brokerage; Financial investment brokerage services; Financial planning and investment advisory services	08/21/2015
CARUS BANK Financial services, namely, bank services, deposit account services, mortgage and loan services, business loan services, credit card services, financial literacy services, insurance and wealth management services	10/27/2011

See all trademarks and details in the Full Report.

Market Share of First Bancorp /NC/'s Largest Competitors

A competitive analysis shows these companies are in the same general field as First Bancorp /NC/, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	100
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	72
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	20
U.S. BANCORP	Minneapolis, MN	17
TRUIST FINANCIAL	Charlotte, NC	13
MUFG BANK	New York, NY	10
TD BANK	Falmouth, ME	9
FIRST-CITIZENS BANK & TRUST	Raleigh, NC	7
FEDERAL HOME LOAN BANK OF DES MOINES	Des Moines, IA	6

Nearby Competitors

These companies are similar in business line and location to First Bancorp /NC/. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
FIRST BANCORP /NC/	Southern Pines, NC	100
SOUTHERN BANK & TRUST	Mount Olive, NC	70
LUMBEE GUARANTY BANK	Pembroke, NC	9
FORT BRAGG FEDERAL CREDIT UNION	Fayetteville, NC	7
FIRST FEDERAL BANK	Dunn, NC	6
BRAGG MUTUAL FEDERAL CREDIT UNION	Fayetteville, NC	3

Future Competition: First Bancorp /NC/'s Fastest Growing Competitors

These companies are in the same general field as First Bancorp /NC/ and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)