First Bancorp (North Carolina)
NASDAQ:FBNC
During the last 3 months First Bancorp (North Carolina) insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 14% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Crawford James C Iii
(Executive Vice President - Chief Risk Officer)
, who
sold
274.3k USD
worth of FBNC shares.
During the last 3 months First Bancorp (North Carolina) insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 14% over this period (open performance analysis).
The last transaction was made on
Nov 26, 2024
by
Crawford James C Iii
(Executive Vice President - Chief Risk Officer)
, who
sold
274.3k USD
worth of FBNC shares.
First Bancorp (North Carolina)
Glance View
First Bancorp, headquartered in Southern Pines, North Carolina, weaves its existence into the fabric of community-focused financial services. As a holding company, it oversees First Bank, establishing its presence through a network of branches concentrated in the Carolinas. This regional banking institution has evolved over the years by adeptly weaving modern banking solutions with personalized customer service. Its product offerings extend from traditional savings and checking accounts to more complex financial instruments like loans and investment services. The bank thrives on its ability to provide tailored financial products to small businesses and individuals—earning it the trust of its customer base and solidifying its footprint across the region. This bank's revenue streams are a testament to its steady operating model. Primarily, it earns through interest income—comprising the interest collected on loans to individuals and enterprises, which is significantly higher than the interest paid on customer deposits. By maintaining a balanced loan portfolio spread across commercial, residential, and consumer loans, First Bancorp strategically reduces risk while sustaining profitability. Furthermore, the bank augments its income through fees derived from various services, including asset management and wealth advisory, alongside charges associated with account maintenance and transactional operations. The blend of interest income and fee-based services forms the backbone of its financial success, allowing First Bancorp to pursue growth strategies within its local communities while navigating the broader economic landscape.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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