First Bancorp (FBNC) Q1 Earnings: Misses EPS Estimates, Reports Decline in Net Interest Income
Earnings Per Share (EPS): Achieved $0.61, falling short of the estimated $0.63. Revenue: Net interest income for the quarter was $79.2 million, indicating a decrease from previous periods. Loan Portfolio: Total loans reached $8.1 billion, marking a decrease of $73.6 million from the previous quarter but an increase of $277.5 million year-over-year.