First Bancorp vs National Bank Holdings
First Bancorp and National Bank Holdings are similar in size: $390m and $416m of revenue in their latest fiscal years. First Bancorp grew faster (11.5% against 2.3%). First Bancorp kept more of each dollar of sales as profit: a net margin of 28.5% against 26.3%.
| Latest fiscal year | First BancorpFBNC, 2025 | National Bank HoldingsNBHC, 2025 |
|---|---|---|
| Revenue | $390m | $416m |
| Revenue growth | 11.5% | 2.3% |
| Net income | $111m | $110m |
| Operating margin | — | — |
| Net margin | 28.5% | 26.3% |
| Return on equity | 7.2% | 8.1% |
| Free cash flow | $199m | $162m |
| Cash | $310m | $417m |
| Total debt | $78.1m | $54.5m |
| Debt to equity | — | — |
| Dividend per share | $0.91 | $1.20 |
| Dividend yield | 1.4% | 3.1% |
| Share buybacks | $991,000 | $15.2m |
| Employees | — | — |
| Market value | $2.67bn | $1.67bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | 59 (Moderate) |
| Insider trades, 12 months | 1 buys, 10 sales | 1 buys, 2 sales |