First Bancorp vs 1st Source
First Bancorp and 1st Source are similar in size: $390m and $434m of revenue in their latest fiscal years. 1st Source grew faster (12.1% against 11.5%). 1st Source kept more of each dollar of sales as profit: a net margin of 36.5% against 28.5%.
| Latest fiscal year | First BancorpFBNC, 2025 | 1st SourceSRCE, 2025 |
|---|---|---|
| Revenue | $390m | $434m |
| Revenue growth | 11.5% | 12.1% |
| Net income | $111m | $158m |
| Operating margin | — | — |
| Net margin | 28.5% | 36.5% |
| Return on equity | 7.2% | 13.3% |
| Free cash flow | $199m | $213m |
| Cash | $310m | $120m |
| Total debt | $78.1m | $239m |
| Debt to equity | — | — |
| Dividend per share | $0.91 | $1.52 |
| Dividend yield | 1.4% | 2.0% |
| Share buybacks | $991,000 | $13.9m |
| Employees | — | 1,190 |
| Market value | $2.70bn | $2.15bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | 90 (Strong) |
| Insider trades, 12 months | 1 buys, 10 sales | 0 buys, 0 sales |