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First Carolina Financial Services, Inc.

First Carolina Financial Services, Inc.

FCBM · NYSE · Financial Services / Banks - Regional

13.42USD+0.02 (+0.15%)

Price History

Full chart

Market Stats

Previous Close13.40
Open13.66
Day Range13.36 – 13.66
52-Week Range12.17 – 13.40
Volume97.36K
Market Cap394.89M
P/E (TTM)28.24
Forward P/E0.00
EPS0.45
Dividend Yield0.00%
50-Day Avg12.70
200-Day Avg12.72

About

First Carolina Financial Services, Inc. operates as a bank holding company for First Carolina Bank that provides commercial banking services in the United States. It operates through two segments, Community Banking and BM Tech business line. The company offers business services including checking, savings, money market deposit accounts, certificates of deposit, individual retirement accounts, and large deposit insurance; commercial financing and real estate loans and consumer loans; credit and debit cards; online banking and bill pay services; remote deposit capture, treasury management, merchant services, and wealth management services; attorney advantage accounts and interest on lawyer trust accounts; payments services; consumer banking; real estate banking; commercial and industrial banking; higher education disbursements; BankMobile platform; and retail banking services. It serves small and medium-sized businesses, individuals, professionals, and institutions. The company was incorporated in 2009 and is headquartered in Raleigh, North Carolina.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Ronald Arvin Day
  • Employees269
  • Headquarters2626 Glenwood Avenue, Raleigh, NC, United States, 27608, USA
  • Websitehttps://www.firstcarolinabank.com

Leadership

  • Mr. Ronald Arvin DayPresident, CEO & Chairman · b. 1966
  • Mr. Steven G. DeatonChief Risk Officer & CFO · b. 1963
  • Ms. Kristen Dawn BrabbleChief Operating Officer · b. 1991
  • Mr. Stuart M. Rigot Esq., J.D.General Counsel & Chief Legal Officer
  • Mr. R. Gregory FerrellHead of Real Estate Banking of First Carolina Bank
  • Mr. D. Andrew MathiesonChief Revenue and Strategy Officer · b. 1963
  • Ms. Debra A. MedlinCorporate Secretary

Financials

Income Statement

Currency: USD2023-12-312024-12-312025-12-31
Total Revenue63.06M71.53M211.96M
Growth (%)-+13.44%+196.30%
Cost of Revenue--99.53M
Gross Profit63.06M71.53M112.43M
Gross Margin100.00%100.00%53.04%
Operating Expense--96.87M
Operating Income--15.55M
Operating Margin--7.34%
EBITDA--20.48M
EBITDA Margin--9.66%
Net Income19.63M20.91M12.20M
Net Income Margin31.13%29.23%5.76%
Interest Expense69.69M84.77M92.91M
Interest Expense % of Total Revenue110.52%118.50%43.84%

Balance Sheet

Currency: USD2023-12-312024-12-312025-12-31
Total Assets2.73B3.04B3.32B
Total Liabilities2.46B2.70B2.97B
Total Equity268.37M337.32M346.93M
Cash160.97M168.06M134.12M
Total Debt63.22M163.33M138.44M
Net Debt-97.75M-4.73M4.32M

Cash Flow

Currency: USD2023-12-312024-12-312025-12-31
Operating Cash Flow-30.69M61.94M35.92M
Investing Cash Flow-524.27M-347.35M-322.96M
Financing Cash Flow585.89M292.49M253.09M
Capital Expenditure7.07M4.76M3.89M
Free Cash Flow-37.76M57.18M32.03M
FCF to OCF123.03%92.32%89.16%

Earnings

Report DateJul 30, 2026Oct 29, 2026
EPS Estimate0.190.24
EPS Actual0.20-
Surprise5.26%-
TimingPre-market-

Key Statistics & Ratios

Market Cap394.89M
Enterprise Value396.37M
Trailing P/E28.24
Forward P/E0.00
Price / Sales3.06
Price / Book0.92
EPS0.45
Book Value13.83
Revenue (TTM)128.85M
Gross Profit (TTM)128.85M
Profit Margin10.80%
Operating Margin28.95%
Return on Equity0.00%
Return on Assets0.00%
Shares Outstanding31.07M
Shares Float25.00M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
22.53%
Insiders
19.45%
Retail / Other
58.02%

Top Institutional Holders

  • Wellington Management Company LLP
    1.18M3.80%
  • Mendon Capital Advisors Corp
    700.00K2.25%
  • Endeavour Capital Advisors Inc
    480.00K1.54%
  • Adage Capital Partners Gp LLC
    425.00K1.37%
  • Emerald Mutual Fund Advisers Trust
    414.09K1.33%
  • Fourthstone LLC
    377.23K1.21%
  • General American Investors Co Inc
    207.61K0.67%
  • Algebris Investment Management (UK) LLP
    130.89K0.42%
  • Citadel Advisors Llc
    102.18K0.33%
  • PMC FIG Opportunities LLC
    100.00K0.32%
  • Emerald Advisers, LLC
    94.24K0.30%
  • Kennedy Capital Management Inc
    75.34K0.24%
  • Millennium Management LLC
    70.19K0.23%
  • Pacific Ridge Capital Partners, LLC
    52.29K0.17%
  • John W. Rosenthal Capital Management, Inc.
    50.00K0.16%
  • Daytona Street Capital LLC
    34.35K0.11%

Top Fund Holders

  • RMB Mendon Financial Services A
    642.70K2.07%
  • Emerald Growth A
    378.51K1.22%
  • Algebris Financial Equity BM EUR Acc
    71.67K0.23%
  • Emerald Bkg & Finac Evolution - A
    35.58K0.11%