Comparing the current results to its competitors, First Bancorp reported Revenue increase in the 2 quarter 2026 by 15.92 % year on year. The sales growth was above First Bancorp's competitors' average revenue growth of 9.23 %, achieved in the same quarter.
First Bancorp Net Income in the 2 quarter 2026 grew year on year by 30.43%, faster than the First Bancorp's competitors average income growth of 24.81 %
First Bancorp's Comment on Competition and Industry Peers
The company operates in a highly competitive environment across its lending and deposit activities. Competitors include national banks, super-regional banks, community banks, internet-based banks, insurance companies and agencies, mortgage companies, credit card issuers, leasing and finance companies, credit unions, money market mutual funds, brokerage firms, governmental and corporate bond issuers, and other securities firms. Many of these competitors possess greater resources, wider geographic reach, higher lending limits, and the capacity for large-scale advertising and promotions. Non-bank competitors may benefit from reduced regulatory oversight and capital requirements, enabling greater operational flexibility and lower costs. The company focuses on customer service, responsiveness, local decision-making, and maintaining customer relationships. Pricing competition is intense, particularly in loans and deposits, with ongoing pressure to raise deposit rates to attract and retain customers.
Overall company sales advanced by 15.92 % First Bancorp outperformed its competitors in this segment and improved market share, to approx. 0.32 %. << More on FBNC Market Share.
*Market share is calculated based on total revenue.
Bank Bradesco operates under a diversified business model, covering various financial services. It primarily focuses on providing banking services to individuals and businesses, including loans, credit cards, insurance, and investment products. The bank also leverages digital technologies to enhance customer experience and expand its customer base.
Hippo Holdings Inc is an insurtech company that aims to simplify the home insurance process by leveraging technology and data analytics. They offer a direct-to-consumer model, allowing customers to easily get quotes and purchase homeowners insurance online. With their proprietary software and algorithm, they strive to provide more accurate coverage and lower premiums to homeowners.
Hills Bancorporation's business model revolves around offering a range of financial services and products to individuals, businesses, and organizations. This includes traditional banking services such as deposit accounts, loans, and mortgages. The company aims to cater to the diverse financial needs of its customers through personalized solutions and efficient customer service.
First National Corp operates as a holding company for First National Bank, providing a range of banking and financial services. The business model focuses on building strong customer relationships by offering traditional banking services along with innovative digital solutions. By leveraging its local presence and extensive industry experience, the company aims to drive sustainable growth and deliver value to its stakeholders.
First Trinity Financial Corporation Share Performance
0.00%
30 Days
First Trinity Financial Corporation
Profile
First Trinity Financial Corp operates as a comprehensive financial services company that caters to individuals and businesses alike. The company offers a broad range of services including investment management, insurance products, and financial planning. By providing personalized solutions, First Trinity aims to assist clients in achieving their financial goals while providing top-notch customer service.
Sources:
First Bancorp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on First Bancorp versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
