First Bancorp /Nc/ (FBNC) Tax Rate (2010 - 2026)
First Bancorp's Tax Rate was 20.28% in Q2 2026, down 2.31 percentage points from 22.59% a year earlier and down 0.63 percentage points from the prior quarter.
First Bancorp /Nc/ (FBNC) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Bancorp's Tax Rate was 19.37% through Jun 30, 2026, down 3.51 percentage points year-over-year; for FY2025, it came in at 20.40%, down 1.93 percentage points from FY2024.
- Tax Rate shows a five-year change of -0.60 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 22.32% in FY2024 (+1.24 pp), 21.09% in FY2023 (+0.42 pp), 20.67% in FY2022 (+0.16 pp) and 20.51% in FY2021 (-0.49 pp).
- Quarterly Tax Rate has moved between 7.27% (Q4 2025) and 48.37% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -1.81 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 27.10 percentage points); the worst was Q4 2025 (a drop of 41.10 percentage points).
- Per Business Quant data, FBNC's Tax Rate in the three quarters before Q2 2026 was 20.91% (Q1 2026), 7.27% (Q4 2025) and 21.55% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.28% |
| Mar 31, 2026 | 20.91% |
| Dec 31, 2025 | 7.27% |
| Sep 30, 2025 | 21.55% |
| Jun 30, 2025 | 22.59% |
| Mar 31, 2025 | 22.17% |
| Dec 31, 2024 | 48.37% |
| Sep 30, 2024 | 17.24% |
| Jun 30, 2024 | 22.16% |
| Mar 31, 2024 | 20.49% |
| Dec 31, 2023 | 21.27% |
| Sep 30, 2023 | 20.61% |
| Jun 30, 2023 | 21.10% |
| Mar 31, 2023 | 21.63% |
| Dec 31, 2022 | 20.38% |
| Sep 30, 2022 | 21.18% |
| Jun 30, 2022 | 20.70% |
| Mar 31, 2022 | 20.38% |
| Dec 31, 2021 | 16.95% |
| Sep 30, 2021 | 20.10% |
First Bancorp /Nc/ Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FBNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FBNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FBNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();