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Side-by-side financial comparison of FIRST BANCORP (FBNC) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $89.6M, roughly 1.5× FIRST BANCORP). FIRST BANCORP runs the higher net margin — 22.7% vs 3.2%, a 19.6% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (4.3% vs -7.3%).
First Bancorp is an American bank holding company headquartered in Southern Pines, North Carolina, that operates as First Bank in North Carolina and South Carolina.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
FBNC vs LMB — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $89.6M | $138.9M |
| Net Profit | $20.4M | $4.4M |
| Gross Margin | — | 22.4% |
| Operating Margin | 29.0% | 0.8% |
| Net Margin | 22.7% | 3.2% |
| Revenue YoY | -7.3% | 4.3% |
| Net Profit YoY | 9.0% | — |
| EPS (diluted) | $0.49 | $0.36 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $138.9M | ||
| Q4 25 | — | $186.9M | ||
| Q3 25 | $89.6M | $184.6M | ||
| Q2 25 | $111.0M | $142.2M | ||
| Q1 25 | $105.8M | $133.1M | ||
| Q4 24 | — | $143.7M | ||
| Q3 24 | $96.6M | $133.9M | ||
| Q2 24 | $95.7M | $122.2M |
| Q1 26 | — | $4.4M | ||
| Q4 25 | — | $12.3M | ||
| Q3 25 | $20.4M | $8.8M | ||
| Q2 25 | $38.6M | $7.8M | ||
| Q1 25 | $36.4M | $10.2M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | $18.7M | $7.5M | ||
| Q2 24 | $28.7M | $6.0M |
| Q1 26 | — | 22.4% | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 27.6% | ||
| Q4 24 | — | 30.3% | ||
| Q3 24 | — | 27.0% | ||
| Q2 24 | — | 27.4% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | 29.0% | 7.2% | ||
| Q2 25 | 44.9% | 7.5% | ||
| Q1 25 | 44.2% | 5.9% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | 23.4% | 8.1% | ||
| Q2 24 | 38.5% | 6.7% |
| Q1 26 | — | 3.2% | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | 22.7% | 4.8% | ||
| Q2 25 | 34.7% | 5.5% | ||
| Q1 25 | 34.4% | 7.7% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | 19.3% | 5.6% | ||
| Q2 24 | 30.0% | 4.9% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | — | $1.01 | ||
| Q3 25 | $0.49 | $0.73 | ||
| Q2 25 | $0.93 | $0.64 | ||
| Q1 25 | $0.88 | $0.85 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | $0.45 | $0.62 | ||
| Q2 24 | $0.70 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $15.8M |
| Total DebtLower is stronger | $92.4M | $56.6M |
| Stockholders' EquityBook value | $1.6B | $196.3M |
| Total Assets | $12.8B | $377.0M |
| Debt / EquityLower = less leverage | 0.06× | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.8M | ||
| Q4 25 | — | $11.3M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $38.9M | ||
| Q1 25 | — | $38.1M | ||
| Q4 24 | — | $44.9M | ||
| Q3 24 | — | $51.2M | ||
| Q2 24 | — | $59.5M |
| Q1 26 | — | $56.6M | ||
| Q4 25 | — | $30.5M | ||
| Q3 25 | $92.4M | $56.3M | ||
| Q2 25 | $92.2M | $28.4M | ||
| Q1 25 | $92.1M | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | $91.7M | $20.5M | ||
| Q2 24 | $91.5M | $19.7M |
| Q1 26 | — | $196.3M | ||
| Q4 25 | — | $195.7M | ||
| Q3 25 | $1.6B | $181.6M | ||
| Q2 25 | $1.6B | $170.5M | ||
| Q1 25 | $1.5B | $161.1M | ||
| Q4 24 | — | $153.5M | ||
| Q3 24 | $1.5B | $142.2M | ||
| Q2 24 | $1.4B | $133.0M |
| Q1 26 | — | $377.0M | ||
| Q4 25 | — | $381.1M | ||
| Q3 25 | $12.8B | $409.1M | ||
| Q2 25 | $12.6B | $343.0M | ||
| Q1 25 | $12.4B | $336.4M | ||
| Q4 24 | — | $352.1M | ||
| Q3 24 | $12.2B | $324.4M | ||
| Q2 24 | $12.1B | $303.9M |
| Q1 26 | — | 0.29× | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | 0.06× | 0.31× | ||
| Q2 25 | 0.06× | 0.17× | ||
| Q1 25 | 0.06× | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | 0.06× | 0.14× | ||
| Q2 24 | 0.07× | 0.15× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $49.7M | — |
| Free Cash FlowOCF − Capex | $48.2M | — |
| FCF MarginFCF / Revenue | 53.8% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | 2.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | $182.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $28.1M | ||
| Q3 25 | $49.7M | $13.3M | ||
| Q2 25 | $45.7M | $2.0M | ||
| Q1 25 | $52.6M | $2.2M | ||
| Q4 24 | — | $19.3M | ||
| Q3 24 | $38.4M | $4.9M | ||
| Q2 24 | $87.7M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $27.9M | ||
| Q3 25 | $48.2M | $12.8M | ||
| Q2 25 | $44.3M | $1.2M | ||
| Q1 25 | $52.4M | $11.0K | ||
| Q4 24 | — | $18.0M | ||
| Q3 24 | $38.0M | $4.6M | ||
| Q2 24 | $87.6M | $13.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.9% | ||
| Q3 25 | 53.8% | 7.0% | ||
| Q2 25 | 39.9% | 0.8% | ||
| Q1 25 | 49.5% | 0.0% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | 39.3% | 3.4% | ||
| Q2 24 | 91.6% | 10.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | 1.6% | 0.3% | ||
| Q2 25 | 1.2% | 0.6% | ||
| Q1 25 | 0.2% | 1.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | 0.5% | 0.3% | ||
| Q2 24 | 0.1% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.29× | ||
| Q3 25 | 2.44× | 1.52× | ||
| Q2 25 | 1.19× | 0.26× | ||
| Q1 25 | 1.44× | 0.22× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | 2.06× | 0.66× | ||
| Q2 24 | 3.06× | 2.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FBNC
Segment breakdown not available.
LMB
| ODR | $99.8M | 72% |
| GCR | $39.0M | 28% |
