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Side-by-side financial comparison of FIRST BANCORP (FBNC) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

FIRST BANCORP is the larger business by last-quarter revenue ($89.6M vs $66.7M, roughly 1.3× RMR GROUP INC.). FIRST BANCORP runs the higher net margin — 22.7% vs 18.3%, a 4.5% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% 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.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

FBNC vs RMR — Head-to-Head

Bigger by revenue
FBNC
FBNC
1.3× larger
FBNC
$89.6M
$66.7M
RMR
Growing faster (revenue YoY)
RMR
RMR
+48.0% gap
RMR
40.8%
-7.3%
FBNC
Higher net margin
FBNC
FBNC
4.5% more per $
FBNC
22.7%
18.3%
RMR

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FBNC
FBNC
RMR
RMR
Revenue
$89.6M
$66.7M
Net Profit
$20.4M
$12.2M
Gross Margin
Operating Margin
29.0%
48.1%
Net Margin
22.7%
18.3%
Revenue YoY
-7.3%
40.8%
Net Profit YoY
9.0%
91.1%
EPS (diluted)
$0.49
$0.71

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.

Revenue
FBNC
FBNC
RMR
RMR
Q4 25
$66.7M
Q3 25
$89.6M
Q2 25
$111.0M
Q1 25
$105.8M
Q3 24
$96.6M
Q2 24
$95.7M
Q1 24
$92.2M
Net Profit
FBNC
FBNC
RMR
RMR
Q4 25
$12.2M
Q3 25
$20.4M
Q2 25
$38.6M
Q1 25
$36.4M
Q3 24
$18.7M
Q2 24
$28.7M
Q1 24
$25.3M
Operating Margin
FBNC
FBNC
RMR
RMR
Q4 25
48.1%
Q3 25
29.0%
Q2 25
44.9%
Q1 25
44.2%
Q3 24
23.4%
Q2 24
38.5%
Q1 24
34.5%
Net Margin
FBNC
FBNC
RMR
RMR
Q4 25
18.3%
Q3 25
22.7%
Q2 25
34.7%
Q1 25
34.4%
Q3 24
19.3%
Q2 24
30.0%
Q1 24
27.4%
EPS (diluted)
FBNC
FBNC
RMR
RMR
Q4 25
$0.71
Q3 25
$0.49
Q2 25
$0.93
Q1 25
$0.88
Q3 24
$0.45
Q2 24
$0.70
Q1 24
$0.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FBNC
FBNC
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$49.3M
Total DebtLower is stronger
$92.4M
Stockholders' EquityBook value
$1.6B
$232.7M
Total Assets
$12.8B
$687.1M
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBNC
FBNC
RMR
RMR
Q4 25
$49.3M
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Total Debt
FBNC
FBNC
RMR
RMR
Q4 25
Q3 25
$92.4M
Q2 25
$92.2M
Q1 25
$92.1M
Q3 24
$91.7M
Q2 24
$91.5M
Q1 24
$332.3M
Stockholders' Equity
FBNC
FBNC
RMR
RMR
Q4 25
$232.7M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Total Assets
FBNC
FBNC
RMR
RMR
Q4 25
$687.1M
Q3 25
$12.8B
Q2 25
$12.6B
Q1 25
$12.4B
Q3 24
$12.2B
Q2 24
$12.1B
Q1 24
$12.1B
Debt / Equity
FBNC
FBNC
RMR
RMR
Q4 25
Q3 25
0.06×
Q2 25
0.06×
Q1 25
0.06×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FBNC
FBNC
RMR
RMR
Operating Cash FlowLast quarter
$49.7M
$10.7M
Free Cash FlowOCF − Capex
$48.2M
FCF MarginFCF / Revenue
53.8%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
2.44×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$182.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBNC
FBNC
RMR
RMR
Q4 25
$10.7M
Q3 25
$49.7M
Q2 25
$45.7M
Q1 25
$52.6M
Q3 24
$38.4M
Q2 24
$87.7M
Q1 24
$-20.1M
Free Cash Flow
FBNC
FBNC
RMR
RMR
Q4 25
Q3 25
$48.2M
Q2 25
$44.3M
Q1 25
$52.4M
Q3 24
$38.0M
Q2 24
$87.6M
Q1 24
$-21.7M
FCF Margin
FBNC
FBNC
RMR
RMR
Q4 25
Q3 25
53.8%
Q2 25
39.9%
Q1 25
49.5%
Q3 24
39.3%
Q2 24
91.6%
Q1 24
-23.6%
Capex Intensity
FBNC
FBNC
RMR
RMR
Q4 25
Q3 25
1.6%
Q2 25
1.2%
Q1 25
0.2%
Q3 24
0.5%
Q2 24
0.1%
Q1 24
1.8%
Cash Conversion
FBNC
FBNC
RMR
RMR
Q4 25
0.88×
Q3 25
2.44×
Q2 25
1.19×
Q1 25
1.44×
Q3 24
2.06×
Q2 24
3.06×
Q1 24
-0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FBNC
FBNC

Segment breakdown not available.

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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