Comprehensive Analysis of First Bancorp's Latest Financial Performance

First Bancorp (the "Company") (NASDAQ: FBNC), the parent company of First Bank, announced today net income of $25.3 million, or $0.61 per diluted common share, for the three months ended March 31, 2024 compared to $29.7 million, or $0.72 per diluted common share, for the three months ended December 31, 2023 ("linked quarter") and $15.2 million, or $0.37 per diluted common share, recorded in the first quarter of 2023.

The board of First Bancorp ( NASDAQ:FBNC ) has announced that it will pay a dividend of $0.22 per share on the 25th of...

The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on April 25, 2024 to shareholders of record as of March 31, 2024.

First Bank has been recognized by Coalition Greenwich in multiple Small Business Banking categories as an outstanding achiever after interviews with nearly 28,000 small business owners. First Bank earned the following 2023 Greenwich Excellence Awards:

Net Income Dips Year-Over-Year, Loan Portfolio Grows Significantly

First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.7 million, or $0.72 per diluted common share, for the three months ended December 31, 2023 compared to $29.9 million, or $0.73 per diluted common share, for the three months ended September 30, 2023 ("linked quarter") and $38.4 million, or $1.08 per diluted common share, recorded in the fourth quarter of 2022. For the twelve months ended December 31, 2023, the Company recorded net i

First Bancorp ( NASDAQ:FBNC ) shareholders should be happy to see the share price up 28% in the last quarter. But that...

The North Carolina Home Builders Association (NCHBA) has announced that Southern Pines-based First Bank has made a $15,000 contribution to purchase and distribute copies of The House That She Built Book to elementary schools throughout North Carolina.

First Bank, the wholly owned subsidiary of First Bancorp (NASDAQ – FBNC) and the largest North Carolina headquartered community bank, is pleased to announce changes to its executive leadership structure in order to more effectively execute its strategic vision. Effective November 13, 2023, Adam Currie was named President of First Bank, reporting to Mike Mayer, CEO of the Bank. Adam assumes operational responsibilities for all of the Bank's activities including all Lending and Branch functions al