First Bancorp /NC/

First Bancorp announced robust second quarter 2026 financial results, driven by net interest margin expansion and controlled expenses, alongside a pending acquisition.

First Bancorp announced its definitive agreement to acquire First Carolina Bancshares Corporation for approximately $166 million in a stock and cash transaction, aiming to expand its South Carolina presence.

First Bancorp has declared a cash dividend of $0.24 per share payable to shareholders of record as of June 30, 2026.

First Bancorp's annual shareholder meeting on April 28, 2026, saw the election of 11 directors, ratification of auditors, and approval of executive compensation.

First Bancorp announced the appointment of Kate Nevin and Peter Hans to its Board of Directors, effective April 28, 2026, to enhance governance and strategic leadership.

First Bancorp announced robust first quarter 2026 financial results, driven by net interest margin expansion and effective expense control, leading to a significant increase in net income and diluted EPS compared to prior periods.

First Bancorp announced a significant increase in net income and diluted EPS for the second quarter and first half of 2026, driven by higher net interest income and a strategic acquisition.

First Bancorp reported a net income of $20.4 million for Q3 2025, or $0.49 diluted EPS, driven by increased net interest income and an expanded net interest margin, despite a significant securities loss-earnback transaction.

First Bancorp reported a significant increase in net income and net interest income for the second quarter and first half of 2025, driven by lower funding costs and higher asset yields.

First Bancorp's Q1 2025 net income rose to $36.4 million, driven by increased net interest income and margin expansion.

First Bancorp's third-quarter earnings were significantly affected by a $13 million provision for potential credit losses related to Hurricane Helene, despite a slight increase in total assets.

First Bancorp's second quarter earnings were impacted by higher funding costs, despite increased yields on earning assets.

First Bancorp achieved significant net income and EPS growth in 2025, driven by increased net interest income and strategic portfolio adjustments, despite substantial securities losses.

First Bancorp's 2024 results reflect a decrease in net income despite asset growth, influenced by rising interest expenses and a significant securities loss.

First Bancorp's 10-K filing details its securities, voting rights, liquidation rights, dividend policies, and anti-takeover provisions, along with regulatory ownership restrictions and preferred stock issuance details.

Richard H. Moore, CEO of First Bancorp, acquired 6,878 shares of restricted stock.

Gregory A. Currie, a Director and Chief Executive Officer of First Bancorp, reported a transaction involving restricted stock.

Elizabeth B. Bostian, Chief Financial Officer of First Bancorp, reported a transaction involving the sale of restricted stock.

Richard H. Moore, CEO of First Bancorp, acquired 2,096 shares of restricted stock for $63.53 per share.

Gregory A. Currie, Chief Executive Officer and Director of First Bancorp, acquired 2,096 shares of restricted stock on June 29, 2026.

Elizabeth B. Bostian, Chief Financial Officer of First Bancorp, reported a transaction involving restricted stock.

First Bancorp announces its 2026 Annual Meeting of Shareholders to elect directors, ratify auditors, and vote on executive compensation, alongside reporting strong 2025 financial performance.

First Bancorp's proxy statement details the upcoming annual shareholder meeting, director nominations, and executive compensation for 2025.

First Bancorp will hold its annual shareholder meeting on May 2, 2024, to vote on director elections, auditor ratification, executive compensation, and a new equity plan.

State Street Corporation has reported a 5% beneficial ownership stake in First Bancorp, Southern Pines, NC, as of March 31, 2026.

FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting beneficial ownership of 8.8% of First Bancorp NC's common stock as of March 31, 2026.

Vanguard Capital Management has filed a Schedule 13G reporting a 5.01% beneficial ownership stake in First Bancorp.

The Vanguard Group has reported a 0% beneficial ownership in First Bancorp/Southern Pines NC following an internal organizational realignment.

Franklin Mutual Advisers, LLC reported a 4.1% beneficial ownership stake in First Bancorp's common stock as of December 31, 2025, held for investment clients.

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have reported a combined beneficial ownership of 6.7% of First Bancorp NC's common stock as of September 30, 2025.