{"id":825920,"date":"2025-03-14T09:23:07","date_gmt":"2025-03-14T13:23:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-7\/"},"modified":"2025-03-14T09:23:07","modified_gmt":"2025-03-14T13:23:07","slug":"first-bancorp-announces-cash-dividend-7","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-7\/","title":{"rendered":"First Bancorp Announces Cash Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">SOUTHERN PINES, N.C.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 14, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Board of Directors of First Bancorp (NASDAQ: FBNC) (the &#8220;Company&#8221;), the parent company of First Bank, has declared a cash dividend on its common stock of <span class=\"xn-money\">$0.22<\/span> per share payable on <span class=\"xn-chron\">April 25, 2025<\/span> to shareholders of record as of <span class=\"xn-chron\">March 31<\/span>, 2025.\u00a0<\/p>\n<p>\n        <span class=\"xn-person\">Richard Moore<\/span>, Chief Executive Officer of First Bancorp, stated, &#8220;Our Company had a strong fourth quarter performance with meaningful increases in adjusted net income and adjusted EPS while maintaining strong capital, liquidity and credit quality.\u00a0 We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments.&#8221;<\/p>\n<p>First Bancorp is a bank holding company headquartered in <span class=\"xn-location\">Southern Pines, North Carolina<\/span>, with total assets of <span class=\"xn-money\">$12.1 billion<\/span>. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in <span class=\"xn-location\">North Carolina<\/span> and South Carolina.\u00a0 Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions, helpful local expertise, and technology to manage a home or business. \u00a0First Bank also provides SBA loans to customers through its nationwide network of lenders.<\/p>\n<p>Please visit our website at www.LocalFirstBank.com\u00a0for more information.<\/p>\n<p>First Bancorp&#8217;s common stock is traded on The NASDAQ Global Select Market under the symbol &#8220;FBNC.&#8221; Member FDIC, Equal Housing Lender.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder8451\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1656105\/First_Bancorp_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1656105\/First_Bancorp_Logo.jpg\" title=\"Corporate holding logo (PRNewsfoto\/First Bancorp)\" alt=\"Corporate holding logo (PRNewsfoto\/First Bancorp)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL38791&amp;sd=2025-03-14\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/first-bancorp-announces-cash-dividend-302398748.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/first-bancorp-announces-cash-dividend-302398748.html<\/a><\/p>\n<p>SOURCE  First Bancorp<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL38791&amp;Transmission_Id=202503140920PR_NEWS_USPR_____CL38791&amp;DateId=20250314\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SOUTHERN PINES, N.C. , March 14, 2025 \/PRNewswire\/ &#8212; The Board of Directors of First Bancorp (NASDAQ: FBNC) (the &#8220;Company&#8221;), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on April 25, 2025 to shareholders of record as of March 31, 2025.\u00a0 Richard Moore, Chief Executive Officer of First Bancorp, stated, &#8220;Our Company had a strong fourth quarter performance with meaningful increases in adjusted net income and adjusted EPS while maintaining strong capital, liquidity and credit quality.\u00a0 We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments.&#8221; First Bancorp is a bank holding company headquartered in Southern Pines, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-7\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Bancorp Announces Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-825920","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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