{"id":860420,"date":"2025-06-13T09:37:33","date_gmt":"2025-06-13T13:37:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-3\/"},"modified":"2025-06-13T09:37:33","modified_gmt":"2025-06-13T13:37:33","slug":"first-bancorp-announces-cash-dividend-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-3\/","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\">June 13, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0The 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\">$0.23<\/span> per share payable on <span class=\"xn-chron\">July 25, 2025<\/span> to shareholders of record as of <span class=\"xn-chron\">June 30, 2025<\/span>. This represents an increase from <span class=\"xn-money\">$0.22<\/span> per share paid in the prior quarter.<\/p>\n<p>\n        <span class=\"xn-person\">Richard Moore<\/span>, Chief Executive Officer of First Bancorp, stated, &#8220;Our Company had a strong first quarter performance with continued momentum in net income and EPS as well as solid credit quality and adequate capital and liquidity positions.\u00a0 In conjunction with our commitment to return capital to our shareholders, we are pleased to increase the level of cash dividends.&#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\">$12.4 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=\"DivAssetPlaceHolder4345\">\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=CL03036&amp;sd=2025-06-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/first-bancorp-announces-cash-dividend-302473288.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/first-bancorp-announces-cash-dividend-302473288.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=CL03036&amp;Transmission_Id=202506130920PR_NEWS_USPR_____CL03036&amp;DateId=20250613\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SOUTHERN PINES, N.C. , June 13, 2025 \/PRNewswire\/ &#8212;\u00a0The 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 $0.23 per share payable on July 25, 2025 to shareholders of record as of June 30, 2025. This represents an increase from $0.22 per share paid in the prior quarter. Richard Moore, Chief Executive Officer of First Bancorp, stated, &#8220;Our Company had a strong first quarter performance with continued momentum in net income and EPS as well as solid credit quality and adequate capital and liquidity positions.\u00a0 In conjunction with our commitment to return capital to our shareholders, we are pleased to increase &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-3\/\" 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-860420","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Bancorp Announces Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Bancorp Announces Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SOUTHERN PINES, N.C. , June 13, 2025 \/PRNewswire\/ &#8212;\u00a0The 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 $0.23 per share payable on July 25, 2025 to shareholders of record as of June 30, 2025. This represents an increase from $0.22 per share paid in the prior quarter. Richard Moore, Chief Executive Officer of First Bancorp, stated, &#8220;Our Company had a strong first quarter performance with continued momentum in net income and EPS as well as solid credit quality and adequate capital and liquidity positions.\u00a0 In conjunction with our commitment to return capital to our shareholders, we are pleased to increase &hellip; Continue reading &quot;First Bancorp Announces Cash Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-cash-dividend-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-13T13:37:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1656105\/First_Bancorp_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"First Bancorp Announces Cash Dividend\",\"datePublished\":\"2025-06-13T13:37:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/\"},\"wordCount\":252,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1656105\\\/First_Bancorp_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-bancorp-announces-cash-dividend-3\\\/\",\"name\":\"First Bancorp Announces Cash Dividend - 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