Press Release: First Bancorp Announces Cash Dividend

Dow Jones

2024-12-13

First Bancorp Announces Cash Dividend

PR Newswire

SOUTHERN PINES, N.C., Dec. 13, 2024

SOUTHERN PINES, N.C., Dec. 13, 2024 /PRNewswire/ -- The Board of Directors of First Bancorp $(FBNC)$ (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on January 25, 2025 to shareholders of record as of December 31, 2024.

Richard Moore, Chief Executive Officer of First Bancorp, stated, "Our strong capital position allows us to continue to operate profitably and to distribute cash dividends providing our shareholders with a valuable return on their investments."

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.2 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina. 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. First Bank also provides SBA loans to customers through its nationwide network of lenders.

Please visit our website at www.LocalFirstBank.com for more information.

First Bancorp's common stock is traded on The NASDAQ Global Select Market under the symbol "FBNC." Member FDIC, Equal Housing Lender.

View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-302329095.html

SOURCE First Bancorp

/CONTACT: Hillary Kestler, 704-644-4137

(END) Dow Jones Newswires

December 13, 2024 09:20 ET (14:20 GMT)

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Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina. 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. First Bank also provides SBA loans to customers through its nationwide network of lenders. \n</p>\n<p>\n     Please visit our website at www.LocalFirstBank.com for more information. \n</p>\n<p>\n     First Bancorp's common stock is traded on The NASDAQ Global Select Market under the symbol \"FBNC.\" Member FDIC, Equal Housing Lender. \n</p>\n<p>\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-302329095.html \n</p>\n<p>\n     SOURCE First Bancorp \n</p>\n<p>\n       /CONTACT: Hillary Kestler, 704-644-4137 \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 13, 2024 09:20 ET (14:20 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: First Bancorp Announces Cash Dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina. 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. First Bank also provides SBA loans to customers through its nationwide network of lenders. \n</p>\n<p>\n     Please visit our website at www.LocalFirstBank.com for more information. \n</p>\n<p>\n     First Bancorp's common stock is traded on The NASDAQ Global Select Market under the symbol \"FBNC.\" Member FDIC, Equal Housing Lender. \n</p>\n<p>\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-302329095.html \n</p>\n<p>\n     SOURCE First Bancorp \n</p>\n<p>\n       /CONTACT: Hillary Kestler, 704-644-4137 \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 13, 2024 09:20 ET (14:20 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2491373159","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491373159","pubTimestamp":1734099600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"SOUTHERN PINES, N.C., Dec. 13, 2024 /PRNewswire/ -- The Board of Directors of First Bancorp  , the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on January 25, 2025 to shareholders of record as of December 31, 2024.Richard Moore, Chief Executive Officer of First Bancorp, stated, \"Our strong capital position allows us to continue to operate profitably and to distribute cash dividends providing our shareholders with a valuable return on their investments.\". First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.2 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina. 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. First Ba","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"新闻稿：第一银行宣布现金股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FBNC":0.9},"content_text":"First Bancorp Announces Cash Dividend \n\n\n     PR Newswire \n\n\n     SOUTHERN PINES, N.C., Dec. 13, 2024 \n\n\n     SOUTHERN PINES, N.C., Dec. 13, 2024 /PRNewswire/ -- The Board of Directors of First Bancorp $(FBNC)$ (the \"Company\"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on January 25, 2025 to shareholders of record as of December 31, 2024. \n\n\n     Richard Moore, Chief Executive Officer of First Bancorp, stated, \"Our strong capital position allows us to continue to operate profitably and to distribute cash dividends providing our shareholders with a valuable return on their investments.\" \n\n\n     First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.2 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 113 branches in North Carolina and South Carolina. 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. First Bank also provides SBA loans to customers through its nationwide network of lenders. \n\n\n     Please visit our website at www.LocalFirstBank.com for more information. \n\n\n     First Bancorp's common stock is traded on The NASDAQ Global Select Market under the symbol \"FBNC.\" Member FDIC, Equal Housing Lender. \n\n\n      View original content to download multimedia:https://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-302329095.html \n\n\n     SOURCE First Bancorp \n\n\n       /CONTACT: Hillary Kestler, 704-644-4137 \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 13, 2024 09:20 ET (14:20 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}