Press Release: First Bancorp Announces Cash Dividend

Dow Jones

03-14

First Bancorp Announces Cash Dividend

PR Newswire

SOUTHERN PINES, N.C., March 14, 2025

SOUTHERN PINES, N.C., March 14, 2025 /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 April 25, 2025 to shareholders of record as of March 31, 2025.

Richard Moore, Chief Executive Officer of First Bancorp, stated, "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. We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments."

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.1 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-302398748.html

SOURCE First Bancorp

/CONTACT: Hillary Kestler, 704-644-4137

(END) Dow Jones Newswires

March 14, 2025 09:20 ET (13:20 GMT)

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We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments.\" \n</p>\n<p>\n     First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.1 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</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-302398748.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  March 14, 2025 09:20 ET (13:20 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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: First Bancorp Announces Cash Dividend\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-03-14 21:20</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     First Bancorp Announces Cash Dividend \n</p>\n<p>\n     PR Newswire \n</p>\n<p>\n     SOUTHERN PINES, N.C., March 14, 2025 \n</p>\n<p>\n     SOUTHERN PINES, N.C., March 14, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp <a href=\"https://laohu8.com/S/FBNC\">$(FBNC)$</a> (the \"Company\"), the parent company of <a href=\"https://laohu8.com/S/FRBA\">First Bank</a>, 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. \n</p>\n<p>\n     Richard Moore, Chief Executive Officer of First Bancorp, stated, \"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.  We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments.\" \n</p>\n<p>\n     First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.1 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</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-302398748.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  March 14, 2025 09:20 ET (13:20 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FBNC","symbol_name":"第一萬能金控","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2519984804","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519984804","pubTimestamp":1741958400,"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., March 14, 2025 /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 April 25, 2025 to shareholders of record as of March 31, 2025.Richard Moore, Chief Executive Officer of First Bancorp, stated, \"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.  We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments.\". First Bancorp's common stock is traded on The NASDAQ Global Select Market under the symbol \"FBNC.\" Member FDIC, Equal Housing Lender.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FBNC":"第一万能金控","BK4211":"区域性银行"},"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., March 14, 2025 \n\n\n     SOUTHERN PINES, N.C., March 14, 2025 /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 April 25, 2025 to shareholders of record as of March 31, 2025. \n\n\n     Richard Moore, Chief Executive Officer of First Bancorp, stated, \"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.  We are pleased to continue distributing cash dividends to our shareholders, contributing to 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 $12.1 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-302398748.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  March 14, 2025 09:20 ET (13:20 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}