First Bancorp

FBNC

Market cap $2.41B

GREENVILLE, S.C., April 7, 2026 /PRNewswire/ -- First Bank (NASDAQ: FBNC), has appointed Will Aiken as Managing Director, Specialty Businesses, reinforcing its commitment to expanding and strengthening key areas of the Bank's business.

First BanCorp. maintains a soft 'Buy' rating, supported by robust asset quality and improving core deposits. FBP's net interest margin rose to 4.68%, driving net income growth and outperformance versus the S&P 500. Valuation remains attractive with a 9.2x P/E, though price-to-book ratios are less compelling compared to peers.

First Bancorp (FBNC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Old North State Trust sold all of its 72,921 shares of First Bancorp in the fourth quarter; the estimated transaction value was $3.70 million based on quarterly average prices. Meanwhile, the quarter-end position value decreased by $3.86 million, reflecting the sale and stock price movement.

SOUTHERN PINES, N.C., March 23, 2026 /PRNewswire/ -- First Bank (NASDAQ: FBNC), a leading regional bank serving the Carolinas, has been ranked #14 among U.S. public banks with over $10 billion in assets by S&P Global Market Intelligence, based on 2025 financial performance.

PagSeguro Digital, First Bancorp, Essent Group, Enact Holdings, and Bread Financial offer a mix of dividends, low valuations, and steady profits as markets turn more volatile.

SOUTHERN PINES, N.C., March 13, 2026 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.24 per share payable on April 27, 2026 to shareholders of record as of March 31, 2026.

The First Bancorp is upgraded to a soft "Buy" due to improved fundamentals and attractive valuation. FNLC's net interest income rose from $16.4 million to $20.8 million, driven by lower deposit costs and a higher net interest margin. Asset quality remains strong, with return on assets at 1.26% and return on equity at 14.35%, both above peer averages.

SOUTHERN PINES, N.C., Jan. 27, 2026 /PRNewswire/ -- On January 27, 2026, First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective immediately.

The headline numbers for First Bancorp (FBNC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.