First Bancorp (FBNC)

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About First Bancorp

First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. As of January 27, 2021, it operated 101 branches in North Carolina and South Carolina. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina. Address: 300 SW Broad Street, Southern Pines, NC, United States, 28387

First Bancorp News and around…

Latest news about First Bancorp (FBNC) common stock and company :

Analysts Forecast 29% Gains Ahead For IEFN
12 May, 2022 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Evolved US.

FIRST BANK NAMES NEW CIO TO ITS EXECUTIVE LEADERSHIP
09 May, 2022 Yahoo! Finance

First Bank, the fifth largest bank headquartered in North Carolina, has added to its executive leadership team with the hire of Terrence Thomas as its Chief Information Officer.

The Chairman & CEO of First Bancorp (NASDAQ:FBNC), Richard Moore, Just Bought 2.0% More Shares
04 May, 2022 Yahoo! Finance

Even if it's not a huge purchase, we think it was good to see that Richard Moore, the Chairman & CEO of First Bancorp...

First Bancorp Reports First Quarter Results
27 Apr, 2022 Yahoo! Finance

First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $34.0 million, or $0.95 per diluted common share, for the three months ended March 31, 2022, compared to $28.2 million, or $0.99 per diluted common share, recorded in the first quarter of 2021. Comparisons for the financial periods presented are significantly impacted by the Company's acquisition of Select Bancorp, Inc. ("Select") completed in the fourth quarter of 2021 which contribute

New 52-Week Low Could Prompt More Insider Buying At FBNC
26 Apr, 2022 FinancialContent

In trading on Tuesday, shares of First Bancorp (FBNC) touched a new 52-week low of $37.47/share. That's a $13.45 share price drop, or -26.41% decline from the 52-week high of $50.92 set back on 11/11/2021..

First Bancorp (NASDAQ:FBNC) drops to US$1.4b and insiders who purchased earlier this year lose another US$36k
11 Apr, 2022 Yahoo! Finance

The recent 6.0% drop in First Bancorp's ( NASDAQ:FBNC ) stock could come as a blow to insiders who purchased US$300k...

FIRST BANK COMPLETES SELECT BANK & TRUST CONVERSION
21 Mar, 2022 Yahoo! Finance

This weekend saw First Bank finalizing its acquisition of Select Bank & Trust with a successful systems conversion between the banks. With the conversion, First Bank will add 11 locations to its branch/ATM network, including in North Carolina: Sylva, Highlands, Franklin, the Ballantyne area of Charlotte, Elizabeth City, Cornelius, Dunn, Clinton, and Goldsboro; and two in South Carolina: Rock Hill and Blacksburg. The Fayetteville branch of First Bank will be relocating to the former Select Bank &

FIRST BANK ANNOUNCES ITS FIRST PROJECT LAUNCH WINNERS
10 Mar, 2022 Yahoo! Finance

First Bank is excited to announce the first winners of its Project Launch contest. Project Launch, part of the Power of Good, First Bank's comprehensive social responsibility program, is designed to fund projects that improve or create more educational opportunities in the communities throughout the Carolinas.

Analysts Expect 20% Gains Ahead For PSCF
09 Mar, 2022 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap Financials ETF (PSCF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.10 per unit.

Benzinga's Top Ratings Upgrades, Downgrades For February 28, 2022
28 Feb, 2022 FinancialContent

Upgrades According to DA Davidson, the prior rating for Envestnet Inc (NYSE:ENV) was changed from Neutral to Buy. In the fourth ...

Why Triangle bankers are eyeing the Fed
15 Feb, 2022 Yahoo! Finance

For now, Triangle bankers are optimistic that the Fed's eventually rate hike will bring the much-needed economic balance.

First Bancorp Announces Cash Dividend Increase and Share Repurchase Authorization
07 Feb, 2022 Yahoo! Finance

The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on April 25, 2022 to shareholders of record as of March 31, 2022. The $0.22 dividend rate represents a 10% increase over the previous dividend rate of $0.20.

Salzhauer Michael Buys Bank of America Corp, Wells Fargo, Citigroup Inc, Sells , ,
04 Feb, 2022 Yahoo! Finance

New York, NY, based Investment company Salzhauer Michael (Current Portfolio) buys Bank of America Corp, Wells Fargo, Citigroup Inc, Fifth Third Bancorp, Capital One Financial Corp, sells , , , , Amerant Bancorp Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Salzhauer Michael.

Brown Advisory Inc Buys Visa Inc, Alphabet Inc, Mastercard Inc, Sells Chegg Inc, Fair Isaac ...
27 Jan, 2022 Yahoo! Finance

Baltimore, MD, based Investment company Brown Advisory Inc (Current Portfolio) buys Visa Inc, Alphabet Inc, Mastercard Inc, Taiwan Semiconductor Manufacturing Co, The Estee Lauder Inc, sells Chegg Inc, Fair Isaac Corp, Accenture PLC, Lattice Semiconductor Corp, during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Brown Advisory Inc.

Recap: First Bancorp Q4 Earnings
27 Jan, 2022 FinancialContent

First Bancorp (NASDAQ:FBNC) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM. Here's what ...

Franklin Street Advisors Inc Buys Lowe's Inc, Genuine Parts Co, Dollar General Corp, Sells ...
26 Jan, 2022 Yahoo! Finance

Investment company Franklin Street Advisors Inc (Current Portfolio) buys Lowe's Inc, Genuine Parts Co, Dollar General Corp, Activision Blizzard Inc, Laboratory Corp of America Holdings, sells ViacomCBS Inc, AT&T Inc, NVIDIA Corp, McDonald's Corp, Sysco Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Franklin Street Advisors Inc .

First Bancorp Reports Fourth Quarter and Annual Results
26 Jan, 2022 Yahoo! Finance

First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $10.5 million, or $0.30 per diluted common share, for the three months ended December 31, 2021, a decrease of 63.9% on a per share basis, compared to $23.6 million, or $0.83 per diluted common share, recorded in the fourth quarter of 2020. For the year ended December 31, 2021, the Company recorded net income of $95.6 million, or $3.19 per diluted common share, compared to $81.5 million,

FIRST BANK ANNOUNCES PROJECT LAUNCH, COMMITMENT TO BOOSTING EDUCATION
25 Jan, 2022 Yahoo! Finance

First Bank continues to build on the Power of Good, its corporate social responsibility program, with the announcement today of Project Launch and the commitment of $500,000 in support of local education initiatives.

Add Up The Pieces: XSHQ Could Be Worth $43
04 Jan, 2022 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap Quality ETF (XSHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $43.46 per unit.

Growth and the Great Resignation: Triangle bankers on what stuck out in 2021
27 Dec, 2021 Yahoo! Finance

For bankers, 2021 may be remembered as the year of smashed expectations. With the year coming to a close, Triangle Business Journal asked top executives at banks in the region to sum up 2021 and outline the challenges ahead. When Covid-19 struck, bankers freely admitted the uncertainty was scary, and no one knew quite how 2021 would shake out.

There's A Lot To Like About First Bancorp's (NASDAQ:FBNC) Upcoming US$0.20 Dividend
25 Dec, 2021 Yahoo! Finance

First Bancorp ( NASDAQ:FBNC ) stock is about to trade ex-dividend in 4 days. The ex-dividend date is usually set to be...

First Bancorp Announces Cash Dividend
15 Dec, 2021 Yahoo! Finance

The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.20 per share payable on January 25, 2022 to shareholders of record as of December 31, 2021. The $0.20 dividend rate represents an 11.1% increase over the dividend rate of $0.18 paid in the comparable period of 2020.

Implied XSHQ Analyst Target Price: $42
01 Dec, 2021 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap Quality ETF (XSHQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $42.40 per unit.

Should You Be Adding First Bancorp (NASDAQ:FBNC) To Your Watchlist Today?
23 Nov, 2021 Yahoo! Finance

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Latest accolade another boost for Triangle bank on the rise
29 Oct, 2021 Yahoo! Finance

This week brought in another accolade for a $10 billion community bank that, according to a top Triangle executive, continues to eye growth opportunities – including acquisitions.

First Bancorp Reports Third Quarter Results
26 Oct, 2021 Yahoo! Finance

First Bancorp (NASDAQ: FBNC), the parent company of First Bank, announced today net income of $27.6 million, or $0.97 per diluted common share, for the three months ended September 30, 2021, an increase of 19.8% on a per share basis, compared to $23.3 million, or $0.81 per diluted common share, recorded in the third quarter of 2020. For the nine months ended September 30, 2021, the Company recorded net income of $85.1 million, or $2.99 per diluted common share, compared to $57.8 million, or $1.9

First Bancorp Completes Acquisition of Select Bancorp, Inc.
18 Oct, 2021 Yahoo! Finance

First Bancorp (NASDAQ: FBNC) announces today the completion of its acquisition of Select Bancorp, Inc. (NASDAQ: SLCT) ("Select Bancorp"), the parent company of Select Bank & Trust Company ("Select Bank"), on October 15, 2021. The merger solidifies First Bank's position as the leading community bank headquartered in North Carolina, with total assets of over $10 billion and over 120 branches.

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2021
12 Oct, 2021 FinancialContent

Upgrades For Callaway Golf Co (NYSE:ELY), Compass Point upgraded the previous rating of Neutral to Buy. Callaway Golf earned $0.36 in ...

PSCF's Holdings Imply 11% Gain Potential
21 Jul, 2021 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap Financials ETF (PSCF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $62.12 per unit.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates ARPO, FBNC, KIN, HOME; Shareholders are Encouraged to Contact the Firm
03 Jul, 2021 FinancialContent

First Bancorp (FBNC) is a NASDAQ Common Stock listed in , ,

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