First Bancorp (FBNC)

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, 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.

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 (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

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..

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

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 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.

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.

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

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

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.

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.

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.

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

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 (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 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.

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.

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.

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

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.

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.

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

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 (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 (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.

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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.