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First Bancorp Announces Cash Dividend

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First Bancorp (NASDAQ: FBNC) has declared a quarterly cash dividend of $0.22 per share, payable on January 25, 2025, to shareholders of record as of December 31, 2024. The company, with total assets of $12.2 billion, operates First Bank across 113 branches in North and South Carolina. CEO Richard Moore highlighted the company's strong capital position enabling profitable operations and shareholder returns through dividends. First Bank, established in 1935, provides community banking services including SBA loans through its nationwide network.

First Bancorp (NASDAQ: FBNC) ha dichiarato un dividendo in contante trimestrale di 0,22 $ per azione, pagabile il 25 gennaio 2025, agli azionisti registrati al 31 dicembre 2024. L'azienda, con attivi totali di 12,2 miliardi di dollari, gestisce First Bank attraverso 113 filiali in Carolina del Nord e del Sud. Il CEO Richard Moore ha messo in evidenza la robusta posizione di capitale dell'azienda che consente operazioni redditizie e rendimenti per gli azionisti attraverso i dividendi. First Bank, fondata nel 1935, offre servizi bancari comunitari, inclusi prestiti SBA, attraverso la sua rete nazionale.

First Bancorp (NASDAQ: FBNC) ha declarado un dividendo en efectivo trimestral de $0.22 por acción, pagadero el 25 de enero de 2025, a los accionistas registrados al 31 de diciembre de 2024. La compañía, con activos totales de 12.2 mil millones de dólares, opera First Bank en 113 sucursales en Carolina del Norte y Carolina del Sur. El CEO Richard Moore destacó la sólida posición de capital de la empresa que permite operaciones rentables y retornos a los accionistas a través de dividendos. First Bank, establecido en 1935, ofrece servicios bancarios comunitarios, incluidos préstamos SBA, a través de su red nacional.

퍼스트 뱅콥 (NASDAQ: FBNC)주당 0.22 달러의 분기 현금 배당금을 선언했으며, 2025년 1월 25일에 2024년 12월 31일 기준 주주에게 지급될 예정입니다. 총 자산 122억 달러를 보유한 이 회사는 노스캐롤라이나와 사우스캐롤라이나에 113개의 지점을 운영하고 있습니다. CEO 리처드 무어는 회사의 강력한 자본 구조가 수익성 있는 운영과 배당금을 통한 주주 수익을 가능하게 한다고 강조했습니다. 1935년에 설립된 퍼스트 뱅크는 SBA 대출을 포함한 지역 사회 은행 서비스를 전국 네트워크를 통해 제공합니다.

First Bancorp (NASDAQ: FBNC) a déclaré un dividende en espèces trimestriel de 0,22 $ par action, payable le 25 janvier 2025, aux actionnaires inscrits au 31 décembre 2024. L'entreprise, avec des actifs totaux de 12,2 milliards de dollars, opère First Bank à travers 113 agences en Caroline du Nord et du Sud. Le PDG Richard Moore a souligné la position de capital solide de l'entreprise, permettant des opérations rentables et des retours pour les actionnaires grâce aux dividendes. First Bank, fondée en 1935, offre des services bancaires communautaires, y compris des prêts SBA, à travers son réseau national.

First Bancorp (NASDAQ: FBNC) hat eine vierteljährliche Bar-Dividende von 0,22 $ pro Aktie erklärt, die am 25. Januar 2025 an die Aktionäre ausgezahlt wird, die am 31. Dezember 2024 im Aktienregister stehen. Das Unternehmen, mit Gesamtvermögen von 12,2 Milliarden Dollar, betreibt die First Bank in 113 Filialen in North und South Carolina. CEO Richard Moore hob die starke Kapitalposition des Unternehmens hervor, die rentable Geschäfte und Aktienrenditen durch Dividenden ermöglicht. Die First Bank, die 1935 gegründet wurde, bietet Gemeinschaftsbankdienstleistungen an, darunter SBA-Darlehen über ihr landesweites Netzwerk.

Positive
  • Strong capital position maintaining dividend payments
  • Substantial asset base of $12.2 billion
  • Extensive branch network with 113 locations
  • Continued profitability supporting shareholder returns
Negative
  • None.

SOUTHERN PINES, N.C., Dec. 13, 2024 /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 $0.22 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.

Corporate holding logo (PRNewsfoto/First Bancorp)

 

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SOURCE First Bancorp

FAQ

What is First Bancorp's (FBNC) latest dividend amount and payment date?

First Bancorp declared a cash dividend of $0.22 per share, payable on January 25, 2025, to shareholders of record as of December 31, 2024.

How many branches does First Bancorp (FBNC) currently operate?

First Bancorp operates 113 branches through First Bank across North Carolina and South Carolina.

What is First Bancorp's (FBNC) current total asset value?

First Bancorp has total assets of $12.2 billion.

What banking services does First Bancorp (FBNC) provide?

First Bancorp provides community banking services, including SBA loans, through its First Bank subsidiary, combining financial solutions, local expertise, and technology for home and business banking.

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1.80B
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3.68%
68.48%
1.94%
Banks - Regional
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United States of America
SOUTHERN PINES