Banking & Finance

First Bancorp announces cash dividend- September 2025

By Staff Report, posted 7 months ago

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 $0.23 per share payable on Oct. 25, 2025 to shareholders of record as of Sept. 30, 2025.

“During the second quarter, we remained focused on serving our customers, maintaining robust capital and liquidity along with stable credit quality, thus resulting in solid financial results. For over forty years, we have paid dividends on our common stock and we are committed to providing a valuable return on investment to our shareholders," Richard Moore, CEO of First Bancorp stated in a press release. 

First Bancorp is a bank holding company headquartered in Southern Pines,N.C., with total assets of $12.6 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.

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

Empowering Veterans: The 2026 Fayetteville Veterans Business Expo aims to close the opportunity gap

This is the first year of the Veteran Business Expo, and it grew out of Fayetteville PWC’s Economic Impact Program, which focuses on expanding access and opportunity in public-sector contracting while strengthening the local economy. It builds off th


Bee-lieve the hype: Local apiarists and entrepreneurs share handmade crafts and helpful knowledge about our most important pollinators

Lynlene Apiary and Crafts is owned and operated by mother-daughter duo Carolyn Kleinert and Jolene Kleinert. They are certified apiarists and sell honey, candles made with beeswax, soaps and other crafts at local farmers markets. Photos by GFBJ.Lynle


The Hive of Hope Mills is open for business: Big T's serves as anchor tenant

Big T’s has been a local favorite of Hope Mills since 2000 when Timmy (Big T) and Donna Gray first opened right on Hope Mills Lake. It is a seasonal restaurant, so many of Big T’s loyal customers were happy to hear they would now be open year-round, seven days a week.