Banking & Finance

First Bancorp announces cash dividend- September 2025

By Staff Report, posted 1 year 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

Multi-generational business expertise: How legacies in local businesses find sustained success

Join us Sept. 29 for our third Power Breakfast of 2026 as business leaders share how they leverage decades of institutional wisdom. The Greater Fayetteville Business Journal invites you to join us for our third quarterly Power Breakfast, The Fam


Local expertise: Critical Path Solutions LLC chosen as construction company for Skyeton Manufacturing renovations

Skyeton leadership have decided to look locally for a general contractor to head up major renovations for the 28,479-square-foot building they’ve selected as their new home. Fayetteville-based Critical Path Solutions LLC has been chosen as the primary contractor for bringing new life to the previous Black+Decker plant site.


Fort Bragg goes nuclear: Antares awarded Army Janus Program agreement to deliver nuclear microreactor power for Army’s energy resilience mission

From left to right: US Secretary of Energy Chris Wright with Antares Co-founder and CEO Jordan Bramble. Photos courtesy of Antares Nuclear, Inc. Antares Nuclear, Inc. recently announced that it has been awarded an Other Transactions Authority ag