First Bancorp announces cash dividend

By Staff Report, posted Mar 14, 2025 on BizFayetteville.com

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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 April 25, 2025 to shareholders of record as of March 31, 2025. 

"Our Company had a strong fourth quarter performance with meaningful increases in adjusted net income and adjusted EPS while maintaining strong capital, liquidity and credit quality.  We are pleased to continue distributing cash dividends to our shareholders, contributing to a valuable return on their investments," stated Richard Moore, CEO of First Bancorp. 

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.1 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.  

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