First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C., 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 July 25, 2021 to shareholders of record as of June 30, 2021.  The $0.20 dividend rate represents an 11.1% increase over the dividend rate of $0.18 paid in the comparable period…

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First Bancorp Announces Cash Dividend Increase

SOUTHERN PINES, N.C., March 15, 2021 /PRNewswire/ — 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 April 25, 2021 to shareholders of record as of March 31, 2021.  The $0.20 dividend rate represents an 11.1% increase over the previous dividend rate…

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First Bank Reports Fourth Quarter and Annual Results

SOUTHERN PINES, N.C., — First Bancorp (NASDAQ – FBNC), the parent company of First Bank, announced today net income of $23.6 million, or $0.83 per diluted common share, for the three months ended December 31, 2020 compared to $20.9 million, or $0.71 per diluted common share, recorded in the fourth quarter of 2019.   For the year ended December 31, 2020, the Company recorded net…

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