First Bancorp Announces Cash Dividend
First Bancorp sets a $0.24 per share cash dividend, reinforcing its stated focus on long-term shareholder value.
Sentiment and the balance of points
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Rhea-AI Summary
First Bancorp (FBNC) declared a cash dividend of $0.24 per common share, payable on October 23, 2026, to shareholders of record on September 30, 2026.
The company’s CEO said the decision reflects continued solid financial performance, stable credit quality, and strong capital and liquidity positions in the second quarter of 2026. First Bancorp, headquartered in Southern Pines, North Carolina, reports total assets of $13.0 billion and operates 113 First Bank branches in North Carolina and South Carolina.
Positive
- Cash dividend of $0.24 per share declared, payable October 23, 2026
- Total assets reported at $13.0 billion for First Bancorp
Negative
- None.
Details
News Market Reaction – FBNC
On Sep 15, the day this news came out, FBNC closed 0.71% below the previous close. Our momentum scanner recorded 4 alerts in the available session data. Relative volume reached 2.1x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 15 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Richard Moore, Chief Executive Officer of First Bancorp, stated, "During the second quarter of 2026, First Bancorp continued to demonstrate solid financial performance, stable credit quality, and strong capital and liquidity positions. Our disciplined approach to managing the balance sheet and expenses remains focused on long-term shareholder value, and we are pleased to continue our longstanding practice of providing cash dividends to our shareholders."
First Bancorp is a bank holding company headquartered in
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.

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SOURCE First Bancorp