First Bancorp declares $0.24 cash dividend
First Bancorp’s board declared a $0.24 per share cash dividend, payable October 23, 2026 to shareholders of record on September 30, 2026.
Rhea-AI Filing Summary
First Bancorp (FBNC) announced that its board of directors has declared a cash dividend of $0.24 per share on its common stock. The dividend is payable on October 23, 2026 to shareholders of record as of September 30, 2026.
The company highlighted continued solid financial performance, stable credit quality, and strong capital and liquidity positions in the second quarter of 2026. First Bancorp, a bank holding company headquartered in Southern Pines, North Carolina, reported total assets of $13.0 billion and operates 113 branches in North Carolina and South Carolina.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Cash dividend per share: $0.24 per share
Dividend record date: September 30, 2026
Dividend payment date: October 23, 2026
+2 more
5 metrics
Cash dividend per share
$0.24 per share
Declared on common stock, payable October 23, 2026
Dividend record date
September 30, 2026
Shareholders of record on this date will receive the $0.24 dividend
Dividend payment date
October 23, 2026
Scheduled payment date for the $0.24 per share cash dividend
Total assets
$13.0 billion
Total assets of First Bancorp as described in the news release
Branch count
113 branches
First Bank branches in North Carolina and South Carolina
Key Terms
cash dividend, shareholders of record, bank holding company, state-chartered community bank, +1 more
5 terms
cash dividend financial
"has declared a cash dividend on its common stock of $0.24 per share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
bank holding company financial
"First Bancorp is a bank holding company headquartered in Southern Pines"
A bank holding company is a parent corporation that owns one or more banks and other financial businesses, like a household that controls several shops under the same roof. Investors care because this structure determines how the business is regulated, how it raises capital, pays dividends, and absorbs losses; it can make a banking group safer or riskier and affects the value and liquidity of the company’s shares.
state-chartered community bank financial
"the ownership and operation of First Bank, a state-chartered community bank"
A state-chartered community bank is a locally focused bank granted its legal license by a state government rather than a federal agency; it typically concentrates on everyday banking services like deposits, mortgages and small business loans within a specific region. Investors care because these banks’ fortunes are closely tied to local economies and regulations, offering predictable customer relationships but also concentration risk—think neighborhood grocery versus a national supermarket.
SBA loans financial
"First Bank also provides SBA loans to customers through its nationwide network"
SBA loans are small-business loans that carry a guarantee from the U.S. Small Business Administration, meaning the government promises to cover part of the lender’s loss if the borrower can’t repay. For investors, these loans matter because they make credit more available and less risky for small companies, which can support business growth and local economic activity—similar to a safety net that encourages banks to lend where they might otherwise be cautious.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend did First Bancorp (FBNC) declare in this 8-K?
First Bancorp declared a cash dividend of $0.24 per share on its common stock. The company described its financial performance and capital and liquidity positions as solid in the second quarter of 2026.
When is the First Bancorp (FBNC) dividend payable and what is the record date?
The dividend is payable on October 23, 2026 to shareholders of record as of September 30, 2026. Holders on the record date will be entitled to receive the $0.24 per share cash dividend.
What financial condition did First Bancorp (FBNC) highlight with this dividend announcement?
First Bancorp highlighted solid financial performance, stable credit quality, and strong capital and liquidity positions during the second quarter of 2026 in connection with announcing the cash dividend.
How large is First Bancorp (FBNC) in terms of total assets?
First Bancorp reported total assets of $13.0 billion. The company is a bank holding company whose principal activity is owning and operating First Bank, a state-chartered community bank.
How many branches does First Bancorp’s First Bank operate?
First Bank, the principal subsidiary of First Bancorp, operates 113 branches in North Carolina and South Carolina, reflecting its footprint as a regional community bank.
On which market is First Bancorp (FBNC) common stock traded?
First Bancorp’s common stock is traded on The NASDAQ Global Select Market under the symbol “FBNC”, as stated in the company’s disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
| Date of Report (Date of earliest event reported): | ||||||||
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer | ||||||||||||
| of Incorporation) | File Number) | Identification Number) | ||||||||||||
| (Address of Principal Executive Offices) | (Zip Code) | |||||||||||||
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which registered: | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
1
First Bancorp
INDEX
| Page | |||||
| Item 8.01 – Other Events | 3 | ||||
| Item 9.01 – Financial Statements and Exhibits | 3 | ||||
| Signatures | 4 | ||||
Exhibit 99.1 – News Release dated September 15, 2026 | 5 | ||||
2
Item 8.01 – Other Events
On September 15, 2026, First Bancorp (the "Company") issued a news release to announce a cash dividend.
The Company reported that its board of directors had declared a cash dividend of $0.24 per share on its common stock payable on October 23, 2026 to shareholders of record as of September 30, 2026.
Item 9.01 – Financial Statements and Exhibits
Exhibit 99.1 – News Release dated September 15, 2026
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| FIRST BANCORP | ||||||||||||||||||||
| September 15, 2026 | By: | /s/ Richard H. Moore | ||||||||||||||||||
| Richard H. Moore | ||||||||||||||||||||
| Chief Executive Officer | ||||||||||||||||||||
4
News Release
| For Immediate Release: | For More Information, | |||||||||||||
| September 15, 2026 | Contact: Katie Doyle | |||||||||||||
| 336-286-8741 | ||||||||||||||
First Bancorp Announces Cash Dividend
Southern Pines, NC, September 15, 2026 - 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 $0.24 per share payable on October 23, 2026 to shareholders of record as of September 30, 2026.
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 Southern Pines, North Carolina, with total assets of $13.0 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.
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.