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FIRST BANCORP /NC/Bullish
First Bancorp (FBNC) reported its third-quarter 2026 financial results, achieving a net income of $51.3 million and diluted EPS of $1.24. The net interest margin (NIM) expanded to 3.75%, up 0.04% from the previous quarter, while total assets grew to $13.2 billion.…more
FIRST BANCORP /NC/
First Bancorp (FBNC) has entered into a definitive merger agreement to acquire First Carolina Bancshares. Under the terms, each First Carolina share will be converted into 14.5340 shares of First Bancorp common stock and $294.94 in cash, with a special shareholder meeting scheduled for November 17, 2026.…more
FIRST BANCORP /NC/
First Bancorp (FBNC) received SEC effectiveness for its registration statement (Form S-3) on October 9, 2026. This approval enables the company to proceed with potential securities offerings for capital raising purposes.…more
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First Bancorp Q3 EPS Beats Estimates, Revenue Slightly Misses
First Bancorp reported Q3 EPS of $1.24, exceeding analyst expectations and showing significant growth over the previous year. However, quarterly revenue of $129.914 million fell slightly short of the consensus estimate.…more