First Bancorp Declares Cash Dividend of $0.24 Per Share
First Bancorp (NASDAQ: FBNC) has declared a cash dividend of $0.24 per share, to be paid on October 23, 2026, to shareholders of record as of September 30, 2026. The company cited strong financial performance and stable credit quality in the second quarter of 2026 as reasons for continuing its dividend policy. Richard Moore, CEO of First Bancorp, emphasized that their disciplined approach to balance sheet management and expenses is focused on long-term shareholder value. With total assets of $13 billion, First Bancorp operates through its subsidiary, First Bank, which has 113 branches in North Carolina and South Carolina.
Tickers: $FBNC
Topics: corporate announcements dividends