FIRST BANCORP. NEW overview

First Bancorp Announces Cash Dividend PR Newswire SOUTHERN PINES, N.C., March 15, 2024 SOUTHERN PINES, N.C. , March 15, 2024 /PRNewswire/ -- 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 $0.22 per share payable on April 25, 2024 to shareholders of record as of March 31, 2024 . Richard Moore , Chief Executive Officer of First Bancorp, stated, "2023 was a challenging year and your...

First Bancorp Reports Fourth Quarter and Annual Results PR Newswire SOUTHERN PINES, N.C., Jan. 24, 2024 SOUTHERN PINES, N.C. , Jan. 24, 2024 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.7 million , or $0.72 per diluted common share, for the three months ended December 31, 2023 compared to $29.9 million , or $0.73 per diluted common share, for the three months ended September 30, 2023 ("linked quarter") and...

First Bancorp Announces Cash Dividend PR Newswire SOUTHERN PINES, N.C., Dec. 15, 2023 SOUTHERN PINES, N.C. , Dec. 15, 2023 /PRNewswire/ -- 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 $0.22 per share payable on January 25, 2024 to shareholders of record as of December 31 , 2023. Richard Moore , Chief Executive Officer of First Bancorp, stated, "It is important to us to use our capital...

First Bancorp Reports Third Quarter Results PR Newswire SOUTHERN PINES, N.C., Oct. 25, 2023 SOUTHERN PINES, N.C. , Oct. 25, 2023 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.9 million , or $0.73 per diluted common share, for the three months ended September 30, 2023 compared to $29.4 million , or $0.71 per diluted common share, for the three months ended June 30, 2023 ("linked quarter") and $37.9 million , or...

First Bancorp Announces Cash Dividend PR Newswire SOUTHERN PINES, N.C., Sept. 15, 2023 SOUTHERN PINES, N.C. , Sept. 15, 2023 /PRNewswire/ -- 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 $0.22 per share payable on October 25, 2023 to shareholders of record as of September 30 , 2023. Richard Moore , Chief Executive Officer of First Bancorp, stated, "Your Company continues to perform...

First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today reported a net income of $70.7 million, or $0.39 per diluted share, for the second quarter of 2023, compared to $70.7 million, or $0.39 per diluted share, for the first quarter of 2023, and $74.7 million, or $0.38 per diluted share, for the second quarter of 2022. Aurelio Alemán, President and Chief Executive Officer of First...

First Bancorp Reports Second Quarter Results PR Newswire SOUTHERN PINES, N.C., July 26, 2023 SOUTHERN PINES, N.C. , July 26, 2023 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.4 million , or $0.71 per diluted common share, for the three months ended June 30, 2023 compared to $15.2 million , or $0.37 per diluted common share, for the three months ended March 31, 2023 ("linked quarter") and $36.6 million , or...

First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the following capital actions: A new stock repurchase program of up to $225 million of the Corporation’s outstanding common stock that we expect to execute thru the end of the 3rd quarter of 2024; The declaration of a quarterly cash dividend of $0.14 per share on its outstanding common stock. The dividend is payable on September 8, 2023 to...