First Bancorp Declares $0.23 Cash Dividend Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
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Source: Newsfilter
- Dividend Declaration: First Bancorp has declared a cash dividend of $0.23 per share payable on January 25, 2026, to shareholders of record as of December 31, 2025, demonstrating the company's ongoing commitment to shareholder returns.
- Strong Financial Performance: CEO Richard Moore highlighted that the company maintained strong capital and liquidity during the third quarter while achieving meaningful increases in adjusted net income and adjusted EPS, indicating robust operational performance in the market.
- Significant Asset Base: As a bank holding company, First Bancorp boasts total assets of $12.8 billion and operates 113 branches primarily in North Carolina and South Carolina, showcasing its substantial influence in the regional banking sector.
- Long-standing Banking Operations: Since 1935, First Bank has provided tailored banking services by combining best-in-class financial solutions with local expertise, further solidifying its position in the community banking landscape.
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Analyst Views on FBNC
Wall Street analysts forecast FBNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBNC is 60.67 USD with a low forecast of 58.00 USD and a high forecast of 62.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 56.800
Low
58.00
Averages
60.67
High
62.00
Current: 56.800
Low
58.00
Averages
60.67
High
62.00
About FBNC
First Bancorp is a bank holding company. The principal activity of the Company is the ownership and operation of the First Bank (the Bank), a state-chartered bank with its main office in Southern Pines, North Carolina. The Bank has two wholly owned subsidiaries, Magnolia Financial, Inc. (Magnolia Financial) and First Troy SPE, LLC. Magnolia Financial is a business financing company that makes loans throughout the southeastern United States. The Bank maintains a diversified loan portfolio by providing a broad range of commercial and retail lending services to business entities and individuals. The Bank provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. The Bank offers a full range of deposit accounts and services to both retail and commercial customers. The Bank operates about 113 branches.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
First Bancorp Board Member Retires
- Board Member Retirement: Mary Clara Capel retired immediately on January 27, 2026, concluding her service on the First Bancorp and First Bank Board since 2005, marking a significant leadership change for the company.
- Family Service History: The Capel family's service to First Bancorp spans nearly 70 years, beginning with Jesse Capel's board membership in 1959, showcasing the family's profound influence on the company.
- Extensive Business Experience: Mary Clara Capel served as Director of Administration and Marketing at Capel, Incorporated for 37 years, facilitating the company's transformation from a local rug manufacturer to a global importer and exporter, bringing invaluable executive decision-making skills.
- Company's Gratitude: First Bancorp expresses deep gratitude for the Capel family's nearly seven decades of dedication, emphasizing that their leadership has been instrumental in the company's growth and success.
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First Bancorp (FBNC) Q4 Non-GAAP EPS of $1.19 Beats Estimates by $0.15
- Earnings Beat: First Bancorp reported a Q4 Non-GAAP EPS of $1.19, exceeding market expectations by $0.15, indicating resilience in its profitability amidst challenging conditions.
- Revenue Decline: The company's revenue of $83.9 million represents a 5.6% year-over-year decline and fell short of market expectations, reflecting pressures on overall business performance.
- Market Reaction: Given the revenue miss, investors may adopt a cautious outlook on the company's future growth prospects, potentially impacting stock price performance.
- Financial Health: Despite the revenue decline, First Bancorp must focus on maintaining its financial health to ensure stable profitability in a competitive market environment.
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