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United States

First Bancorp (FBNC.OQ)

FBNC.OQ on NASDAQ Stock Exchange Global Select Market

19.67USD
23 Aug 2016
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Latest Key Developments (Source: Significant Developments)

First Bancorp reports second quarter results
Tuesday, 26 Jul 2016 04:05pm EDT 

First Bancorp : First bancorp reports second quarter results . Q2 earnings per share $0.37 . Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Total loans at june 30, 2016 amounted to $2.6 billion, a 7.7% increase from a year earlier .Net interest income for q2 of 2016 amounted to $31.5 million, a 6.5% increase from $29.6 million recorded in q2 of 2015.  Full Article

First Bancorp Q2 earnings per share $0.10
Tuesday, 26 Jul 2016 10:03am EDT 

First Bancorp : Qtrly earnings per share $0.10 . Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Qtrly net interest income $120.2 million versus $126.5 million . Qtrly provision for loan and lease losses of $21 million remained relatively flat compared to $21.1 million for Q1 of 2016 Source - http://bit.ly/2adSlrZ Further company coverage: [FBNC.O] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

First Bancorp to buy Carolina Bank Holdings
Wednesday, 22 Jun 2016 07:30am EDT 

Carolina Bank Holdings Inc : Deal for approximately $97.3 million , or $19.26 per share . Merger agreement has been unanimously approved by boards of directors of each company . Co's shareholders will get either 1.002 shares of first bancorp's stock or $20.00 in cash for each share of carolina bank holdings . Keefe, bruyette & woods, inc. Served as financial advisor to first bancorp . Upon completion of acquisition, combined company will have about $4.1 billion in assets, $3.0 billion in loans and $3.4 billion in deposits . Shareholders will receive either 1.002 shares of first bancorp's common stock or $20.00 in cash for each share of co . Sandler O'Neill + partners served as financial advisor to carolina bank .First bancorp to acquire carolina bank holdings, inc..  Full Article

First Bancorp announces cash dividend
Tuesday, 15 Mar 2016 12:05pm EDT 

First Bancorp:Has declared a cash dividend on its common stock of $0.08 per share payable April 25, 2016 to shareholders of record date as of March 31.  Full Article

First Bancorp announces agreement to exchange branches
Friday, 4 Mar 2016 08:15am EST 

First Bancorp:Has reached an agreement to exchange its seven First Bank branches located in Virginia.To exchange seven first bank branches located in Virginia to first community bank in return for six of that bank's branches.Says agreement calls for each side to pay the other a deposit premium based on a scale of deposit account types.Says currently estimated that the amount of loans that will be transferred between the two banks will be up to $175 million.Agreement also calls for each bank's branch premises to be transferred at carrying value.  Full Article

First Bancorp announces cash dividend
Tuesday, 15 Dec 2015 12:05pm EST 

First Bancorp:Declares a cash dividend on its common stock of $0.08 per share payable January 25, 2016 to shareholders of record as of December 31, 2015.  Full Article

First Bancorp declares cash dividend
Tuesday, 15 Sep 2015 03:00pm EDT 

First Bancorp:Declares cash dividend on its common stock of $0.08 per share.Payable Oct. 23 to shareholders of record as of Sept. 30.  Full Article

First Bancorp announces cash dividend
Tuesday, 16 Jun 2015 03:00pm EDT 

First Bancorp:Declares cash dividend on its common stock of $0.08 per share.Payable on July 24, to shareholders of record as of June 30.  Full Article

First Bancorp announces cash dividend
Monday, 16 Mar 2015 11:39am EDT 

First Bancorp:Declares a cash dividend on its common stock of $0.08 per share.Payable April 24 to shareholders of record as of March 31.  Full Article

First Bancorp announces cash dividend
Tuesday, 16 Dec 2014 11:00am EST 

First Bancorp:Declares a cash dividend on its common stock of $0.08 per share.Payable Jan. 23, 2015 to shareholders of record as of Dec. 31.  Full Article