Edition:
United States

First Bancorp (FBNC.OQ)

FBNC.OQ on NASDAQ Stock Exchange Global Select Market

30.23USD
23 Jun 2017
Change (% chg)

$0.02 (+0.07%)
Prev Close
$30.21
Open
$30.34
Day's High
$30.34
Day's Low
$29.79
Volume
148,188
Avg. Vol
40,782
52-wk High
$32.24
52-wk Low
$17.21

Latest Key Developments (Source: Significant Developments)

First Bancorp to acquire ASB Bancorp
Monday, 1 May 2017 04:01pm EDT 

May 1 (Reuters) - ASB Bancorp Inc ::First Bancorp to acquire ASB Bancorp Inc .ASB Bancorp Inc - deal for cash and stock transaction with a total current value of approximately $175 million.Deal for $43.12 per share based on First Bancorp's closing share price on April 28, 2017.ASB Bancorp Inc - merger agreement has been unanimously approved by boards of directors of each company.ASB Bancorp Inc - upon completion of acquisition, combined company will have approximately $5.2 billion in assets, $3.9 billion in loans and $4.3 billion in deposits.ASB Bancorp Inc - co's shareholders will receive 1.44 shares of first bancorp's common stock or $41.90 in cash, or a combination, for each share of co's common stock.ASB Bancorp Inc - Suzanne S. Deferie, president & CEO of ASB Bancorp, will join first bancorp as a board member and in a market leadership capacity.  Full Article

First Bancorp Q1 EPS $0.34
Thursday, 27 Apr 2017 04:01pm EDT 

April 27 (Reuters) - First Bancorp :First bancorp reports first quarter results.Q1 earnings per share $0.34.Net interest income for q1 of 2017 was $34.3 million, up 13.6%.Q1 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

First Bancorp says selling stockholders offering 20 mln shares- SEC filing
Thursday, 2 Feb 2017 06:20am EST 

First Bancorp :Says selling stockholders are offering 20 million shares of co's common stock - sec filing.  Full Article

First Bancorp Q4 earnings per share $0.40
Thursday, 26 Jan 2017 09:00am EST 

First Bancorp : First Bancorp - results for 2016 were negatively impacted by company's early termination of its fdic loss share agreements . First Bancorp reports fourth quarter and annual results . Q4 earnings per share $0.40 .Q4 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.  Full Article

First Bancorp reports Q4 earnings $0.11
Thursday, 26 Jan 2017 07:00am EST 

First Bancorp : First Bancorp. announces earnings for quarter and year ended December 31, 2016 . Q4 earnings per share $0.11 . Qtrly net interest income increased by $2.9 million to $121.1 million, compared to $118.2 million for Q3 of 2016 .First Bancorp qtrly net interest margin was 4.30 percent, up 24 basis points from Q3 of 2016.  Full Article

First bancorp enters into an underwriting agreement related to its public offering
Thursday, 1 Dec 2016 06:09am EST 

First Bancorp :Says entered into an underwriting agreement related to its public offering of 18 million shares of common stock - SEC filing.  Full Article

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

More From Around the Web