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United States

First Bancorp (FBNC.OQ)

FBNC.OQ on NASDAQ Stock Exchange Global Select Market

40.67USD
21 Sep 2018
Change (% chg)

$0.10 (+0.25%)
Prev Close
$40.57
Open
$40.54
Day's High
$40.96
Day's Low
$40.41
Volume
300,083
Avg. Vol
39,456
52-wk High
$43.13
52-wk Low
$32.29

Latest Key Developments (Source: Significant Developments)

First Bancorp Announces Cash Dividend Increase Of 25 Pct
Thursday, 15 Mar 2018 09:00am EDT 

March 15 (Reuters) - First Bancorp ::FIRST BANCORP ANNOUNCES CASH DIVIDEND INCREASE.FIRST BANCORP - DECLARED A CASH DIVIDEND ON ITS COMMON STOCK OF $0.10 PER SHARE.FIRST BANCORP - $0.10 DIVIDEND RATE REPRESENTS A 25% INCREASE OVER PREVIOUS DIVIDEND RATE OF $0.08.  Full Article

First Bancorp Files For Non-Timely 10-K - SEC Filing
Friday, 2 Mar 2018 06:18am EST 

March 2 (Reuters) - First Bancorp ::FIRST BANCORP FILES FOR NON-TIMELY 10-K - SEC FILING.FIRST BANCORP SAYS REQUIRES ADDITIONAL TIME TO COMPLETE, ADDITIONAL TIME TO AUDIT, CERTAIN ITEMS WITH RESPECT TO CORPORATION’S FINANCIAL STATEMENTS.  Full Article

Point72 Asset Management Lp Reports 5.4 Pct Passive Stake In First Bancorp As Of Dec 12
Monday, 18 Dec 2017 05:23pm EST 

Dec 18 (Reuters) - First Bancorp ::POINT72 ASSET MANAGEMENT LP REPORTS 5.4 PERCENT PASSIVE STAKE IN FIRST BANCORP AS OF DEC 12 - SEC FILING.  Full Article

Point72 Asset Management LP reports 5.6 pct passive stake in First Bancorp - SEC Filing
Wednesday, 13 Dec 2017 04:51pm EST 

Dec 13 (Reuters) - First Bancorp ::POINT72 ASSET MANAGEMENT LP REPORTS 5.6 PERCENT PASSIVE STAKE IN FIRST BANCORP AS OF DECEMBER 12 - SEC FILING.  Full Article

First Bancorp reports Q3 earnings $0.53/shr
Tuesday, 24 Oct 2017 04:05pm EDT 

Oct 24 (Reuters) - First Bancorp :First Bancorp reports third quarter results.Q3 earnings per share $0.53.Q3 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.First Bancorp - ‍net interest income for Q3 of 2017 was $41.6 million, a 37.2% increase from $30.4 million recorded in Q3 of 2016​.  Full Article

First Bank Insurance Services to acquire Bear Insurance Service
Monday, 21 Aug 2017 04:01pm EDT 

Aug 21 (Reuters) - First Bancorp :First Bancorp - during the transition period, Bear Insurance Service will continue to operate under its name‍​.  Full Article

First Bancorp receives regulatory approval to acquire ASB Bancorp
Monday, 14 Aug 2017 04:10pm EDT 

Aug 14 (Reuters) - First Bancorp -:First Bancorp receives regulatory approval for acquisition of ASB Bancorp Inc.First Bancorp - ‍now received all required regulatory approvals to acquire ASB Bancorp Inc.First Bancorp - expects to complete merger of asb bancorp into first bancorp and asheville savings bank, ssb into first bank on October 1, 2017.  Full Article

First Bancorp Q2 earnings per share $0.45
Tuesday, 25 Jul 2017 04:01pm EDT 

July 25 (Reuters) - First Bancorp :First Bancorp reports second quarter results.Q2 earnings per share $0.45.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.First bancorp - ‍net interest income for Q2 of 2017 was $39.9 million, a 26.6% increase from $31.5 million recorded in Q2 of 2016​.First bancorp - ‍net interest margin for q2 of 2017 was 4.08% compared to 4.21% for Q2 of 2016​.First bancorp - recorded no provision for loan losses in Q2 of 2017 compared to a total negative provision for loan losses of $0.3 million in Q2 of 2016​.  Full Article

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