First Bancorp (North Carolina) (FBNC) has declared a dividend of $0.23 per share, reinforcing its commitment to returning value to shareholders. This dividend is payable to shareholders of record as of September 29, 2025, with the payment scheduled for October 24, 2025.
With a dividend yield of 1.85%, this quarterly payment underscores the bank's solid financial standing. The company operates as a bank holding company, engaging in various banking activities, including accepting deposits and issuing loans. Based in Southern Pines, North Carolina, First Bancorp employs 1,345 full-time staff and operates approximately 113 branches. Its principal activity is the ownership and operation of First Bank, which provides a wide range of commercial and retail lending services.
The bank maintains a diversified loan portfolio and offers various deposit accounts and services to both retail and commercial customers. As of November 20, 2025, the company boasts a market cap of $2.0 billion, a P/E ratio of 20.64, and an EPS of 2.39.
This announcement highlights the bank's ongoing strategy to provide regular income to its investors, reflecting a stable cash flow generation and effective capital allocation. Investors should note that while dividends can be appealing, they are not guaranteed and may be adjusted based on business performance and management decisions. Upcoming earnings reports are anticipated, with estimates of $1.13 EPS and $129.5 million in revenue for July 20, 2026.