Piper Sandler downgraded First Bancorp from Overweight to Neutral and set a new price target of $52.00 from $49.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/14/2023 | $36.50 → $34.00 | Neutral → Buy | DA Davidson |
| 7/31/2023 | Outperform → Mkt Perform | Raymond James | |
| 8/18/2022 | $49.00 → $47.00 | Neutral → Overweight | Piper Sandler |
| 8/1/2022 | $43.00 → $42.00 | Buy → Neutral | DA Davidson |
| 2/28/2022 | $49.00 | Outperform | Raymond James |
| 10/12/2021 | $49.00 → $52.00 | Overweight → Neutral | Piper Sandler |
DA Davidson upgraded First Bancorp from Neutral to Buy and set a new price target of $34.00 from $36.50 previously
Raymond James downgraded First Bancorp from Outperform to Mkt Perform
Piper Sandler upgraded First Bancorp from Neutral to Overweight and set a new price target of $47.00 from $49.00 previously
8-K - FIRST BANCORP /NC/ (0000811589) (Filer)
8-K - FIRST BANCORP /NC/ (0000811589) (Filer)
10-Q - FIRST BANCORP /NC/ (0000811589) (Filer)
SC 13G - FIRST BANCORP /NC/ (0000811589) (Subject)
SC 13G/A - FIRST BANCORP /NC/ (0000811589) (Subject)
SC 13G/A - FIRST BANCORP /NC/ (0000811589) (Subject)
SOUTHERN PINES, N.C., Jan. 29, 2025 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, reported unaudited fourth quarter and full year earnings today. The Company announced net income of $3.6 million, or $0.08 diluted earnings per share ("EPS"), for the three months ended December 31, 2024 compared to $18.7 million, or $0.45 diluted earnings per common share, for the three months ended September 30, 2024 ("linked quarter") and $29.7 million, or $0.72 diluted earnings per common share, for the fourth quarter of 2023 ("like quarter"). For the twelve months ended December 31, 2024, the Company recorded net income of $76.2 million, or $1.84 diluted
SOUTHERN PINES, N.C., Dec. 13, 2024 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ:FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.22 per share payable on January 25, 2025 to shareholders of record as of December 31, 2024. Richard Moore, Chief Executive Officer of First Bancorp, stated, "Our strong capital position allows us to continue to operate profitably and to distribute cash dividends providing our shareholders with a valuable return on their investments." First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.2 billion. Its principal activity is
SOUTHERN PINES, N.C., Oct. 23, 2024 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, reported third quarter earnings today. At the end of September, Hurricane Helene greatly impacted portions of our footprint in Western North Carolina and the upstate of South Carolina. We quickly initiated a response for our associates, customers and communities in these areas, and our most important priority was and continues to be making sure our people are taken care of during this difficult time. Our team rallied together to support our customers and the communities we serve. While some of our facilities suffered damage during the storm, we have worked
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
SOUTHERN PINES, N.C., Jan. 29, 2025 /PRNewswire/ -- First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, reported unaudited fourth quarter and full year earnings today. The Company announced net income of $3.6 million, or $0.08 diluted earnings per share ("EPS"), for the three months ended December 31, 2024 compared to $18.7 million, or $0.45 diluted earnings per common share, for the three months ended September 30, 2024 ("linked quarter") and $29.7 million, or $0.72 diluted earnings per common share, for the fourth quarter of 2023 ("like quarter"). For the twelve months ended December 31, 2024, the Company recorded net income of $76.2 million, or $1.84 diluted
RALEIGH, N.C., Jan. 16, 2025 /PRNewswire/ -- First Bank, a leader in the banking industry in the Carolinas, is thrilled to join forces with the Carolina Hurricanes for an exciting new initiative: The Power of Good Goals. Every time the Canes score, First Bank will donate $100 to the Carolina Hurricanes Foundation, fueling their incredible work in the community. From youth hockey programs and educational support to health and wellness initiatives, this partnership will help the Foundation continue to make a difference for countless individuals across the region. "We are incredibly excited to be partnering with the Carolina Hurricanes Foundation," said Adam Currie, President of First Bank. "Th
SOUTHERN PINES, N.C., Dec. 17, 2024 /PRNewswire/ -- First Bank proudly continues its commitment to community with the successful completion of its 2nd annual companywide food drive. This year, employees, customers and friends from across the Carolinas and in over 110 First Bank locations joined forces to collect 21,750 pounds of food given to over 90 agencies and/or organizations for families in need throughout the community. In addition to addressing food insecurity, First Bank has awarded $319,229 in grants to local nonprofits and schools through the Power of Good Grants throughout 2024 with a total of over $640,000 in philanthropic giving, further solidifying its role as a vital partner i
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
RALEIGH, N.C., Jan. 16, 2025 /PRNewswire/ -- First Bank, a leader in the banking industry in the Carolinas, is thrilled to join forces with the Carolina Hurricanes for an exciting new initiative: The Power of Good Goals. Every time the Canes score, First Bank will donate $100 to the Carolina Hurricanes Foundation, fueling their incredible work in the community. From youth hockey programs and educational support to health and wellness initiatives, this partnership will help the Foundation continue to make a difference for countless individuals across the region. "We are incredibly excited to be partnering with the Carolina Hurricanes Foundation," said Adam Currie, President of First Bank. "Th
SOUTHERN PINES, N.C., July 30, 2024 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ:FBNC) (the "Company") announces the retirement of Mason Y. Garrett from the First Bancorp and First Bank Board of Directors (the "Board of Directors") effective July 26, 2024. Mr. Garrett was the Founder and Chairman of the Board of Directors of GrandSouth Bank and CEO of GrandSouth Bancorporation from 1998 until its merger with the Company in 2023, at which time he joined the Company's Board of Directors. He was a member of the Executive & Loan Committee of First Bank. Mr. Garrett has over 50 years of banking experience, including roles as President and Chief Executive Officer and Chairman of