Piper Sandler upgraded First Bancorp from Neutral to Overweight and set a new price target of $58.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/3/2025 | $58.00 | Neutral → Overweight | Piper Sandler |
| 5/13/2025 | $48.00 | Neutral | Piper Sandler |
| 3/26/2025 | $48.00 | Overweight | Stephens |
| 2/7/2025 | Buy → Neutral | Janney | |
| 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 |
Piper Sandler upgraded First Bancorp from Neutral to Overweight and set a new price target of $58.00
Piper Sandler resumed coverage of First Bancorp with a rating of Neutral and set a new price target of $48.00
Stephens initiated coverage of First Bancorp with a rating of Overweight and set a new price target of $48.00
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
Third Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q3-2025 Q2-2025 Q3-2024 Summary Income Statement Total interest income $ 144,200 $ 136,741 $ 131,409 Total interest expense 41,711 40,065 48,366 Net interest income 102,489 96,676 83,043 Provision for credit losses 3,442 2,212 14,200 Noninterest income (12,879) 14,341 13,579 Noninterest expenses 60,211 58,983 59,850 Income tax expense 5,594 11,256 3,892 Net income $ 20,363 $ 38,566 $ 18,680 Key Metrics Diluted EPS $ 0.49 $ 0.93 $ 0.45 Adjusted diluted EPS (1) $ 1.01 $ 0.93 $ 0.45 Book value per share 38.67 37.53 35.74 Tangible book value per share 26.98 25.82 23.91 ROA 0.64 % 1.24 % 0.61 %
SOUTHERN PINES, N.C., Sept. 12, 2025 /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 $0.23 per share payable on October 25, 2025 to shareholders of record as of September 30, 2025. Richard Moore, Chief Executive Officer of First Bancorp, stated, "During the second quarter, we remained focused on serving our customers, maintaining robust capital and liquidity along with stable credit quality, thus resulting in solid financial results. For over forty years, we have paid dividends on our common stock and we are committed to providing a valuable return on investment to our
Second Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q2-2025 Q1-2025 Q2-2024 Summary Income Statement Total interest income $ 136,741 $ 132,660 $ 128,822 Total interest expense 40,065 39,777 47,707 Net interest income 96,676 92,883 81,115 Provision for credit losses 2,212 1,116 541 Noninterest income 14,341 12,902 14,601 Noninterest expenses 58,983 57,893 58,291 Income tax expense 11,256 10,370 8,172 Net income $ 38,566 $ 36,406 $ 28,712 Key Metrics Diluted EPS $ 0.93 $ 0.88 $ 0.70 Book value per share 37.53 36.46 34.10 Tangible book value per share 25.82 24.69 22.19 Return on average assets 1.24 % 1.21 % 0.96 % Return on average common equity 10.11 % 10
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
4 - FIRST BANCORP /NC/ (0000811589) (Issuer)
8-K - FIRST BANCORP /NC/ (0000811589) (Filer)
8-K - FIRST BANCORP /NC/ (0000811589) (Filer)
SCHEDULE 13G/A - FIRST BANCORP /NC/ (0000811589) (Subject)
SOUTHERN PINES, N.C., Oct. 30, 2025 /PRNewswire/ -- First Bancorp (NASDAQ:FBNC), the parent company of First Bank ("the Bank"), announced today that G. Adam Currie, Chief Executive Officer of First Bank, has been appointed to the Boards of Directors of both First Bank and First Bancorp, effective immediately. "This appointment reflects the Board's confidence in Adam's leadership and vision for First Bank's future," said Richard H. Moore, Chairman and CEO of First Bancorp. "Adam has played a pivotal role in our company's growth and success, and we look forward to his continued contributions at the board level as we execute our long-term strategy." Currie was named CEO of First Bank in Februar
Third Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q3-2025 Q2-2025 Q3-2024 Summary Income Statement Total interest income $ 144,200 $ 136,741 $ 131,409 Total interest expense 41,711 40,065 48,366 Net interest income 102,489 96,676 83,043 Provision for credit losses 3,442 2,212 14,200 Noninterest income (12,879) 14,341 13,579 Noninterest expenses 60,211 58,983 59,850 Income tax expense 5,594 11,256 3,892 Net income $ 20,363 $ 38,566 $ 18,680 Key Metrics Diluted EPS $ 0.49 $ 0.93 $ 0.45 Adjusted diluted EPS (1) $ 1.01 $ 0.93 $ 0.45 Book value per share 38.67 37.53 35.74 Tangible book value per share 26.98 25.82 23.91 ROA 0.64 % 1.24 % 0.61 %
SOUTHERN PINES, N.C., Sept. 12, 2025 /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 $0.23 per share payable on October 25, 2025 to shareholders of record as of September 30, 2025. Richard Moore, Chief Executive Officer of First Bancorp, stated, "During the second quarter, we remained focused on serving our customers, maintaining robust capital and liquidity along with stable credit quality, thus resulting in solid financial results. For over forty years, we have paid dividends on our common stock and we are committed to providing a valuable return on investment to our
SOUTHERN PINES, N.C., Oct. 30, 2025 /PRNewswire/ -- First Bancorp (NASDAQ:FBNC), the parent company of First Bank ("the Bank"), announced today that G. Adam Currie, Chief Executive Officer of First Bank, has been appointed to the Boards of Directors of both First Bank and First Bancorp, effective immediately. "This appointment reflects the Board's confidence in Adam's leadership and vision for First Bank's future," said Richard H. Moore, Chairman and CEO of First Bancorp. "Adam has played a pivotal role in our company's growth and success, and we look forward to his continued contributions at the board level as we execute our long-term strategy." Currie was named CEO of First Bank in Februar
GREENSBORO, N.C., June 4, 2025 /PRNewswire/ -- First Bank is pleased to announce the appointment of Larry Jackson as its new Chief Credit Officer, effective April 2025. Jackson will be based at the bank's Greensboro office located at 101 N Spring Street. Larry brings over 21 years of extensive experience in the financial services industry, with a distinguished career focused on credit risk management. He joins First Bank from PNC, where he most recently served as Market Credit Executive. "We are incredibly excited to welcome Larry Jackson to First Bank's leadership team," said Adam Currie, CEO of First Bank. "Larry's deep expertise in credit risk management, strong leadership skills, and hi
SOUTHERN PINES, N.C., Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank (the "Bank"), today announced the promotion of G. Adam Currie from President to Chief Executive Officer (CEO) of the Bank. Currie will replace Michael G. Mayer, who will remain as President of First Bancorp until early 2026. "This transition is the culmination of a succession plan that has been in place for many years," said Richard H. Moore, Chief Executive Officer and Chairman of the Board of Directors of First Bancorp. "It is my privilege to hand over the reins to Adam at this stage of our Company's 90-year history. He has demonstrated his astute kn
SC 13G - FIRST BANCORP /NC/ (0000811589) (Subject)
SC 13G/A - FIRST BANCORP /NC/ (0000811589) (Subject)
SC 13G/A - FIRST BANCORP /NC/ (0000811589) (Subject)