First Bancorp Announces Increased Cash Dividend for Shareholders

First Bancorp ( (FBNC) ) just unveiled an update.

On June 13, 2025, First Bancorp announced a cash dividend of $0.23 per share on its common stock, payable on July 25, 2025, to shareholders of record as of June 30, 2025. This decision reflects an increase from the previous quarter’s dividend and highlights the company’s strong first-quarter performance, with solid net income, EPS, credit quality, and capital positions, underscoring its commitment to returning capital to shareholders.

The most recent analyst rating on (FBNC) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on First Bancorp stock, see the FBNC Stock Forecast page.

Spark’s Take on FBNC Stock

According to Spark, TipRanks’ AI Analyst, FBNC is a Neutral.

First Bancorp shows solid financial health with a strong balance sheet and cash flow, but recent declines in revenue and profitability are concerns. The stock’s technical indicators suggest mixed signals with some potential for short-term upward momentum. Valuation is fair, supported by a moderate P/E ratio. Corporate events such as the CEO transition and stock buyback are positive, reflecting strategic growth plans and shareholder value commitment.

To see Spark’s full report on FBNC stock, click here.

More about First Bancorp

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of $12.4 billion. It operates First Bank, a state-chartered community bank with 113 branches in North Carolina and South Carolina, offering tailored banking solutions, SBA loans, and leveraging technology for home and business management.

Average Trading Volume: 187,917

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.73B

See more insights into FBNC stock on TipRanks’ Stock Analysis page.