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First Bancorp boosts dividend and announces board transition

Story Highlights
  • First Bancorp raised its quarterly cash dividend to $0.24 per share, reinforcing ongoing returns to shareholders.
  • Director and former board chair Mary Clara Capel retired, ending a nearly 70-year Capel family legacy at First Bancorp.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Bancorp boosts dividend and announces board transition

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The latest update is out from First Bancorp ( (FBNC) ).

On January 27, 2026, First Bancorp announced that its board of directors approved a cash dividend of $0.24 per share on its common stock, payable on April 24, 2026 to shareholders of record as of March 31, 2026, representing an increase from the prior $0.23 dividend and signaling continued capital return to investors. On the same date, the company reported the immediate retirement of long-serving director and former board chair Mary Clara Capel, whose tenure since 2005 and the Capel family’s nearly 70-year association with the bank have played a significant role in First Bancorp’s governance, growth, and community banking franchise, marking a notable leadership transition for the institution and its stakeholders.

The most recent analyst rating on (FBNC) stock is a Buy with a $65.00 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 Outperform.

First Bancorp’s overall stock score reflects its strong financial performance and positive technical indicators. The company’s robust balance sheet and efficient operations provide a solid foundation, while technical analysis indicates bullish momentum. Valuation metrics suggest the stock is fairly valued, with a reasonable dividend yield. The absence of earnings call data does not impact the score significantly, and recent corporate events reinforce a positive outlook.

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 $12.7 billion. Its primary business is the ownership and operation of First Bank, a state-chartered community bank with 113 branches across North Carolina and South Carolina, offering tailored retail and commercial banking services, SBA lending through a nationwide network, and technology-enabled financial solutions for households and businesses. The company’s common stock trades on the NASDAQ Global Select Market under the symbol FBNC.

Average Trading Volume: 227,541

Technical Sentiment Signal: Buy

Current Market Cap: $2.39B

For an in-depth examination of FBNC stock, go to TipRanks’ Overview page.

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