First Bancorp Raises Quarterly Dividend Amid Strong Results

First Bancorp ( (FBNC) ) has issued an update.

On March 13, 2026, First Bancorp announced that its board of directors had declared a cash dividend of $0.24 per share on its common stock, payable on April 27, 2026 to shareholders of record as of March 31, 2026. Chief executive Richard Moore highlighted strong fourth-quarter performance, citing solid capital and liquidity, stable credit quality, and growth in adjusted net income and earnings per share as support for the higher dividend and the company’s ongoing capital return strategy.

The most recent analyst rating on (FBNC) stock is a Buy with a $68.00 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.

Overall score is driven primarily by solid financial performance (improving 2025 profitability, conservative leverage, and good cash-flow quality). Technicals are supportive with an established uptrend and moderate momentum. Valuation is the main restraint due to a higher P/E and modest yield, while recent corporate events are broadly positive due to dividend actions despite a leadership transition.

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 core business is the ownership and operation of First Bank, a state-chartered community bank running 113 branches across North Carolina and South Carolina and offering tailored banking services, including SBA loans through a nationwide lender network.

The company focuses on combining local expertise, technology, and comprehensive financial solutions for households and businesses. Its common stock trades on the NASDAQ Global Select Market under the symbol FBNC, and First Bank operates as a Member FDIC and Equal Housing Lender within the U.S. community banking sector.

Average Trading Volume: 247,604

Technical Sentiment Signal: Buy

Current Market Cap: $2.23B

For a thorough assessment of FBNC stock, go to TipRanks’ Stock Analysis page.