First Bancorp

FBNC

US3189101062

Banks

Real-time Estimate Cboe BZX Other stock markets 09:50:47 2024-05-30 am EDT			5-day change	1st Jan Change
31.42 ^USD	+1.31%		+0.22%	-14.94%

May. 14	First Bancorp Announces Executive Changes	CI
Apr. 30	Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.	DJ

First Bancorp announces an Equity Buyback for $40 million worth of its shares.

February 07, 2022 at 04:13 pm EST

First Bancorp (NasdaqGS:FBNC) announces a share repurchase program. Under the program, the company will repurchase up to $40 million worth of its common stock. The repurchase program is valid till December 31, 2022.

Latest news about First Bancorp

First Bancorp Announces Executive Changes	May. 14	CI
Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.	Apr. 30	DJ
Financials Down on Regional Bank Fears -- Financials Roundup	Apr. 29	DJ
Republic First becomes first casualty of U.S. bank crisis in 2024	Apr. 29	RE
European Midday Briefing : Fed Rate Decision, Earnings in Focus This Week	Apr. 29	DJ
North American Morning Briefing : Investors Brace for This Week's Earnings, Fed Decision	Apr. 29	DJ
US regulators seize troubled lender Republic First, sell it to Fulton Bank	Apr. 26	RE
US regulators set to seize Republic First Bancorp, WSJ reports	Apr. 26	RE
FDIC is approaching potential buyers of Republic First, Bloomberg News reports	Apr. 24	RE
FDIC is looking for potential buyers for Republic First, Bloomberg News reports	Apr. 24	RE
Earnings Flash (FBNC) FIRST BANCORP Posts Q1 EPS $0.61	Apr. 24	MT
First Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
First BanCorp Q1 Adjusted Earnings Rise, Revenue Falls	Apr. 23	MT
Earnings Flash (FNLC) THE FIRST BANCORP Reports Q1 EPS $0.54	Apr. 17	MT
NCino Picked by FirstBank Puerto to Back Commercial Lending Services	Mar. 20	MT
First BanCorp Insider Sold Shares Worth $858,295, According to a Recent SEC Filing	Mar. 08	MT
First BanCorp Insider Sold Shares Worth $256,800, According to a Recent SEC Filing	Mar. 08	MT
First Bancorp Insider Sold Shares Worth $998,675, According to a Recent SEC Filing	Feb. 09	MT
North American Morning Briefing : Microsoft Kicks -2-	Jan. 30	DJ
North American Morning Briefing : Cautious Start to Fully-Booked Week	Jan. 29	DJ
First Bancorp Q4 EPS, Revenue Decline	Jan. 24	MT
Earnings Flash (FNLC) THE FIRST BANCORP Reports Q4 EPS $0.60	Jan. 24	MT
Earnings Flash (FBNC) FIRST BANCORP Reports Q4 EPS $0.72	Jan. 24	MT
First Bancorp Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 24	CI
First BanCorp Q4 Earnings Up, Revenues Down	Jan. 24	MT

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Company Profile

First Bancorp is a bank holding company. The Company's principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates approximately 118 branches in North Carolina and South Carolina. It maintains a diversified loan portfolio by providing a range of commercial and retail lending services to business entities and individuals. It provides commercial business loans, commercial and residential real estate construction and mortgage loans, revolving lines of credit, letters of credit, and loans for personal uses, home improvement, and automobiles. The Company originates residential mortgages through its mortgage banking division, some of which it sells in the secondary market. Through Magnolia Financial, the Company provides accounts receivable financing and factoring, inventory financing, and purchase order financing. The Company also offers United States Small Business Administration (SBA) loans to small business owners across the nation.

Sector

Banks

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for First Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

31.02 USD

Average target price

40.67 USD

Spread / Average Target

+31.10%

Consensus

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Other Banks

First Bancorp

Equities

FBNC

US3189101062

Banks

First Bancorp announces an Equity Buyback for $40 million worth of its shares.

EPS Revisions