FIRST BANCORP /NC/ reported the three months ended March 31, 2026 results: net income $46.7 million, EPS $1.13.
“The Company announced net income of $46.7 million, or $1.13 diluted earnings per share ("D-EPS"), for the three months ended March 31, 2026”
Brent Hicks was appointed as Executive Vice President and Chief Accounting Officer at FIRST BANCORP /NC/.
“Brent Hicks (age 52) was named Executive Vice President and Chief Accounting Officer of the Company and the Bank”
Christian Wilson was appointed as Executive Vice President and Chief Operating Officer at FIRST BANCORP /NC/.
“on May 13, 2024, Christian Wilson (age 43) was named Executive Vice President and Chief Operating Officer of the Bank”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved To adopt a new equity based incentive plan, entitled the First Bancorp 2024 Equity Plan. at the 2024-05-02 meeting.
“t" Shares Withheld Shares Abstained Broker Non-Votes Proposal 1: To elect 15 nominees to the Board of Directors to serve until the 2025 annual meeting of shareholders, or until their successors are elected and qualified Mary Clara Capel 28,915,603 — 948,906 — 4,800,906 James C. Crawford, III 23,481,671 — 6,382,838 — 4,800,906 Suzanne S. DeFerie 17,338,104 — 12,526,405 — 4,800,906 Abby J.”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved To approve, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers (“Say-on-Pay”). at the 2024-05-02 meeting.
“(iii) approved, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers (“Say-on- Pay”);”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved To ratify the appointment of BDO USA, LLP as the independent auditors of the Company for 2024. at the 2024-05-02 meeting.
“(ii) ratified the appointment of BDO USA, LLP as the independent auditors of the Company for 2024;”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved To elect 15 nominees to the Board of Directors to serve until the 2025 annual meeting of shareholders, or until their successors are elected and qualified at the 2024-05-02 meeting.
“(i) elected each of the 15 persons listed below under Proposal 1 to serve as a director of the Company until the 2025 annual meeting;”
Earnings Releases
FIRST BANCORP /NC/ reported the three months ended March 31, 2024 results: net income $25.3 million, EPS $0.61 per diluted common share.
“announced today net income of $25.3 million, or $0.61 per diluted common share, for the three months ended March 31, 2024”
Earnings Releases
FIRST BANCORP /NC/ reported the twelve months ended December 31, 2023 results: net income $104.1 million, EPS $2.53 per diluted common share.
“For the twelve months ended December 31, 2023, the Company recorded net income of $104.1 million, or $2.53 per diluted common share”
Earnings Releases
FIRST BANCORP /NC/ reported the three months ended December 31, 2023 results: net income $29.7 million, EPS $0.72 per diluted common share.
“First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.7 million, or $0.72 per diluted common share, for the three months ended December 31, 2023”
Earnings Releases
FIRST BANCORP /NC/ reported the nine months ended September 30, 2023 results: net income $74.5 million, EPS $1.81 per diluted common share.
“For the nine months ended September 30, 2023, the Company recorded net income of $74.5 million, or $1.81 per diluted common share”
Earnings Releases
FIRST BANCORP /NC/ reported the three months ended September 30, 2023 results: net income $29.9 million, EPS $0.73 per diluted common share.
“First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.9 million, or $0.73 per diluted common share, for the three months ended September 30, 2023”
Earnings Releases
FIRST BANCORP /NC/ reported three months ended June 30, 2023 results: net income $29.4 million, EPS $0.71 per diluted common share.
“First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $29.4 million, or $0.71 per diluted common share, for the three months ended June 30, 2023”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-04 meeting.
“(iii) approved, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers (“Say-on- Pay”)”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved Ratification of BDO USA, LLP as independent auditors for 2023 at the 2023-05-04 meeting.
“(ii) ratified the appointment of BDO USA, LLP as the independent auditors of the Company for 2023”
Shareholder Votes
FIRST BANCORP /NC/ shareholders approved Election of 16 directors to serve until 2024 annual meeting at the 2023-05-04 meeting.
“the Company’s shareholders: (i) elected each of the 16 persons listed below under Proposal 1 to serve as a director of the Company until the 2024 annual meeting”
Earnings Releases
FIRST BANCORP /NC/ reported the three months ended March 31, 2023 results: net income $15.2 million, EPS $0.37 per diluted common share.
“First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $15.2 million, or $0.37 per diluted common share, for the three months ended March 31, 2023”
Earnings Releases
FIRST BANCORP /NC/ reported the twelve months ended December 31, 2022 results: net income $146.9 million, EPS $4.12 per diluted common share.
“For the twelve months ended December 31, 2022, the Company recorded net income of $146.9 million, or $4.12 per diluted common share, compared to $95.6 million, or $3.19 per diluted common share for the twelve months ended December 31, 2021.”
Earnings Releases
FIRST BANCORP /NC/ reported the three months ended December 31, 2022 results: net income $38.4 million, EPS $1.08 per diluted common share.
“First Bancorp (the "Company") (NASDAQ - FBNC), the parent company of First Bank, announced today net income of $38.4 million, or $1.08 per diluted common share, for the three months ended December 31, 2022, compared to $37.9 million, or $1.06 per diluted common share for th e three months ended September 30, 2022 ("linked quarter") and $10.5 million, or $0.30 per diluted common share, recorded in the fourth quarter of 2021.”
M&A Transactions
FIRST BANCORP /NC/ completed an acquisition involving GrandSouth Bancorporation for 0.91 shares of First Bancorp common stock per share (closed 2023-01-01).
“loyal support they have shown over the years and for what I expect will be many more years to come.” Under the terms of the merger agreement, GrandSouth shareholders will receive 0.91 shares of First Bancorp common stock for each share of GrandSouth common and preferred stock. Any fractional shares resulting from the exchange will be paid cash at a rate of”
Dexter V. Perry was appointed as Director at FIRST BANCORP /NC/.
“Effective July 6, 2021, the Boards of Directors of First Bancorp and First Bank appointed Dexter V. Perry to the Boards of Directors of First Bancorp and First Bank.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.