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”
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