News for First Bancorp (FBNC)

Discover why FNLC is a strong buy: expanding NIM, secure 5.6% dividend yield, and significant price upside.

PR NewswireWASHINGTON, Feb. 25, 2025 Program Recognizes 29 High-Performing Mortgage Servicers Across Three Key Performance AreasWASHINGTON, Feb. 25, 2025 /

Here is how First Bancorp (FBP) and Colony Bankcorp (CBAN) have performed compared to their sector so far this year.

Dime Community Bancshares has hired the former CEO of the failed Republic First Bank in Philadelphia to serve head commercial lending.

Former Citi exec Titi Cole has joined the megabank's board of directors; Citizens Financial Group has formed a trust subsidiary as part of its wealth management and private bank expansion efforts; shareholders of Atlantic Union Bankshares and Sandy Spring Bancorp approved the two companies' planned merger; and more.

First Bancorp (FBNC), the parent company of First Bank, announced on February 6, 2025, the promotion of G. Adam Currie from President to Chief Executive Officer

PR NewswireSOUTHERN PINES, N.C., Feb. 6, 2025 SOUTHERN PINES, N.C., Feb. 6, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ - FBNC), t

Climate First Bancorp founder Ken LaRoe is stepping down as CEO of the Olando, Florida-based company's bank subsidiary

Community banks beset by the fallout from high interest rates took losses in the fourth quarter when they unloaded underperforming securities and loans. But they are reinvesting the proceeds into higher-yielding assets.

First Bancorp (FBNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

First BanCorp. announced a strategic reorganization, appointing Nayda Rivera-Batista as EVP and Chief Consumer Officer, effective April 1.

First Bancorp (FBNC) delivered earnings and revenue surprises of 5.56% and 0.48%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

First BanCorp achieved record revenues in 2024, with total net interest income rising to $807.5 million, up from $797.1 million in 2023. #NewsismyBusiness

Net Income: $76 million for the fourth quarter.Pretax Preprovision Income: Increased by 5% to $117 million.Return on Average Assets: 1.56% for the quarter.Effi

Jan 23, 2025 / 03:00PM GMTOperator Hello, everyone and thank you for joining the First BanCorp fourth-quarter 2024 and full year financial results. My name is B

First BanCorp. posted strong Q4 results with revenue of $241.5 million, indicating healthy banking activity and attractive dividend growth. Click for more on FBP.

First BanCorp. (NYSE:FBP) Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ETCompany ParticipantsRamon Rodriguez - Investor Relations...

Although the revenue and EPS for First Bancorp (FBP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Bancorp (FBP) delivered earnings and revenue surprises of 12.20% and 2.50%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?