First Bancorp Declares $0.24 Quarterly Dividend

Shareholders of First Bancorp are set to receive a cash dividend of $0.24 per share on July 24, 2026. The board of directors confirmed the payout for those on record as of June 30, following a first quarter defined by margin expansion and rigorous expense management.

CEO Richard Moore attributed the decision to the bank's stable credit quality and disciplined capital management throughout the opening months of the year. The North Carolina-based holding company, which oversees First Bank, currently manages $12.9 billion in total assets across a network of 113 branches in the Carolinas. This dividend continues the firm's long-standing policy of returning value to investors while maintaining its community banking focus. First Bancorp, traded on the NASDAQ under the symbol FBNC, continues to emphasize a tailored approach to financial solutions and small business lending.