First Bancorp Announces Retirement of Director

SOUTHERN PINES, N.C., Jan. 27, 2026 /PRNewswire/ -- On January 27, 2026, First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective immediately.

PRNewsWire • Jan 27, 2026

First Bancorp Reports Fourth Quarter and Full Year Results

Fourth Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q4-2025 Q3-2025 Q4-2024 Summary Income Statement Total interest income $  143,634 $  144,200 $  132,395 Total interest expense 37,435 41,711 43,554 Net interest income 106,199 102,489 88,841 Provision for credit losses 4,732 3,442 507 Noninterest income (22,299) (12,879) (23,177) Noninterest expenses 62,223 60,211 58,279 Income tax expense 1,232 5,594 3,327 Net income $ 15,713 $ 20,363 $   3,551 Key Metrics Diluted EPS $     0.38 $     0.49 $     0.08 Adjusted diluted EPS (1) $     1.19 $     1.01 $     0.76 Book value per share 39.89 38.67 34.96 Tangible book value per share 28.23 26.98 23.17 ROA 0.49 % 0.64 % 0.12 % Adjusted ROA (1) 1.54 % 1.31 % 1.03 % ROCE 3.83 % 5.14 % 1.29 % Adjusted ROCE (1) 12.01 % 10.55 % 8.60 % ROTCE 5.80 % 7.83 % 1.93 % Adjusted ROTCE (1) 17.45 % 15.66 % 13.39 % NIM 3.58 % 3.46 % 3.05 % NIM- T/E 3.60 % 3.47 % 3.08 % Quarterly NCO ratio 0.05 % 0.14 % 0.04 % ACL ratio 1.42 % 1.44 % 1.51 % Capital Ratios (2) Tangible common equity to tangible assets 9.61 % 9.12 % 8.22 % Common equity tier I capital ratio 14.06 % 14.35 % 14.35 % Total risk-based capital ratio 16.08 % 16.58 % 16.63 % (1) Q4-2025, Q3-2025 and Q4-2024 adjusted to exclude impact of securities loss of $43.7 million (after tax $33.6 million), $27.9 million (after tax $21.4 million) and $36.8 million (after tax $28.2 million), respectively.  See Appendices D, E, F and G.

PRNewsWire • Jan 21, 2026

First Bancorp (FBNC) Q4 Earnings Beat Estimates

First Bancorp (FBNC) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.76 per share a year ago.

Zacks Investment Research • Jan 21, 2026

Here's What Key Metrics Tell Us About First Bancorp (FBNC) Q4 Earnings

The headline numbers for First Bancorp (FBNC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research • Jan 22, 2026

20 bank stocks expected to rise as much as 17% during 2026

Regional-bank stocks trade at lower valuations than those of the largest U.S. banks.

Market Watch • Jan 12, 2026

First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C. , Dec. 12, 2025 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on January 25, 2026 to shareholders of record as of December 31, 2025.

PRNewsWire • Dec 12, 2025

The First Bancorp: Attractive, But Keep An Eye On Loans Past Due

The First Bancorp delivered robust earnings growth, with net income up 20% YoY despite higher loan loss provisions. FNLC's net interest income surged nearly 25%, supported by rising interest income and lower expenses, while the dividend remains well-covered. Loan book quality is under scrutiny as past due loans—mainly CRE—rose, but real estate backing and modest provisioning mitigate immediate risk.

Seeking Alpha • Dec 12, 2025

Adam Currie Appointed to Board of Directors of First Bank and First Bancorp

SOUTHERN PINES, N.C. , Oct. 30, 2025 /PRNewswire/ -- First Bancorp (NASDAQ: FBNC), the parent company of First Bank ("the Bank"), announced today that G.

PRNewsWire • Oct 30, 2025

First Bancorp Reports Third Quarter Results

Third Quarter 2025 Financial Data (Dollars in 000s, except per share data) Q3-2025 Q2-2025 Q3-2024 Summary Income Statement Total interest income $  144,200 $  136,741 $  131,409 Total interest expense 41,711 40,065 48,366 Net interest income 102,489 96,676 83,043 Provision for credit losses 3,442 2,212 14,200 Noninterest income (12,879) 14,341 13,579 Noninterest expenses 60,211 58,983 59,850 Income tax expense 5,594 11,256 3,892 Net income $ 20,363 $ 38,566 $ 18,680 Key Metrics Diluted EPS $     0.49 $     0.93 $     0.45 Adjusted diluted EPS (1) $     1.01 $     0.93 $     0.45 Book value per share 38.67 37.53 35.74 Tangible book value per share 26.98 25.82 23.91 ROA 0.64 % 1.24 % 0.61 % Adjusted ROA (1) 1.31 % 1.24 % 0.61 % ROCE 5.14 % 10.11 % 5.14 % Adjusted ROCE (1) 10.55 % 10.11 % 5.14 % ROTCE 7.83 % 15.25 % 8.30 % Adjusted ROTCE (1) 15.66 % 15.25 % 8.30 % NIM 3.46 % 3.32 % 2.88 % NIM- T/E 3.47 % 3.32 % 2.91 % Quarterly NCO ratio 0.14 % 0.06 % 0.11 % ACL ratio 1.44 % 1.47 % 1.53 % Capital Ratios (2) Tangible common equity to tangible assets 9.12 % 8.83 % 8.47 % Common equity tier I capital ratio 14.35 % 14.64 % 14.37 % Total risk-based capital ratio 16.58 % 16.90 % 16.65 % (1) Q3-2025 adjusted to exclude impact of securities loss of $27.9 million (after tax $21.4 million). See Appendices D, E, F and G.

PRNewsWire • Oct 22, 2025

First Bancorp (FBNC) Q3 Earnings and Revenues Surpass Estimates

First Bancorp (FBNC) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.7 per share a year ago.

Zacks Investment Research • Oct 22, 2025