First Bancorp Announces $0.23 Dividend, Highlighting Commitment to Shareholder Value

First Bancorp Reinforces Commitment to Shareholders with New Dividend Announcement

On December 12, 2025, First Bancorp, based in Southern Pines, North Carolina, announces a cash dividend of $0.23 per share, set to be payable on January 25, 2026. This dividend is a testament to the company's strong financial health, as noted by CEO Richard Moore during the third-quarter financial reporting. First Bancorp has exhibited robust capital and liquidity, with significant increases in adjusted net income and earnings per share. The decision to issue a dividend reflects the company’s ongoing commitment to delivering shareholder value amidst a competitive banking environment.

First Bancorp operates as a bank holding company and owns First Bank, a state-chartered community bank with 113 branches across North Carolina and South Carolina. Since its establishment in 1935, First Bank has emphasized the importance of tailored banking solutions, leveraging both local expertise and advanced technology. This dual approach allows the bank to effectively meet the diverse needs of individual clients and businesses alike, facilitating smooth management of financial activities. The bank’s offerings include a variety of services, such as personal and business banking, as well as Small Business Administration (SBA) loans, underscoring its commitment to supporting local economies.

The announcement of the cash dividend is indicative of First Bancorp's strategic focus on maintaining a strong balance sheet while rewarding its shareholders. With total assets amounting to $12.8 billion, the company stands in a solid position to navigate market challenges and consumer needs. As First Bancorp continues to expand its footprint in the region, its dedication to compliance, evidenced by its membership in the FDIC and its designation as an Equal Housing Lender, further enhances its reputation in the financial sector and fosters trust among its customer base.

In addition to the dividend announcement, First Bancorp’s performance metrics reveal a positive trajectory in both customer engagement and profitability. The bank’s ability to adapt and innovate in the face of market changes plays a crucial role in its sustained growth and operational success. Stakeholders are encouraged to explore more about First Bancorp's offerings and initiatives through their official website at www.LocalFirstBank.com.