SOUTHERN
PINES, N.C., Sept. 15,
2023 /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
$0.22 per share payable on
October 25, 2023 to shareholders of
record as of September 30,
2023.
Richard Moore, Chief Executive
Officer of First Bancorp, stated, "Your Company continues to
perform well, maintaining strong capital and liquidity. We
are pleased to continue the level of cash dividend providing our
shareholders with a valuable return on their investments."
First Bancorp is a bank holding company headquartered in
Southern Pines, North Carolina,
with total assets of approximately $12
billion. Its principal activity is the ownership and
operation of First Bank, a state-chartered community bank that
operates 118 branches in North
Carolina and South Carolina. First Bank also provides
SBA loans to customers through its nationwide network of lenders -
for more information on First Bank's SBA lending capabilities,
please visit www.firstbanksba.com. First Bancorp's common
stock is traded on the NASDAQ Global Select Market under the symbol
"FBNC." Please visit our website at
www.LocalFirstBank.com.
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SOURCE First Bancorp