First Bancorp Announces Cash Dividend

SOUTHERN PINES, N.C., March 15, 2017 /PRNewswire/ -- The Board of Directors of First Bancorp FBNC, the parent company of First Bank, has declared a cash dividend on its common stock of $0.08 per share payable April 25, 2017 to shareholders of record as of March 31, 2017.  The $0.08 per share dividend rate is the same as the rate declared in the comparable period of 2016.

First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina, with total assets of approximately $4.3 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 96 branches in North Carolina and South Carolina.  First Bank also has a loan production office in Raleigh, North 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.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/first-bancorp-announces-cash-dividend-300423894.html

SOURCE First Bancorp

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!