First Bancorp (FBNC) news

First Bancorp (North Carolina): KBW raises target price to $70 from $67

Keefe, Bruyette & Woods (KBW) has raised its price target for First Bancorp (NASDAQ:FBNC) to $53 from $50, maintaining its Outperform rating on the stock. The adjustment follows the company’s strong second-quarter 2025 performance, which surpassed both KBW and consensus expectations. Key drivers…

Piper Sandler raises target price to $30 from $25 for First Bancorp

Piper Sandler has increased its target price for First Bancorp (NASDAQ: FBC) to $30 from $25, reflecting a more optimistic outlook for the company’s near-term performance [1]. The adjustment follows recent positive developments in the company’s financial results and strategic initiatives. The…

First Bancorp (North Carolina) - Carolina shareholders to receive 1.97 mln First Bancorp shares and $40 mln cash

Fitch upgrades First Bancorp to 'BBB-'; outlook stable

First Bancorp: Corporation and FirstBank categorically deny claims alleged in complaint and intend to vigorously defend against them

First BanCorp, a Puerto Rico-based bank holding company listed on the NYSE, has been charged by the Securities and Exchange Commission (SEC) with financial fraud related to its handling of non-conforming mortgage transactions between 2000 and 2005. The SEC alleges that former senior management…