First Bancorp: 2Q Earnings Snapshot
SOUTHERN PINES, N.C. (AP) _ First Bancorp (FBNC) on Wednesday reported second-quarter earnings of $23.9 million.
The Southern Pines, North Carolina-based bank said it had earnings of 80 cents per share.
The bank holding company for First Bank posted revenue of $79 million in the period. Its revenue net of interest expense was $70.4 million, which topped Street forecasts.
First Bancorp shares have climbed 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $35.59, a decline of 14% in the last 12 months.