Dividend Information About First Bancorp: Everything You Need to Know Before Its Ex-Dividend Date on Sep 30, 2025

First Bancorp (FBNC) has announced a quarterly cash dividend of $0.23 per share, set to be paid on Oct 25, 2025, to shareholders of record as of Sep 30, 2025. The ex-dividend date marks the last day an investor can purchase shares and still receive the upcoming dividend. The company declared this dividend on Jul 29, 2025, with a payment date scheduled for late October. The latest dividend payout occurred on Jul 25, 2025, with the same amount of $0.23 per share, indicating continuity in the dividend policy. Comparing this to the average of the last 10 dividends, which stood at approximately $0.1359, the current payout is notably higher, reflecting a recent increase in the dividend per share. This suggests a more aggressive dividend strategy from First Bancorp, potentially signaling confidence in its financial health and capital management.

Over the past week, First Bancorp has drawn attention due to a combination of favorable developments. Analysts indicated that the company has received a recent upgrade to a “Strong Buy” rating, citing improved earnings estimates and a more optimistic outlook for its future performance. Additionally, the Federal Reserve’s recent 25-basis-point rate cut has sparked a rally in regional bank stocks, with First Bancorp benefiting from the broader market tailwinds. The stock has shown a solid uptrend over the past year, supported by stable credit quality and positive momentum. Recent price action also includes a Bollinger Bands narrowing and a bearish marubozu pattern observed on Sept 26, 2025, suggesting some short-term volatility.

Analysts noted that First Bancorp’s current P/E ratio of 22.9x is above both the industry average and its own historical norms, indicating a premium valuation. While this may reflect investor optimism regarding future earnings growth, it also raises questions about whether the stock is overvalued in the current environment. The Simply Wall St DCF model offers a contrasting view, projecting a fair value estimate based on future cash flows, which may highlight potential undiscovered strengths in the company. Despite these mixed signals, First Bancorp remains a key player in the regional banking sector, with a strong balance sheet and consistent dividend payouts supporting its appeal to income-focused investors.

With the ex-dividend date set for Sep 30, 2025, investors should be aware that any purchase of First Bancorp shares after this date will not qualify for the upcoming dividend. As the company continues to navigate a favorable interest rate environment and strong earnings momentum, its ability to maintain or increase dividends will remain a key factor in its long-term investment appeal.