First Bancorp Q3 2026 net income more than doubles year over year to $51.28 million

Bitget2026/10/21 20:13

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First Bancorp’s third-quarter 2026 net income more than doubled year-over-year to $51.28 million.
Net interest income rose 12% year-over-year to $114.8 million, driven by higher loan volume and yields.
Total loans climbed 8% year-over-year to $9.1 billion at September 30, 2026.
The pending Carolina Bank acquisition is scheduled to close in early 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Bancorp published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610211605PR_NEWS_USPR_____CL76542) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Bancorp Q3 2026 net income more than doubles year over year to $51.28 million

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