Samantha Glaude, First National Bank Tue, 12/22/2020 - 7:00am
First National Bank’s parent company, The First Bancorp, was recently named in the top 20 performance powerhouses from Bank Director, the leading information resource for director and financial institutions nationwide.
The 20 high-performing banks were selected based on total shareholder return generated over a 20-year period, ending June 30, 2020. Bank Director’s 2021 Ranking Banking study, sponsored by Crowe LLP, then went on to examine and rank 10 categories across banking focusing on a five-year period from December 2014-December 2019. The First Bancorp went on to receive high marks, rating #5 Most Efficient Bank and #9 Best Bank for Creating Value.
Richard Drew/AP Photo This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Bank of America strategist Jill Carey Hall says smaller and cheaper value stocks should continue to outperform.
Carey Hall and her team are highlighting 26 Buy -rated stocks that are inexpensive based on value metrics and should do well as the economy reopens.
She also advises investors to pick carefully and avoid money-losing companies because a historically large portion of smaller firms are unprofitable.
Smaller stocks are staging a furious rally, but Bank of America says they ve been so neglected for so long that there are still some real bargains to be found.
Posted on 8350
The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 31 cents per share. This fourth quarter dividend is payable January 19, 2021 to shareholders of record as of January 6, 2021. Based on the December 16, 2020 closing price of $25.41 per share, the annualized dividend of $1.24 per share translates to a yield of 4.88%.
“The First Bancorp reported strong earnings in the first three quarters of 2020, including record earnings for the quarter ended September 30, 2020,” remarked President & Chief Executive Officer, Tony C. McKim. “The Company’s Board of Directors remains supportive of paying a generous cash dividend to our shareholders and I am pleased we are able to do so.”
Is LTRPA A Good Stock To Buy Now? yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
First Bank Makes $55,000 In Donations To Support Children, Fight Hunger
News provided by
Share this article
Share this article
SOUTHERN PINES, N.C, Dec. 17, 2020 /PRNewswire/ First Bank, North Carolina s largest community bank, made a number of donations of this week to charities within its footprint. These include:
NourishNC: to support the construction of a new, larger facility that will increase access to and efficiency of its many programs, as well as provide additional storage for fresh and nonperishable food donations.
The Boys & Girls Club of the Sandhills: in support of a capital project that will allow the nonprofit to purchase and refurbish a new gym for the program.