SOUTHERN PINES, N.C. (AP) — SOUTHERN PINES, N.C. (AP) — First Bancorp (FBNC) on Wednesday reported net income of $46.7 million in its first quarter.
The bank, based in Southern Pines, North Carolina, said it had earnings of $1.13 per share.
The bank holding company for First Bank posted revenue of $157.6 million in the period. Its revenue net of interest expense was $122.3 million, which missed Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBNC at https://www.zacks.com/ap/FBNC
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