Question 1

What does First Bancorp do?

Accepted Answer

First Bancorp is a financial holding company that provides financial services for retail, commercial, and institutional clients.

Question 2

In what sectors does First Bancorp operate?

Accepted Answer

First Bancorp operates in Banking, Finance, Financial Services.

Question 3

How many companies has First Bancorp acquired?

Accepted Answer

First Bancorp has made 6 acquisitions between 2007-2026, with a total disclosed deal value of $456.4M.

Question 4

What companies are owned by First Bancorp?

Accepted Answer

Companies acquired by First Bancorp include First Carolina Bancshares Corporation, GrandSouth Bancorporation, Select Bank & Trust, Asheville Savings Bank, Carolina Bank, Great Pee Dee Bancorp.

Question 5

What are First Bancorp's major acquisitions?

Accepted Answer

First Bancorp's largest acquisitions include Asheville Savings Bank ($175.0M, 2017), First Carolina Bancshares Corporation ($166.0M, 2026), Carolina Bank ($97.3M, 2016), GrandSouth Bancorporation ($18.1M, 2022).

Question 6

What is First Bancorp's largest acquisition?

Accepted Answer

First Bancorp's largest disclosed acquisition is Asheville Savings Bank for $175.0M (2017).

Question 7

What was First Bancorp's first acquisition?

Accepted Answer

First Bancorp's first recorded acquisition was Great Pee Dee Bancorp in 2007.

Question 8

What was First Bancorp's most recent acquisition?

Accepted Answer

First Bancorp's most recent acquisition is First Carolina Bancshares Corporation, announced July 2026 for $166.0M.

Question 9

What is the average deal size for First Bancorp acquisitions?

Accepted Answer

The average disclosed deal size for First Bancorp acquisitions is $114.1M.

Question 10

What is the median deal size for First Bancorp acquisitions?

Accepted Answer

The median disclosed deal size for First Bancorp acquisitions is $131.7M. The median is often lower than the average because a few very large deals pull the average up.

Question 11

How much has First Bancorp spent on acquisitions?

Accepted Answer

First Bancorp has spent at least $456.4M across its disclosed acquisitions (of 6 total deals; some prices are undisclosed).

Question 12

Which sector has First Bancorp spent the most on?

Accepted Answer

First Bancorp has committed the most disclosed capital to Financial Services companies — about $456.4M across its deals in that sector.

Question 13

What sectors does First Bancorp usually acquire in?

Accepted Answer

First Bancorp most frequently acquires companies in Financial Services, Banking, Investment Banking.

Question 14

In which sector has First Bancorp made the most acquisitions?

Accepted Answer

First Bancorp has made the most acquisitions in the Financial Services sector.

Question 15

In which year did First Bancorp make the most acquisitions?

Accepted Answer

First Bancorp made the most acquisitions in 2026, with 1 deal.

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