First Bancorp (FBNC) posted fourth-quarter net loss available to common shareholders of $26.5 million or $1.53 per share, compared to net income of $190 thousand or $0.01 per share in the comparable quarter last year.
On average, three analysts polled by Thomson Reuters expected the company to report a loss of $0.42 per share. Analysts' estimates typically exclude special items.
Net interest income for the quarter was $35.7 million, up 11.8% from $31.9 million in the previous year quarter, while total non-interest loss for the quarter was $8.5 million, compared to a total non-interest income of $3.4 million in the year-ago period.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.