Regional Bank Stock Up 33% as $3.7 Million Exit Tells a Different Story

Old North State Trust reported selling out of First Bancorp (NASDAQ:FBNC) in a March 24, 2026, SEC filing, with the estimated trade value at $3.70 million based on quarterly average pricing. What happened According to an SEC filing dated March 24, 2026, Old North State Trust reported selling its entire holding of 72,921 shares in First Bancorp (NASDAQ:FBNC). The estimated value of the shares sold during the quarter was $3.70 million, calculated using the mean unadjusted closing price over the period. The ...