First Carolina Financial Services Q2 2026 Earnings and IPO

Raleigh, N.C. (USA) - First Carolina Financial Services, Inc. (NYSE: FCBM) today announced its financial results for the second quarter of 2026, marking a significant period of growth and transformation for the company. The financial institution reported net income of $5.1 million, or $0.20 per diluted share, representing an 11.0% increase compared to the same period in 2025.

The company achieved a major milestone during the quarter by successfully completing its initial public offering (IPO). The IPO involved the issuance of 5.5 million shares at $12.50 per share, followed by the underwriters exercising their option to purchase an additional 825,000 shares, bringing total net proceeds to approximately $69.3 million. First Carolina shares began trading on the New York Stock Exchange under the ticker symbol FCBM on June 18, 2026.

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