First Carolina Financial Services, Inc.

First Carolina Financial Services Inc is a bank holding company that manages and owns First Carolina Bank and its direct and indirect subsidiaries. The company operates with a focused banking footprint in the Southeast and a national financial services business, aiming to be a high-performing, opportunistically driven financial services company. It provides innovative banking solutions and financial services to a diverse client base, including small and medium-sized businesses, individuals, professionals, and institutions of higher education. First Carolina Financial Services has four primary lines of business: Commercial Banking, Payments, Consumer Banking, and Wealth Management. Its reportable segments are Community Banking and BM Tech, with the majority of revenue derived from the Community Banking segment. The Community Banking segment focuses on traditional banking activities like gathering deposits and originating loans in its primary market areas. Through its BM Technologies unit, First Carolina Financial Services also operates a national payments platform for higher education disbursements and digital consumer deposit accounts (BankMobile Platform). This payments segment serves colleges and universities nationwide by powering financial aid and refund disbursements, and offers digital-first checking and savings accounts to students and alumni. As of March 31, 2026, the company had over 524,000 customer deposit accounts. First Carolina Financial Services is headquartered in Raleigh, North Carolina, and serves North Carolina, Georgia, South Carolina, and Virginia through nine full-service offices. Sources: [1] https://pitchbook.com/profiles/company/112750-57 [2] https://www.gurufocus.com/term/ffo/FCBM [3] https://stockanalysis.com/stocks/fcbm/company/ [4] https://www.investing.com/news/stock-market-news/first-carolina-financial-services-files-for-nyse-ipo-432SI-4706619 [5] https://www.tradingview.com/news/tradingview:d1bac41e8022f:0-first-carolina-financial-services-southeast-regional-bank-and-payments-platform-files-for-nyse-ipo/ [6] https://stockanalysis.com/stocks/fcbm/ [7] https://www.ipox.com/ipo-calendar/first-carolina-financial-services