First Carolina Financial Services, Inc.

First Carolina Financial Services, Inc. (FCBM) priced its initial public offering on Jun 18, 2026 at $12.50 per share, raising $68.8M, and listed on NYSE. At the IPO price its market capitalization was about $378.1M. Stifel was lead-left underwriter, joined by Raymond James. Skadden, Arps and Wyrick Robbins Yates & Ponton advised the company and Troutman Pepper advised the underwriters.

First Carolina Financial Services, Inc. is the holding company for a North Carolina-chartered bank. It also owns BM Technologies, a payments business that helps higher education institutions process financial aid disbursements and refunds to students.

Status

IPO

Ticker

FCBM

Exchange

NYSE

Priced

Jun 18, 2026

IPO price

$12.50

Raised

$68.8M

Market cap at IPO price

$378.1M

First filed

May 22, 2026

Underwriters

Stifel and Raymond James

Company counsel

Skadden, Arps and Wyrick Robbins Yates & Ponton

Underwriters' counsel

Troutman Pepper

Sector

Financials

Country / state

NC

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.