First Carolina files for US IPO as bank listings rise
First Carolina reported a quarterly profit of 5.9 million dollars in its IPO filing. The lender will list on the NYSE as US bank listings gain momentum.
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First Carolina Financial Services filed for a U.S. IPO on Friday as it capitalizes on a surge in bank listings. The Raleigh-based lender reported net income of $5.9 million for the first quarter, up from $4.7 million a year earlier, with net interest income rising to $25.5 million from $23.8 million in the same period.
