First Carolina Financial Services filed for a U.S. initial public offering on Friday, disclosing a jump in first-quarter profit as a strong run of new listings by U.S. banks extends into 2026.
The Raleigh, North Carolina-based lender reported a net income of $5.9 million on net interest income of $25.5 million in the three months ended March 31, compared with net income of $4.7 million on net interest income of $23.8 million a year earlier.
