IPO Journey
First Carolina Financial Services, Inc.
IPO Date: June 18, 2026 · 4 filings tracked
Final Offer Terms
Ticker
FCBM
Exchange
New York Stock Exchange
Offer Price
$12.50
Shares Offered
5,500,000
Estimated Proceeds
$68.8M
Underwriters
Led by Keefe, Bruyette & Woods, Raymond James
Hovde Group, LLC
Filing Timeline
1
S-1
May 22, 2026
- Hybrid business model combining traditional commercial banking with high-scale fintech payments.
- Dominant market position in higher education, serving as the financial backbone for over 750 college campuses.
2
S-1/A
June 8, 2026
- Dual-engine growth model combining traditional commercial banking with a high-tech payment platform.
- Dominant market position in higher education, processing $13.5 billion annually across 750+ campuses.
Changes from previous filing
- ▸ Expected offer range: $14.0 – $16.0 per share
- ▸ Shares offered: 5,500,000
- ▸ Estimated proceeds: $77M
3
S-1/A
June 12, 2026
- Unique 'BankMobile' platform serving over 750 college campuses
- High-volume operation processing $13.5 billion in annual payments
424B4
Final Pricing
June 18, 2026
- Dual-engine growth strategy combining traditional commercial banking with a high-scale digital payments platform.
- Access to a massive, low-cost deposit base through the BMT platform, serving over 3.2 million student refund recipients.
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $12.5 per share
- ▸ Estimated proceeds: $68M
- ▸ Underwriters: Keefe, Bruyette & Woods, Raymond James, Hovde Group, LLC
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.