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Financial Services - Banks - Regional - NASDAQ - US
$ 28.74
-1.34 %
$ 321 M
Market Cap
11.93
P/E
1. INTRINSIC VALUE

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment.[ Read More ]

The intrinsic value of one FNLC stock under the base case scenario is HIDDEN Compared to the current market price of 28.7 USD, The First Bancorp, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FNLC

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FINANCIALS
80.6 M REVENUE
-13.32%
47.6 M OPERATING INCOME
-28.03%
29.5 M NET INCOME
-24.29%
36.6 M OPERATING CASH FLOW
-11.31%
-200 M INVESTING CASH FLOW
19.30%
172 M FINANCING CASH FLOW
-17.44%
42.4 M REVENUE
4.16%
821 M OPERATING INCOME
10113.98%
-38.3 M NET INCOME
-621.13%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
100.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition The First Bancorp, Inc.
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Current Assets 31.9 M
Cash & Short-Term Investments 31.9 M
Receivables 0
Other Current Assets 0
Non-Current Assets 3.56 B
Long-Term Investments 667 M
PP&E 28.7 M
Other Non-Current Assets 2.86 B
Current Liabilities -49.7 M
Accounts Payable 0
Short-Term Debt 20.1 M
Other Current Liabilities -69.7 M
Non-Current Liabilities 2.7 B
Long-Term Debt 0
Other Non-Current Liabilities 2.7 B
EFFICIENCY
Earnings Waterfall The First Bancorp, Inc.
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Revenue 80.6 M
Cost Of Revenue 0
Gross Profit 80.6 M
Operating Expenses 80.6 M
Operating Income 47.6 M
Other Expenses 18.1 M
Net Income 29.5 M
RATIOS
100.00% GROSS MARGIN
100.00%
59.05% OPERATING MARGIN
59.05%
36.60% NET MARGIN
36.60%
12.14% ROE
12.14%
1.00% ROA
1.00%
14.91% ROIC
14.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The First Bancorp, Inc.
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Net Income 29.5 M
Depreciation & Amortization 2.13 M
Capital Expenditures -2.64 M
Stock-Based Compensation 820 K
Change in Working Capital 3.94 M
Others 5.81 M
Free Cash Flow 33.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The First Bancorp, Inc.
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FNLC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.33% DIVIDEND YIELD
0.36 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The First Bancorp, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
14.5 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
28.4 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Jul 26, 2024
Sell 14.5 K USD
NORTON SUSAN A
EVP, CAO
- 500
29.03 USD
7 months ago
Apr 18, 2024
Bought 8.47 K USD
Swan Kimberly
Director
+ 375
22.585 USD
7 months ago
Apr 18, 2024
Bought 14.9 K USD
Swan Kimberly
Director
+ 675
22.01 USD
7 months ago
Apr 18, 2024
Bought 5.12 K USD
Swan Kimberly
Director
+ 225
22.7499 USD
1 year ago
May 08, 2023
Bought 23.6 K USD
SMITH STUART G
Director
+ 1000
23.61 USD
1 year ago
May 04, 2023
Bought 24.6 K USD
SMITH STUART G
Director
+ 1000
24.61 USD
1 year ago
May 05, 2023
Bought 24 K USD
GREGORY ROBERT B
Director
+ 1000
24 USD
1 year ago
May 01, 2023
Bought 739 USD
Tolman Sarah
EVP/CBO
+ 30
24.62 USD
1 year ago
Apr 21, 2023
Bought 49.1 K USD
Swan Kimberly
Director
+ 1958
25.081 USD
2 years ago
Nov 02, 2022
Sell 31 K USD
NORTON SUSAN A
EVP, Chief Admin Officer
- 1000
30.96 USD
2 years ago
Oct 24, 2022
Bought 29.5 K USD
Swan Kimberly
Director
+ 1000
29.456 USD
2 years ago
Dec 23, 2021
Bought 28.6 K USD
Swan Kimberly
Director
+ 938
30.5 USD
2 years ago
Dec 23, 2021
Bought 23.9 K USD
Swan Kimberly
Director
+ 790
30.25 USD
2 years ago
Dec 22, 2021
Bought 15 K USD
Swan Kimberly
Director
+ 500
29.95 USD
2 years ago
Dec 22, 2021
Bought 15 K USD
Swan Kimberly
Director
+ 500
29.94 USD
2 years ago
Dec 22, 2021
Bought 68.3 K USD
Swan Kimberly
Director
+ 2272
30.06 USD
3 years ago
Jul 26, 2021
Bought 10.2 K USD
Swan Kimberly
Director
+ 350
29.18 USD
4 years ago
Jun 03, 2020
Sell 12.9 K USD
Wootton Charles A
Clerk, EVP - Sr Loan Officer
- 654.025
19.72 USD
4 years ago
May 20, 2020
Bought 39.2 K USD
McKim Tony C
President & CEO
+ 2000
19.59 USD
4 years ago
May 13, 2020
Bought 4.63 K USD
Plummer Tammy L
EVP, Chief Information Officer
+ 250
18.53 USD
4 years ago
May 13, 2020
Bought 56.9 K USD
Parady Steven
EVP, Chief Fiduciary Officer
+ 3000
18.9774 USD
4 years ago
May 07, 2020
Bought 19.9 K USD
Rosborough Mark N
Director
+ 1000
19.87 USD
4 years ago
May 06, 2020
Bought 9.88 K USD
SMITH STUART G
Director
+ 500
19.76 USD
4 years ago
May 05, 2020
Bought 19.8 K USD
SMITH STUART G
Director
+ 1000
19.76 USD
4 years ago
Mar 10, 2020
Bought 2.84 K USD
Parady Steven
EVP, Chief Fiduciary Officer
+ 120
23.64 USD
4 years ago
Feb 28, 2020
Bought 80.5 K USD
Rosborough Mark N
Director
+ 3000
26.844 USD
4 years ago
Dec 12, 2019
Sell 14.5 K USD
SMITH STUART G
Director
- 500
28.91 USD
5 years ago
Nov 15, 2019
Sell 69.3 K USD
McKim Tony C
President & CEO
- 2441
28.4 USD
5 years ago
Nov 19, 2019
Sell 134 K USD
McKim Tony C
President & CEO
- 4775
28.1512 USD
5 years ago
Aug 06, 2019
Bought 4.97 K USD
Parady Steven
EVP, Chief Fiduciary Officer
+ 200
24.85 USD
5 years ago
Jun 20, 2019
Sell 101 USD
Parady Steven
EVP, Chief Fiduciary Officer
- 4
25.25 USD
5 years ago
Jul 30, 2019
Sell 27.4 K USD
Wootton Charles A
Clerk, EVP - Sr Loan Officer
- 1052.676
26.0388 USD
5 years ago
May 13, 2019
Sell 43.6 K USD
BOYD KATHERINE M
Director
- 1697
25.718 USD
5 years ago
Jan 24, 2019
Sell 33.5 K USD
Wootton Charles A
Clerk, EVP - Sr Loan Officer
- 1501.688
22.2939 USD
5 years ago
Jan 24, 2019
Sell 38.6 K USD
Wootton Charles A
Clerk, EVP - Sr Loan Officer
- 1516.28
25.46 USD
6 years ago
Nov 19, 2018
Bought 9.21 K USD
Rosborough Mark N
Director
+ 341
27 USD
6 years ago
Aug 02, 2018
Sell 90.9 K USD
NORTON SUSAN A
EVP - Chief Administrative Off
- 3000
30.2892 USD
6 years ago
Jul 27, 2018
Sell 22.4 K USD
Parady Steven
EVP, Chief Fiduciary Officer
- 735
30.5 USD
6 years ago
Jul 27, 2018
Sell 3.04 K USD
Parady Steven
EVP, Chief Fiduciary Officer
- 100
30.45 USD
6 years ago
Jul 27, 2018
Sell 5.02 K USD
Parady Steven
EVP, Chief Fiduciary Officer
- 165
30.4 USD
6 years ago
Jan 19, 2018
Bought 22.9 K USD
Rosborough Mark N
Director
+ 818
28 USD
6 years ago
Jan 19, 2018
Bought 6.94 K USD
Rosborough Mark N
Director
+ 248
28 USD
7 years ago
Oct 19, 2017
Sell 29 K USD
TINDAL BRUCE B
Director
- 950
30.5 USD
7 years ago
Oct 19, 2017
Sell 3.06 K USD
TINDAL BRUCE B
Director
- 100
30.55 USD
7 years ago
Oct 19, 2017
Sell 6.18 K USD
TINDAL BRUCE B
Director
- 202
30.58 USD
7 years ago
Oct 19, 2017
Sell 19.7 K USD
TINDAL BRUCE B
Director
- 645
30.59 USD
7 years ago
Oct 19, 2017
Sell 23 K USD
TINDAL BRUCE B
Director
- 753
30.6 USD
7 years ago
Oct 19, 2017
Sell 6.12 K USD
TINDAL BRUCE B
Director
- 200
30.61 USD
7 years ago
Oct 19, 2017
Sell 5.51 K USD
TINDAL BRUCE B
Director
- 180
30.62 USD
7 years ago
Oct 19, 2017
Sell 3.68 K USD
TINDAL BRUCE B
Director
- 120
30.63 USD
7 years ago
Oct 19, 2017
Sell 6.13 K USD
TINDAL BRUCE B
Director
- 200
30.67 USD
7 years ago
Oct 19, 2017
Sell 3.07 K USD
TINDAL BRUCE B
Director
- 100
30.71 USD
7 years ago
Oct 20, 2017
Sell 12.2 K USD
TINDAL BRUCE B
Director
- 400
30.5 USD
7 years ago
Oct 23, 2017
Sell 4.58 K USD
TINDAL BRUCE B
Director
- 150
30.5 USD
7 years ago
Jul 31, 2017
Bought 34 K USD
Parady Steven
EVP, Chief Fiduciary Officer
+ 1260
26.99 USD
7 years ago
Jun 02, 2017
Sell 39 K USD
Parady Steven
EVP, Chief Fiduciary Officer
- 1500
26 USD
7 years ago
May 24, 2017
Bought 8.85 K USD
Rosborough Mark N
Director
+ 354
25 USD
7 years ago
May 24, 2017
Bought 5 K USD
Rosborough Mark N
Director
+ 200
25 USD
8 years ago
Nov 07, 2016
Sell 47.8 K USD
SOULE DAVID B JR
Director
- 2000
23.9103 USD
8 years ago
Oct 25, 2016
Sell 24 K USD
Parady Steven
EVP, Chief Fiduciary Officer
- 1000
24 USD
8 years ago
Aug 29, 2016
Sell 37.7 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 1700
22.15 USD
8 years ago
Aug 05, 2016
Bought 10.9 K USD
SMITH STUART G
Director
+ 500
21.84 USD
8 years ago
May 24, 2016
Sell 6.1 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 300
20.35 USD
8 years ago
May 24, 2016
Sell 32.3 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 1589
20.34 USD
8 years ago
May 24, 2016
Sell 12.1 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 600
20.12 USD
8 years ago
May 24, 2016
Sell 4.27 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 211
20.25 USD
8 years ago
May 24, 2016
Sell 2.02 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 100
20.24 USD
8 years ago
May 24, 2016
Sell 2.02 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 100
20.23 USD
8 years ago
May 24, 2016
Sell 2.02 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 100
20.22 USD
9 years ago
Aug 27, 2015
Sell 42.3 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 2300
18.4 USD
9 years ago
Jun 10, 2015
Sell 13.4 K USD
SOULE DAVID B JR
Director
- 750
17.872 USD
9 years ago
Jun 05, 2015
Sell 20.9 K USD
Parady Steven
Chief Fiduciary Officer
- 1200
17.42 USD
9 years ago
May 29, 2015
Sell 6.73 K USD
Poulin Steven H
SVP - Senior Credit Officer
- 390
17.25 USD
9 years ago
May 08, 2015
Bought 16.6 K USD
BOYD KATHERINE M
Director
+ 1000
16.6 USD
9 years ago
Feb 26, 2015
Sell 150 USD
Parady Steven
Chief Fiduciary Officer
- 9
16.65 USD
9 years ago
Feb 27, 2015
Sell 66.5 K USD
Parady Steven
Chief Fiduciary Officer
- 3991
16.65 USD
9 years ago
Feb 26, 2015
Bought 10.9 K USD
BOYD KATHERINE M
Director
+ 660
16.55 USD
9 years ago
Feb 06, 2015
Sell 11.1 K USD
SMITH STUART G
Director
- 651
17.05 USD
9 years ago
Feb 09, 2015
Sell 32.5 K USD
SMITH STUART G
Director
- 1903
17.1 USD
9 years ago
Feb 09, 2015
Sell 1.67 K USD
SMITH STUART G
Director
- 97
17.2 USD
9 years ago
Feb 09, 2015
Sell 5.95 K USD
SMITH STUART G
Director
- 349
17.05 USD
9 years ago
Feb 03, 2015
Sell 895 USD
SMITH STUART G
Director
- 52
17.21 USD
9 years ago
Feb 03, 2015
Sell 18.4 K USD
SMITH STUART G
Director
- 1071
17.2 USD
9 years ago
Feb 03, 2015
Sell 5.61 K USD
SMITH STUART G
Director
- 325
17.25 USD
9 years ago
Feb 03, 2015
Sell 6.49 K USD
SMITH STUART G
Director
- 377
17.22 USD
9 years ago
Feb 03, 2015
Sell 3.02 K USD
SMITH STUART G
Director
- 175
17.26 USD
9 years ago
Feb 03, 2015
Sell 68.1 K USD
SMITH STUART G
Director
- 4000
17.03 USD
9 years ago
Feb 03, 2015
Sell 36 K USD
SMITH STUART G
Director
- 2126
16.95 USD
9 years ago
Feb 02, 2015
Sell 33.8 K USD
SMITH STUART G
Director
- 2000
16.9 USD
10 years ago
Oct 31, 2014
Sell 1.79 K USD
DAIGNEAULT DANIEL R
President & CEO
- 100
17.89 USD
10 years ago
Oct 31, 2014
Sell 3.55 K USD
DAIGNEAULT DANIEL R
President & CEO
- 200
17.74 USD
10 years ago
Oct 31, 2014
Sell 3.54 K USD
DAIGNEAULT DANIEL R
President & CEO
- 200
17.7 USD
10 years ago
Oct 31, 2014
Sell 31.8 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1800
17.65 USD
10 years ago
Oct 31, 2014
Sell 22.7 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1285
17.66 USD
10 years ago
Oct 31, 2014
Sell 17.9 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1015
17.68 USD
10 years ago
Oct 31, 2014
Sell 3.53 K USD
DAIGNEAULT DANIEL R
President & CEO
- 200
17.67 USD
10 years ago
Oct 31, 2014
Sell 1.77 K USD
DAIGNEAULT DANIEL R
President & CEO
- 100
17.695 USD
10 years ago
Oct 31, 2014
Sell 1.77 K USD
DAIGNEAULT DANIEL R
President & CEO
- 100
17.685 USD
10 years ago
Sep 11, 2014
Sell 6.41 USD
DAIGNEAULT DANIEL R
President & CEO
- 0.3788
16.91 USD
10 years ago
Aug 11, 2014
Sell 14.8 K USD
DAIGNEAULT DANIEL R
President & CEO
- 896
16.5 USD
10 years ago
Aug 07, 2014
Sell 6.62 K USD
DAIGNEAULT DANIEL R
President & CEO
- 400
16.54 USD
10 years ago
Aug 08, 2014
Sell 28.1 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1704
16.5 USD
10 years ago
Jul 28, 2014
Sell 644 USD
DAIGNEAULT DANIEL R
President & CEO
- 39
16.5 USD
10 years ago
Jul 29, 2014
Sell 2.21 K USD
DAIGNEAULT DANIEL R
President & CEO
- 134
16.5 USD
10 years ago
Jul 30, 2014
Sell 79.6 K USD
DAIGNEAULT DANIEL R
President & CEO
- 4827
16.5 USD
10 years ago
Feb 21, 2014
Bought 1.64 K USD
SOULE DAVID B JR
Director
+ 100
16.406 USD
10 years ago
Feb 21, 2014
Bought 6.57 K USD
SOULE DAVID B JR
Director
+ 400
16.42 USD
10 years ago
Feb 21, 2014
Bought 19.8 K USD
SOULE DAVID B JR
Director
+ 1200
16.4837 USD
10 years ago
Feb 21, 2014
Bought 1.64 K USD
SOULE DAVID B JR
Director
+ 100
16.41 USD
10 years ago
Feb 21, 2014
Bought 1.73 K USD
SOULE DAVID B JR
Director
+ 105
16.43 USD
10 years ago
Feb 21, 2014
Bought 1.57 K USD
SOULE DAVID B JR
Director
+ 95
16.48 USD
10 years ago
Feb 10, 2014
Bought 9.99 K USD
BOYD KATHERINE M
Director
+ 625
15.989 USD
11 years ago
Nov 20, 2013
Sell 38.8 K USD
DAIGNEAULT DANIEL R
President & CEO
- 2300
16.8553 USD
11 years ago
Nov 20, 2013
Sell 3.95 K USD
DAIGNEAULT DANIEL R
President & CEO
- 234
16.8766 USD
10 years ago
Nov 21, 2013
Sell 71.5 K USD
DAIGNEAULT DANIEL R
President & CEO
- 4238
16.867 USD
11 years ago
Nov 12, 2013
Sell 10.1 K USD
DAIGNEAULT DANIEL R
President & CEO
- 600
16.8617 USD
11 years ago
Nov 13, 2013
Sell 33.5 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1986
16.8656 USD
11 years ago
Nov 13, 2013
Sell 33.5 K USD
DAIGNEAULT DANIEL R
President & CEO
- 1986
16.8656 USD
11 years ago
Nov 11, 2013
Sell 1.97 K USD
DAIGNEAULT DANIEL R
President & CEO
- 114
17.25 USD
11 years ago
Oct 30, 2013
Sell 5.67 K USD
DAIGNEAULT DANIEL R
President & CEO
- 323
17.5505 USD
11 years ago
Oct 31, 2013
Sell 3.59 K USD
DAIGNEAULT DANIEL R
President & CEO
- 205
17.5012 USD
12 years ago
Nov 08, 2012
Bought 14.9 K USD
SOULE DAVID B JR
Director
+ 1000
14.8983 USD
12 years ago
May 02, 2012
Sell 21.8 K USD
ELDER RICHARD M
SVP - Retail Services
- 1500
14.5 USD
12 years ago
Feb 23, 2012
Sell 15.3 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 1000
15.2517 USD
13 years ago
Jul 25, 2011
Sell 45 USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 3
15 USD
13 years ago
Jul 26, 2011
Sell 1.5 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 101
14.9 USD
13 years ago
Jul 27, 2011
Sell 28.1 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 1896
14.8146 USD
13 years ago
Apr 25, 2011
Bought 21.3 K USD
SOULE DAVID B JR
Director
+ 1500
14.2 USD
13 years ago
Feb 25, 2011
Sell 11.8 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 788
15 USD
13 years ago
Feb 28, 2011
Sell 3.18 K USD
WARD F STEPHEN
Treasurer, EVP - CFO
- 212
15.02 USD
7. News
The First Bancorp Declares Third Quarter Dividend DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This third quarter dividend is payable October 18, 2024 to shareholders of record as of October 8, 2024. "I'm pleased to announce a dividend of 36 cents per share for the third quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value. businesswire.com - 1 month ago
4 Upcoming Dividend Increases Including A King Four dividend increases this week, including Universal Corporation, with a 1.25% increase, extending its 53-year dividend growth streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. I share data on companies with consistent dividend growth history merged with other metrics to find valuable investment ideas. seekingalpha.com - 4 months ago
The First Bancorp Announces First Quarter Results DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudited net income for the period was $6.0 million as compared to net income of $8.0 million for the quarter ended March 31, 2023, and net income of $6.7 million for the prior quarter ended December 31, 2023. Diluted earnings per share were $0.54, $0.72 and $0.60 for those same periods, respectively. CEO COM. businesswire.com - 7 months ago
The First Bancorp Declares First Quarter Dividend DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This first quarter dividend is payable April 19, 2024 to shareholders of record as of April 9, 2024. "I'm pleased to announce a first quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value we offer our. businesswire.com - 7 months ago
7 Wise Stock Picks for the Risk-Averse Investor The allure of risk-averse stocks remains as pronounced as ever, given the current headwinds facing the stock market. This volatile environment and economic indicators clouded by uncertainty pave the way for an investment strategy rooted in caution yet poised for growth. investorplace.com - 8 months ago
The First Bancorp Reports Results for 2023 DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2023. Unaudited net income was $29.5 million, a decrease of 24.3% from the $39.0 million reported for the year ended December 31, 2022. Earnings per common share on a fully diluted basis were down $0.87 to $2.66 per share, a decrease of 24.6% from the prior year. The Company also announced operating results for the three. businesswire.com - 9 months ago
The First Bancorp Declares Fourth Quarter Dividend DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This fourth quarter dividend is payable January 19, 2024 to shareholders of record as of January 8, 2024. "I'm pleased to announce a fourth quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important part of the value we. businesswire.com - 10 months ago
The First Bancorp Announces Third Quarter Earnings DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2023. Unaudited net income for the period was $7.5 million representing an increase of 1.1% from the second quarter of 2023. Diluted earnings per share were $0.67, level with the prior quarter. The Company also reported results for the nine months ended September 30, 2023. Net income year-to-date in 2023 was $22. businesswire.com - 1 year ago
Dividend Champion, Contender, And Challenger Highlights: Week Of October 15 A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. seekingalpha.com - 1 year ago
The First Bancorp Declares Third Quarter Dividend DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This third quarter dividend is payable October 20, 2023 to shareholders of record as of October 10, 2023. "I'm pleased to announce a third quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend is an important part of the value we offer our shar. businesswire.com - 1 year ago
The First Bancorp: A Great Regional Bank Opportunity The First Bancorp is the parent company of First National Bank, which serves Maine through its 18 branches. The bank's steady growth and healthy financial position make it a promising investment opportunity. I believe FNLC presents a highly attractive way to benefit from the broader recovery in regional bank stocks. seekingalpha.com - 1 year ago
The First Bancorp Announces Second Quarter Earnings DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2023. Unaudited net income for the period was $7.4 million representing diluted earnings per share of $0.67. The Company also reported results for the six months ended June 30, 2023. Net income year-to-date in 2023 was $15.4 million, with diluted earnings per share of $1.39. Compared to prior periods, earnings for th. businesswire.com - 1 year ago
8. Profile Summary

The First Bancorp, Inc. FNLC

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 321 M
Dividend Yield 0.33%
Description The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loans, which include revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as payment processing services. It operates through 18 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.
Contact 223 Main Street, Damariscotta, ME, 04543 https://www.thefirst.com
IPO Date July 14, 1999
Employees 271
Officers Mr. Tony C. McKim President, Chief Executive Officer & Director Ms. Susan A. Norton Executive Vice President & Clerk Mr. Richard M. Elder Executive Vice President, Chief Financial Officer & Treasurer