First Bancorp, Inc (ME) FNLC
- Market cap
- $385.9M
- P/E
- 10.1×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17.37 | 25.00 | 25.00 | 24.19 | 17.62 | 23.40 | 27.42 | 22.33 | 21.77 | 22.11 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 33.21 | 33.07 | 31.61 | 30.62 | 30.64 | 32.63 | 36.80 | 30.84 | 31.05 | 28.60 |
High Price
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| 235 | 235 | 239 | 245 | 255 | 269 | 279 | 275 | 284 | 283 |
Employees
|
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Revenue/Emp
|
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| 66 | 73 | 83 | 93 | 95 | 96 | 110 | 144 | 165 | 178 |
Revenue
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| 83.68% | 81.56% | 75.54% | 71.82% | 81.85% | 88.83% | 84.65% | 56.15% | 48.59% | 53.33% |
Gross Margin
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| 24 | 26 | 28 | 30 | 32 | 44 | 47 | 36 | 33 | 42 |
EBT
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| 36.92% | 35.70% | 33.49% | 32.59% | 33.86% | 45.52% | 43.11% | 24.86% | 19.73% | 23.61% |
EBT Margin
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| 18 | 20 | 24 | 26 | 27 | 36 | 39 | 30 | 27 | 34 |
Net Income
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| 4 | 5 | 4 | 3 | 5 | 5 | 3 | 3 | 4 | 4 |
Depreciation
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| 6.18 | 6.83 | 7.71 | 8.58 | 8.77 | 8.85 | 10.05 | 13.06 | 14.95 | 16.02 |
Revenue/Sh
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| 1.68 | 1.82 | 2.18 | 2.36 | 2.50 | 3.33 | 3.56 | 2.68 | 2.45 | 3.10 |
Earnings/Sh
|
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| 1.98 | 2.07 | 3.14 | 2.41 | 2.09 | 5.20 | 3.77 | 3.36 | 2.36 | 3.41 |
Cash Flow/Sh
|
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| (0.20) | (0.19) | (0.14) | (0.15) | (0.23) | (0.34) | (0.12) | (0.24) | (0.13) | (0.29) |
Capex/Sh
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| 1.78 | 1.88 | 3.00 | 2.26 | 1.86 | 4.86 | 3.65 | 3.12 | 2.22 | 3.12 |
Free CF/Sh
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| 16.10 | 16.87 | 17.76 | 19.65 | 20.60 | 22.53 | 20.94 | 22.10 | 22.85 | 25.53 |
Book Value/Sh
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| 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Shares
|
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| 19.11 | 14.98 | 12.06 | 12.81 | 10.16 | 9.43 | 8.32 | 10.55 | 11.12 | 8.50 |
PE Ratio
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| 5.19 | 3.97 | 3.41 | 3.52 | 2.90 | 3.55 | 2.95 | 2.17 | 1.83 | 1.65 |
PS Ratio
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| 1.99 | 1.61 | 1.48 | 1.54 | 1.23 | 1.39 | 1.41 | 1.28 | 1.20 | 1.04 |
PB Ratio
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| 6.74 | 5.27 | 3.82 | 3.35 | 2.61 | 3.22 | 2.71 | 2.10 | 2.10 | 2.01 |
EV/Sales
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| 23.43 | 19.11 | 9.81 | 12.72 | 12.29 | 5.86 | 7.47 | 8.80 | 14.14 | 10.31 |
EV/FCF
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| 21 | 22 | 34 | 26 | 23 | 57 | 41 | 37 | 26 | 38 |
Op' Cash Flow
|
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| (2) | (2) | (1) | (2) | (2) | (4) | (1) | (3) | (1) | (3) |
Capex
|
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| 19 | 20 | 32 | 24 | 20 | 53 | 40 | 34 | 25 | 35 |
FCF
|
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| (316) | (353) | (407) | (507) | (494) | (477) | (548) | (517) | (397) | (342) |
Working Cap'
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| 120 | 115 | 65 | 10 | 55 | 55 | 0 | — | 95 | 96 |
Total Debt
|
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| 102 | 95 | 34 | (16) | (27) | (32) | (26) | (35) | 45 | 64 |
Net Debt
|
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| 173 | 181 | 192 | 213 | 224 | 246 | 229 | 243 | 252 | 283 |
Sh' Equity
|
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| 1.10% | 1.10% | 1.24% | 1.27% | 1.22% | 1.48% | 1.48% | 1.04% | 0.89% | 1.09% |
ROA
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| 5.56% | 5.92% | 7.72% | 9.61% | 10.36% | 12.86% | 14.62% | 10.75% | 6.84% | 7.56% |
ROIC
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| 10.59% | 11.07% | 12.62% | 12.63% | 12.44% | 15.45% | 16.43% | 12.51% | 10.91% | 12.84% |
ROE
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First Bancorp, Inc (ME) peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| FRST Primis Financial Corp. | $386.6M | 7.3× | Compare |
| PCB PCB Bancorp | $386.8M | 9.6× | Compare |
| MVBF Mvb Financial Corp. | $388.6M | 9.9× | Compare |
| CZFS Citizens Financial Services Inc. | $394.4M | 9.4× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CHMG Chemung Financial Corp | $395.8M | 11.8× | Compare |
| PKBK Parke Bancorp, Inc. | $397.3M | 8.7× | Compare |
| ISTR Investar Holding Corporation | $405.0M | 16.7× | Compare |
| NWFL Norwood Financial Corp. | $367.0M | 11.6× | Compare |
First Bancorp, Inc (ME) (FNLC) key facts
- First Bancorp, Inc (ME) (FNLC) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- First Bancorp, Inc (ME)’s revenue for fiscal 2025 (year ended December 2025) was $177.6 million, up 7.52% from fiscal 2024.
- Net income was $34.4 million, or $3.10 per share (basic), a net margin of 19.4%.
- As of September 25, 2026, FNLC traded at $34.35, a market capitalization of $385.9 million.
- At that price the stock trades at 10.1× trailing-twelve-month earnings and 2.1× sales.
- First Bancorp, Inc (ME) pays an annual dividend of $1.40 per share, a yield of 5.84%, with a payout ratio of 54.6%.
- Return on equity was 12.8% and debt-to-equity 0.12.
First Bancorp, Inc (ME) (FNLC) Latest News
22 Jul
First Bancorp Inc (FNLC) reported strong net income growth during its Q2 2026 earnings call. Strong net income growth signals enhanced profitability that can positively influence stock performance.
22 Apr
First Bancorp, Inc. (FNLC) announced first quarter results, reporting key financial metrics including net income, earnings per share, loan growth, deposit increases, and asset quality improvements. First quarter earnings directly impact financial performance, investor sentiment, and stock price trajectory.
6 Feb
First Bancorp, Inc (ME) (FNLC) is highlighted as one of the hidden investment gems in the US market, showcasing its strong financial performance and growth potential. The article emphasizes the bank's solid fundamentals, including a robust balance sheet and consistent earnings growth, positioning it favorably against competitors. Analysts suggest that FNLC's strategic initiatives and community focus could lead to significant long-term value for investors, making it an attractive option for those seeking undervalued stocks in the financial sector. First Bancorp's strong fundamentals and strategic initiatives are likely to significantly impact its future performance and investor sentiment.
21 Jan
First Bancorp, Inc. (FNLC) reported its Q4 earnings, showcasing a solid financial performance with notable increases in net income and earnings per share compared to the previous year. The bank's total assets and deposits also saw significant growth, reflecting its strong market position. Management highlighted strategic initiatives aimed at enhancing operational efficiency and expanding customer services. The outlook for the upcoming quarters remains positive, driven by continued demand for banking services and prudent risk management practices. The reported earnings and growth in assets indicate a significant positive shift in the company's financial trajectory.
First Bancorp, Inc (ME) reported its financial results for the fourth quarter and the full year of 2025, highlighting key metrics such as net income, earnings per share, and asset growth. The bank demonstrated strong performance with increased loan and deposit levels, reflecting its solid market position. Management provided insights into strategic initiatives and future outlook, emphasizing continued focus on customer service and community engagement. Overall, the results indicate a positive trajectory for the bank amidst a competitive landscape. The reported financial results and strategic initiatives suggest significant potential for future growth and market positioning.
14 Jan
Insiders at First Bancorp, Inc (ME) have recently acquired significant amounts of stock, signaling confidence in the company's future. This trend of insider buying often indicates positive expectations regarding the company's performance and potential growth. Such actions may influence market sentiment and investor confidence moving forward. Insider buying typically reflects strong confidence in the company's future performance, which can significantly impact investor sentiment and market dynamics.
18 Dec
First Bancorp, Inc (ME) (FNLC) is highlighted as one of three stocks to watch closely due to its potential for growth and value in the current market. The article emphasizes the company's strong fundamentals and strategic positioning, suggesting it may be undervalued compared to its peers. Investors are encouraged to consider FNLC as a promising opportunity amidst broader market trends. The company's strong fundamentals and strategic positioning may moderately influence its financial performance and market sentiment.
First Bancorp, Inc. (NASDAQ:FNLC) is predominantly controlled by institutional shareholders, who collectively own 52% of the company. This significant ownership stake indicates a strong influence of institutional investors on the company's strategic decisions and governance. Institutional ownership can moderately influence company performance and market sentiment.
24 Oct
First Bancorp, Inc. (FNLC) reported a margin beat, indicating stronger-than-expected financial performance. However, the company faces challenges related to cautious growth narratives, which may impact its future trajectory. Analysts are closely monitoring these developments as they could influence investor sentiment and market positioning. The margin beat suggests positive financial performance, but cautious growth narratives may limit overall impact.
22 Oct
First Bancorp, Inc. (FNLC) reported its Q3 earnings, showcasing a solid financial performance with notable increases in net income and earnings per share compared to the previous year. The bank's total assets and deposits also saw significant growth, reflecting its strong market position. Management highlighted strategic initiatives aimed at enhancing operational efficiency and customer service, which are expected to drive future growth. Overall, the results indicate a positive trajectory for the company amidst a competitive banking landscape. The reported earnings and growth in assets suggest significant strategic moves that could alter the company's trajectory.
First Bancorp, Inc (ME) reported its third quarter results, highlighting a notable increase in net income and improved asset quality. The bank's earnings per share rose significantly compared to the previous year, driven by strong loan growth and effective cost management. Additionally, the company maintained a solid capital position and continued to focus on enhancing customer service and expanding its market presence. Overall, the results reflect a positive trajectory for the bank amidst a competitive financial landscape. The significant increase in net income and strong loan growth indicate a positive shift in financial performance that could influence investor sentiment and market positioning.
2 Oct
First Bancorp, Inc (ME) (FNLC) is highlighted as a hidden gem in the U.S. market, showcasing promising potential for growth. The article emphasizes the company's strong fundamentals, including solid financial performance and strategic positioning within the banking sector. Analysts suggest that FNLC's focus on community banking and its commitment to customer service could drive future success. The overall outlook for the company appears positive, making it an attractive option for investors seeking undervalued stocks with growth potential. First Bancorp's strong fundamentals and strategic positioning indicate significant potential for future growth and market performance.
3 Sep
First Bancorp, Inc (ME) (FNLC) is highlighted as a promising small-cap investment opportunity in the U.S. market. The article emphasizes the company's strong fundamentals, growth potential, and favorable market conditions that could enhance its performance. Investors are encouraged to consider FNLC as part of a diversified portfolio, given its undervalued status and potential for significant returns. Strong fundamentals and growth potential indicate a significant impact on future performance.
1 Aug
First Bancorp, Inc (ME) (FNLC) is highlighted as a potential investment opportunity in the US market, particularly in August 2025. The article emphasizes the company's strong fundamentals and growth prospects, suggesting that it may be undervalued compared to its peers. Analysts point to FNLC's solid financial performance and strategic initiatives that could enhance its market position. The overall sentiment is optimistic, indicating that FNLC could be a hidden gem worth considering for investors looking for promising stocks in the current market landscape. FNLC's strong fundamentals and growth prospects indicate a significant potential impact on its future performance.
26 Jul
First Bancorp (NASDAQ:FNLC) reported its Second Quarter 2025 results, showing revenue of US$22.1 million, an 18% increase from 2Q 2024, and net income of US$8.06 million, up 31% year-over-year. The profit margin rose to 37% from 33% in the previous year, attributed to higher revenue. Earnings per share (EPS) increased to US$0.73 from US$0.56 in 2Q 2024. Despite these positive results, First Bancorp shares have declined by 4.0% over the past week. A warning sign has been identified for potential investors. The significant increase in revenue and net income indicates a moderately noticeable influence on financial performance.
23 Jul
The First Bancorp (Nasdaq: FNLC) reported strong second quarter results for 2025, with net income of $8.1 million, a 30.7% increase from Q2 2024. The net interest margin expanded to 2.52%, the highest since Q1 2023, driven by increased net interest income and earning asset growth. Total assets reached $3.20 billion, and the efficiency ratio improved to 52.39%. The company declared a quarterly dividend of $0.37 per share, reflecting a one-cent increase from previous quarters. CEO Tony C. McKim highlighted the focus on restoring strong operating performance and favorable asset quality, with non-performing assets at 0.19% of total assets. Significant improvements in net income and net interest margin indicate a strong operational performance that could positively influence future growth and investor sentiment.
The First Bancorp Inc. (FNLC) reported a net income of $8.1 million for its second quarter, translating to earnings of 72 cents per share. The bank, located in Damariscotta, Massachusetts, generated revenue of $44 million during the period, with revenue net of interest expense reaching $22.5 million, surpassing analysts' expectations. The reported earnings and revenue exceeding forecasts indicate a moderately positive influence on financial performance.
3 Jul
First Bancorp, Inc. (NASDAQ:FNLC) will increase its dividend to $0.37 on July 18, a 2.8% rise from last year's $0.36, resulting in an annual yield of 5.5%. The company has a strong dividend history, with a payout ratio of 57%, indicating sustainability. EPS is expected to grow by 1.0% over the next year, potentially raising the payout ratio to 61%. Since 2015, the annual dividend has increased from $0.84 to $1.44, reflecting a 5.5% growth rate. However, flat EPS growth over the past five years may limit future dividend increases. Overall, First Bancorp is seen as an attractive income stock with solid earnings coverage for its dividends. The dividend increase and stable payout ratio indicate moderate influence on financial performance.
26 Jun
The First Bancorp (NASDAQ: FNLC) declared a quarterly cash dividend of 37 cents per share for the second quarter of 2025, payable on July 18, 2025, to shareholders of record as of July 8, 2025. This marks a one cent increase from the previous four quarters and the 11th consecutive year of raising the payout by at least one cent in the second quarter. The annualized dividend of $1.48 per share represents a yield of 5.99%, based on a closing price of $24.70 per share on June 25, 2025. The First Bancorp, headquartered in Damariscotta, Maine, operates First National Bank and offers a range of banking products and services. The dividend increase reflects the company's commitment to shareholder returns, which may positively influence market sentiment.
29 May
First Bancorp, Inc. (NASDAQ:FNLC) shareholders have seen a 19% decline in share price over the past three years, while the market has returned about 48%. During this period, the company's earnings per share (EPS) fell by 9.6% annually, indicating a worse performance than the share price decline. Despite this, there was some insider buying recently, and the total shareholder return (TSR) over three years was -5.2%, primarily due to dividends. In the past year, shareholders gained 9.3%, which is below the market average. A warning sign has been identified for the company, suggesting caution for potential investors. The decline in EPS and share price indicates challenges, but recent insider buying and a positive TSR suggest some stability.
2 May
Ingrid H. Kachmar, an Independent Director of First Bancorp, Inc. (NASDAQ:FNLC), purchased US$96k worth of stock at US$24.10 per share, increasing her shareholding by 357%. This purchase is the largest insider transaction in the past year, suggesting confidence in the company's future. Over the last twelve months, insiders bought 5.60k shares for US$135k while selling only 500 shares for US$15k, indicating a net positive sentiment. Insiders own about US$14m worth of shares, equating to 5.0% of the company, reflecting some alignment with smaller shareholders. However, there is one warning sign for potential investors to consider. Insider purchases indicate confidence in the company's future, but the overall impact is expected to be limited.
26 Apr
First Bancorp (NASDAQ:FNLC) reported its First Quarter 2025 results, showing revenue of US$21.4 million, an increase of 13% from 1Q 2024, and net income of US$7.08 million, up 18% year-over-year. The profit margin rose to 33%, up from 32% in the previous year. Earnings per share (EPS) increased to US$0.64 from US$0.55 in 1Q 2024. First Bancorp shares have risen 2.5% over the past week, although there is one warning sign to consider regarding risks. The financial performance improvements indicate a moderately noticeable influence on the company's trajectory.
23 Apr
First Bancorp, Inc. reported Q1 2025 net income of $7.1 million, a 17.5% increase from Q1 2024, with diluted EPS rising 17.0%. The net interest margin improved to 2.48%, and total assets reached $3.19 billion. Loan balances grew at an annualized rate of 7.3%, while non-performing assets remained low at 0.19%. The efficiency ratio improved to 56.9%. The company declared a quarterly dividend of $0.36 per share. CEO Tony C. McKim highlighted progress in restoring earnings and maintaining strong asset quality and capital positions. Significant improvements in net income, interest margin, and asset quality indicate a strong trajectory for future performance.
First Bancorp Inc. (FNLC) reported a net income of $7.1 million for the first quarter, translating to earnings of 63 cents per share. The Damariscotta, Maine-based bank's revenue reached $42.7 million, with net revenue after interest expense at $21.8 million, surpassing market expectations. The earnings report indicates solid financial performance, which may positively influence investor sentiment and market positioning.
3 Apr
First Bancorp, Inc (ME) (FNLC) is highlighted as a top dividend stock to consider in April 2025, reflecting its strong financial performance and commitment to returning value to shareholders through consistent dividend payments. The company has demonstrated resilience and stability, making it an attractive option for income-focused investors. The recognition as a top dividend stock suggests a moderately noticeable influence on investor sentiment and financial performance.
27 Mar
The First Bancorp (NASDAQ: FNLC) declared a quarterly cash dividend of 36 cents per share for the first quarter of 2025, payable on April 18, 2025, to shareholders of record as of April 8, 2025. President & CEO Tony C. McKim emphasized the importance of the dividend to shareholder value, noting an annualized dividend of $1.44 per share, which represents a yield of 5.77% based on a closing price of $24.95 per share on March 26, 2025. The First Bancorp, based in Damariscotta, Maine, operates First National Bank and offers a range of banking products and services across several counties in Maine. The dividend declaration may positively influence investor sentiment and financial performance, but its overall impact is expected to be limited.
10 Mar
First Bancorp, Inc (ME) reported its full-year earnings for 2024, with earnings per share (EPS) at US$2.45, a decrease from US$2.68 in FY 2023. The decline in EPS indicates potential challenges in maintaining profitability compared to the previous year. The decrease in EPS suggests moderate financial challenges that could influence investor sentiment and performance.
5 Mar
First Bancorp, Inc (ME) (FNLC) is highlighted among three dividend stocks offering attractive yields, with FNLC providing a yield of up to 9.9%. This positions the company as an appealing option for income-focused investors seeking high dividend returns in the current market environment. The high dividend yield may attract income-focused investors, influencing market sentiment and FNLC's financial performance.
4 Feb
First Bancorp, Inc (ME) (FNLC) is highlighted as one of three US dividend stocks offering attractive yields, with FNLC providing a yield of up to 5.6%. The article emphasizes the company's strong financial performance and commitment to returning value to shareholders through dividends, making it an appealing option for income-focused investors. The highlighted dividend yield may attract income-focused investors, influencing market sentiment and FNLC's stock performance.
24 Jan
First Bancorp, Inc (ME) reported its full-year earnings for 2024, revealing an earnings per share (EPS) of US$2.45, a decline from US$2.68 in fiscal year 2023. This decrease indicates a potential shift in the company's financial performance year-over-year. The decline in EPS suggests a moderately noticeable influence on financial performance, impacting investor sentiment and future expectations.