Saturday 17 October 2026 Export FNLC’s income statement to Excel — free account

First Bancorp, Inc (ME)

First Bancorp, Inc (ME)’s revenue for fiscal 2025 (year ended December 2025) was $177.6 million, up 7.52% from fiscal 2024. In the quarter to June 2026, revenue grew 1.24%, EPS grew 17.8%, free cash flow fell 281.4% and total debt fell 62.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

34.37 0.57 +1.69%

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Market cap: $381.4M
P/E: 10.1×
Fwd P/E: 10.2×
Dividend yield: 4.36%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.04

Total sells 0.18

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	1	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	1	—	—	—

Insider Ownership 11.60%

Capital & Financial Ratios $m

Market Cap 381.35

Revenue 179.04

Net Income 37.81

Free Cash Flow 35.60

Net Debt 3.03

Current Ratio 0.86

Debt/Equity 0.12

P/E ratio 10.08

Fwd P/E 10.20

P/S ratio 2.13

P/B ratio 1.30

Past 5Y EPS Growth 4.36%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (22.55%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 46.55%

10-year low 10-year high

P/S against its own 10 years 27.09%

10-year low 10-year high

P/B against its own 10 years 45.26%

10-year low 10-year high

Dividends

Payout Ratio 0.45

Annual Dividend Rate 1.50

Annual Dividend Yield 4.36%

	total	individual payouts
2026	1.50	0.37 0.37 0.38 0.38
2025	1.46	0.36 0.36 0.37 0.37
2024	1.42	0.35 0.35 0.36 0.36
2023	1.38	0.34 0.34 0.35 0.35
2022	1.32	0.32 0.32 0.34 0.34
2021	1.26	0.31 0.31 0.32 0.32
2020	1.22	0.30 0.30 0.31 0.31
2019	1.18	0.29 0.29 0.30 0.30
2018	1.06	0.24 0.24 0.29 0.29
2017	0.71	0.12 0.23 0.24 0.24
2016	0.90	0.22 0.22 0.23 0.23

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	35	50	32	32
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	2,153	2,380	2,415	2,452

	2023	2024	2025	Q'26
Payables	2,600	2,725	2,665	2,680
ST’ Debt	—	—	—	—
Other	—	—	—	—
	2,669	2,777	2,757	2,858

Compound Annual Growth %

	10y	5y	3y
Sales	10.91%	13.27%	17.35%
Cash Flow	6.19%	10.75%	(2.83%)
Earnings	7.82%	4.86%	(4.09%)
Book Value	5.39%	4.82%	7.34%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	44	45	—	—	—
’25	43	44	45	45	178
’24	39	41	42	43	165
’23	32	35	37	39	144
’22	25	26	29	31	110
’21	24	23	24	25	96
’20	25	23	23	24	95

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	23	(13)	—	—	—
’25	2	7	13	15	38
’24	(1)	6	10	11	26
’23	5	11	10	11	37
’22	8	11	13	9	41
’21	19	13	13	11	57
’20	3	2	16	2	23

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	22	(13)	—	—	—
’25	1	7	13	14	35
’24	(2)	6	10	10	25
’23	5	11	9	10	34
’22	7	11	13	9	40
’21	16	13	13	11	53
’20	2	2	9	7	20

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.80	0.85	—	—	—
’25	0.63	0.72	0.81	0.91	3.07
’24	0.54	0.55	0.68	0.65	2.43
’23	0.72	0.67	0.67	0.60	2.66
’22	0.88	0.91	0.91	0.83	3.53
’21	0.81	0.80	0.82	0.87	3.30
’20	0.60	0.60	0.65	0.64	2.48

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	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
	High	33.21	33.07	31.61	30.62	30.64	32.63	36.80	30.84	31.05	28.60
People
People	Employees	235	235	239	245	255	269	279	275	284	283
	Revenue/emp, $m	0.28	0.31	0.35	0.38	0.37	0.36	0.39	0.52	0.58	0.63
Income, $m
Income, $m	Revenue	66	73	83	93	95	96	110	144	165	178
	Gross margin, %	83.68	81.56	75.54	71.82	81.85	88.83	84.65	56.15	48.59	53.33
	EBT	24	26	28	30	32	44	47	36	33	42
	EBT margin, %	36.92	35.70	33.49	32.59	33.86	45.52	43.11	24.86	19.73	23.61
	Net income	18	20	24	26	27	36	39	30	27	34
	Depreciation	4	5	4	3	5	5	3	3	4	4
Per share, $
Per share, $	Revenue	6.18	6.83	7.71	8.58	8.77	8.85	10.05	13.06	14.95	16.02
	Earnings	1.68	1.82	2.18	2.36	2.50	3.33	3.56	2.68	2.45	3.10
	Cash flow	1.98	2.07	3.14	2.41	2.09	5.20	3.77	3.36	2.36	3.41
	Capex	(0.20)	(0.19)	(0.14)	(0.15)	(0.23)	(0.34)	(0.12)	(0.24)	(0.13)	(0.29)
	Free cash flow	1.78	1.88	3.00	2.26	1.86	4.86	3.65	3.12	2.22	3.12
	Book value	16.10	16.87	17.76	19.65	20.60	22.53	20.94	22.10	22.85	25.53
	Shares, m	11	11	11	11	11	11	11	11	11	11
Valuation, ×
Valuation, ×	P/E	19.11	14.98	12.06	12.81	10.16	9.43	8.32	10.55	11.12	8.50
	P/S	5.19	3.97	3.41	3.52	2.90	3.55	2.95	2.17	1.83	1.65
	P/B	1.99	1.61	1.48	1.54	1.23	1.39	1.41	1.28	1.20	1.04
	EV/Sales	6.74	5.27	3.82	3.35	2.61	3.22	2.71	2.10	2.10	2.01
	EV/FCF	23.43	19.11	9.81	12.72	12.29	5.86	7.47	8.80	14.14	10.31
Cash, $m
Cash, $m	Operating cash flow	21	22	34	26	23	57	41	37	26	38
	Capex	(2)	(2)	(1)	(2)	(2)	(4)	(1)	(3)	(1)	(3)
	Free cash flow	19	20	32	24	20	53	40	34	25	35
Balance, $m
Balance, $m	Working capital	(316)	(353)	(407)	(507)	(494)	(477)	(548)	(517)	(397)	(342)
	Total debt	120	115	65	10	55	55	0	—	95	96
	Net debt	102	95	34	(16)	(27)	(32)	(26)	(35)	45	64
	Shareholders’ equity	173	181	192	213	224	246	229	243	252	283
Returns, %
Returns, %	ROA	1.10	1.10	1.24	1.27	1.22	1.48	1.48	1.04	0.89	1.09
	ROIC	5.56	5.92	7.72	9.61	10.36	12.86	14.62	10.75	6.84	7.56
	ROE	10.59	11.07	12.62	12.63	12.44	15.45	16.43	12.51	10.91	12.84

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ISTR Investar Holding Corporation	$395.3M	16.4×	10.1×	+48.21% (above 0%: growing)	+39.13% (above 0%: growing)	+108.35% (above 0%: growing)	64.92%	0.00%	Compare
PCB PCB Bancorp	$390.4M	9.6×	8.7×	+1.21% (above 0%: growing)	+15.87% (above 0%: growing)	−67.53% (below 0%: shrinking)	57.65%	0.00%	Compare
CHMG Chemung Financial Corp	$383.8M	11.6×	9.9×	+85.38% (above 0%: growing)	n/m	−18.05% (below 0%: shrinking)	75.31%	0.00%	Compare
PKBK Parke Bancorp, Inc.	$383.7M	8.3×	—	+9.73% (above 0%: growing)	+48.57% (above 0%: growing)	−12.38% (below 0%: shrinking)	60.74%	0.00%	Compare
FRST Primis Financial Corp.	$382.9M	7.2×	12.8×	+19.34% (above 0%: growing)	+285.01% (above 0%: growing)	+85.35% (above 0%: growing)	71.20%	0.00%	Compare
FNLC First Bancorp, Inc (ME)	$381.4M	10.1×	10.2×	+1.24% (above 0%: growing)	+17.81% (above 0%: growing)	−281.41% (below 0%: shrinking)	58.03%	0.00%
NECB Northeast Community Bancorp Inc.	$381.0M	8.6×	8.3×	−5.64% (below 0%: shrinking)	−11.76% (below 0%: shrinking)	−14.85% (below 0%: shrinking)	68.91%	0.00%	Compare
CZFS Citizens Financial Services Inc.	$380.6M	9.4×	7.9×	+2.61% (above 0%: growing)	+20.45% (above 0%: growing)	−106.85% (below 0%: shrinking)	68.26%	0.00%	Compare
MVBF Mvb Financial Corp.	$377.0M	9.6×	12.3×	+33.88% (above 0%: growing)	+493.75% (above 0%: growing)	−42.33% (below 0%: shrinking)	75.80%	0.00%	Compare
Median of peers	$383.3M	9.5×	9.9×	+14.53%	+39.13%	−16.45%	68.59%	0.00%

All 323 Banks Regional stocks →

First Bancorp, Inc (ME) (FNLC) key facts

Strength: First Bancorp, Inc (ME)’s revenue for fiscal 2025 (year ended December 2025) was $177.6 million, up 7.52% from fiscal 2024.
Strength: Net income was $34.4 million, or $3.10 per share (basic), a net margin of 19.4%.
First Bancorp, Inc (ME) (FNLC) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, FNLC traded at $34.37, a market capitalization of $381.4 million.
At that price the stock trades at 10.1× trailing-twelve-month earnings and 2.1× sales; its P/E is higher than 47% of its own readings over the past ten years.
First Bancorp, Inc (ME) pays an annual dividend of $1.50 per share, a yield of 4.36%, with a payout ratio of 44.5%.
Return on equity was 12.8% and debt-to-equity 0.12.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.