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

First Bancorp, Inc (ME)

FNLC Financial Banks Regional

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%
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%) (below 0%: weak)
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.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

First Bancorp, Inc (ME) vs peers in Banks Regional (Q) = latest quarter vs a year earlier

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.

Source: company filings (standardised) and stockrow calculations.

First Bancorp, Inc (ME) (FNLC) Latest News

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stockrow.com/FNLC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com