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FNLC

FNLC - First Bancorp Inc-ME Stock Price, Fair Value and News

22.15USD-0.15 (-0.67%)Delayed as of 30 Apr 2024, 02:06 pm ET

Market Summary

FNLC
USD22.15-0.15
Delayedas of 30 Apr 2024, 02:06 pm
-0.67%

FNLC Alerts

  • 1 major insider buys recently.

FNLC Stock Price

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FNLC RSI Chart

FNLC Valuation

Market Cap

248.2M

Price/Earnings (Trailing)

8.41

Price/Sales (Trailing)

1.94

EV/EBITDA

2.1

Price/Free Cashflow

7.24

FNLC Price/Sales (Trailing)

FNLC Profitability

EBT Margin

27.85%

Return on Equity

12.14%

Return on Assets

1%

Free Cashflow Yield

13.81%

FNLC Fundamentals

FNLC Revenue

Revenue (TTM)

128.2M

Rev. Growth (Yr)

28.59%

Rev. Growth (Qtr)

4.72%

FNLC Earnings

Earnings (TTM)

29.5M

Earnings Growth (Yr)

-27.38%

Earnings Growth (Qtr)

-10.64%

Breaking Down FNLC Revenue

52 Week Range

21.7927.87
(Low)(High)

Last 7 days

-2.4%

Last 30 days

-9.5%

Last 90 days

-13.8%

Trailing 12 Months

-9.7%

How does FNLC drawdown profile look like?

FNLC Financial Health

FNLC Investor Care

Dividend Yield

6.23%

Dividend/Share (TTM)

1.39

Shares Dilution (1Y)

0.48%

Diluted EPS (TTM)

2.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023101.4M111.2M120.4M128.2M
202278.7M81.6M86.0M93.0M
202175.4M75.1M76.2M77.1M
202080.1M79.0M77.6M77.1M
201973.4M76.0M77.8M78.7M
201862.8M65.0M67.6M70.5M
201755.0M56.4M58.6M60.8M
201651.7M52.7M53.2M53.8M
201550.8M50.6M50.6M50.8M
201450.3M50.8M51.0M51.0M
201349.9M49.9M49.9M49.9M
201251.8M51.0M50.7M49.9M
201156.2M55.2M53.5M52.7M
201061.2M59.9M58.6M57.3M
200900062.6M
200800071.4M

Tracking the Latest Insider Buys and Sells of First Bancorp Inc-ME

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 18, 2024
swan kimberly
bought
28,444
22.3097
1,275
-
Jan 30, 2024
plummer tammy l
acquired
-
-
1,869
evp - cio
Jan 30, 2024
elder richard m
acquired
-
-
2,365
evp - cfo
Jan 30, 2024
norton susan a
acquired
-
-
2,403
evp - cao
Jan 30, 2024
nicholson jonathan w
acquired
-
-
2,022
evp - clo
Jan 30, 2024
nicholson peter c
acquired
-
-
1,297
evp - chief fiduciary officer
Jan 30, 2024
tolman sarah
acquired
-
-
2,136
evp - cbo
Jan 30, 2024
mckim tony c
acquired
-
-
8,868
president & ceo
Jan 29, 2024
nicholson jonathan w
sold (taxes)
-11,031
26.39
-418
evp - clo
Jan 29, 2024
mckim tony c
sold (taxes)
-53,518
26.39
-2,028
president & ceo

1–10 of 50

Which funds bought or sold FNLC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-5.94
-242,346
1,113,390
-%
Apr 24, 2024
BAR HARBOR WEALTH MANAGEMENT
unchanged
-
-37,526
258,276
0.02%
Apr 23, 2024
CATALYST FINANCIAL PARTNERS LLC
sold off
-100
-282,200
-
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-59.21
-16,000
9,000
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
27,848
166,498
-%
Apr 17, 2024
Coston, McIsaac & Partners
reduced
-7.46
-182,000
760,000
0.24%
Apr 15, 2024
First Bancorp, Inc /ME/
added
0.07
-2,589,280
17,918,300
13.57%
Apr 11, 2024
Bangor Savings Bank
unchanged
-
-29,886
205,695
0.02%
Apr 11, 2024
Fortitude Family Office, LLC
sold off
-100
-4,628
-
-%
Apr 05, 2024
GAMMA Investing LLC
reduced
-84.62
-827
148
-%

1–10 of 50

Are Funds Buying or Selling FNLC?

Are funds buying FNLC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FNLC
No. of Funds

Unveiling First Bancorp Inc-ME's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 26, 2024
blackrock inc.
6.9%
761,001
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
699,314
SC 13G/A
Feb 01, 2022
blackrock inc.
6.6%
721,027
SC 13G/A
Jan 29, 2021
blackrock inc.
7.1%
778,149
SC 13G/A
Feb 05, 2020
blackrock inc.
6.8%
745,681
SC 13G/A

Recent SEC filings of First Bancorp Inc-ME

View All Filings
Date Filed Form Type Document
Apr 25, 2024
8-K
Current Report
Apr 19, 2024
4
Insider Trading
Apr 17, 2024
8-K
Current Report
Apr 15, 2024
13F-HR
Fund Holdings Report
Mar 28, 2024
8-K
Current Report
Mar 08, 2024
10-K
Annual Report
Mar 08, 2024
ARS
ARS
Mar 08, 2024
DEF 14A
DEF 14A
Feb 01, 2024
4
Insider Trading
Jan 31, 2024
4
Insider Trading

Peers (Alternatives to First Bancorp Inc-ME)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.7B
171.1B
-3.50% 39.81%
11.24
3.25
60.72% 31.52%
295.6B
130.3B
-0.98% 28.24%
11.15
2.27
79.51% -3.68%
213.9B
85.7B
3.17% 50.44%
11.18
2.5
41.49% 39.96%
119.0B
133.3B
-1.55% 32.27%
12.9
0.89
79.09% -
16.0B
10.2B
-3.61% 14.73%
9.98
1.57
44.53% -22.43%
13.8B
7.9B
-6.83% 30.82%
14.22
1.74
46.47% -49.56%
MID-CAP
6.9B
4.2B
-6.49% 18.56%
9.93
1.63
34.68% -45.96%
6.1B
3.9B
-4.79% 48.31%
9
1.55
45.91% -25.03%
3.3B
1.3B
0.25% 44.78%
12.44
2.61
43.24% -22.35%
3.3B
2.0B
0.37% 21.09%
17.83
1.67
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
395.5M
164.9M
-8.20% 39.26%
33.82
2.4
42.66% -70.76%
377.4M
162.6M
-8.87% 5.60%
12.55
2.32
25.39% -38.37%
274.3M
96.6M
-14.23% 6.33%
8.66
2.84
11.02% -11.37%
42.0M
60.9M
-5.77% -17.79%
-12.56
0.69
24.06% -144.92%

First Bancorp Inc-ME News

Latest updates
Investing.com India • 19 Apr 2024 • 07:12 pm
Bangor Daily News • 11 Apr 2024 • 07:00 am
Bangor Daily News • 19 Mar 2024 • 07:00 am
Bangor Daily News • 19 months ago

First Bancorp Inc-ME Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.7%35.0033.0031.0029.0027.0024.0021.0021.0020.0020.0019.0019.0019.0019.0019.0021.0020.0020.0020.0019.0019.00
EBITDA Margin-11.7%0.80*0.91*1.05*1.21*1.35*1.44*1.48*1.47*1.46*1.40*1.36*1.30*---------
Interest Expenses-0.6%16.0016.0016.0017.0019.0019.0019.0019.0018.0017.0016.0016.0016.0015.0014.0015.0013.0013.0013.0013.0013.00
Income Taxes-9.8%1.002.002.002.002.002.002.002.002.002.002.002.001.001.001.001.001.001.001.001.001.00
Earnings Before Taxes-10.5%8.009.009.0010.0011.0012.0012.0012.0012.0011.0011.0011.008.008.008.008.008.007.008.007.008.00
EBT Margin-13.5%0.28*0.32*0.38*0.45*0.51*0.56*0.57*0.57*0.57*0.53*0.51*0.47*---------
Net Income-10.6%7.007.007.008.009.0010.0010.0010.0010.009.009.009.007.007.007.006.007.006.006.006.006.00
Net Income Margin-13.4%0.23*0.27*0.31*0.37*0.42*0.46*0.47*0.47*0.47*0.44*0.42*0.39*---------
Free Cashflow19.9%10.009.0011.005.009.0013.0011.007.0011.0013.0013.0016.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.1%2,9472,9442,8752,8122,7392,7352,6302,5492,5272,5302,4502,4372,3612,2972,2672,1362,0692,0331,9991,9911,945
    Cash Equivalents6.9%32.0030.0025.0027.0023.0027.0023.0022.0021.0027.0027.0020.0026.0023.0022.0021.0014.0021.0017.0015.0019.00
  Net PPE------29.0029.0029.0029.0029.0030.0030.0027.0027.0021.0021.0021.0021.0021.0022.0022.00
  Goodwill0%31.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.0031.0030.0030.0030.0030.0030.0030.0030.0030.00
Liabilities-0.5%2,7042,7172,6432,5832,5102,5152,4032,3152,2812,2912,2162,2092,1382,0772,0511,9211,8561,8251,7941,7941,753
  Short Term Borrowings-16.1%70.0083.0089.0084.0010311812779.0081.00178174175207229224193175171172160145
  Long Term Debt---25.000.000.000.000.0055.0055.0055.0055.0055.0055.0055.0055.0055.0010.0010.0010.0010.0065.00
Shareholder's Equity7.2%243227232228229220228234246239234228224219217215213208205198192
  Retained Earnings1.3%212209206202204199193186180174169164158155151148145142138135132
  Additional Paid-In Capital0.6%70.0070.0069.0069.0068.0068.0068.0067.0067.0066.0066.0066.0065.0065.0065.0064.0064.0064.0063.0063.0063.00
Shares Outstanding0.1%11.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.00---------
Float---258---313---306---222---273--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations4.2%10,72610,29210,8545,0478,78013,17811,4237,83211,46612,88613,29719,0441,63415,8352,3772,85211,6288,0555,6407309,553
  Share Based Compensation1.9%21320921418419919819521718418220228817017016215019712412112396.00
Cashflow From Investing112.2%8,615-70,381-73,301-64,741-3,980-115,354-92,810-35,436-7,838-85,940-9,618-98,353-35,487-39,936-124,516-50,132-46,016-30,3371,482-41,40934,261
Cashflow From Financing-126.6%-17,29364,90660,06664,424-9,480106,13182,78929,021-10,12073,0883,38473,12637,32324,700123,16553,96427,40326,782-5,47436,815-46,329
  Dividend Payments0.1%3,8843,8823,8793,7733,7553,7543,7503,5203,5203,5183,5163,3943,3933,3893,2713,2763,3893,2683,1573,1493,699
  Buy Backs233.3%2.00-1.5013.002371.00-6.00270-13.0022.00218-1.003.00-15487.002.00-2.0096.00-
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FNLC Income Statement

2023-12-31
Consolidated Statements of Income and Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income   
Interest and fees on loans (includes tax-exempt income of $1,913,000 in 2023, $1,181,000 in 2022, and $1,102,000 in 2021)$ 108,274$ 75,805$ 62,195
Interest on deposits with other banks51731572
Interest and dividends on investments (includes tax-exempt income of $8,032,000 in 2023, $7,571,000 in 2022, and $7,644,000 in 2021)19,38316,91514,814
Total interest and dividend income128,17493,03577,081
Interest expense   
Interest on deposits61,00415,3597,314
Interest on borrowed funds1,9631,5103,464
Total interest expense62,96716,86910,778
Net interest income65,20776,16666,303
Provision for (reduction in) credit losses - loans1,3301,750(375)
Provision for (reduction in) credit losses - debt securities held to maturity(4)00
Provision for (reduction in) credit losses - off-balance sheet credit exposures(142)00
Total provision for (reduction in) credit losses1,1841,750(375)
Net interest income after provision credit losses64,02374,41666,678
Non-interest income   
Net securities gains0723
Other operating income2,6992,6702,819
Total non-interest income15,43716,87419,383
Non-interest expense   
Salaries and employee benefits21,94223,31621,152
Occupancy expense3,3193,0522,841
Furniture and equipment expense5,3915,0584,788
FDIC insurance premiums1,9621,068824
Amortization of identified intangibles266969
Other operating expense11,11811,34112,474
Total non-interest expense43,75843,90442,148
Income before income taxes35,70247,38643,913
Applicable tax expense6,1848,3967,644
Net income$ 29,518$ 38,990$ 36,269
Basic earnings per common share (in usd per share)$ 2.68$ 3.56$ 3.33
Diluted earnings per common share (in usd per share)$ 2.66$ 3.53$ 3.30
Other comprehensive income (loss), net of tax   
Net unrealized gain (loss) on securities available for sale$ 5,143$ (43,000)$ (6,727)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of amortization82346
Net (loss) gain on cash flow hedging derivative instruments(244)5444,932
Net unrecognized gain on postretirement benefits3016877
Other comprehensive income (loss)4,937(42,265)(1,672)
Comprehensive income (loss)34,455(3,275)34,597
Fiduciary and investment management income   
Non-interest income   
Non-interest income4,6544,6004,529
Service charges on deposit accounts   
Non-interest income   
Non-interest income1,8871,8251,568
Mortgage origination and servicing income   
Non-interest income   
Non-interest income8131,4245,236
Debit card income   
Non-interest income   
Non-interest income$ 5,384$ 6,348$ 5,208

FNLC Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 31,942$ 22,728
Interest-bearing deposits in other banks3,4883,693
Securities available for sale282,053284,509
Securities to be held to maturity, net of allowance for credit losses of $434,000 at December 31, 20231 (fair value of $338,570,000 at December 31, 2023, and $339,011,000 at December 31, 2022)[1]385,235393,896
Restricted equity securities, at cost3,3853,883
Loans held for sale0275
Loans2,129,4541,914,674
Less allowance for credit losses24,03016,723
Net loans2,105,4241,897,951
Accrued interest receivable11,8949,829
Premises and equipment, net28,68428,277
Goodwill30,64630,646
Other assets63,94763,491
Total assets2,946,6982,739,178
Liabilities  
Demand deposits289,104318,626
NOW deposits634,543630,416
Money market deposits305,931192,632
Savings deposits299,837369,532
Certificates of deposit1,070,247867,671
Total deposits2,599,6622,378,877
Borrowed funds – short term69,652103,399
Borrowed funds – long term084
Other liabilities34,30527,895
Total liabilities2,703,6192,510,255
Commitments and contingent liabilities
Shareholders' equity  
Common stock, one cent par value per share111110
Additional paid-in capital70,07168,435
Retained earnings211,925204,343
Accumulated other comprehensive income (loss)  
Net unrealized loss on securities available for sale(39,575)(44,718)
Net unrealized loss on securities transferred from available for sale to held to maturity(56)(64)
Net unrealized gain on cash flow hedging derivative instruments300544
Net unrealized gain on postretirement costs303273
Total shareholders' equity243,079228,923
Total liabilities and shareholders' equity$ 2,946,698$ 2,739,178
Common stock  
Number of shares authorized (in shares)18,000,00018,000,000
Number of shares issued (in shares)11,098,05711,045,186
Number of shares outstanding (in shares)11,098,05711,045,186
Book value per common share (usd per share)$ 21.90$ 20.73
Tangible book value per common share (usd per share)$ 19.12$ 17.93
[1]December 31, 2022 had no ACL on HTM securities.
FNLC
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 also offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company 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 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.
 CEO
 WEBSITEthefirst.com
 INDUSTRYBanks Diversified
 EMPLOYEES273

First Bancorp Inc-ME Frequently Asked Questions


What is the ticker symbol for First Bancorp Inc-ME? What does FNLC stand for in stocks?

FNLC is the stock ticker symbol of First Bancorp Inc-ME. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Bancorp Inc-ME (FNLC)?

As of Mon Apr 29 2024, market cap of First Bancorp Inc-ME is 248.2 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FNLC stock?

You can check FNLC's fair value in chart for subscribers.

What is the fair value of FNLC stock?

You can check FNLC's fair value in chart for subscribers. The fair value of First Bancorp Inc-ME is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Bancorp Inc-ME is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FNLC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Bancorp Inc-ME a good stock to buy?

The fair value guage provides a quick view whether FNLC is over valued or under valued. Whether First Bancorp Inc-ME is cheap or expensive depends on the assumptions which impact First Bancorp Inc-ME's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FNLC.

What is First Bancorp Inc-ME's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 29 2024, FNLC's PE ratio (Price to Earnings) is 8.41 and Price to Sales (PS) ratio is 1.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FNLC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Bancorp Inc-ME's stock?

In the past 10 years, First Bancorp Inc-ME has provided 0.074 (multiply by 100 for percentage) rate of return.