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First Bancorp (FNLC) Stock Price, News & Analysis

$24.21
-0.11 (-0.45%)
(As of 05/20/2024 ET)
Today's Range
$24.20
$24.31
50-Day Range
$22.02
$24.64
52-Week Range
$21.77
$29.16
Volume
5,098 shs
Average Volume
11,588 shs
Market Capitalization
$269.70 million
P/E Ratio
9.76
Dividend Yield
5.78%
Price Target
N/A

First Bancorp MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.31% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$28,445 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.81 out of 5 stars

Finance Sector

507th out of 855 stocks

National Commercial Banks Industry

58th out of 81 stocks

FNLC stock logo

About First Bancorp Stock (NASDAQ: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 offers various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans comprising commercial real estate owner occupied, such as mortgage loans to finance investments in real property such as retail space, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loan for financing working capital and/or capital investment. In addition, it offers commercial multifamily loans; residential real estate term and residential real estate construction loans; loans to municipalities in Maine for capitalized expenditures, construction projects, or tax anticipation notes; home equity revolving and term loans; and personal lines of credit and amortizing loans for various purposes, such as autos, recreational vehicles, debt consolidation, personal expenses, or overdraft protection. Further, the company offers private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations and municipalities; and brokerage, annuity, and various insurance products, 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.

FNLC Stock Price History

FNLC Stock News Headlines

First BanCorp. Q1 Net Income Rises
The First Bancorp Announces First Quarter Results
The First Bancorp Declares First Quarter Dividend
County's first banking hub opens
7 Wise Stock Picks for the Risk-Averse Investor
The First Bancorp Reports Results for 2023
See More Headlines
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Company Calendar

Ex-Dividend for 4/19 Dividend
4/08/2024
Last Earnings
4/17/2024
Dividend Payable
4/19/2024
Today
5/21/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:FNLC
CUSIP
31866P10
Employees
271
Year Founded
1864

Profitability

Net Income
$29.52 million
Pretax Margin
22.25%

Debt

Sales & Book Value

Annual Sales
$78.12 million
Cash Flow
$2.88 per share
Book Value
$21.91 per share

Miscellaneous

Free Float
10,467,000
Market Cap
$269.60 million
Optionable
Optionable
Beta
0.57

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FNLC Stock Analysis - Frequently Asked Questions

How have FNLC shares performed in 2024?

First Bancorp's stock was trading at $28.22 at the start of the year. Since then, FNLC shares have decreased by 14.2% and is now trading at $24.21.
View the best growth stocks for 2024 here
.

When is First Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our FNLC earnings forecast
.

How were First Bancorp's earnings last quarter?

The First Bancorp, Inc. (NASDAQ:FNLC) announced its quarterly earnings results on Wednesday, April, 17th. The bank reported $0.54 EPS for the quarter. The bank had revenue of $18.52 million for the quarter. First Bancorp had a trailing twelve-month return on equity of 11.68% and a net margin of 18.41%.

How often does First Bancorp pay dividends? What is the dividend yield for First Bancorp?

First Bancorp announced a quarterly dividend on Thursday, March 28th. Investors of record on Tuesday, April 9th will be given a dividend of $0.35 per share on Friday, April 19th. This represents a $1.40 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Monday, April 8th.
Read our dividend analysis for FNLC
.

Is First Bancorp a good dividend stock?

First Bancorp (NASDAQ:FNLC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.84%. FNLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 56.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FNLC.

What other stocks do shareholders of First Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Main Street Capital (MAIN), Boeing (BA), Mastercard (MA), NVIDIA (NVDA), International Business Machines (IBM), AT&T (T), AbbVie (ABBV), Delphi Technologies (DLPH), Enterprise Products Partners (EPD) and Energy Transfer (ET).

Who are First Bancorp's major shareholders?

First Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include First Bancorp Inc ME (6.53%), Vanguard Group Inc. (4.43%), Foundry Partners LLC (0.47%), Coston McIsaac & Partners (0.28%), Naples Global Advisors LLC (0.18%) and ProVise Management Group LLC (0.17%). Insiders that own company stock include Kimberly Swan, Robert B Gregory, Sarah Tolman and Stuart G Smith.
View institutional ownership trends
.

How do I buy shares of First Bancorp?

Shares of FNLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FNLC) was last updated on 5/21/2024 by MarketBeat.com Staff

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