First Bancorp, Inc (ME) (FNLC) Financials

$35.09 +1.05 (+3.08%)

Closing price 07/16/2026 04:00 PM Eastern

Extended Trading

$35.17 +0.08 (+0.24%)

As of 07/16/2026 06:56 PM Eastern

Annual Income Statements for First Bancorp, Inc (ME)

This table shows First Bancorp, Inc (ME)'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	16	18	20	24	26	27	35	39	30	27	34
Consolidated Net Income / (Loss)	16	18	20	24	26	27	36	39	30	27	34
Net Income / (Loss) Continuing Operations	16	18	20	24	26	27	36	39	30	27	34
Total Pre-Tax Income	22	24	26	28	30	32	44	47	36	33	42
Total Revenue	53	55	60	63	67	78	86	93	81	80	95
Net Interest Income / (Expense)	41	43	47	50	52	60	66	76	65	64	77
Total Interest Income	51	54	61	71	79	77	77	93	128	149	160
Loans and Leases Interest Income	37	40	45	54	59	59	62	76	108	129	141
Investment Securities Interest Income	14	14	15	17	19	18	15	17	19	19	19
Deposits and Money Market Investments Interest Income	0.02	0.02	0.05	0.24	0.19	0.10	0.07	0.32	0.52	0.55	0.40
Total Interest Expense	9.87	11	14	20	26	17	11	17	63	85	83
Deposits Interest Expense	5.29	6.03	9.48	16	23	14	7.31	15	61	79	77
Long-Term Debt Interest Expense	4.59	4.78	4.05	4.36	2.89	3.15	3.46	1.51	1.96	5.51	6.20
Total Non-Interest Income	12	12	13	13	14	18	19	17	15	16	17
Other Service Charges	8.57	4.99	12	5.67	2.66	2.43	2.82	2.67	2.70	3.09	3.45
Other Non-Interest Income	-	6.84	-	6.79	11	15	17	14	13	13	14
Provision for Credit Losses	1.55	1.60	2.00	1.50	1.25	6.05	-0.38	1.75	1.33	1.30	2.05
Total Non-Interest Expense	30	29	32	33	35	40	42	44	44	47	51
Salaries and Employee Benefits	15	15	17	18	18	20	21	23	22	24	27
Net Occupancy & Equipment Expense	5.48	5.62	6.08	6.36	6.55	7.56	7.63	8.11	8.71	9.00	9.27
Property & Liability Insurance Claims	0.89	0.79	1.01	1.23	0.44	0.74	0.82	1.07	1.96	2.39	2.72
Other Operating Expenses	8.39	7.72	7.92	8.20	9.75	11	12	11	11	12	12
Amortization Expense	0.06	0.04	0.04	0.04	0.04	0.04	0.07	0.07	0.03	0.03	0.03
Nonoperating Income / (Expense), net	-	-	-	-	-	-	0.00	0.00	0.14	0.54	0.15
Income Tax Expense	5.51	6.45	6.61	4.31	4.74	5.12	7.64	8.40	6.18	5.54	7.55
Basic Earnings per Share	$1.52	$1.68	$1.82	$2.18	$2.36	$2.50	$3.33	$3.56	$2.68	$2.45	$3.10
Weighted Average Basic Shares Outstanding	10.67M	10.71M	10.75M	10.78M	10.92M	10.98M	11.02M	11.08M	11.13M	11.20M	11.27M
Diluted Earnings per Share	$1.51	$1.66	$1.81	$2.17	$2.34	$2.48	$3.30	$3.53	$2.66	$2.43	$3.07
Weighted Average Diluted Shares Outstanding	10.67M	10.71M	10.75M	10.78M	10.92M	10.98M	11.02M	11.08M	11.13M	11.20M	11.27M
Weighted Average Basic & Diluted Shares Outstanding	10.67M	10.71M	10.75M	10.78M	10.92M	10.98M	11.02M	11.08M	11.13M	11.20M	11.27M
Cash Dividends to Common per Share	$0.87	$1.03	$0.95	$1.11	$1.19	$1.23	$1.27	$1.34	$1.39	$1.43	$1.47

This table shows First Bancorp, Inc (ME)'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	7.47	5.23	6.02	6.17	7.57	7.28	7.08	8.06	9.08	10	8.99
Consolidated Net Income / (Loss)	7.47	6.68	6.02	6.17	7.57	7.28	7.08	8.06	9.08	10	8.99
Net Income / (Loss) Continuing Operations	7.47	6.68	6.02	6.17	7.57	7.28	7.08	8.06	9.08	10	8.99
Total Pre-Tax Income	9.04	8.09	7.27	7.47	9.16	8.68	8.57	9.85	11	12	11
Total Revenue	20	20	19	19	21	22	22	23	25	26	25
Net Interest Income / (Expense)	16	16	15	15	16	18	18	18	20	21	21
Total Interest Income	33	35	35	37	38	39	39	40	41	41	39
Loans and Leases Interest Income	28	29	30	32	33	34	34	35	36	36	35
Investment Securities Interest Income	4.71	5.19	4.71	4.66	4.73	4.74	4.73	4.76	4.70	4.52	4.38
Deposits and Money Market Investments Interest Income	0.21	0.22	0.08	0.06	0.06	0.36	0.06	0.05	0.11	0.19	0.03
Total Interest Expense	17	19	20	21	22	21	21	21	21	20	18
Deposits Interest Expense	17	19	19	20	20	20	19	20	19	18	17
Long-Term Debt Interest Expense	0.31	0.35	0.93	1.67	1.77	1.15	1.64	1.69	1.57	1.30	1.75
Total Non-Interest Income	3.89	4.11	3.64	4.16	4.12	4.44	4.00	4.13	4.48	4.73	4.45
Other Service Charges	0.68	0.74	3.64	0.82	0.82	-2.19	0.79	0.75	0.98	0.94	1.02
Net Realized & Unrealized Capital Gains on Investments	-	-	0.51	-	-	-	0.00	-	-	-	0.01
Other Non-Interest Income	3.22	3.37	-	3.33	3.30	-	3.21	3.38	3.50	3.80	3.42
Provision for Credit Losses	-0.16	0.91	-	0.54	-0.58	1.86	0.40	0.35	0.69	0.62	0.65
Total Non-Interest Expense	11	11	12	11	12	12	13	12	13	13	14
Salaries and Employee Benefits	5.52	5.52	6.06	5.59	6.13	6.46	6.85	6.28	6.67	7.20	7.33
Net Occupancy & Equipment Expense	2.19	2.21	2.26	2.22	2.24	2.28	2.34	2.31	2.31	2.31	2.50
Property & Liability Insurance Claims	0.55	0.53	0.56	0.56	0.64	0.63	0.69	0.70	0.70	0.63	0.57
Other Operating Expenses	2.74	2.92	2.88	2.88	2.99	2.77	2.95	2.90	3.07	2.98	3.21
Amortization Expense	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Nonoperating Income / (Expense), net	0.04	0.23	-	-0.01	0.13	-	0.01	-0.14	-0.02	0.30	0.03
Income Tax Expense	1.57	1.41	1.25	1.30	1.59	1.40	1.49	1.79	2.00	2.27	1.91
Basic Earnings per Share	$0.68	$0.60	$0.55	$0.56	$0.69	$0.65	$0.64	$0.73	$0.82	$0.91	$0.81
Weighted Average Basic Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Diluted Earnings per Share	$0.67	$0.60	$0.54	$0.55	$0.68	$0.66	$0.63	$0.72	$0.81	$0.91	$0.80
Weighted Average Diluted Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Weighted Average Basic & Diluted Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Cash Dividends to Common per Share	$0.35	-	$0.35	$0.36	$0.36	-	$0.36	$0.37	$0.37	-	$0.37

This table details how cash moves in and out of First Bancorp, Inc (ME)'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	1.24	3.07	1.84	-0.07	-4.70	12	-5.58	2.09	9.21	-4.31	0.14
Net Cash From Operating Activities	21	21	22	34	26	23	57	41	37	26	38
Net Cash From Continuing Operating Activities	21	21	22	34	26	23	57	41	37	26	38
Net Income / (Loss) Continuing Operations	16	18	20	24	26	27	36	39	30	27	34
Consolidated Net Income / (Loss)	16	18	20	24	26	27	36	39	30	27	34
Provision For Loan Losses	1.86	1.73	2.02	1.50	1.25	6.10	-0.38	1.75	0.00	0.04	0.00
Depreciation Expense	1.99	1.94	2.04	1.98	2.25	2.53	2.35	1.98	2.41	3.24	3.46
Amortization Expense	0.84	2.38	3.26	1.86	1.13	1.99	2.42	0.98	0.14	0.62	0.59
Non-Cash Adjustments to Reconcile Net Income	-1.12	-1.09	2.21	-0.03	0.80	-6.66	6.76	1.22	0.91	1.44	2.85
Changes in Operating Assets and Liabilities, net	0.96	-1.78	-6.84	4.99	-4.89	-8.39	9.27	-4.02	3.94	-6.34	-3.49
Net Cash From Investing Activities	-86	-148	-130	-112	-116	-250	-202	-248	-200	-217	-3.00
Net Cash From Continuing Investing Activities	-86	-148	-130	39	-116	-250	-202	-249	-200	-217	-3.00
Purchase of Property, Leasehold Improvements and Equipment	-0.93	-2.13	-2.53	-1.48	-1.57	-2.54	-3.76	-1.40	-2.64	-1.48	-3.22
Purchase of Investment Securities	-206	-332	-317	-167	-230	-530	-398	-371	-304	-242	-70
Sale of Property, Leasehold Improvements and Equipment	0.01	0.00	0.47	0.00	0.00	0.07	0.00	0.04	0.00	0.00	0.02
Sale and/or Maturity of Investments	121	183	190	68	114	328	210	60	106	44	52
Other Investing Activities, net	-0.45	3.72	-0.57	-11	0.77	-45	-11	63	0.21	-19	18
Net Cash From Financing Activities	67	130	110	78	86	239	139	208	172	187	-35
Net Cash From Continuing Financing Activities	67	130	110	78	86	239	139	208	172	187	-35
Net Change in Deposits	18	200	82	32	99	-87	-39	301	203	45	-138
Issuance of Debt	98	35	50	62	0.00	87	-126	22	-34	77	42
Issuance of Common Equity	0.47	0.53	0.63	0.62	0.65	0.67	0.69	0.80	0.82	0.87	0.92
Repayment of Debt	-40	-94	-100	-80	-25	-10	-0.01	-55	-0.08	0.00	0.00
Repurchase of Common Equity	-0.18	-1.88	-0.15	-0.17	-0.18	-0.16	-0.25	-0.28	-0.25	-0.21	-0.28
Payment of Dividends	-9.35	-9.81	-11	-12	-13	-13	-14	-15	-15	-16	-16
Other Financing Activities, Net	-	-	88	76	25	262	318	-46	18	81	77
Cash Interest Paid	9.96	11	13	20	26	18	11	16	62	84	83
Cash Income Taxes Paid	4.24	6.37	5.73	3.06	3.99	5.05	6.55	8.01	5.62	4.53	5.67

This table details how cash moves in and out of First Bancorp, Inc (ME)'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	4.82	2.05	-8.07	3.94	7.32	-7.50	-1.20	0.93	4.25	-3.83	-4.17
Net Cash From Operating Activities	10	11	-1.50	6.38	9.76	11	2.18	7.37	13	15	23
Net Cash From Continuing Operating Activities	10	11	-1.50	6.38	9.76	11	2.18	7.37	13	15	23
Net Income / (Loss) Continuing Operations	7.47	6.68	6.02	6.17	7.57	7.28	7.08	8.06	9.08	10	8.99
Consolidated Net Income / (Loss)	7.47	6.68	6.02	6.17	7.57	7.28	7.08	8.06	9.08	10	8.99
Provision For Loan Losses	-0.70	-	-0.51	0.51	0.04	-	0.39	0.49	-0.88	-	0.62
Depreciation Expense	0.63	0.32	0.66	0.66	0.84	0.05	0.86	0.85	0.87	0.88	1.02
Amortization Expense	0.17	-0.00	0.14	0.16	0.17	1.19	0.13	0.16	0.14	0.16	0.12
Non-Cash Adjustments to Reconcile Net Income	0.65	1.09	0.56	-	-0.40	1.28	0.56	0.09	1.35	0.86	0.84
Changes in Operating Assets and Liabilities, net	2.07	2.65	-8.37	-1.12	1.54	1.61	-6.85	-2.28	2.34	3.30	11
Net Cash From Investing Activities	-70	8.62	-37	-104	-44	-33	-25	-7.25	6.27	23	-31
Net Cash From Continuing Investing Activities	-70	8.62	-37	-104	-44	-33	-25	-7.25	6.27	23	-31
Purchase of Property, Leasehold Improvements and Equipment	-1.67	-0.38	-0.33	-0.06	-0.11	-0.98	-1.35	-0.14	-0.30	-1.43	-0.53
Purchase of Investment Securities	-43	-108	-49	-84	-69	-44	-52	-17	-4.91	4.07	-20
Sale of Property, Leasehold Improvements and Equipment	-	-	0.00	-	-	0.00	0.02	0.02	-0.02	-	0.00
Sale and/or Maturity of Investments	9.13	83	11	10	9.76	17	9.50	10	15	17	16
Other Investing Activities, net	-34	35	0.58	-30	16	-4.90	19	-0.32	-3.97	3.10	-26
Net Cash From Financing Activities	65	-17	31	101	41	14	21	0.81	-15	-42	3.79
Net Cash From Continuing Financing Activities	65	-17	31	101	41	14	21	0.81	-15	-42	3.79
Net Change in Deposits	-40	61	-4.82	46	14	-11	55	9.34	-107	-94	58
Issuance of Debt	-11	-34	85	76	-66	-18	64	-14	-43	35	7.98
Issuance of Common Equity	0.20	0.21	0.20	0.22	0.22	0.23	0.23	0.23	0.23	0.24	0.24
Repayment of Debt	-20	20	0.00	-	-14	14	-25	-	-	-	0.00
Repurchase of Common Equity	0.00	-0.00	-0.21	-0.00	-	-	-0.28	0.00	-0.01	0.00	-0.28
Payment of Dividends	-3.88	-3.88	-3.91	-4.01	-4.01	-3.88	-3.90	-4.15	-4.15	-4.15	-4.04
Other Financing Activities, Net	141	-61	-46	-17	111	33	-69	-15	140	21	-59
Cash Interest Paid	17	19	20	21	22	21	21	21	21	20	18

This table presents First Bancorp, Inc (ME)'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,565	1,713	1,843	1,945	2,069	2,361	2,527	2,739	2,947	3,157	3,166
Cash and Due from Banks	14	17	19	19	14	26	21	23	32	28	28
Interest Bearing Deposits at Other Banks	-	-	-	-	11	56	67	3.69	3.49	22	4.12
Trading Account Securities	478	540	565	585	651	695	697	683	671	652	629
Loans and Leases, Net of Allowance	979	1,061	1,153	1,227	-12	-16	-16	1,898	2,105	2,316	2,369
Loans and Leases	989	1,072	1,164	1,238	-	-	-	1,915	2,129	2,341	2,394
Allowance for Loan and Lease Losses	9.92	10	11	11	12	16	16	17	24	25	25
Premises and Equipment, Net	22	22	23	22	21	27	29	28	29	28	29
Goodwill	30	30	30	30	30	31	31	31	31	31	31
Other Assets	38	42	53	50	1,352	1,542	1,699	73	76	81	78
Total Liabilities & Shareholders' Equity	1,565	1,713	1,843	1,945	2,069	2,361	2,527	2,739	2,947	3,157	3,166
Total Liabilities	1,397	1,540	1,662	1,753	1,856	2,138	2,281	2,510	2,704	2,905	2,883
Interest Bearing Deposits	1,043	1,243	1,419	1,217	1,650	1,845	2,123	2,379	2,600	2,725	2,665
Short-Term Debt	222	159	114	145	175	207	81	103	70	51	92
Long-Term Debt	115	120	115	65	10	55	55	0.08	0.00	95	96
Other Long-Term Liabilities	17	18	14	16	21	31	22	28	34	33	31
Total Equity & Noncontrolling Interests	167	173	181	192	213	224	246	229	243	252	283
Total Preferred & Common Equity	167	173	181	192	213	224	246	229	243	252	283
Total Common Equity	167	173	181	192	213	224	246	229	243	252	283
Common Stock	60	61	62	63	64	65	67	69	70	72	74
Retained Earnings	107	112	121	132	145	158	180	204	212	223	240
Accumulated Other Comprehensive Income / (Loss)	0.86	-0.00	-1.68	-3.77	3.60	-0.03	-1.70	-44	-39	-42	-31

This table presents First Bancorp, Inc (ME)'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,735	2,812	2,875	2,944	2,978	3,085	3,143	3,187	3,200	3,198	3,201
Cash and Due from Banks	27	27	25	30	24	28	35	26	27	32	24
Interest Bearing Deposits at Other Banks	66	2.77	3.98	38	2.91	33	17	2.94	3.25	7.23	30
Trading Account Securities	670	684	674	676	660	658	669	657	654	643	619
Loans and Leases, Net of Allowance	1,842	1,959	2,037	2,057	2,150	2,223	2,283	2,358	2,369	2,373	2,380
Loans and Leases	1,858	1,983	2,061	2,080	2,174	2,248	2,307	2,383	2,394	2,399	2,405
Allowance for Loan and Lease Losses	16	23	23	23	24	25	24	25	25	25	25
Premises and Equipment, Net	29	28	28	29	28	28	27	29	28	28	29
Goodwill	31	31	31	31	31	31	31	31	31	31	31
Other Assets	71	79	76	83	83	84	80	84	87	84	89
Total Liabilities & Shareholders' Equity	2,735	2,812	2,875	2,944	2,978	3,085	3,143	3,187	3,200	3,198	3,201
Total Liabilities	2,515	2,583	2,643	2,717	2,736	2,840	2,886	2,928	2,934	2,924	2,914
Interest Bearing Deposits	2,370	2,467	2,500	2,600	2,549	2,578	2,703	2,711	2,705	2,738	2,665
Short-Term Debt	118	84	89	83	85	161	56	115	101	57	100
Long-Term Debt	0.09	0.08	25	0.00	70	70	95	70	95	96	96
Other Long-Term Liabilities	27	33	28	35	32	32	32	31	33	33	54
Total Equity & Noncontrolling Interests	220	228	232	227	243	245	257	260	265	275	287
Total Preferred & Common Equity	220	228	232	227	243	245	257	260	265	275	287
Total Common Equity	220	228	232	227	243	245	257	260	265	275	287
Common Stock	68	69	69	70	71	71	72	72	73	73	74
Retained Earnings	199	202	206	209	214	216	220	226	230	234	245
Accumulated Other Comprehensive Income / (Loss)	-47	-43	-43	-52	-42	-42	-34	-38	-37	-33	-33

This table displays calculated financial ratios and metrics derived from First Bancorp, Inc (ME)'s official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	10,751,035.00	10,791,668.00	10,827,467.00	10,860,334.00	10,899,787.00	10,947,662.00	10,996,274.00	-	-	-	11,219,320.00
DEI Adjusted Shares Outstanding	10,751,035.00	10,791,668.00	10,827,467.00	10,860,334.00	10,899,787.00	10,947,662.00	10,996,274.00	-	-	-	11,219,320.00
DEI Earnings Per Adjusted Shares Outstanding	1.51	1.67	1.81	2.17	2.34	2.48	3.30	-	-	-	3.07
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.98%	4.29%	7.94%	4.94%	6.17%	16.90%	9.92%	8.58%	-13.32%	-0.47%	18.01%
EBITDA Growth	7.78%	17.26%	9.43%	0.59%	6.15%	9.33%	32.40%	3.43%	-24.33%	-6.40%	28.40%
EBIT Growth	12.68%	12.63%	7.10%	6.27%	8.68%	6.58%	36.16%	7.91%	-24.97%	-10.55%	31.24%
NOPAT Growth	10.18%	11.13%	8.77%	20.16%	8.45%	6.28%	33.69%	7.50%	-24.59%	-9.54%	28.86%
Net Income Growth	10.18%	11.13%	8.77%	20.16%	8.45%	6.28%	33.69%	7.50%	-24.29%	-8.38%	27.17%
EPS Growth	10.22%	9.93%	9.04%	19.89%	7.83%	5.98%	33.06%	6.97%	-24.65%	-8.65%	26.34%
Operating Cash Flow Growth	1.36%	2.16%	5.11%	51.93%	-23.01%	-12.88%	149.77%	-27.31%	-10.42%	-29.45%	45.18%
Free Cash Flow Firm Growth	-2,974.06%	251.32%	-14.83%	-47.88%	-5.78%	-304.45%	328.92%	-36.74%	-44.60%	-221.13%	36.21%
Invested Capital Growth	14.38%	-10.60%	-9.16%	-2.00%	-1.09%	22.22%	-21.36%	-12.98%	-5.92%	27.51%	18.10%
Revenue Q/Q Growth	1.45%	0.71%	2.78%	6.89%	-3.11%	3.79%	2.79%	0.91%	-4.01%	2.59%	4.84%
EBITDA Q/Q Growth	1.51%	4.64%	3.31%	11.22%	-6.30%	1.18%	7.53%	-2.22%	-8.91%	3.02%	2.54%
EBIT Q/Q Growth	2.55%	3.28%	4.29%	14.49%	-7.48%	0.96%	8.24%	-0.90%	-8.51%	0.39%	3.30%
NOPAT Q/Q Growth	2.16%	3.16%	4.07%	5.74%	1.28%	1.06%	7.65%	-0.89%	-8.23%	0.58%	8.79%
Net Income Q/Q Growth	2.16%	3.16%	4.07%	5.74%	1.28%	1.06%	7.65%	-0.89%	-7.86%	2.28%	9.17%
EPS Q/Q Growth	2.03%	2.47%	4.62%	5.34%	0.86%	1.22%	7.84%	-1.12%	-7.96%	2.53%	8.87%
Operating Cash Flow Q/Q Growth	-6.08%	3.71%	-11.34%	18.50%	8.65%	-30.57%	20.98%	-6.12%	5.56%	2.69%	11.69%
Free Cash Flow Firm Q/Q Growth	-53.40%	88.88%	25.10%	335.82%	-64.89%	29.26%	115.50%	-48.80%	-19.07%	17.11%	-421.91%
Invested Capital Q/Q Growth	8.71%	1.65%	-1.00%	-10.69%	1.94%	-3.47%	-19.06%	-1.73%	0.99%	-2.22%	10.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	46.17%	51.91%	52.63%	50.44%	50.43%	47.17%	56.81%	54.12%	47.25%	44.43%	48.35%
EBIT Margin	40.85%	44.12%	43.78%	44.33%	45.38%	41.37%	51.25%	50.93%	44.09%	39.63%	44.07%
Profit (Net Income) Margin	30.48%	32.48%	32.73%	37.47%	38.28%	34.80%	42.33%	41.91%	36.60%	33.69%	36.31%
Tax Burden Percent	74.61%	73.62%	74.76%	84.53%	84.35%	84.12%	82.59%	82.28%	82.68%	83.00%	82.01%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.41%	102.45%	100.48%
Effective Tax Rate	25.39%	26.38%	25.24%	15.47%	15.65%	15.88%	17.41%	17.72%	17.32%	17.00%	17.99%
Return on Invested Capital (ROIC)	3.42%	3.77%	4.55%	5.80%	6.39%	6.14%	8.36%	10.92%	9.11%	7.48%	7.88%
ROIC Less NNEP Spread (ROIC-NNEP)	3.42%	3.77%	4.55%	5.80%	6.39%	6.14%	8.36%	10.92%	9.25%	7.89%	7.95%
Return on Net Nonoperating Assets (RNNOA)	6.43%	6.83%	6.52%	6.83%	6.25%	6.29%	7.09%	5.52%	3.39%	3.44%	4.96%
Return on Equity (ROE)	9.85%	10.59%	11.07%	12.62%	12.63%	12.44%	15.45%	16.43%	12.51%	10.91%	12.84%
Cash Return on Invested Capital (CROIC)	-9.99%	14.96%	14.15%	7.82%	7.49%	-13.85%	32.27%	24.80%	15.21%	-16.71%	-8.72%
Operating Return on Assets (OROA)	1.43%	1.49%	1.47%	1.47%	1.51%	1.46%	1.80%	1.80%	1.25%	1.04%	1.32%
Return on Assets (ROA)	1.06%	1.10%	1.10%	1.24%	1.27%	1.22%	1.48%	1.48%	1.04%	0.89%	1.09%
Return on Common Equity (ROCE)	9.85%	10.59%	11.07%	12.62%	12.63%	12.44%	15.45%	16.43%	12.51%	10.91%	12.84%
Return on Equity Simple (ROE_SIMPLE)	9.68%	10.44%	10.80%	12.29%	12.01%	12.13%	14.76%	17.03%	12.14%	10.71%	12.15%
Net Operating Profit after Tax (NOPAT)	16	18	20	24	26	27	36	39	29	27	34
NOPAT Margin	30.48%	32.48%	32.73%	37.47%	38.28%	34.80%	42.33%	41.91%	36.46%	33.14%	36.18%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.14%	-0.42%	-0.07%
SG&A Expenses to Revenue	38.68%	37.57%	37.90%	38.21%	37.41%	35.85%	33.59%	33.78%	38.01%	41.39%	38.29%
Operating Expenses to Revenue	56.23%	52.99%	52.88%	53.28%	52.75%	50.87%	49.19%	47.19%	54.26%	58.75%	53.77%
Earnings before Interest and Taxes (EBIT)	22	24	26	28	30	32	44	47	36	32	42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	29	31	32	34	37	49	50	38	36	46
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.87	1.44	1.17	1.11	1.22	1.03	1.22	1.28	1.20	1.19	1.02
Price to Tangible Book Value (P/TBV)	1.06	1.74	1.40	1.32	1.42	1.20	1.40	1.47	1.38	1.36	1.14
Price to Revenue (P/Rev)	2.75	4.47	3.55	3.40	3.90	2.97	3.50	3.14	3.62	3.75	3.05
Price to Earnings (P/E)	9.04	13.78	10.84	9.07	10.19	8.53	8.68	7.49	9.90	11.13	8.40
Dividend Yield	6.31%	3.91%	4.79%	5.39%	6.16%	5.77%	4.61%	4.99%	5.24%	5.26%	5.67%
Earnings Yield	11.06%	7.26%	9.23%	11.03%	9.81%	11.73%	11.52%	13.34%	10.11%	8.99%	11.91%
Enterprise Value to Invested Capital (EV/IC)	0.92	1.13	1.03	0.98	1.06	0.85	0.91	1.11	1.04	1.00	0.94
Enterprise Value to Revenue (EV/Rev)	8.76	9.19	7.03	6.25	6.29	5.27	4.08	3.97	4.05	4.95	4.70
Enterprise Value to EBITDA (EV/EBITDA)	18.97	17.70	13.37	12.39	12.47	11.18	7.17	7.33	8.56	11.15	9.71
Enterprise Value to EBIT (EV/EBIT)	21.44	20.82	16.07	14.10	13.86	12.74	7.95	7.79	9.18	12.50	10.66
Enterprise Value to NOPAT (EV/NOPAT)	28.73	28.28	21.49	16.68	16.43	15.15	9.63	9.47	11.10	14.95	12.98
Enterprise Value to Operating Cash Flow (EV/OCF)	22.45	24.04	18.90	11.60	16.10	18.11	6.16	8.96	8.84	15.26	11.76
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	7.12	6.91	12.36	14.02	0.00	2.49	4.17	6.65	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.01	1.62	1.26	1.10	0.87	1.17	0.56	0.45	0.29	0.58	0.66
Long-Term Debt to Equity	0.69	0.70	0.63	0.34	0.05	0.25	0.22	0.00	0.00	0.38	0.34
Financial Leverage	1.88	1.81	1.43	1.18	0.98	1.02	0.85	0.51	0.37	0.44	0.62
Leverage Ratio	9.26	9.64	10.05	10.16	9.93	10.16	10.41	11.10	12.05	12.32	11.81
Compound Leverage Factor	9.26	9.64	10.05	10.16	9.93	10.16	10.41	11.10	12.10	12.62	11.86
Debt to Total Capital	66.83%	61.78%	55.78%	52.34%	46.53%	53.94%	35.69%	31.13%	22.27%	36.68%	39.88%
Short-Term Debt to Total Capital	44.03%	35.17%	27.71%	36.13%	43.99%	42.60%	21.27%	31.11%	22.27%	12.86%	19.60%
Long-Term Debt to Total Capital	22.80%	26.61%	28.07%	16.20%	2.54%	11.34%	14.42%	0.03%	0.00%	23.82%	20.28%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.17%	38.22%	44.22%	47.66%	53.47%	46.06%	64.31%	68.87%	77.73%	63.32%	60.12%
Debt to EBITDA	13.75	9.69	7.26	6.64	5.50	7.13	2.80	2.06	1.83	4.10	4.10
Net Debt to EBITDA	13.00	9.08	6.63	5.65	4.73	4.89	1.01	1.53	0.90	2.71	3.40
Long-Term Debt to EBITDA	4.69	4.17	3.66	2.06	0.30	1.50	1.13	0.00	0.00	2.66	2.09
Debt to NOPAT	20.82	15.49	11.68	8.94	7.25	9.66	3.76	2.65	2.37	5.50	5.48
Net Debt to NOPAT	19.69	14.51	10.65	7.61	6.24	6.62	1.35	1.98	1.16	3.63	4.55
Long-Term Debt to NOPAT	7.10	6.67	5.88	2.77	0.40	2.03	1.52	0.00	0.00	3.57	2.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-47	72	61	32	30	-61	140	89	49	-59	-38
Operating Cash Flow to CapEx	2,261.94%	994.37%	1,083.32%	2,283.40%	1,656.26%	917.83%	1,510.20%	3,017.06%	1,402.70%	1,770.70%	1,182.43%
Free Cash Flow to Firm to Interest Expense	-4.79	6.62	4.50	1.56	1.14	-3.54	12.99	5.25	0.78	-0.70	-0.46
Operating Cash Flow to Interest Expense	2.10	1.96	1.65	1.66	1.00	1.31	5.26	2.44	0.59	0.31	0.46
Operating Cash Flow Less CapEx to Interest Expense	2.01	1.76	1.49	1.59	0.94	1.17	4.91	2.36	0.54	0.29	0.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.03	0.03	0.03
Fixed Asset Turnover	2.39	2.52	2.68	2.82	3.08	3.21	3.05	3.25	2.83	2.84	3.35
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	505	451	410	402	397	486	382	332	313	399	471
Invested Capital Turnover	0.11	0.12	0.14	0.15	0.17	0.18	0.20	0.26	0.25	0.23	0.22
Increase / (Decrease) in Invested Capital	63	-54	-41	-8.22	-4.40	88	-104	-50	-20	86	72
Enterprise Value (EV)	466	509	421	393	419	411	349	369	326	397	445
Market Capitalization	146	248	212	213	260	231	300	292	292	301	289
Book Value per Share	$15.58	$15.99	$16.75	$17.64	$19.50	$20.44	$22.34	$20.73	$21.91	$22.64	$25.24
Tangible Book Value per Share	$12.81	$13.22	$13.99	$14.89	$16.76	$17.64	$19.55	$17.96	$19.15	$19.89	$22.51
Total Capital	505	451	410	402	397	486	382	332	313	399	471
Total Debt	337	279	229	210	185	262	136	103	70	146	188
Total Long-Term Debt	115	120	115	65	10	55	55	0.08	0.00	95	96
Net Debt	319	261	209	179	159	180	49	77	34	97	156
Capital Expenditures (CapEx)	0.92	2.13	2.06	1.48	1.57	2.47	3.75	1.37	2.63	1.47	3.20
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.12	-0.45	-0.12
Net Nonoperating Obligations (NNO)	337	279	229	210	185	262	136	103	70	146	188
Total Depreciation and Amortization (D&A)	2.83	4.32	5.30	3.84	3.37	4.52	4.77	2.97	2.55	3.86	4.06
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.52	$1.68	$1.82	$2.18	$2.36	$2.50	$3.33	$0.00	$2.68	$2.45	$3.10
Adjusted Weighted Average Basic Shares Outstanding	10.77M	10.82M	10.85M	10.88M	10.92M	10.98M	11.02M	0.00	11.13M	11.20M	11.27M
Adjusted Diluted Earnings per Share	$1.51	$1.66	$1.81	$2.17	$2.34	$2.48	$3.30	$0.00	$2.66	$2.43	$3.07
Adjusted Weighted Average Diluted Shares Outstanding	10.77M	10.82M	10.85M	10.88M	10.92M	10.98M	11.02M	0.00	11.13M	11.20M	11.27M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.36	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.77M	10.82M	10.85M	10.88M	10.92M	10.98M	11.02M	0.00	11.13M	11.20M	11.27M
Normalized Net Operating Profit after Tax (NOPAT)	16	18	20	24	26	27	36	39	29	27	34
Normalized NOPAT Margin	30.48%	32.48%	32.73%	37.47%	38.28%	35.14%	42.33%	41.91%	36.46%	33.14%	36.18%
Pre Tax Income Margin	40.85%	44.12%	43.78%	44.33%	45.38%	41.37%	51.25%	50.93%	44.27%	40.60%	44.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.20	2.26	1.94	1.37	1.16	1.87	4.07	2.81	0.56	0.37	0.50
NOPAT to Interest Expense	1.64	1.67	1.45	1.16	0.98	1.57	3.37	2.31	0.47	0.31	0.41
EBIT Less CapEx to Interest Expense	2.11	2.07	1.78	1.30	1.10	1.72	3.73	2.73	0.52	0.36	0.47
NOPAT Less CapEx to Interest Expense	1.55	1.47	1.30	1.08	0.92	1.43	3.02	2.23	0.43	0.30	0.37
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.69%	54.47%	58.51%	51.21%	50.79%	49.13%	38.46%	37.90%	52.23%	58.43%	47.53%
Augmented Payout Ratio	58.80%	64.91%	59.29%	51.92%	51.50%	49.71%	39.15%	38.62%	53.08%	59.22%	48.35%

This table displays calculated financial ratios and metrics derived from First Bancorp, Inc (ME)'s official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	11,195,768.00	11,202,313.00	11,210,588.00	11,219,320.00	11,270,319.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	11,195,768.00	11,202,313.00	11,210,588.00	11,219,320.00	11,270,319.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	0.63	0.72	0.81	0.91	0.80
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-17.58%	-14.45%	-11.99%	-2.84%	3.42%	10.17%	14.54%	17.19%	19.53%	20.34%	15.32%
EBITDA Growth	-25.56%	-29.51%	-21.94%	-15.62%	3.22%	12.78%	18.35%	33.22%	19.68%	24.32%	25.69%
EBIT Growth	-26.88%	-29.62%	-24.60%	-17.76%	1.16%	1.58%	17.73%	34.23%	21.80%	29.66%	27.02%
NOPAT Growth	-26.28%	-29.45%	-24.46%	-17.67%	0.28%	12.23%	17.47%	32.35%	21.98%	36.29%	26.81%
Net Income Growth	-25.93%	-27.38%	-24.46%	-16.54%	1.30%	9.03%	17.54%	30.66%	19.96%	39.69%	27.07%
EPS Growth	-26.37%	-27.71%	-25.00%	-17.91%	1.49%	10.00%	16.67%	30.91%	19.12%	37.88%	26.98%
Operating Cash Flow Growth	-21.90%	22.16%	-129.66%	-41.24%	-5.20%	6.37%	245.62%	15.51%	32.22%	34.68%	944.63%
Free Cash Flow Firm Growth	-74.93%	-55.50%	-225.49%	-901.93%	-351.63%	-401.02%	48.57%	117.78%	88.29%	20.94%	29.92%
Invested Capital Growth	-8.46%	-5.92%	27.23%	37.17%	31.70%	27.51%	12.01%	-2.87%	4.84%	18.10%	8.41%
Revenue Q/Q Growth	0.25%	0.58%	-7.21%	3.84%	6.72%	7.14%	1.51%	3.38%	8.85%	5.35%	-2.73%
EBITDA Q/Q Growth	0.03%	-16.51%	-1.24%	2.30%	22.36%	-8.78%	-9.55%	15.15%	9.92%	8.59%	-8.56%
EBIT Q/Q Growth	-0.55%	-12.64%	-7.50%	2.35%	22.32%	-12.28%	-8.25%	16.70%	10.99%	9.11%	-10.12%
NOPAT Q/Q Growth	-0.84%	-12.78%	-7.20%	2.59%	20.78%	-2.39%	-2.87%	15.58%	11.31%	9.06%	-9.62%
Net Income Q/Q Growth	1.08%	-10.64%	-9.85%	2.49%	22.69%	-3.82%	-2.82%	13.93%	12.64%	12.00%	-11.59%
EPS Q/Q Growth	0.00%	-10.45%	-10.00%	1.85%	23.64%	-2.94%	-4.55%	14.29%	12.50%	12.35%	-12.09%
Operating Cash Flow Q/Q Growth	-5.18%	4.22%	-113.96%	526.05%	52.98%	16.93%	-80.89%	237.94%	75.12%	19.11%	48.20%
Free Cash Flow Firm Q/Q Growth	135.70%	-27.41%	-402.10%	-55.15%	26.04%	13.16%	48.39%	153.63%	-148.73%	-486.12%	54.25%
Invested Capital Q/Q Growth	-10.63%	0.99%	27.08%	19.60%	-14.20%	-2.22%	11.62%	3.72%	-7.39%	10.16%	2.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	49.35%	40.96%	43.60%	42.95%	49.25%	41.93%	43.84%	48.83%	49.31%	50.83%	47.78%
EBIT Margin	45.35%	39.39%	39.27%	38.70%	44.36%	36.32%	39.27%	44.33%	45.20%	46.81%	43.25%
Profit (Net Income) Margin	37.66%	33.46%	32.51%	32.09%	36.89%	33.12%	32.46%	35.78%	37.02%	39.36%	35.77%
Tax Burden Percent	82.69%	82.56%	82.80%	82.61%	82.63%	83.89%	82.63%	81.83%	81.97%	81.76%	82.47%
Interest Burden Percent	100.43%	102.90%	100.00%	100.36%	100.64%	108.69%	100.05%	98.62%	99.91%	102.83%	100.28%
Effective Tax Rate	17.31%	17.44%	17.20%	17.39%	17.37%	16.11%	17.37%	18.17%	18.03%	18.24%	17.53%
Return on Invested Capital (ROIC)	9.72%	8.13%	7.16%	6.06%	7.93%	7.47%	6.39%	6.69%	8.02%	8.36%	7.54%
ROIC Less NNEP Spread (ROIC-NNEP)	9.76%	8.35%	7.16%	6.06%	8.02%	7.47%	6.40%	6.63%	8.01%	8.51%	7.55%
Return on Net Nonoperating Assets (RNNOA)	4.40%	3.06%	3.63%	4.39%	3.88%	3.26%	4.33%	5.55%	4.58%	5.31%	5.27%
Return on Equity (ROE)	14.12%	11.19%	10.78%	10.45%	11.81%	10.73%	10.73%	12.23%	12.61%	13.67%	12.81%
Cash Return on Invested Capital (CROIC)	18.72%	15.21%	-16.20%	-24.94%	-19.99%	-16.71%	-4.66%	9.31%	2.82%	-8.72%	-0.28%
Operating Return on Assets (OROA)	1.34%	1.12%	1.06%	1.01%	1.14%	0.96%	1.06%	1.22%	1.29%	1.40%	1.33%
Return on Assets (ROA)	1.11%	0.95%	0.88%	0.84%	0.95%	0.87%	0.87%	0.98%	1.05%	1.18%	1.10%
Return on Common Equity (ROCE)	14.12%	11.19%	10.78%	10.45%	11.81%	10.73%	10.73%	12.23%	12.61%	13.67%	12.81%
Return on Equity Simple (ROE_SIMPLE)	14.13%	0.00%	11.36%	10.77%	10.30%	0.00%	10.82%	11.30%	11.47%	0.00%	12.66%
Net Operating Profit after Tax (NOPAT)	7.44	6.49	6.02	6.18	7.46	7.28	7.07	8.18	9.10	9.92	8.97
NOPAT Margin	37.49%	32.51%	32.51%	32.12%	36.35%	33.12%	32.44%	36.27%	37.09%	38.40%	35.68%
Net Nonoperating Expense Percent (NNEP)	-0.03%	-0.22%	0.00%	0.00%	-0.09%	0.00%	0.00%	0.05%	0.01%	-0.15%	-0.01%
SG&A Expenses to Revenue	38.85%	38.72%	44.88%	40.58%	40.76%	39.76%	42.15%	38.11%	36.60%	36.80%	39.10%
Operating Expenses to Revenue	55.46%	56.05%	63.50%	58.50%	58.47%	55.23%	58.91%	54.13%	51.99%	50.81%	54.16%
Earnings before Interest and Taxes (EBIT)	9.00	7.86	7.27	7.44	9.10	7.99	8.56	9.99	11	12	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9.79	8.18	8.08	8.26	10	9.22	9.56	11	12	13	12
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.07	1.20	1.10	1.11	1.13	1.19	0.99	1.06	1.06	1.02	1.09
Price to Tangible Book Value (P/TBV)	1.24	1.38	1.26	1.27	1.28	1.36	1.13	1.20	1.19	1.14	1.22
Price to Revenue (P/Rev)	2.89	3.62	3.41	3.51	3.70	3.75	3.11	3.25	3.21	3.05	3.18
Price to Earnings (P/E)	13.26	9.90	8.57	9.14	9.66	11.13	9.19	9.36	9.21	8.40	8.59
Dividend Yield	6.26%	5.24%	5.81%	5.72%	5.43%	5.26%	6.20%	5.74%	5.60%	5.67%	5.31%
Earnings Yield	7.54%	10.11%	11.67%	10.94%	10.35%	8.99%	10.88%	10.68%	10.86%	11.91%	11.64%
Enterprise Value to Invested Capital (EV/IC)	0.83	1.04	0.99	0.93	0.95	1.00	0.93	0.97	0.95	0.94	0.94
Enterprise Value to Revenue (EV/Rev)	3.06	4.05	5.05	5.70	4.96	4.95	4.99	5.17	4.48	4.70	4.63
Enterprise Value to EBITDA (EV/EBITDA)	6.15	8.56	11.00	12.89	11.21	11.15	10.66	10.78	9.05	9.71	9.41
Enterprise Value to EBIT (EV/EBIT)	6.62	9.18	11.88	14.01	12.25	12.50	11.91	12.01	10.01	10.66	10.30
Enterprise Value to NOPAT (EV/NOPAT)	8.04	11.10	14.30	16.79	14.67	14.95	14.74	14.88	12.83	12.98	12.55
Enterprise Value to Operating Cash Flow (EV/OCF)	7.36	8.84	12.98	17.08	15.30	15.26	13.94	14.53	11.94	11.76	7.77
Enterprise Value to Free Cash Flow (EV/FCFF)	4.25	6.65	0.00	0.00	0.00	0.00	0.00	10.23	34.32	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.37	0.29	0.64	0.94	0.59	0.58	0.71	0.74	0.56	0.66	0.68
Long-Term Debt to Equity	0.00	0.00	0.29	0.29	0.37	0.38	0.27	0.36	0.35	0.34	0.33
Financial Leverage	0.45	0.37	0.51	0.72	0.48	0.44	0.68	0.84	0.57	0.62	0.70
Leverage Ratio	12.72	12.05	12.29	12.50	12.59	12.32	12.27	12.32	11.93	11.81	11.69
Compound Leverage Factor	12.77	12.40	12.29	12.55	12.67	13.39	12.28	12.15	11.92	12.14	11.72
Debt to Total Capital	26.80%	22.27%	38.95%	48.52%	37.03%	36.68%	41.66%	42.49%	35.78%	39.88%	40.57%
Short-Term Debt to Total Capital	26.80%	22.27%	21.33%	33.79%	13.74%	12.86%	25.94%	21.91%	13.44%	19.60%	20.78%
Long-Term Debt to Total Capital	0.00%	0.00%	17.61%	14.73%	23.30%	23.82%	15.73%	20.58%	22.34%	20.28%	19.79%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.20%	77.73%	61.05%	51.48%	62.97%	63.32%	58.34%	57.51%	64.22%	60.12%	59.43%
Debt to EBITDA	1.98	1.83	4.32	6.72	4.36	4.10	4.77	4.74	3.43	4.10	4.06
Net Debt to EBITDA	0.35	0.90	3.57	4.95	2.85	2.71	4.02	4.00	2.56	3.40	2.95
Long-Term Debt to EBITDA	0.00	0.00	1.95	2.04	2.74	2.66	1.80	2.29	2.14	2.09	1.98
Debt to NOPAT	2.59	2.37	5.61	8.75	5.71	5.50	6.60	6.54	4.86	5.48	5.41
Net Debt to NOPAT	0.46	1.16	4.64	6.44	3.73	3.63	5.55	5.52	3.62	4.55	3.93
Long-Term Debt to NOPAT	0.00	0.00	2.54	2.66	3.59	3.57	2.49	3.17	3.03	2.79	2.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	36	26	-79	-123	-91	-79	-41	22	-11	-62	-28
Operating Cash Flow to CapEx	617.40%	2,807.85%	-459.20%	10,810.17%	8,790.09%	1,170.15%	163.91%	6,462.28%	4,031.56%	1,071.55%	4,329.47%
Free Cash Flow to Firm to Interest Expense	2.08	1.38	-3.93	-5.71	-4.14	-3.67	-1.94	1.02	-0.51	-3.17	-1.54
Operating Cash Flow to Interest Expense	0.59	0.57	-0.07	0.30	0.45	0.53	0.10	0.34	0.62	0.78	1.23
Operating Cash Flow Less CapEx to Interest Expense	0.50	0.55	-0.09	0.29	0.44	0.49	0.04	0.34	0.60	0.71	1.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	2.93	2.83	2.75	2.78	2.78	2.84	2.91	3.08	3.26	3.35	3.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	310	313	397	475	408	399	445	462	428	471	483
Invested Capital Turnover	0.26	0.25	0.22	0.19	0.22	0.23	0.20	0.18	0.22	0.22	0.21
Increase / (Decrease) in Invested Capital	-29	-20	85	129	98	86	48	-14	20	72	37
Enterprise Value (EV)	257	326	394	442	388	397	414	446	404	445	454
Market Capitalization	243	292	266	273	289	301	258	281	290	289	312
Book Value per Share	$20.45	$21.91	$21.80	$21.97	$23.04	$22.64	$23.19	$23.70	$24.49	$25.24	$25.45
Tangible Book Value per Share	$17.68	$19.15	$19.05	$19.22	$20.29	$19.89	$20.46	$20.96	$21.76	$22.51	$22.73
Total Capital	310	313	397	475	408	399	445	462	428	471	483
Total Debt	83	70	155	231	151	146	185	196	153	188	196
Total Long-Term Debt	0.00	0.00	70	70	95	95	70	95	96	96	96
Net Debt	15	34	128	170	99	97	156	166	114	156	142
Capital Expenditures (CapEx)	1.67	0.38	0.33	0.06	0.11	0.98	1.33	0.11	0.32	1.43	0.53
Net Nonoperating Expense (NNE)	-0.03	-0.19	0.00	0.01	-0.11	0.00	-0.00	0.11	0.02	-0.25	-0.02
Net Nonoperating Obligations (NNO)	83	70	155	231	151	146	185	196	153	188	196
Total Depreciation and Amortization (D&A)	0.79	0.31	0.80	0.82	1.00	1.24	1.00	1.01	1.01	1.04	1.14
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.68	$0.60	$0.55	$0.56	$0.69	$0.65	$0.64	$0.73	$0.82	$0.91	$0.81
Adjusted Weighted Average Basic Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Adjusted Diluted Earnings per Share	$0.67	$0.60	$0.54	$0.55	$0.68	$0.66	$0.63	$0.72	$0.81	$0.91	$0.80
Adjusted Weighted Average Diluted Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	11.09M	11.13M	11.14M	11.14M	11.15M	11.20M	11.20M	11.21M	11.22M	11.27M	11.28M
Normalized Net Operating Profit after Tax (NOPAT)	7.44	6.49	6.02	6.18	7.46	7.28	7.07	8.18	9.10	9.92	8.97
Normalized NOPAT Margin	37.49%	32.51%	32.51%	32.12%	36.35%	33.12%	32.44%	36.27%	37.09%	38.40%	35.68%
Pre Tax Income Margin	45.55%	40.53%	39.27%	38.84%	44.64%	39.47%	39.29%	43.72%	45.16%	48.14%	43.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.52	0.41	0.36	0.35	0.42	0.37	0.41	0.47	0.53	0.62	0.59
NOPAT to Interest Expense	0.43	0.34	0.30	0.29	0.34	0.34	0.34	0.38	0.43	0.51	0.49
EBIT Less CapEx to Interest Expense	0.42	0.39	0.35	0.34	0.41	0.33	0.35	0.46	0.51	0.54	0.56
NOPAT Less CapEx to Interest Expense	0.33	0.32	0.28	0.28	0.34	0.29	0.27	0.38	0.42	0.43	0.46
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	47.72%	52.23%	56.41%	59.53%	59.80%	58.43%	56.21%	53.12%	51.01%	47.53%	45.40%
Augmented Payout Ratio	48.50%	53.08%	57.23%	60.34%	60.61%	59.22%	57.20%	54.03%	51.91%	48.35%	46.18%

Financials Breakdown Chart

Key Financial Trends

First Bancorp, Inc. (NASDAQ: FNLC) turned in a solid start to 2026, with Q1 earnings holding up well despite a more mixed trend in funding costs, deposits, and loan growth over the past year.

For the quarter ended March 31, 2026, FNLC reported net income of $9.0 million, up from $8.1 million in Q2 2025 and $7.1 million in Q1 2025. EPS rose to $0.81 from $0.73 a year ago, showing improved profitability on a per-share basis.

Revenue was also healthy. Total revenue came in at $25.1 million, compared with $22.5 million in Q2 2025 and $21.8 million in Q1 2025. Net interest income improved to $20.7 million, supported by higher loan balances and stable loan income, while non-interest income contributed another $4.5 million.

On the balance sheet, FNLC remains well-capitalized in a basic sense, with $286.8 million of common equity against $3.20 billion of assets. Loans and leases net of allowance increased to $2.38 billion, up from $2.36 billion in the prior quarter, suggesting the loan book is still expanding.

That said, the quarter also showed a few caution flags. Deposits fell meaningfully in Q1 2026, with the company recording $58.5 million of net deposit change in the quarter, while financing cash flow was modest and cash and equivalents declined by $4.2 million. The company also continued to carry a relatively high level of funding leverage, including $100.3 million of short-term debt and $95.5 million of long-term debt.

Looking at the longer trend, FNLC has generally produced steady quarterly earnings in the $7 million to $10 million range over the last several years, with periods of stronger revenue and occasional swings in non-interest items and deposit flows. The main theme is consistency, not explosive growth.

Bottom line: FNLC’s latest quarter looks financially stable and profitable, with improving earnings and revenue. Investors should keep an eye on deposit trends and funding costs, since those could influence future margins and earnings quality.

Q1 2026 net income increased to $9.0 million from $8.1 million in Q2 2025.
EPS improved to $0.81 versus $0.73 a year earlier.
Total revenue rose to $25.1 million, up from $21.8 million in Q1 2025.
Net interest income strengthened to $20.7 million, supporting core banking profitability.
Loan balances continued to grow, with net loans and leases rising to $2.38 billion.
Provision for credit losses remained manageable at $650,000 in Q1 2026.
Non-interest income stayed positive at $4.5 million, helping diversify revenue.
Quarterly earnings have been fairly consistent over the last several years, generally staying in a narrow band.
Deposit levels appear uneven, which can pressure funding stability and margins.
Short-term debt remains elevated at $100.3 million, adding funding risk if rates stay high.

From a retail investor perspective, FNLC looks like a stable community bank with respectable profitability, but not a high-growth story. The key question going forward is whether it can keep growing loans and earnings while managing deposit costs and balance sheet funding pressure.

07/17/26 01:55 AM ETAI Generated. May Contain Errors.

First Bancorp, Inc (ME) Financials - Frequently Asked Questions

According to the most recent income statement we have on file, First Bancorp, Inc (ME)'s financial year ends in December. Their financial year 2025 ended on December 31, 2025.

First Bancorp, Inc (ME)'s net income appears to be on an upward trend, with a most recent value of $34.39 million in 2025, rising from $16.21 million in 2015. The previous period was $27.05 million in 2024. View First Bancorp, Inc (ME)'s forecast to see where analysts expect First Bancorp, Inc (ME) to go next.

Over the last 10 years, First Bancorp, Inc (ME)'s total revenue changed from $53.17 million in 2015 to $94.72 million in 2025, a change of 78.2%.

First Bancorp, Inc (ME)'s total liabilities were at $2.88 billion at the end of 2025, a 0.7% decrease from 2024, and a 106.3% increase since 2015.

In the past 10 years, First Bancorp, Inc (ME)'s cash and equivalents has ranged from $14.30 million in 2015 to $31.94 million in 2023, and is currently $27.78 million as of their latest financial filing in 2025.

Over the last 10 years, First Bancorp, Inc (ME)'s book value per share changed from 15.58 in 2015 to 25.24 in 2025, a change of 62.0%.

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Financial statements for NASDAQ:FNLC last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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First Bancorp, Inc (ME) (FNLC) Financials

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First Bancorp, Inc (ME) (FNLC) Financials

Annual Income Statements for First Bancorp, Inc (ME)

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Financials Breakdown Chart

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First Bancorp, Inc (ME) Financials - Frequently Asked Questions

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