First Net Income from 2010 to 2026

FNLC Stock  USD 26.49  0.53  1.96%   
First Bancorp's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 36.1 M this year. During the period from 2010 to 2026 First Bancorp Net Income annual values regression line had geometric mean of  19,755,233 and mean square error of 15.9 T. View All Fundamentals
 
Net Income  
First Reported
1995-06-30
Previous Quarter
9.1 M
Current Value
10.2 M
Quarterly Volatility
2.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check First Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 87 M or Selling General Administrative of 38.1 M, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0274 or PTB Ratio of 2.26. First financial statements analysis is a perfect complement when working with First Bancorp Valuation or Volatility modules.
  
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Check out the analysis of First Bancorp Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Bancorp's Net Income Growth Pattern

Below is the plot of the Net Income of First Bancorp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Bancorp financial statement analysis. It represents the amount of money remaining after all of First Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Bancorp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bancorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 27.05 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean22,809,982
Geometric Mean19,755,233
Coefficient Of Variation45.17
Mean Deviation8,615,395
Median23,536,000
Standard Deviation10,302,877
Sample Variance106.1T
Range36.3M
R-Value0.93
Mean Square Error15.9T
R-Squared0.86
Slope1,891,573
Total Sum of Squares1698.4T

First Net Income History

202636.1 M
202534.4 M
202427 M
202329.5 M
202239 M
202136.3 M
202027.1 M

Other Fundumenentals of First Bancorp

First Bancorp Net Income component correlations

About First Bancorp Financial Statements

First Bancorp stakeholders use historical fundamental indicators, such as First Bancorp's Net Income, to determine how well the company is positioned to perform in the future. Although First Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Bancorp's assets and liabilities are reflected in the revenues and expenses on First Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income31.1 M16.2 M
Net Income Applicable To Common Shares44.8 M47.1 M
Net Income From Continuing Ops31.1 M27.1 M
Net Income Per Share 2.20  1.12 
Net Income Per E B T 0.82  0.60 

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When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out the analysis of First Bancorp Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Regional Banks sector continue expanding? Could First diversify its offerings? Factors like these will boost the valuation of First Bancorp. Market participants price First higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every First Bancorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.406
Dividend Share
1.47
Earnings Share
3.07
Revenue Per Share
8.37
Quarterly Revenue Growth
0.228
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, First Bancorp's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.