First Bancorp Financials

FNLC Stock  USD 27.02  0.08  0.30%   
Based on the analysis of First Bancorp's profitability, liquidity, and operating efficiency, First Bancorp is performing exceptionally good at this time. It has a great probability to report excellent financial results in February. At present, First Bancorp's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 252.5 M, whereas Other Current Liabilities is forecasted to decline to about 1.1 B.
 
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First Bancorp Balance Sheet Chart

At present, First Bancorp's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 252.5 M, whereas Other Current Liabilities is forecasted to decline to about 1.1 B.
Key indicators impacting First Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.2146
Fairly Down
Very volatile
Return On Assets0.01280.0109
Fairly Up
Slightly volatile
Return On Equity0.130.1215
Notably Up
Slightly volatile
Debt Equity Ratio0.630.6633
Notably Down
Slightly volatile
Operating Income44 M41.9 M
Sufficiently Up
Slightly volatile
Current Ratio0.220.213
Sufficiently Up
Pretty Stable
The financial analysis of First Bancorp is a critical element in measuring its lifeblood. Investors should not minimize First Bancorp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

36.11 Million

  
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Understanding current and past First Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in First Bancorp's assets may result in an increase in income on the income statement.
Please note, the presentation of First Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Bancorp's management manipulating its earnings.

First Bancorp Stock Summary

First Bancorp competes with Colony Bankcorp, Plumas Bancorp, FS Bancorp, Waterstone Financial, and Timberland Bancorp. 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. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS31866P1021
Business Address223 Main Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.thefirst.com
Phone207 563 3195
CurrencyUSD - US Dollar

First Bancorp Key Financial Ratios

First Bancorp Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets2.5B2.7B2.9B3.2B3.2B3.3B
Other Current Liab2.1B1.7B2.6B2.7B1.4B1.1B
Net Debt49.0M77.1M34.2M96.5M187.8M181.0M
Retained Earnings180.4M204.3M211.9M222.8M240.5M252.5M
Cash87.3M26.4M35.4M49.7M27.8M25.0M
Other Assets1.4B1.7B(275.7M)2.8B2.8B2.9B
Net Receivables7.5M9.8M11.9M14.0M16.1M16.9M
Total Liab2.3B2.5B2.7B2.9B2.9B3.0B
Total Current Assets415.4M320.8M329.4M338.4M306.4M184.0M
Short Term Debt81.3M103.5M69.7M51.3M46.2M43.8M
Other Liab19.2M30.9M21.8M22.2M25.6M14.7M
Accounts Payable1.7B1.8B2.1B2.4B2.7B2.9B
Long Term Debt55.1M136.3M103.5M95M109.3M98.7M
Inventory(92.6M)(94.9M)(36.3M)18.9M17.0M17.8M
Other Current Assets94.9M36.3M47.3M14.2M12.8M12.1M
Intangible Assets2.0M2.7M2.5M2.2M2.0M1.9M
Net Tangible Assets182.7M193.1M215.0M198.3M228.0M165.3M
Long Term Debt Total10.1M55.1M55.1M84K75.6K71.8K
Capital Surpluse64.0M65.3M66.8M68.4M78.7M64.7M

First Bancorp Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense10.8M16.9M63.0M84.9M82.9M87.0M
Total Revenue96.5M109.9M128.2M165.4M177.6M186.5M
Gross Profit86.1M91.3M128.2M79.7M92.9M49.7M
Operating Income43.9M47.4M2.7M32.6M41.9M44.0M
Ebit43.9M47.4M2.7M32.6M37.5M19.7M
Ebitda46.0M49.4M2.7M34.8M41.9M21.8M
Cost Of Revenue10.4M18.6M15.4M85.7M84.7M89.0M
Income Before Tax43.9M47.4M35.7M32.6M41.9M21.7M
Net Income36.3M39.0M29.5M27.0M34.4M36.1M
Income Tax Expense7.6M8.4M6.2M5.5M7.5M4.8M
Tax Provision7.6M8.4M6.2M5.5M6.4M6.7M
Net Interest Income66.3M76.2M65.2M63.9M73.5M62.2M
Interest Income77.1M93.0M128.2M148.8M171.2M92.3M

First Bancorp Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash(5.6M)2.1M9.2M(4.3M)(5.0M)(4.7M)
Free Cash Flow52.9M39.8M34.3M24.6M28.3M18.8M
Depreciation2.0M2.0M2.1M2.2M2.5M1.4M
Other Non Cash Items7.3M3.6M1.6M1.2M1.4M1.3M
Dividends Paid13.9M14.8M(15.4M)(15.8M)(18.2M)(17.3M)
Capital Expenditures3.8M1.4M2.6M1.5M1.7M1.8M
Net Income36.3M39.0M29.5M27.0M31.1M16.2M
End Period Cash Flow20.6M22.7M31.9M27.6M31.8M18.1M
Investments(193.6M)(310.7M)(199.8M)(217.4M)(195.7M)(185.9M)
Net Borrowings(125.7M)(32.9M)(33.8M)76.6M69.0M72.4M
Change To Netincome2.3M595K6.4M3.0M2.7M3.6M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Bancorp's current stock value. Our valuation model uses many indicators to compare First Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Bancorp competition to find correlations between indicators driving First Bancorp's intrinsic value. More Info.
First Bancorp is rated # 4 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Bancorp is roughly  11.78 . At present, First Bancorp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Bancorp's earnings, one of the primary drivers of an investment's value.
Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Issuance Of Capital Stock is forecasted to decline to about 803.2 K.
 2023 2024 2025 2026 (projected)
Interest Expense63.0M84.9M82.9M87.0M
Depreciation And Amortization26K2.2M2.5M1.3M

First Bancorp fundamental ratios Correlations

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0.460.210.690.730.780.80.050.390.580.610.33-0.021.00.2-0.770.80.040.820.450.25-0.770.150.750.390.27
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Click cells to compare fundamentals

First Bancorp Account Relationship Matchups

First Bancorp fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets2.5B2.7B2.9B3.2B3.2B3.3B
Other Current Liab2.1B1.7B2.6B2.7B1.4B1.1B
Net Debt49.0M77.1M34.2M96.5M187.8M181.0M
Retained Earnings180.4M204.3M211.9M222.8M240.5M252.5M
Cash87.3M26.4M35.4M49.7M27.8M25.0M
Other Assets1.4B1.7B(275.7M)2.8B2.8B2.9B
Net Receivables7.5M9.8M11.9M14.0M16.1M16.9M
Total Liab2.3B2.5B2.7B2.9B2.9B3.0B
Total Current Assets415.4M320.8M329.4M338.4M306.4M184.0M
Short Term Debt81.3M103.5M69.7M51.3M46.2M43.8M
Other Liab19.2M30.9M21.8M22.2M25.6M14.7M
Accounts Payable1.7B1.8B2.1B2.4B2.7B2.9B
Long Term Debt55.1M136.3M103.5M95M109.3M98.7M
Inventory(92.6M)(94.9M)(36.3M)18.9M17.0M17.8M
Other Current Assets94.9M36.3M47.3M14.2M12.8M12.1M
Intangible Assets2.0M2.7M2.5M2.2M2.0M1.9M
Net Tangible Assets182.7M193.1M215.0M198.3M228.0M165.3M
Long Term Debt Total10.1M55.1M55.1M84K75.6K71.8K
Capital Surpluse64.0M65.3M66.8M68.4M78.7M64.7M
Today, most investors in First Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.42)

At present, First Bancorp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

First Bancorp January 27, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Bancorp's daily price indicators and compare them against related drivers.

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When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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