First Bancorp Stock Today

FNLC Stock  USD 28.60  0.55  1.96%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
First Bancorp is trading at 28.60 as of the 22nd of November 2024, a 1.96 percent increase since the beginning of the trading day. The stock's open price was 28.05. First Bancorp has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for First Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
15th of July 1999
Category
Financial Services
Classification
Financials
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. The company has 11.15 M outstanding shares of which 31.89 K shares are currently shorted by private and institutional investors with about 2.56 trading days to cover. More on First Bancorp

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First Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOTony McKim
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01290.01
Significantly Up
Slightly volatile
Asset Turnover0.02690.027
Slightly Down
Pretty Stable
Total Current Liabilities47.2 M49.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total2.8 B2.7 B
Sufficiently Up
Slightly volatile
Total Assets3.1 B2.9 B
Sufficiently Up
Slightly volatile
Total Current Assets610.2 M311.1 M
Way Up
Slightly volatile
Debt Levels
First Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Bancorp's financial leverage. It provides some insight into what part of First Bancorp's total assets is financed by creditors.
Liquidity
First Bancorp currently holds 20.08 M in liabilities with Debt to Equity (D/E) ratio of 8.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Bancorp's use of debt, we should always consider it together with its cash and equity.

Change In Cash

9.67 Million
First Bancorp (FNLC) is traded on NASDAQ Exchange in USA. It is located in 223 Main Street, Damariscotta, ME, United States, 04543 and employs 271 people. First Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 312.81 M. First Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 11.15 M outstanding shares of which 31.89 K shares are currently shorted by private and institutional investors with about 2.56 trading days to cover. First Bancorp currently holds about 99.19 M in cash with 36.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.98.
Check First Bancorp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of First Bancorp is $312.81 Million. Over half of First Bancorp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check First Ownership Details

First Stock Institutional Holders

InstituionRecorded OnShares
Foundry Partners, Llc2024-09-30
71.2 K
Bank Of New York Mellon Corp2024-06-30
49.7 K
Lsv Asset Management2024-09-30
44.8 K
Kimelman & Baird, Llc2024-06-30
34.1 K
Coston, Mcisaac & Partners2024-09-30
32 K
Royal Bank Of Canada2024-06-30
31.5 K
Charles Schwab Investment Management Inc2024-09-30
28.9 K
Nuveen Asset Management, Llc2024-06-30
28.5 K
Stifel Financial Corp2024-06-30
28.5 K
Blackrock Inc2024-06-30
772.1 K
First Bancorp, Inc /me/2024-09-30
726.3 K
View First Bancorp Diagnostics

First Bancorp Historical Income Statement

At present, First Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 134.6 M, whereas Depreciation And Amortization is forecasted to decline to about 24.7 K. View More Fundamentals

First Stock Against Markets

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 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 bureau of economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.015
Dividend Share
1.42
Earnings Share
2.38
Revenue Per Share
7.084
Quarterly Revenue Growth
0.056
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.