First Bancorp Inc

First Bancorp Inc

FNLC · NASDAQ · Financial Services / Banks - Regional

37.03USD+0.25 (+0.68%)

Price History

Full chart

Market Stats

Previous Close36.78
Open36.83
Day Range36.65 – 37.21
52-Week Range23.20 – 36.30
Volume28.54K
Market Cap387.55M
P/E (TTM)10.19
Forward P/E12.20
EPS3.37
Dividend Yield4.44%
Beta0.47
50-Day Avg34.92
200-Day Avg30.42

About

The First Bancorp, Inc. operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers. It accepts various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans, such as mortgage loans to finance investments in real property, which includes retail spaces, 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 loans for financing working capital and/or capital investment. In addition, it offers commercial multifamily loans; residential real estate term and 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, as well as brokerage, annuity, and various insurance products. 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.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Tony C. McKim
  • Employees278
  • Headquarters223 Main Street, Damariscotta, ME, United States, 04543, USA
  • Websitehttps://www.thefirst.com

Leadership

  • Mr. Tony C. McKimPresident, CEO & Director · b. 1967
  • Mr. Richard M. ElderExecutive VP, CFO & Treasurer · b. 1965
  • Mr. Brad A. MartinExecutive VP & Chief Information Officer · b. 1984
  • Mr. Christopher J. AustinChief Legal Counsel & Executive VP · b. 1974

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.87M9.58M11.21M23.60M26.30M30.89M33.96M34.26M32.69M35.20M59.47M74.51M81.87M81.02M75.32M66.39M67.45M63.10M62.02M62.07M63.04M66.26M73.38M83.14M92.84M95.24M96.46M109.91M128.17M165.43M177.61M
Growth (%)-+8.01%+17.01%+110.62%+11.44%+17.45%+9.94%+0.88%-4.58%+7.67%+68.96%+25.30%+9.87%-1.04%-7.03%-11.85%+1.59%-6.45%-1.71%+0.08%+1.56%+5.10%+10.75%+13.30%+11.66%+2.58%+1.29%+13.94%+16.62%+29.06%+7.37%
Cost of Revenue7.73M8.23M9.60M10.90M12.20M15.85M16.26M13.53M10.70M9.90M19.05M34.91M41.32M38.37M31.08M25.07M25.26M20.77M16.70M12.57M11.42M12.41M15.53M21.83M27.41M23.34M10.40M18.62M15.44M85.69M84.74M
Gross Profit1.14M1.35M1.60M12.70M14.10M15.04M17.70M20.73M21.98M25.29M40.42M39.60M40.55M42.65M44.25M41.32M42.19M42.33M45.33M49.49M51.62M53.85M57.85M61.31M65.43M71.90M86.06M91.29M128.17M79.74M92.87M
Gross Margin12.81%14.06%14.32%53.81%53.61%48.68%52.12%60.51%67.26%71.86%67.97%53.14%49.53%52.64%58.74%62.24%62.55%67.08%73.08%79.74%81.88%81.27%78.84%73.74%70.48%75.50%89.22%83.06%100.00%48.20%52.29%
Operating Expense-2.85M-3.67M-4.08M7.00M7.70M8.54M9.98M11.54M11.60M13.37M22.52M22.44M22.18M22.99M26.66M25.13M26.04M26.27M28.94M30.22M29.90M29.38M31.65M33.47M35.17M39.65M42.15M43.90M125.47M47.16M50.93M
Operating Income3.99M5.01M5.68M5.70M6.40M6.50M7.72M9.19M10.38M11.92M17.90M17.16M18.37M19.66M17.59M16.19M16.16M16.06M16.39M19.27M21.72M24.46M26.20M27.84M30.26M32.25M43.91M47.39M2.70M32.58M41.94M
Operating Margin45.00%52.33%50.71%24.15%24.33%21.04%22.74%26.81%31.77%33.87%30.10%23.03%22.43%24.26%23.35%24.39%23.95%25.45%26.43%31.05%34.45%36.92%35.70%33.49%32.59%33.86%45.52%43.11%2.11%19.70%23.61%
EBITDA4.52M5.54M6.26M6.40M6.90M7.03M8.49M10.14M11.35M13.02M19.75M18.56M16.82M20.89M19.07M17.59M17.51M17.37M18.12M20.94M23.44M26.21M28.06M29.63M32.20M34.47M45.95M49.37M2.70M34.79M44.15M
EBITDA Margin50.96%57.86%55.90%27.12%26.24%22.75%25.01%29.59%34.73%36.99%33.22%24.90%20.55%25.78%25.32%26.49%25.96%27.53%29.21%33.73%37.18%39.55%38.24%35.64%34.68%36.19%47.64%44.92%2.11%21.03%24.86%
Net Income2.72M3.42M3.91M4.00M4.50M4.61M5.49M6.51M7.43M8.51M12.84M12.29M13.10M14.03M13.04M12.12M12.36M12.69M12.96M14.71M16.21M18.01M19.59M23.54M25.52M27.13M36.27M38.99M29.52M27.05M34.39M
Net Income Margin30.68%35.76%34.86%16.95%17.11%14.91%16.17%18.99%22.72%24.18%21.60%16.50%16.00%17.32%17.31%18.25%18.33%20.11%20.90%23.70%25.71%27.18%26.69%28.31%27.49%28.49%37.60%35.47%23.03%16.35%19.36%
R&D---------------00000000--------
R&D as % of Total Revenue---------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense7.73M8.17M9.50M10.50M11.60M15.15M15.03M12.20M9.80M9.02M18.85M33.59M39.88M33.67M18.92M16.67M14.71M12.94M12.50M11.43M9.87M10.81M13.53M20.33M26.16M17.29M10.78M16.87M62.97M84.92M82.89M
Interest Expense % of Total Revenue87.19%85.32%84.76%44.49%44.11%49.05%44.26%35.62%29.97%25.64%31.70%45.08%48.72%41.56%25.11%25.11%21.81%20.50%20.15%18.41%15.66%16.32%18.44%24.46%28.18%18.15%11.17%15.35%49.13%51.34%46.67%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets212.28M230.77M266.28M286.80M341.30M393.22M434.47M494.07M568.81M634.24M1.04B1.10B1.22B1.33B1.33B1.39B1.37B1.42B1.46B1.48B1.56B1.71B1.84B1.95B2.07B2.36B2.53B2.74B2.95B3.16B3.17B
Total Liabilities192.72M208.29M240.39M258.00M312.60M360.06M397.13M451.37M521.09M581.42M938.76M997.54M1.11B1.21B1.18B1.24B1.22B1.26B1.32B1.32B1.40B1.54B1.66B1.75B1.86B2.14B2.28B2.51B2.70B2.90B2.88B
Total Equity19.57M22.48M25.89M28.80M28.70M33.16M37.33M42.70M47.72M52.81M103.45M107.33M112.67M117.18M147.94M149.85M150.86M156.42M146.10M161.55M167.50M172.52M181.32M191.54M212.51M223.73M245.66M228.92M243.08M252.49M283.14M
Cash8.10M7.00M5.68M6.30M8.20M10.32M10.89M14.18M17.09M14.77M25.98M24.19M17.25M16.86M15.33M13.94M14.12M16.60M19.13M16.62M18.31M17.66M20.07M31.21M25.74M82.36M87.31M26.42M35.43M49.74M31.90M
Total Debt41.23M51.15M69.04M54.50M105.10M102.92M131.36M113.36M157.82M207.21M215.19M179.86M316.72M272.07M249.78M257.33M265.66M282.90M279.13M279.92M337.46M278.90M228.76M210.32M184.96M262.04M136.34M103.58M69.65M146.28M187.82M
Net Debt33.12M44.15M63.35M48.20M96.90M92.59M120.46M99.18M140.74M192.44M189.21M155.67M299.46M255.22M234.45M243.39M251.55M266.31M259.99M263.30M319.14M261.24M208.69M179.10M159.21M179.68M49.03M77.06M34.22M96.54M155.92M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-306.00K4.21M533.00K5.00M5.60M4.80M7.34M5.28M10.71M12.02M15.42M15.53M10.83M10.88M18.73M25.65M29.73M25.02M24.98M20.46M20.74M21.19M22.27M33.84M26.05M22.70M56.69M41.21M36.92M26.05M37.81M
Investing Cash Flow-11.78M-18.48M-32.44M-20.60M-54.70M-48.14M-41.53M-43.63M-83.81M-71.77M-140.32M-65.27M-123.32M-103.17M-11.84M-78.13M16.18M-19.27M-75.96M-16.75M-86.35M-148.18M-130.06M-112.08M-116.28M-250.07M-201.75M-247.58M-199.81M-217.42M-3.00M
Financing Cash Flow12.26M14.89M31.57M16.30M51.00M45.44M34.76M50.97M66.68M57.43M136.11M47.94M105.56M91.89M-8.42M50.99M-45.63M-4.91M52.59M-7.22M66.85M130.05M109.63M78.16M85.53M239.15M139.48M208.46M172.10M187.07M-34.67M
Capital Expenditure0001.50M200.00K509.00K2.98M1.22M2.23M974.00K1.35M872.00K1.83M796.00K3.80M2.04M1.22M1.73M2.36M1.91M927.00K2.13M2.53M1.48M1.57M2.54M3.76M1.40M2.63M1.48M3.22M
Free Cash Flow-306.00K4.21M533.00K3.50M5.40M4.29M4.35M4.06M8.48M11.05M14.06M14.66M9.00M10.08M14.94M23.61M28.50M23.30M22.62M18.55M19.82M19.06M19.74M32.36M24.48M20.16M52.94M39.81M34.28M24.57M34.59M
Dividends Paid426.00K488.00K654.00K900.00K1.20M1.48M1.86M2.26M2.66M3.14M4.73M5.98M6.57M7.28M8.65M8.87M8.75M8.31M8.66M8.89M9.35M9.81M11.46M12.05M12.96M13.33M13.95M14.78M15.42M15.80M16.35M
FCF to OCF100.00%100.00%100.00%70.00%96.43%89.39%59.33%76.85%79.19%91.90%91.22%94.39%83.13%92.68%79.73%92.04%95.89%93.10%90.54%90.67%95.53%89.94%88.65%95.61%93.96%88.81%93.37%96.59%92.86%94.34%91.48%
Dividend Paid to FCF-139.22%11.60%122.70%25.71%22.22%34.48%42.74%55.73%31.39%28.41%33.61%40.81%72.94%72.22%57.90%37.55%30.70%35.67%38.27%47.93%47.18%51.47%58.04%37.25%52.95%66.12%26.35%37.12%44.97%64.31%47.25%

Earnings

Report DateSep 30, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Jul 21, 2003Oct 20, 2003Jan 27, 2004Apr 26, 2004Jul 21, 2004Oct 20, 2004Jan 27, 2005Apr 26, 2005Jul 27, 2005Oct 26, 2005Jan 26, 2006Apr 25, 2006Jul 26, 2006Oct 25, 2006Jan 25, 2007Apr 24, 2007Jul 26, 2007Oct 25, 2007Jan 24, 2008Apr 24, 2008Jul 24, 2008Oct 23, 2008Jan 22, 2009Apr 23, 2009Jul 22, 2009Oct 22, 2009Jan 20, 2010Apr 21, 2010Jul 21, 2010Oct 20, 2010Jan 19, 2011Apr 20, 2011Jul 20, 2011Oct 19, 2011Jan 18, 2012Apr 18, 2012Jul 18, 2012Oct 17, 2012Jan 16, 2013Apr 17, 2013Jul 17, 2013Oct 16, 2013Jan 22, 2014Apr 23, 2014Jul 23, 2014Oct 22, 2014Jan 21, 2015Apr 22, 2015Jul 22, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Oct 19, 2016Jan 18, 2017Apr 19, 2017Jul 19, 2017Oct 18, 2017Jan 17, 2018Apr 18, 2018Jul 18, 2018Oct 18, 2018Jan 17, 2019Apr 17, 2019Jul 17, 2019Oct 16, 2019Jan 22, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Jan 20, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 19, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 18, 2023Apr 19, 2023Jul 19, 2023Oct 18, 2023Jan 24, 2024Apr 17, 2024Jul 24, 2024Oct 23, 2024Jan 22, 2025Apr 23, 2025Jul 23, 2025Oct 22, 2025Jan 21, 2026Apr 22, 2026Jul 22, 2026Oct 28, 2026
EPS Estimate--------------------------------------0.43-0.270.220.230.270.340.320.290.290.300.260.270.270.320.320.280.270.320.330.330.350.350.34------------------------------------0.00---------
EPS Actual0.160.150.160.150.170.170.190.200.190.200.220.230.230.230.230.270.270.260.280.300.310.310.310.340.340.300.320.320.300.310.330.350.360.370.370.400.310.370.350.260.240.240.290.290.280.290.290.270.290.280.320.310.320.270.290.310.330.320.350.380.320.390.390.350.420.430.420.390.430.430.450.460.480.510.530.550.590.570.590.580.610.600.600.650.640.810.800.820.870.880.910.910.830.720.670.670.600.541.090.680.650.630.720.810.910.800.85-
Surprise---------------------------------------18.60%--11.11%9.09%26.09%7.41%-17.65%-9.38%0.00%-6.90%-3.33%7.69%18.52%14.81%0.00%-15.63%3.57%14.81%3.13%-3.03%6.06%8.57%-8.57%14.71%----------------------------------------------
Timing-------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap387.55M
Enterprise Value568.24M
Trailing P/E10.19
Forward P/E12.20
PEG Ratio0.00
Price / Sales3.92
Price / Book1.31
EPS3.37
Book Value25.97
Revenue (TTM)98.81M
Gross Profit (TTM)98.81M
Profit Margin38.26%
Operating Margin48.70%
Return on Equity13.54%
Return on Assets1.18%
Shares Outstanding11.28M
Shares Float10.68M
Beta0.47
Dividend Yield4.44%
Dividend Rate1.52
Payout Ratio44.23%

Ownership Breakdown

Institutions
54.26%
Insiders
4.88%
Retail / Other
40.86%

Top Institutional Holders

  • BlackRock Inc
    856.09K7.59%
  • First Bancorp, Inc /ME/
    738.40K6.54%
  • Dimensional Fund Advisors, Inc.
    459.54K4.07%
  • Vanguard Capital Management, LLC
    406.15K3.60%
  • Manufacturers Life Insurance Co
    378.03K3.35%
  • Geode Capital Management, LLC
    239.99K2.13%
  • State Street Corp
    224.07K1.99%
  • Morgan Stanley - Brokerage Accounts
    188.69K1.67%
  • Renaissance Technologies Corp
    98.06K0.87%
  • Northern Trust Corp
    84.45K0.75%
  • The Goldman Sachs Group Inc
    83.98K0.74%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    322.14K2.86%
  • iShares Russell 2000 ETF
    297.55K2.64%
  • JH Financial Opportunities
    226.17K2.00%
  • JHancock Regional Bank A
    130.17K1.15%
  • Fidelity Small Cap Index
    122.47K1.09%
  • Avantis US Small Cap Value ETF
    113.18K1.00%
  • iShares Russell 2000 Value ETF
    108.40K0.96%
  • BSF Systematic US Eq Abs Ret A2 USD
    92.56K0.82%
  • DFA US Targeted Value I
    78.66K0.70%

Dividends

20263×
0.38Jul 7, 20260.37Apr 7, 20260.37Jan 6, 2026
20254×
0.37Oct 6, 20250.37Jul 8, 20250.36Apr 8, 20250.36Jan 6, 2025
20244×
0.36Oct 8, 20240.36Jul 9, 20240.35Apr 8, 20240.35Jan 5, 2024
20234×
0.35Oct 6, 20230.35Jul 7, 20230.34Apr 6, 20230.34Jan 6, 2023
20224×
0.34Oct 4, 20220.34Jul 8, 20220.32Apr 8, 20220.32Jan 7, 2022
20214×
0.32Oct 8, 20210.32Jul 7, 20210.31Apr 5, 20210.31Jan 5, 2021
20201×
0.31Oct 5, 2020

Stock Splits

  • Jun 2, 2004959692:319897