The First Bancorp, Inc.

NasdaqGS:FNLC Stock Report

Market Cap: US$309.0m

First Bancorp Management

Management criteria checks 4/4

First Bancorp's CEO is Tony McKim, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is $1.26M, comprised of 61.7% salary and 38.3% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $3.54M. The average tenure of the management team and the board of directors is 9.9 years and 15.4 years respectively.

Key information

Tony McKim

Chief executive officer

US$1.3m

Total compensation

CEO salary percentage61.7%
CEO tenure9.9yrs
CEO ownership1.1%
Management average tenure9.9yrs
Board average tenure15.4yrs

Recent management updates

Most Shareholders Will Probably Agree With The First Bancorp, Inc.'s (NASDAQ:FNLC) CEO Compensation

Apr 23
Most Shareholders Will Probably Agree With The First Bancorp, Inc.'s (NASDAQ:FNLC) CEO Compensation

Should You Take Comfort From Insider Transactions At The First Bancorp, Inc. (NASDAQ:FNLC)?

Mar 15
Should You Take Comfort From Insider Transactions At The First Bancorp, Inc. (NASDAQ:FNLC)?

Recent updates

First Bancorp: Not Cheap But An Exceptionally Robust Loan Book

Dec 11

The First Bancorp: Not The First On My List

Aug 05

First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To $0.36

Jul 02
First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To $0.36

First Bancorp (NASDAQ:FNLC) Is Paying Out A Dividend Of $0.35

Dec 26
First Bancorp (NASDAQ:FNLC) Is Paying Out A Dividend Of $0.35

First Bancorp's (NASDAQ:FNLC) Dividend Will Be Increased To $0.35

Jul 04
First Bancorp's (NASDAQ:FNLC) Dividend Will Be Increased To $0.35

First Bancorp GAAP EPS of $0.91, revenue of $24.35M

Oct 19

First Bancorp declares $0.34 dividend

Sep 21

First Bancorp: A Strong-Performing Bank With A 4%+ Dividend Yield

Aug 16

The First Bancorp: Collect A Paycheck, Get Raises

Jul 13

First Bancorp declares $0.34 dividend

Jul 07

First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To US$0.34

Jul 05
First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To US$0.34

First Bancorp rises dividend 6.3% to 0.34/share

Jun 30

First Bancorp: Wait For Better Performance

Feb 02

The First Bancorp: A High Quality Bank With Decent Upside Potential

Sep 02

Most Shareholders Will Probably Agree With The First Bancorp, Inc.'s (NASDAQ:FNLC) CEO Compensation

Apr 23
Most Shareholders Will Probably Agree With The First Bancorp, Inc.'s (NASDAQ:FNLC) CEO Compensation

Should You Take Comfort From Insider Transactions At The First Bancorp, Inc. (NASDAQ:FNLC)?

Mar 15
Should You Take Comfort From Insider Transactions At The First Bancorp, Inc. (NASDAQ:FNLC)?

Is The First Bancorp, Inc. (NASDAQ:FNLC) A Smart Choice For Dividend Investors?

Feb 22
Is The First Bancorp, Inc. (NASDAQ:FNLC) A Smart Choice For Dividend Investors?

What Is The Ownership Structure Like For The First Bancorp, Inc. (NASDAQ:FNLC)?

Jan 27
What Is The Ownership Structure Like For The First Bancorp, Inc. (NASDAQ:FNLC)?

Why You Might Be Interested In The First Bancorp, Inc. (NASDAQ:FNLC) For Its Upcoming Dividend

Jan 01
Why You Might Be Interested In The First Bancorp, Inc. (NASDAQ:FNLC) For Its Upcoming Dividend

First Bancorp (NASDAQ:FNLC) Has Compensated Shareholders With A Respectable 50% Return On Their Investment

Dec 25
First Bancorp (NASDAQ:FNLC) Has Compensated Shareholders With A Respectable 50% Return On Their Investment

First Bancorp declares $0.31 dividend

Dec 17

Are Insiders Buying The First Bancorp, Inc. (NASDAQ:FNLC) Stock?

Dec 04
Are Insiders Buying The First Bancorp, Inc. (NASDAQ:FNLC) Stock?

The First Bancorp: Pricey After A Major Move

Nov 10

CEO Compensation Analysis

How has Tony McKim's remuneration changed compared to First Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$26m

Jun 30 2024n/an/a

US$26m

Mar 31 2024n/an/a

US$28m

Dec 31 2023US$1mUS$775k

US$30m

Sep 30 2023n/an/a

US$32m

Jun 30 2023n/an/a

US$35m

Mar 31 2023n/an/a

US$37m

Dec 31 2022US$1mUS$670k

US$39m

Sep 30 2022n/an/a

US$39m

Jun 30 2022n/an/a

US$38m

Mar 31 2022n/an/a

US$37m

Dec 31 2021US$1mUS$610k

US$36m

Sep 30 2021n/an/a

US$34m

Jun 30 2021n/an/a

US$32m

Mar 31 2021n/an/a

US$30m

Dec 31 2020US$1mUS$575k

US$27m

Sep 30 2020n/an/a

US$27m

Jun 30 2020n/an/a

US$26m

Mar 31 2020n/an/a

US$26m

Dec 31 2019US$956kUS$545k

US$26m

Sep 30 2019n/an/a

US$25m

Jun 30 2019n/an/a

US$25m

Mar 31 2019n/an/a

US$24m

Dec 31 2018US$858kUS$520k

US$24m

Sep 30 2018n/an/a

US$22m

Jun 30 2018n/an/a

US$21m

Mar 31 2018n/an/a

US$20m

Dec 31 2017US$736kUS$475k

US$20m

Compensation vs Market: Tony's total compensation ($USD1.26M) is below average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.

CEO

Tony McKim (57 yo)

9.9yrs

Tenure

US$1,256,221

Compensation

Mr. Tony C. McKim has been the Chief Executive Officer of First National Bank and The First Bancorp, Inc. since January 5, 2015. Mr. McKim has been the President of The First Bancorp, Inc. and First Nation...

Leadership Team

NamePositionTenureCompensationOwnership
Tony McKim
President9.9yrsUS$1.26m1.15%
$ 3.5m
Richard Elder
Executive VP7.9yrsUS$442.31k0.24%
$ 732.2k
Susan Norton
Executive VP & Clerk15.9yrsUS$459.08k0.31%
$ 942.8k

9.9yrs

Average Tenure

59yo

Average Age

Experienced Management: FNLC's management team is seasoned and experienced (9.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tony McKim
President19.9yrsUS$1.26m1.15%
$ 3.5m
Stuart Smith
Independent Director27.9yrsUS$34.90k1.05%
$ 3.2m
Robert Gregory
Independent Director37.9yrsUS$29.70k0.47%
$ 1.4m
F. Ward
Independent Director6.7yrsUS$34.60k0.39%
$ 1.2m
Bruce Tindal
Independent Chairman25.9yrsUS$40.97k0.21%
$ 642.5k
Cornelius Russell
Independent Director10.8yrsUS$31.20k0.11%
$ 336.0k
Renee Kelly
Independent Director8.9yrsUS$34.90k0.078%
$ 241.4k
Kimberly Swan
Independent Director3.6yrsUS$30.80k0.12%
$ 371.3k

15.4yrs

Average Tenure

66yo

Average Age

Experienced Board: FNLC's board of directors are seasoned and experienced ( 15.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 22:59
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The First Bancorp, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ganesh D.N.Virtua Research Inc.