The First Bancorp, Inc.

NasdaqGS:FNLC Stock Report

Market Cap: US$309.0m

First Bancorp Past Earnings Performance

Past criteria checks 2/6

First Bancorp has been growing earnings at an average annual rate of 3.2%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.4% per year. First Bancorp's return on equity is 10.3%, and it has net margins of 33.8%.

Key information

3.2%

Earnings growth rate

2.8%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate4.4%
Return on equity10.3%
Net Margin33.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

Revenue & Expenses Breakdown

How First Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:FNLC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247826330
30 Jun 247726330
31 Mar 247828320
31 Dec 237930320
30 Sep 238332330
30 Jun 238735330
31 Mar 238937330
31 Dec 229139330
30 Sep 229339320
30 Jun 229038310
31 Mar 228837310
31 Dec 218636300
30 Sep 218034300
30 Jun 217732300
31 Mar 217430290
31 Dec 207227290
30 Sep 207027280
30 Jun 206926270
31 Mar 206926270
31 Dec 196526260
30 Sep 196525260
30 Jun 196325250
31 Mar 196224250
31 Dec 186124250
30 Sep 186022250
30 Jun 186021250
31 Mar 185920250
31 Dec 175820240
30 Sep 175619230
30 Jun 175518230
31 Mar 175418220
31 Dec 165418220
30 Sep 165317220
30 Jun 165317220
31 Mar 165217220
31 Dec 155216220
30 Sep 155116210
30 Jun 155116210
31 Mar 155115210
31 Dec 144915210
30 Sep 144915210
30 Jun 144714210
31 Mar 144613200
31 Dec 134513200

Quality Earnings: FNLC has high quality earnings.

Growing Profit Margin: FNLC's current net profit margins (33.8%) are lower than last year (38.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FNLC's earnings have grown by 3.2% per year over the past 5 years.

Accelerating Growth: FNLC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FNLC had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: FNLC's Return on Equity (10.3%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:04
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.