First Bancorp (FNLC) AI Stock Analysis

• Market Cap: $312.68M
• Dividend Yield: 5.24%
• Average Volume (3M): 23.84K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 0.52
• Revenue Growth: 10.46%
• EPS Growth: 18.70%
• Country: US
• Employees: 284
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.81
• Shares Outstanding: 11,219,320
• 10 Day Avg. Volume: 28,420
• 30 Day Avg. Volume: 23,843
• PEG Ratio: -1.30
• Price to Book (P/B): 1.20
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 12.30
• Enterprise Value/Market Cap: 1.45
• Enterprise Value/Revenue: 2.58
• Enterprise Value/Gross Profit: 5.15
• Enterprise Value/Ebitda: 11.23
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $31.00 ▲(9.42% Upside)

First Bancorp's strong valuation and solid financial performance are the primary drivers of its overall score. The stock's technical indicators suggest bullish momentum, though caution is advised due to potential overbought conditions. The company's strategic focus on real estate lending and consistent dividend payouts further enhance its attractiveness to investors.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term profitability.

Dividend Commitment

Regular dividends reflect financial stability and a commitment to returning capital to shareholders, enhancing investor confidence.

Profitability Margins

Strong profitability margins demonstrate efficient operations and the ability to sustain competitive advantages in the market.

Negative Factors

Rising Debt Levels

Increasing debt levels could strain financial flexibility, potentially impacting long-term stability and cash flow management.

Profitability Pressure

Declining profitability margins suggest potential challenges in cost management and competitive pressures, affecting future earnings.

Cash Flow Volatility

Volatile cash flow growth can impact the company's ability to invest in growth opportunities and maintain financial stability.

First Bancorp Business Overview & Revenue Model

Company Description

First Bancorp (FNLC) is a financial holding company headquartered in Maine, primarily engaged in the provision of banking and financial services through its subsidiary, First National Wealth Management and First National Bank. The company operates in the banking sector, offering a range of products including personal and commercial banking services, investment management, and financial planning. With a commitment to serving both individuals and businesses, FNLC emphasizes community-focused banking solutions.

How the Company Makes Money

First Bancorp generates revenue primarily through interest income from loans and investments, as well as fees from various banking services. The company's key revenue streams include interest from consumer and commercial loans, mortgage loans, and credit card services. Additionally, FNLC earns non-interest income from service charges on deposit accounts, wealth management fees, and other financial services. Significant partnerships with local businesses and community organizations further enhance its customer base and revenue opportunities, allowing the bank to provide tailored financial solutions that meet the needs of its clients.

First Bancorp Financial Statement Overview

Summary

First Bancorp demonstrates solid financial performance with consistent revenue growth and strong profitability margins. The balance sheet is stable, though rising debt levels warrant attention. Cash flow generation is improving, but past volatility suggests a need for cautious cash management. Overall, the company is well-positioned but should monitor leverage and cash flow stability closely.

Income Statement

The income statement shows a steady revenue growth with a TTM revenue growth rate of 1.91%. Gross profit margin is healthy at 49.46%, and net profit margin is solid at 17.36%. EBIT and EBITDA margins are also strong, indicating efficient operations. However, there is a noticeable decline in profitability margins compared to previous years, suggesting some pressure on profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.74, indicating a balanced approach to leveraging. Return on equity is decent at 11.60%, showing effective use of equity to generate profits. The equity ratio is stable, suggesting a solid capital structure. However, the increase in debt levels over the years could pose a risk if not managed properly.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate of 3.44% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is low, suggesting potential challenges in converting income to cash. The free cash flow to net income ratio is strong at 91.61%, reflecting good cash flow management. However, fluctuations in free cash flow growth in previous years highlight potential volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	175.82M	165.43M	143.62M	109.91M	96.46M	95.24M
Gross Profit	88.12M	79.74M	79.46M	91.29M	86.06M	71.90M
EBITDA	40.37M	34.79M	37.81M	49.37M	45.95M	34.47M
Net Income	31.50M	27.05M	29.52M	38.99M	36.27M	27.13M
Balance Sheet
Total Assets	3.20B	3.16B	2.95B	2.74B	2.53B	2.36B
Cash, Cash Equivalents and Short-Term Investments	38.84M	324.42M	317.48M	310.93M	407.88M	395.74M
Total Debt	152.97M	146.28M	69.65M	103.48M	136.34M	262.04M
Total Liabilities	2.92B	2.90B	2.70B	2.51B	2.28B	2.14B
Stockholders Equity	274.57M	252.49M	243.08M	228.92M	245.66M	223.73M
Cash Flow
Free Cash Flow	18.49M	24.57M	34.28M	39.81M	52.94M	20.16M
Operating Cash Flow	20.96M	26.05M	36.92M	41.21M	56.69M	22.70M
Investing Cash Flow	-64.98M	-217.42M	-199.81M	-247.58M	-201.75M	-250.07M
Financing Cash Flow	36.25M	187.07M	172.10M	208.46M	139.48M	239.15M

First Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 28.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNLC, the sentiment is Positive. The current price of 28.33 is above the 20-day moving average (MA) of 26.74, above the 50-day MA of 25.77, and above the 200-day MA of 24.95, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 58.80 is Neutral, neither overbought nor oversold. The STOCH value of 71.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNLC.

First Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PCB	77 Outperform	$325.57M	9.52	9.38%	3.54%	10.93%	42.68%
CZFS	75 Outperform	$283.05M	8.30	10.88%	3.38%	2.16%	24.43%
FNLC	72 Outperform	$312.68M	9.91	11.86%	5.24%	10.46%	18.70%
NECB	71 Outperform	$324.03M	7.05	13.63%	4.11%	-0.72%	-7.24%
PLBC	70 Neutral	$320.86M	10.80	12.34%	2.64%	11.98%	-10.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WSBF	63 Neutral	$308.23M	12.58	6.95%	3.59%	-0.09%	83.67%

First Bancorp Corporate Events

First Bancorp Declares Fourth-Quarter Dividend, Highlights Strong Year

On December 18, 2025, The First Bancorp declared a fourth-quarter cash dividend of $0.37 per share, payable on January 16, 2026 to shareholders of record as of January 6, 2026, closing out what management described as a successful year. Based on the December 17, 2025 closing share price of $28.29, the annualized dividend of $1.48 per share equated to a yield of 5.23%, underscoring the company’s emphasis on returning capital to shareholders and potentially reinforcing its appeal to income-focused investors within the regional banking sector.

First Bancorp Announces Third-Quarter Cash Dividend

On September 25, 2025, The First Bancorp announced a third-quarter cash dividend of 37 cents per share, payable on October 16, 2025, to shareholders of record as of October 6, 2025. This dividend reflects the company’s commitment to providing value to its shareholders, offering an annualized yield of 5.59% based on the closing share price of $26.49 on September 24, 2025.