First Bancorp (FNLC) AI Stock Analysis

• Market Cap: $278.70M
• Dividend Yield: 5.72%
• Average Volume (3M): 23.84K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.67
• 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: 11,210,588
• 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: 1.63
• Enterprise Value/Revenue: 2.65
• Enterprise Value/Gross Profit: 7.06
• Enterprise Value/Ebitda: 11.39
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $27.00 ▲(5.88% Upside)

First Bancorp's stock score is primarily driven by its strong valuation, with a low P/E ratio and high dividend yield making it attractive for value and income investors. Financial performance is solid, though rising debt levels and cash flow volatility require monitoring. Technical indicators suggest a bearish trend, which could pose short-term risks.

First Bancorp Business Overview & Revenue Model

Company Description

First Bancorp (FNLC) is a financial holding company headquartered in Maine, primarily engaged in providing a range of banking and financial services through its wholly-owned subsidiary, First National Bank. The company operates in the banking sector, offering various products such as personal and commercial loans, mortgage services, deposit accounts, and wealth management solutions. FNLC serves individual customers, businesses, and non-profit organizations across its branch network, focusing on community-oriented banking.

How the Company Makes Money

First Bancorp generates revenue primarily through interest income from loans and investment securities, as well as non-interest income derived from service charges, fees, and wealth management services. The company earns interest income by lending to consumers and businesses, with loans making up a significant portion of its assets. Additionally, FNLC receives fees from its deposit accounts and other banking services, contributing to its non-interest income. The bank's commitment to community banking and customer service has fostered strong relationships, leading to customer loyalty and steady deposit growth. Strategic partnerships with other financial institutions and investment firms may also enhance FNLC's service offerings, which can further contribute to its overall earnings.

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	171.34M	165.43M	143.62M	109.91M	96.46M	95.24M
Gross Profit	64.29M	79.74M	79.46M	91.29M	86.06M	71.90M
EBITDA	39.82M	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	305.10M	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: 25.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 25.5 is above the 20-day moving average (MA) of 25.09, below the 50-day MA of 25.64, and above the 200-day MA of 24.72, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 53.65 is Neutral, neither overbought nor oversold. The STOCH value of 83.78 is Negative, 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	80 Outperform	$313.88M	9.17	9.38%	3.65%	10.93%	42.68%
FNLC	72 Outperform	$278.70M	8.84	11.86%	5.72%	10.46%	18.70%
NECB	72 Outperform	$281.67M	6.13	13.63%	3.71%	-0.72%	-7.24%
PLBC	68 Neutral	$288.38M	9.70	12.34%	2.86%	11.98%	-10.12%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CZFS	64 Neutral	$281.32M	8.24	10.88%	3.43%	2.16%	24.43%
WSBF	63 Neutral	$284.24M	11.61	6.95%	3.86%	-0.09%	83.67%

First Bancorp Corporate Events

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.

The most recent analyst rating on (FNLC) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on First Bancorp stock, see the FNLC Stock Forecast page.