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FNLCThe First Bancorp, Inc.
$36.41$411M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
FNLC logo

The First Bancorp, Inc.

FNLC
NASDAQ · Regional Banks
$36.41
At close - Nov 6, 4:00 PM EST - USD
Market Cap$411M
P/E10.4x
52W High$37.61
Volume37.86K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Earnings Momentum Strong But Cash Conversion Remains Volatile

FNLC's net interest income has re-accelerated from $15.1M in 2024Q2 to $22.5M in 2026Q3, with the efficiency ratio improving from 58.9% to 49.3%, suggesting meaningful operating leverage.

GrowthExpanding
ProfitabilityModerate
ValuationReview
TechnicalsStrong
Explore valuation models
MARKET ACTION

FNLC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-13% Peers

P/E is 13% below peer median

03

Market leadership

RS 83 · Leader

High momentum (Outperforming 83% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 21

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FNLC+43.49%
S&P 500 (^GSPC)+7.63%
1-Year Return
FNLC+51.52%
S&P 500 (^GSPC)+9.69%
3-Year Return
FNLC+67.93%
S&P 500 (^GSPC)+68.02%
5-Year Return
FNLC+42.17%
S&P 500 (^GSPC)+56.17%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
10.4x
Forward P/EExpansion
9.8x
EV/EBITDA40th %ile
8.9x
FCF YieldCash Flow
4545.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
10.4x
9.5x
60th· Fair
EV/EBITDA
8.9x
9.2x
40th· Fair
Price/FCF
0.0x
8.6x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$95M+17.7% YoY
Net income FY25
$34M+27.2% YoY
Free cash flow FY25
$35M+40.8% YoY
Operating margin FY25
44.3%+3.8 pts YoY
ROIC (FY25)7.2%
Avg ROIC 5Y8%
ROE (TTM)13.7%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 21, 2026
$0.95
vs —
$46M
vs —
Q3 2026
Jul 22, 2026
$0.85
vs —
$45M
vs —
Q2 2026
Apr 22, 2026
$0.80
vs —
$39M
vs —
Q1 2026
Jan 21, 2026
$0.91
vs —
$45M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 21, 2026
The First Bancorp Announces Third Quarter Results

DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter and nine months ended September 30, 2026. Net income for the third quarter was $10.7 million with fully diluted earnings per share of $0.95, increases of 17.5% and 16.8%, respectively, from net income of $9.1 million and diluted earnings per share of $0.81 for the quarter ended September 30, 2025. Stro.

Defense World·Oct 11, 2026
Analyzing Freddie Mac (OTCMKTS:FMCC) and First Bancorp, Inc (ME) (NASDAQ:FNLC)

Freddie Mac (OTCMKTS:FMCC - Get Free Report) and First Bancorp, Inc (ME) (NASDAQ: FNLC - Get Free Report) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk. Analyst Ratings This is a summary

Seeking Alpha·Oct 2, 2026
Dividend Champion, Contender, And Challenger Highlights: Week October 4

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

24/7 Wall Street·Oct 2, 2026
5 High-Yield Dividends That Pay You Soon (But You Must Act Now)

Five dividend stocks go ex-dividend within the next three trading days, but their yields tell only part of the story. The coverage behind those payouts ranges from rock-solid to genuinely alarming, and the clock is already running.

Filtered for The First Bancorp, Inc.More Headlines
04

Compare before deciding

Benchmark FNLC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for The First Bancorp, Inc. (FNLC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FNLC logoFNLCThe First Bancorp, Inc.Current
$36.41$410.55M10.3817.66%39.46%13.69%4%
NBTB logoNBTBNBT Bancorp Inc.
$52.83$2.75B12.6814.54%28.98%11.31%2.7%
CNOB logoCNOBConnectOne Bancorp, Inc.
$32.42$1.63B10.8819.23%55.02%9.42%1.96%
FUNC logoFUNCFirst United Corporation
$45.92$296.36M11.748.34%26.97%12.11%2%
NECB logoNECBNortheast Community Bancorp, Inc.
$29.01$400.78M9.551.33%40.32%11.44%3.36%
MNSB logoMNSBMainStreet Bancshares, Inc.
$22.11$157.37M9.5812.18%22.04%7.61%1.8%

Compare FNLC vs Peers

The First Bancorp, Inc. (FNLC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for FNLC.

Scale Benchmark

vs ICE

Larger-name benchmark to compare FNLC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, CNOB, FUNC, NECB

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FNLC SEC Filings & Documents

The First Bancorp, Inc. (FNLC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 21, 2026·SEC

Material company update

Jul 22, 2026·SEC

Material company update

Jul 8, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 6, 2026·SEC

FY 2025

Mar 7, 2025·SEC

FY 2024

Mar 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 5, 2026·SEC

FY 2026

Aug 7, 2026·SEC

FY 2026

May 8, 2026·SEC

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FNLC Frequently Asked Questions

The First Bancorp, Inc. (FNLC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is The First Bancorp, Inc. growing?

The First Bancorp, Inc. (FNLC) grew revenue by 9.6% over the trailing twelve months, compared with the twelve months before.

Is FNLC profitable?

Yes. The First Bancorp, Inc. (FNLC) earned $39.4M in net income over the trailing twelve months (a 39.5% net margin).

Dividend & Returns
Does FNLC pay dividends?

Yes. The First Bancorp, Inc. (FNLC) pays a dividend that yields 4.00% at the current price, a high yield.

What is FNLC's return on equity?

The First Bancorp, Inc. (FNLC) had a return on equity (ROE) of 13.7% over the trailing twelve months. That is in line with the market's typical 10-15%.

Industry Metrics
What is The First Bancorp, Inc.'s net interest margin?

The First Bancorp, Inc. (FNLC) has a net interest margin (NIM) of 2.4%. NIM has been under pressure due to interest rate environment.

What is The First Bancorp, Inc.'s efficiency ratio?

The First Bancorp, Inc. (FNLC) has an efficiency ratio of 53.8%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FNLC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →