The First Bancorp, Inc.
FNLC · Price history
Price at last available close
$36.28
+$2.51 (+7.43%) 1M
2026-10-28
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Company & revenue
About The First Bancorp, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
The First Bancorp, Inc. functions as the holding company for First National Bank, providing a comprehensive suite of banking products and financial services to both individual customers and commercial enterprises. Its deposit offerings encompass various account types, such as demand, NOW, savings, money market, and certificates of deposit. The institution also plays a key role in commercial real estate financing, issuing mortgage loans for investments in diverse property types including multi-family dwellings, retail outlets, offices, industrial sites, hotels, and educational facilities.
How they make money
The First Bancorp, Inc. operates as a bank holding company primarily through its subsidiary, First National Bank. It generates revenue primarily through net interest income, which is the difference between interest earned on loans and investment securities and interest paid on deposits and other borrowings, supplemented by non-interest income from service charges, trust services, and other financial fees.
Products & services
The company provides traditional banking products and services, including various deposit accounts, cash management and payment processing solutions, and a range of consumer, commercial, and mortgage loan products. Additionally, it offers investment management and trust services through its First National Wealth Management division.
Brands & revenue mix
The primary banking subsidiary providing retail and commercial banking services.
Separate brand revenue is not available in this research.Source
A division of the bank providing investment management and trust services.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
The company does not disclose any single customer or group of customers that accounts for a significant portion of its total revenue, as its business is diversified across a broad base of individual, business, and municipal clients.
Suppliers, materials & equipment
- Technology and core banking service providers — The company relies on third-party vendors for core banking software, data processing, and information technology infrastructure services.Source
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
60
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
51
Fair
Financial Strength
38
Business Quality / Moat
63
Management
69
Growth Quality
23
Risk / Durability
63
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
68
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
63/100
Building Historical Record
Model Score 63/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
- •Valuation scores attractively
- •Recent buyback activity is present
- •Elevated debt risk
- •M&A headline · Sep 2, 2026
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for FNLC
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving FNLC's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •Is FNLC's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is FNLC's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •Is FNLC's valuation discount tied to a temporary concern or to a longer-term business risk?
Essential Investment Snapshot
Wall Street Score
60
Opportunity Score
68
Market Cap
$409.4M
P/E Ratio
10.1
EPS
$3.41
52-Week High
$36.30
52-Week Low
$24.39
Beta
0.48
Intrinsic Value
$131.28
Shares Outstanding
11.2M
Total Revenue
$174.6M
Total Debt
$214.1M
Dividend Yield (TTM)
4.13%
Liquidation Value / Share
$26.13
Dividend / Share (TTM)
$1.50
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for FNLC
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Elevated debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Cash covers less than 20% of total debt
M&A headline · Sep 2, 2026
BlackRock Inc. Acquires Shares of 906,027 First Bancorp, Inc (ME) $FNLC — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
Defense WorldCommunity Sentiment
0 active · 0 total callsNo personal call yet on FNLC.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Established presence in coastal and eastern Maine.
- +Long-standing history of community banking since 1864.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Debt risk (elevated): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Cash covers less than 20% of total debt.
- −Interest rate risk affecting net interest margin.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
7 historical score records availablePrevious Score
61
Oct 1, 2026
Change
-0.7
points
Current Score
60
Oct 21, 2026
Category Changes
FNLC decreased 0.7 points because Valuation declined by 2.9 points.
Negative Contributors
- − Valuation declined by 2.9 points
Projected Score
Projected Score
61
Projected Change
+1.2 points
Preliminary comparable-period financial changes suggest improvement of approximately 1.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Review model assumptionsThis model estimate is more than three times the share price.
This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.
Stored EPS: $3.41 · Growth assumption: 11.2% · Earnings multiplier: 30.9×.
Current Price
$36.28
Model Intrinsic Value
$131.28
Difference
−$95.00
-72.4% vs IV
Margin of Safety
72.4%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $174.6M | $177.6M | $165.4M | $143.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $79.6M | $84.7M | $85.7M | $64.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $95.0M | $92.9M | $79.7M | $79.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $39.9M | $36.3M | $26.6M | $23.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $53.5M | $50.9M | $47.2M | $43.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $43.7M | $44.1M | $34.8M | $37.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $41.5M | $41.9M | $32.6M | $35.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $77.7M | $82.9M | $84.9M | $63.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $45.9M | $41.9M | $32.6M | $35.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $8.1M | $7.5M | $5.5M | $6.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $37.8M | $34.4M | $27.0M | $29.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $3.41 | $3.10 | $2.45 | $2.68 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 11.10M | 11.08M | 11.05M | 11.02M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 11.24M | 11.21M | 11.14M | 11.08M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$44.5M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.85
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+9.1%
Cash Change
-2.8%
Margin Change
+3.1 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
What Weakened
- Cash position declined
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, net income margin. Pressure indicators included cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 1.2%. EPS increased 18.1%. Cash declined 2.8%. Total debt increased 9.1%. Net income margin improved by 3.1 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
7 historical recordsHistorical Score Chart
3 of 7 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · FNLC
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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