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How to buy The First Bancorp stock

Own The First Bancorp stock in just a few minutes.

Fact checked

The First Bancorp, Inc is a banks-regional business based in the US. The First Bancorp shares (FNLC) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in The First Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for The First Bancorp. Find the stock by name or ticker symbol: FNLC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until The First Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of The First Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of The First Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

The First Bancorp share price

Use our graph to track the performance of FNLC stocks over time.

The First Bancorp shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$16.9121 - USD$27.5
50-day moving average USD$25.5835
200-day moving average USD$23.5718
Wall St. target priceN/A
PE ratio 10.4637
Dividend yield USD$1.23 (4.76%)
Earnings per share (TTM) USD$2.48

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy The First Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is The First Bancorp under- or over-valued?

Valuing The First Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The First Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

The First Bancorp's P/E ratio

The First Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, The First Bancorp shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

The First Bancorp financials

Revenue TTM USD$71.9 million
Operating margin TTM 46.37%
Gross profit TTM USD$71.9 million
Return on assets TTM 1.23%
Return on equity TTM 12.44%
Profit margin 37.73%
Book value $20.431
Market capitalisation USD$284.1 million

TTM: trailing 12 months

Shorting The First Bancorp shares

There are currently 97,973 The First Bancorp shares held short by investors – that's known as The First Bancorp's "short interest". This figure is 1.6% down from 99,543 last month.

There are a few different ways that this level of interest in shorting The First Bancorp shares can be evaluated.

The First Bancorp's "short interest ratio" (SIR)

The First Bancorp's "short interest ratio" (SIR) is the quantity of The First Bancorp shares currently shorted divided by the average quantity of The First Bancorp shares traded daily (recently around 19060.894941634). The First Bancorp's SIR currently stands at 5.14. In other words for every 100,000 The First Bancorp shares traded daily on the market, roughly 5140 shares are currently held short.

However The First Bancorp's short interest can also be evaluated against the total number of The First Bancorp shares, or, against the total number of tradable The First Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case The First Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 The First Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0098% of the tradable shares (for every 100,000 tradable The First Bancorp shares, roughly 10 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against The First Bancorp.

Find out more about how you can short The First Bancorp stock.

The First Bancorp share dividends

65%

Dividend payout ratio: 65.08% of net profits

Recently The First Bancorp has paid out, on average, around 65.08% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), The First Bancorp shareholders could enjoy a 5% return on their shares, in the form of dividend payments. In The First Bancorp's case, that would currently equate to about $1.23 per share.

The First Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The First Bancorp's most recent dividend payout was on 19 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 5 January 2021 (the "ex-dividend date").

Have The First Bancorp's shares ever split?

The First Bancorp's shares were split on a 3:1 basis on 2 June 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your The First Bancorp shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for The First Bancorp shares which in turn could have impacted The First Bancorp's share price.

The First Bancorp share price volatility

Over the last 12 months, The First Bancorp's shares have ranged in value from as little as $16.9121 up to $27.5. A popular way to gauge a stock's volatility is its "beta".

FNLC.US volatility(beta: 0.57)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while The First Bancorp's is 0.5667. This would suggest that The First Bancorp's shares are less volatile than average (for this exchange).

The First Bancorp overview

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers. The company offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. It also provides commercial loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; loans to finance construction of owner- and non-owner occupied commercial real estate properties; and revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, the company offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, it provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as ATM processing services. The company operates through 16 full-service banking offices in Lincoln, Knox, Hancock, Washington, and Penobscot counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.

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