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How to buy The First Bancorp (FNLC) stock

Learn how to easily invest in The First Bancorp stock.

The First Bancorp, Inc
NASDAQ: FNLC - USD
BANKS-REGIONAL
$29.25
+$0.44 (+1.54%)

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. The First Bancorp employs 250 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in The First Bancorp

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FNLC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

The First Bancorp stock price (NASDAQ: FNLC)

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

The First Bancorp shares at a glance

Information last updated 2021-07-23.
Latest market close$31.50
52-week range$18.21 - $32.28
50-day moving average $30.06
200-day moving average $28.41
Wall St. target priceN/A
PE ratio 9.9689
Dividend yield $1.24 (4.28%)
Earnings per share (TTM) $2.89

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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.

The First Bancorp price performance over time

Historical closes compared with the close of $31.5 from 2021-05-28

1 week (2021-07-12) N/A
1 month (2021-06-23) 5.42%
3 months (2021-04-19) N/A
6 months (2021-01-19) N/A
1 year (2020-07-19) N/A
2 years (2019-07-19) N/A
3 years (2018-07-19) N/A
5 years (2016-07-19) N/A

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 $77.2 million
Operating margin TTM 50.86%
Gross profit TTM $71.9 million
Return on assets TTM 1.35%
Return on equity TTM 14.1%
Profit margin 41.17%
Book value $21.31
Market capitalisation $316.5 million

TTM: trailing 12 months

Shorting The First Bancorp shares

There are currently 92,241 The First Bancorp shares held short by investors – that's known as The First Bancorp's "short interest". This figure is 19% down from 113,852 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 19176.923076923). The First Bancorp's SIR currently stands at 4.81. In other words for every 100,000 The First Bancorp shares traded daily on the market, roughly 4810 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 0.0111% of the tradable shares (for every 100,000 tradable The First Bancorp shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an 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

43%

Dividend payout ratio: 42.91% of net profits

Recently The First Bancorp has paid out, on average, around 42.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.42% 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 4.42% return on their shares, in the form of dividend payments. In The First Bancorp's case, that would currently equate to about $1.24 per share.

While The First Bancorp's payout ratio might seem fairly standard, it's worth remembering that The First Bancorp may be investing much of the rest of its net profits in future growth.

The First Bancorp's most recent dividend payout was on 18 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 July 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 1 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 $18.2068 up to $32.2755. A popular way to gauge a stock's volatility is its "beta".

FNLC.US volatility(beta: 0.58)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 0.5789. 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. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company 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, it 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, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as ATM processing services. It operates through 17 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine.

Frequently asked questions

What percentage of The First Bancorp is owned by insiders or institutions?
Currently 5.566% of The First Bancorp shares are held by insiders and 49.24% by institutions.
How many people work for The First Bancorp?
Latest data suggests 250 work at The First Bancorp.
When does the fiscal year end for The First Bancorp?
The First Bancorp's fiscal year ends in December.
Where is The First Bancorp based?
The First Bancorp's address is: 223 Main Street, Damariscotta, ME, United States, 04543
What is The First Bancorp's ISIN number?
The First Bancorp's international securities identification number is: US31866P1021
What is The First Bancorp's CUSIP number?
The First Bancorp's Committee on Uniform Securities Identification Procedures number is: 31866P102

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