First Bancorp Inc

Company Profile

First Bancorp Inc had its IPO on 1999-07-15 under the ticker symbol FNLC.

The company operates in the Financial Services sector and Banks-Regional industry. First Bancorp Inc has a staff strength of 273 employees.

Stock update

Shares of First Bancorp Inc opened at $22.99 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $22.99 - $23.64, and closed at $23.54.

This is a +2.79% increase from the previous day's closing price.

A total volume of 9,182 shares were traded at the close of the day’s session.

In the last one week, shares of First Bancorp Inc have slipped by -4.73%.

First Bancorp Inc's Key Ratios

First Bancorp Inc has a market cap of $253.87 million, indicating a price to book ratio of 1.4948 and a price to sales ratio of 3.4653.

In the last 12-months First Bancorp Inc’s revenue was $86.70 million with a gross profit of $91.29 million and an EBITDA of $0. The EBITDA ratio measures First Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Bancorp Inc’s operating margin was 50.29% while its return on assets stood at 1.26% with a return of equity of 15.08%.

In Q2, First Bancorp Inc’s quarterly earnings growth was a negative -26.4% while revenue growth was a negative 12%.

First Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.3163

PEG

0

Its diluted EPS in the last 12-months stands at $3.13 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Bancorp Inc’s profitability.

First Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.4653.

First Bancorp Inc stock pays annual dividends of $1.37 per share, indicating a yield of 5.96% and a payout ratio of 43.77%.

Balance sheet and cash flow metrics

Total Assets

$2.87 billion

Total Liabilities

$89.40 million

Operating Cash Flow

$-73301000.00

Capital Expenditure

$60000

Dividend Payout Ratio

43.77%

First Bancorp Inc ended 2024 with $2.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.87 billion while shareholder equity stood at $232.00 million.

First Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $89.40 million in other current liabilities, 111000.00 in common stock, $205.54 million in retained earnings and $30.65 million in goodwill. Its cash balance stood at $29.06 million and cash and short-term investments were $307.41 million. The company’s total short-term debt was $89,401,000 while long-term debt stood at $114.48 million.

First Bancorp Inc’s total current assets stands at $321.01 million while long-term investments were $668.34 million and short-term investments were $278.36 million. Its net receivables were $13.60 million compared to accounts payable of $0 and inventory worth $0.

In 2024, First Bancorp Inc's operating cash flow was $-73301000.00 while its capital expenditure stood at $60000.

Comparatively, First Bancorp Inc paid $0.44 in dividends in 2024.

Other key metrics

Current Trading Price

$23.54

52-Week High

$30.8166

52-Week Low

$22.1795

Analyst Target Price

$

First Bancorp Inc stock is currently trading at $23.54 per share. It touched a 52-week high of $30.8166 and a 52-week low of $30.8166. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $25.5 and 200-day moving average was $26.34 The short ratio stood at 4.91 indicating a short percent outstanding of 0%.

Around 587.5% of the company’s stock are held by insiders while 4880% are held by institutions.