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 $25.56 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $25.43 - $26.01, and closed at $25.91.

This is a +0.08% increase from the previous day's closing price.

A total volume of 11,846 shares were traded at the close of the day’s session.

In the last one week, shares of First Bancorp Inc have slipped by -4.74%.

First Bancorp Inc's Key Ratios

First Bancorp Inc has a market cap of $293.88 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 $91.29 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 53.15% while its return on assets stood at 1.48% with a return of equity of 16.43%.

In Q4, First Bancorp Inc’s quarterly earnings growth was a negative -4.9% while revenue growth was a negative 6.4%.

First Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.5043

PEG

0

Its diluted EPS in the last 12-months stands at $3.45 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 $1.34 per share, indicating a yield of 5.13% and a payout ratio of 37.96%.

Balance sheet and cash flow metrics

Total Assets

$2.74 billion

Total Liabilities

$2.48 billion

Operating Cash Flow

$-3980000.00

Capital Expenditure

$866893

Dividend Payout Ratio

37.96%

First Bancorp Inc ended 2023 with $2.74 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.74 billion while shareholder equity stood at $228.92 million.

First Bancorp Inc ended 2023 with $0 in deferred long-term liabilities, $2.48 billion in other current liabilities, 110000.00 in common stock, $204.34 million in retained earnings and $30.65 million in goodwill. Its cash balance stood at $26.42 million and cash and short-term investments were $310.93 million. The company’s total short-term debt was $103,399,000 while long-term debt stood at $103.48 million.

First Bancorp Inc’s total current assets stands at $320.76 million while long-term investments were $678.41 million and short-term investments were $284.51 million. Its net receivables were $9.83 million compared to accounts payable of $0 and inventory worth $0.

In 2023, First Bancorp Inc's operating cash flow was $-3980000.00 while its capital expenditure stood at $866893.

Comparatively, First Bancorp Inc paid $0.38 in dividends in 2023.

Other key metrics

Current Trading Price

$25.91

52-Week High

$31.6836

52-Week Low

$25.31

Analyst Target Price

$

First Bancorp Inc stock is currently trading at $25.91 per share. It touched a 52-week high of $31.6836 and a 52-week low of $31.6836. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $28.9 and 200-day moving average was $29.09 The short ratio stood at 4.89 indicating a short percent outstanding of 0%.

Around 583.3% of the company’s stock are held by insiders while 4918.2% are held by institutions.