First Bancorp Inc-ME

First Bancorp Inc-ME Stock Forecast & Price Prediction

Live First Bancorp Inc-ME Stock (FNLC) Price
$28.55

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$28.55

P/E Ratio

12.00

Volume Traded Today

$12,897

Dividend

$0.36

52 Week High/low

31.05/21.77

First Bancorp Inc-ME Market Cap

$318.4M

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FNLC Summary

Based on ratings from 0 stock analysts, the First Bancorp Inc-ME stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for First Bancorp Inc-ME. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

FNLC Analyst Ratings

First Bancorp Inc-ME has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that First Bancorp Inc-ME will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

FNLC stock forecast by analyst

These are the latest 20 analyst ratings of FNLC.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

FNLC Company Information

What They Do: Provides banking products and services.

Business Model: The company operates as a holding entity for First National Bank, offering a variety of deposit products and commercial loans. It generates revenue through interest on loans, fees from banking services, and charges from investment management and financial planning services.

Other Information: Established in 1864 and based in Damariscotta, Maine, the bank serves multiple counties in the region and provides services for both individuals and businesses, including private banking and insurance products. The company rebranded to its current name in 2008, reflecting its extensive history in the financial services industry.
FNLC
First Bancorp Inc-ME (FNLC)

When did it IPO

1999

Staff Count

271

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Tony C. McKim

Market Cap

$318.4M

First Bancorp Inc-ME (FNLC) Financial Data

In 2023, FNLC generated $80.6M in revenue, which was a decrease of -13.32% from the previous year. This can be seen as a signal that FNLC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$78.0M

Revenue From 2021

$85.7M

9.92 %
From Previous Year

Revenue From 2022

$93.0M

8.58 %
From Previous Year

Revenue From 2023

$80.6M

-13.32 %
From Previous Year
  • Revenue TTM $78.2M
  • Operating Margin TTM 46.3%
  • Gross profit TTM $0
  • Return on assets TTM 0.9%
  • Return on equity TTM 10.9%
  • Profit Margin 33.8%
  • Book Value Per Share 23.03%
  • Market capitalisation $318.4M
  • Revenue for 2021 $85.7M
  • Revenue for 2022 $93.0M
  • Revenue for 2023 $80.6M
  • EPS this year (TTM) $2.38

First Bancorp Inc-ME (FNLC) Latest News

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The First Bancorp reported Q3 2024 net income of $7.6 million ($0.68 EPS) and year-to-date net income of $19.8 million ($1.78 EPS).

Why It Matters - The First Bancorp's strong quarterly earnings growth indicates financial health, potentially boosting investor confidence and impacting stock performance positively.

News Image

Thu, 26 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The First Bancorp (NASDAQ: FNLC) declared a quarterly cash dividend of 36 cents per share, payable on October 18, 2024, to shareholders of record as of October 8, 2024.

Why It Matters - The declaration of a quarterly cash dividend signals financial stability and profitability for The First Bancorp, potentially attracting income-focused investors and supporting share price.

News Image

Wed, 24 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The First Bancorp reported Q2 2024 net income of $6.2 million ($0.55 EPS) and year-to-date net income of $12.2 million ($1.10 EPS). Total assets reached $3.0 billion.

Why It Matters - The First Bancorp's strong quarterly earnings and asset growth signal solid financial health, potentially attracting investors seeking stable returns and growth opportunities.

News Image

Fri, 05 Jul 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Universal Corporation announced a 1.25% dividend increase, marking 53 years of consecutive growth. Four companies raised dividends this week, aligning with strategies focused on consistent dividend growth.

Why It Matters - Dividend increases signal financial health and stability, attracting income-focused investors. Universal Corporation's long streak enhances its appeal, aligning with strategies focused on consistent growth.

News Image

Thu, 27 Jun 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The First Bancorp (NASDAQ: FNLC) declared a quarterly cash dividend of 36 cents per share, up from 35 cents, payable on July 19, 2024, to shareholders of record as of July 9, 2024.

Why It Matters - The increase in the quarterly cash dividend signals financial strength and a commitment to returning value to shareholders, potentially attracting more investors and boosting stock performance.

News Image

Wed, 17 Apr 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - The First Bancorp reported Q1 2024 net income of $6.0 million ($0.54 EPS), down from $8.0 million ($0.72 EPS) in Q1 2023 and $6.7 million ($0.60 EPS) in Q4 2023.

Why It Matters - Declining net income and earnings per share may signal financial challenges for The First Bancorp, potentially affecting stock valuation and investor confidence.

...

FNLC Frequently asked questions

The highest forecasted price for FNLC is $ from at .

The lowest forecasted price for FNLC is $ from from

The FNLC analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.