First Bancorp Stock Today
| FNLC Stock | USD 22.74 0.22 0.98% |
Performance0 of 100
| Odds Of DistressLess than 5
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First Bancorp is trading at 22.74 as of the 25th of April 2024, a 0.98 percent increase since the beginning of the trading day. The stock's open price was 22.52. First Bancorp has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for First Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 15th of July 1999 | Category Financial Services | Classification Financials |
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 11.13 M outstanding shares of which 28.87 K shares are currently shorted by private and institutional investors with about 1.85 trading days to cover. More on First Bancorp
Moving together with First Stock
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| 0.8 | PB | Prosperity Bancshares Normal Trading | PairCorr |
Moving against First Stock
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| 0.67 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.66 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.6 | TECTP | Tectonic Financial | PairCorr |
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| 0.5 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
| 0.41 | VBFC | Village Bank | PairCorr |
Follow Valuation Options Odds of Bankruptcy
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First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Tony McKim | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering First Bancorp report their recommendations after researching First Bancorp's financial statements, talking to executives and customers, or listening in on First Bancorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Bancorp. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Bancorp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of First Bancorp's profitability, liquidity, and operating efficiency, First Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of First Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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First Bancorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Bancorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Bancorp's financial leverage. It provides some insight into what part of First Bancorp's total assets is financed by creditors.
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First Bancorp (FNLC) is traded on NASDAQ Exchange in USA. It is located in 223 Main Street, Damariscotta, ME, United States, 04543 and employs 271 people. First Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 250.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Bancorp's market, we take the total number of its shares issued and multiply it by First Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. First Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 11.13 M outstanding shares of which 28.87 K shares are currently shorted by private and institutional investors with about 1.85 trading days to cover.
First Bancorp currently holds about 99.19 M in cash with 36.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.98.
Check First Bancorp Probability Of Bankruptcy
Ownership AllocationFirst Bancorp retains a total of 11.13 Million outstanding shares. 30% of First Bancorp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check First Ownership Details
First Stock Price Odds Analysis
What are First Bancorp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Bancorp jumping above the current price in 90 days from now is about 75.63%. The First Bancorp probability density function shows the probability of First Bancorp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3735. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Bancorp will likely underperform. Additionally, first Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Bancorp to move above the current price in 90 days from now is about 75.63 (This First Bancorp probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Stock Institutional Holders
Institutional Holdings refers to the ownership stake in First Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Bancorp's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 49.2 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 48 K | |
| Lsv Asset Management | 2023-12-31 | 44.8 K | |
| Foundry Partners, Llc | 2023-12-31 | 39.9 K | |
| Stifel Financial Corp | 2023-12-31 | 37.5 K | |
| Royal Bank Of Canada | 2023-12-31 | 34.5 K | |
| Coston, Mcisaac & Partners | 2023-12-31 | 33.4 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 28.5 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 26 K | |
| Blackrock Inc | 2023-12-31 | 761 K | |
| First Bancorp, Inc /me/ | 2023-12-31 | 726.7 K |
First Bancorp Historical Income Statement
First Bancorp Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Bancorp revenue and expense. First Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, First Bancorp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 134.6 M, whereas Depreciation And Amortization is forecasted to decline to about 24.7 K. View More FundamentalsFirst Stock Against Markets
Picking the right benchmark for First Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Bancorp is critical whether you are bullish or bearish towards First Bancorp at a given time. Please also check how First Bancorp's historical prices are related to one of the top price index indicators.
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First Bancorp Corporate Directors
First Bancorp corporate directors refer to members of a First Bancorp board of directors. The board of directors generally takes responsibility for the First Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Bancorp's board members must vote for the resolution. The First Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Renee Kelly | Director | Profile | |
| Stuart Smith | Director | Profile | |
| Katherine Boyd | Independent Director | Profile | |
| Cornelius Russell | Director | Profile |
How to buy First Stock?
Before investing in First Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Bancorp. To buy First Bancorp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Bancorp guide.
Already Invested in First Bancorp?
The danger of trading First Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is First Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 1.4 | Earnings Share 2.48 | Revenue Per Share 7.088 | Quarterly Revenue Growth (0.07) |
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.