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XNAS
FNLC
Market cap377mUSD
Oct 08, Last price  
33.44USD
1D
0.39%
1Q
-0.03%
Jan 2017
1.03%
Name

First Bancorp Inc

Chart & performance

D1W1MN
XNAS:FNLC chart
P/E
10.96
P/S
2.12
EPS
3.05
Div yield, %
4.37%
Shrs. gr., 5y
0.51%
Rev. gr., 5y
13.27%
Revenues
178m
+7.37%
74,510,00081,866,00081,018,00075,323,00066,395,00067,452,00063,103,00062,023,00062,070,00063,040,00066,258,00073,380,00083,143,00092,840,00095,238,00096,464,000109,909,000143,615,000165,425,000177,611,000
Net income
34m
+27.17%
12,295,00013,101,00014,034,00013,042,00012,116,00012,364,00012,688,00012,965,00014,709,00016,206,00018,009,00019,588,00023,536,00025,525,00027,129,00036,269,00038,990,00029,518,00027,045,00034,394,000
CFO
38m
+45.18%
15,534,00010,827,00010,877,00018,735,00025,650,00029,725,00025,023,00024,984,00020,463,00020,742,00021,190,00022,273,00033,840,00026,053,00022,698,00056,693,00041,213,00036,919,00026,047,00037,814,000
Dividend
Oct 06, 20260.38 USD/sh

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Profile

The First Bancorp, Inc. functions as the holding company for First National Bank, providing a comprehensive suite of banking products and financial services to both individual customers and commercial enterprises. Its deposit offerings encompass various account types, such as demand, NOW, savings, money market, and certificates of deposit. The institution also plays a key role in commercial real estate financing, issuing mortgage loans for investments in diverse property types including multi-family dwellings, retail outlets, offices, industrial sites, hotels, and educational facilities. It also funds commercial construction projects, whether for owner-occupied properties or other ventures. Additionally, it extends other commercial credit solutions like revolving lines and term loans, designed to assist businesses and corporations with their working capital needs or capital investments. Furthermore, First Bancorp furnishes loans to municipalities for capital expenditures, construction initiatives, or as tax-anticipation notes. Its residential lending portfolio includes amortizing home mortgages and construction loans for owner-occupied homes, along with home equity loans and lines of credit. For individuals, it provides consumer loans, which are typically amortizing and secured by assets such as automobiles, pleasure crafts, and recreational vehicles, or available as unsecured short-term notes. Beyond traditional banking, the company delivers specialized services including private banking, financial planning, investment management, and trust administration, catering to individuals, businesses, non-profit organizations, and municipalities. Payment processing solutions are also part of its service array. The company operates through 18 full-service banking branches strategically situated across Maine's Mid-Coast, Eastern, and Down East regions, specifically within Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties. Established in 1864, the organization was originally known as First National Lincoln Corporation, adopting its current name, The First Bancorp, Inc., in April 2008. Its corporate headquarters are located in Damariscotta, Maine.

Key people

Bruce Tindal
Independent Chairman of the Board · since 2023
Tony Mckim
President, Chief Executive Officer, Director of the Company and The First Bank · since 2016
Christopher Austin
Clerk of the Company, Executive Vice President and Chief Legal Counsel of the Bank · since 2024
Jody Brown
Executive Vice President, Chief Risk Officer · since 2025
Brad Martin
Executive Vice President, Chief Information Officer · since 2026
Marcia Benner
Executive Vice President, Chief Administrative Officer · since 2025
Richard Elder
Treasurer of the Company, Executive Vice President and Chief Financial Officer of the Company and the Bank · since 2018
Peter Nicholson
Executive Vice President, Chief Fiduciary Officer of the Bank · since 2021
Jonathan Nicholson
Executive Vice President, Chief Lending Officer of the Bank · since 2021
Tammy Plummer
Executive Vice President, Chief Information Officer of the Bank · since 2016
Sarah Tolman
Executive Vice President, Chief Banking Officer of the Bank · since 2016
Robert Gregory
Independent Director · since 2007
Ingrid Kachmar
Independent Director · since 2025
Renee Kelly
Independent Director · since 2016
Cornelius Russell
Independent Director · since 2014
Stuart Smith
Independent Director · since 2013
Kimberly Swan
Independent Director · since 2021
F. Stephen Ward
Independent Director · since 2022
IPO date
Jul 14, 1999
Employees
273
Domiciled in
US
Incorporated in
US

Valuation

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