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First Bancorp (FNLC) AI Stock Analysis
First Bancorp
(NASDAQ:FNLC)
The score is driven primarily by solid (but not pristine) financial performance: revenue growth and healthy profitability are tempered by margin compression, rising leverage, and weaker cash-flow stability. Valuation is a meaningful positive with a low P/E and strong dividend yield, while technicals are the main near-term detractor due to weaker momentum and price below short-term moving averages. Corporate events add support through continued dividend growth and an orderly leadership transition.
First Bancorp Key Performance Indicators (KPIs)
Loan Portfolio By ClassAnalyzes the distribution of loans across different classes, providing insight into the bank's lending strategy, risk exposure, and potential income sources.
Around 2023 Q1 the portfolio was effectively re‑segmented—large Commercial Real Estate and Other Commercial buckets vanish while C&I, owner‑occupied/non‑owner RE, multifamily and home‑equity balances ramp, shifting exposure away from legacy CRE concentration toward C&I and consumer/residential lending. That reduces CRE-cycle vulnerability but increases sensitivity to small‑business and consumer credit trends; the outsized Agriculture balance in 2026 is anomalous and should be checked in filings as either a new strategic push or a reporting error.
The FlyFirst Bancorp (FNLC) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $410.23M
- Dividend Yield
- 4.13%
- Average Volume (3M)
- 33.92K
- Price to Earnings (P/E)
- 10.2
- Beta (1Y)
- 0.30
- Revenue Growth
- 2.06%
- EPS Growth
- 24.58%
- Country
- US
- Employees
- 278
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Banks - Regional
First Bancorp Business Overview & Revenue Model
Company Description
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 vari...
How the Company Makes Money
First Bancorp makes money primarily through its banking subsidiary by generating interest income on loans and investments, while paying interest on customer deposits and other funding sources. Its core earnings driver is net interest income: the spre...
First Bancorp Financial Statement Overview
Summary
Income statement strength (72) shows meaningful revenue expansion and still-healthy profitability, but margin compression versus 2021–2022 is a key risk. Balance sheet (64) is adequately capitalized with ~13% ROE, yet leverage has increased materially (debt-to-equity up to ~0.73). Cash flow (58) remains positive and tracks earnings, but recent FCF decline and low operating cash flow coverage reduce stability.
Income Statement
72PositiveBalance Sheet
64PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 175.56M | 177.61M | 165.43M | 143.62M | 109.91M | 96.46M |
| Gross Profit | 97.65M | 92.87M | 79.74M | 79.46M | 91.29M | 86.06M |
| EBITDA | 63.98M | 44.15M | 34.79M | 37.81M | 49.37M | 45.95M |
| Net Income | 39.40M | 34.39M | 27.05M | 29.52M | 38.99M | 36.27M |
Balance Sheet | ||||||
| Total Assets | 3.25B | 3.17B | 3.16B | 2.95B | 2.74B | 2.53B |
| Cash, Cash Equivalents and Short-Term Investments | 670.32M | 296.38M | 324.42M | 317.48M | 310.93M | 407.88M |
| Total Debt | 144.88M | 187.82M | 146.28M | 69.65M | 103.48M | 136.34M |
| Total Liabilities | 2.96B | 2.88B | 2.90B | 2.70B | 2.51B | 2.28B |
| Stockholders Equity | 288.15M | 283.14M | 252.49M | 243.08M | 228.92M | 245.66M |
Cash Flow | ||||||
| Free Cash Flow | 23.20M | 34.59M | 24.57M | 34.28M | 39.81M | 52.94M |
| Operating Cash Flow | 25.35M | 37.81M | 26.05M | 36.92M | 41.21M | 56.69M |
| Investing Cash Flow | -18.49M | -3.00M | -217.42M | -199.81M | -247.58M | -201.75M |
| Financing Cash Flow | -8.71M | -34.67M | 187.07M | 172.10M | 208.46M | 139.48M |
First Bancorp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNLC, the sentiment is Positive. The current price of 36.35 is above the 20-day moving average (MA) of 34.69, above the 50-day MA of 34.40, and above the 200-day MA of 30.81, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 65.47 is Neutral, neither overbought nor oversold. The STOCH value of 75.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNLC.
First Bancorp Risk Analysis
First Bancorp disclosed 32 risk factors in its most recent earnings report. First Bancorp reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksFirst Bancorp Peers Comparison
Overall Rating
PLBC81Outperform
CZFS79Outperform
PCB78Outperform
NECB71Outperform- FNLC69Neutral
WSBF65Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| PLBC | 81Outperform | $438.77M | 10.42 | 15.86% | 2.05% | 24.22% | 39.38% |
| CZFS | 79Outperform | $410.52M | 9.54 | 12.40% | 2.37% | 4.04% | 26.08% |
| PCB | 78Outperform | $410.80M | 9.75 | 10.72% | 2.94% | 3.68% | 23.37% |
| NECB | 71Outperform | $397.99M | 9.24 | 11.44% | 3.11% | -3.81% | -7.33% |
| FNLC | 69Neutral | $410.23M | 10.24 | 13.69% | 4.13% | 2.06% | 24.58% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| WSBF | 65Neutral | $351.45M | 11.37 | 8.63% | 3.38% | 4.60% | 52.13% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FNLC | The First Bancorp Inc | 36.35 | 12.70 | 53.67% | |
| NECB | Northeast Community | 28.91 | 9.62 | 49.90% | |
| PLBC | Plumas | 63.05 | 23.13 | 57.96% | |
| WSBF | Waterstone Financial | 19.55 | 4.79 | 32.41% | |
| CZFS | Citizens Financial Services | 85.35 | 32.71 | 62.15% | |
| PCB | PCB Bancorp | 29.25 | 8.18 | 38.80% |
First Bancorp Corporate Events
First Bancorp Declares Third-Quarter Cash Dividend Increase
PositiveOn September 24, 2026, The First Bancorp announced that its board declared a third-quarter cash dividend of 38 cents per share, reflecting the company’s strong start to the year. The dividend will be paid on October 16, 2026 to shareholders of...
First Bancorp Announces CIO Leadership Transition at Subsidiary
PositiveFirst National Bank, a subsidiary of First Bancorp, has marked a major leadership transition in its technology organization following the retirement of Executive Vice President and Chief Information Officer Tammy Plummer, who concluded a 41-year care...
First Bancorp extends streak with higher quarterly dividend
PositiveOn June 25, 2026, The First Bancorp, parent of First National Bank, declared a second-quarter cash dividend of $0.38 per share, up one cent from the dividends paid in each of the prior four quarters and payable on July 17, 2026, to shareholders of re...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 24, 2026