First BancorpFNLC
FNLC
About: First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.
Employees: 275
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
4% more funds holding
Funds holding: 67 [Q2] → 70 (+3) [Q3]
4% more capital invested
Capital invested by funds: $118M [Q2] → $123M (+$5.14M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.33% less ownership
Funds ownership: 42.48% [Q2] → 42.14% (-0.33%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FNLC.
Financial journalist opinion
Neutral
Business Wire
5 days ago
The First Bancorp Declares Fourth Quarter Dividend
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This fourth quarter dividend is payable January 16, 2025 to shareholders of record as of January 6, 2025. "As we approach 2024 year-end, I am pleased to announce a dividend of 36 cents per share for the fourth quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues t.
Neutral
Business Wire
2 months ago
The First Bancorp Announces Third Quarter Results
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited net income of $7.6 million with diluted earnings per share of $0.68 for the quarter ended September 30, 2024. The Company also reported results for the nine months ended September 30, 2024. Net income year-to-date in 2024 was $19.8 million, with diluted earnings per share of $1.78. Third Quarter Notable Items: Net Income grow.
Neutral
Business Wire
2 months ago
The First Bancorp Declares Third Quarter Dividend
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This third quarter dividend is payable October 18, 2024 to shareholders of record as of October 8, 2024. "I'm pleased to announce a dividend of 36 cents per share for the third quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value.
Positive
Seeking Alpha
5 months ago
4 Upcoming Dividend Increases Including A King
Four dividend increases this week, including Universal Corporation, with a 1.25% increase, extending its 53-year dividend growth streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. I share data on companies with consistent dividend growth history merged with other metrics to find valuable investment ideas.
Neutral
Business Wire
5 months ago
The First Bancorp Declares Second Quarter Dividend
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This second quarter dividend is payable July 19, 2024 to shareholders of record as of July 9, 2024. The quarterly cash dividend of 36 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I'm pleased to announce that the Board of Directors approved a one cent i.
Neutral
Business Wire
8 months ago
The First Bancorp Announces First Quarter Results
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudited net income for the period was $6.0 million as compared to net income of $8.0 million for the quarter ended March 31, 2023, and net income of $6.7 million for the prior quarter ended December 31, 2023. Diluted earnings per share were $0.54, $0.72 and $0.60 for those same periods, respectively. CEO COM.
Neutral
Business Wire
8 months ago
The First Bancorp Declares First Quarter Dividend
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This first quarter dividend is payable April 19, 2024 to shareholders of record as of April 9, 2024. "I'm pleased to announce a first quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value we offer our.
Positive
InvestorPlace
9 months ago
7 Wise Stock Picks for the Risk-Averse Investor
The allure of risk-averse stocks remains as pronounced as ever, given the current headwinds facing the stock market. This volatile environment and economic indicators clouded by uncertainty pave the way for an investment strategy rooted in caution yet poised for growth.
Neutral
Business Wire
11 months ago
The First Bancorp Reports Results for 2023
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2023. Unaudited net income was $29.5 million, a decrease of 24.3% from the $39.0 million reported for the year ended December 31, 2022. Earnings per common share on a fully diluted basis were down $0.87 to $2.66 per share, a decrease of 24.6% from the prior year. The Company also announced operating results for the three.
Neutral
Business Wire
1 year ago
The First Bancorp Declares Fourth Quarter Dividend
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This fourth quarter dividend is payable January 19, 2024 to shareholders of record as of January 8, 2024. "I'm pleased to announce a fourth quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important part of the value we.
Charts implemented using Lightweight Charts™