FNLC: The First Bancorp, Inc. - Summary | Jitta

The First Bancorp, Inc.

NASDAQ:FNLC

Price
$28.42
Loss Chance
42.9%
6.94JITTA SCORE
5.18%Under Jitta Line
Jitta Ranking
66 / 322
124 / 701
244 / 4,228
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (59)
Recent Business Performance (83)
Financial Strength (84)
Return to Shareholders (80)
Competitive Advantage (70)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Dividend PayoutIncreasing Every Year
CapExVery Low
Total DepositConsistent
Loan to DepositEfficiency
Revenue and EarningEarning decline from 2022-2025
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
6.94
5.18%
6.39
296.03%
5.47
185.74%
Regional Banks
8.13
44.08%
7.19
30.19%
7.41
26.27%
COMPANY DESCRIPTION
The First Bancorp, Inc. operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers. It accepts various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans, such as mortgage loans to finance investments in real property, which includes retail spaces, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loans for financing working capital and/or capital investment. In addition, it offers commercial multifamily loans; residential real estate term and construction loans; loans to municipalities in Maine for capitalized expenditures, construction projects, or tax anticipation notes; home equity revolving and term loans; and personal lines of credit and amortizing loans for various purposes, such as autos, recreational vehicles, debt consolidation, personal expenses, or overdraft protection. Further, the company offers private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as brokerage, annuity, and various insurance products. It operates through full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.