First Net Interest Income from 2010 to 2024

FNLC Stock  USD 27.07  0.35  1.28%   
First Bancorp's Net Interest Income is increasing over the years with slightly volatile fluctuation. Net Interest Income is expected to dwindle to about 61.3 M. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
15.1 M
Current Value
16.4 M
Quarterly Volatility
M
 
Covid
Check First Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.7 K, Interest Expense of 66.1 M or Selling General Administrative of 13.3 M, as well as many indicators such as Price To Sales Ratio of 6.44, Dividend Yield of 0.0302 or PTB Ratio of 1.8. First financial statements analysis is a perfect complement when working with First Bancorp Valuation or Volatility modules.
  
Check out the analysis of First Bancorp Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Bancorp's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of First Bancorp over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. First Bancorp's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bancorp's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

First Net Interest Income Regression Statistics

Arithmetic Mean51,157,257
Geometric Mean49,989,625
Coefficient Of Variation23.02
Mean Deviation9,912,042
Median47,303,000
Standard Deviation11,777,077
Sample Variance138.7T
Range35.2M
R-Value0.89
Mean Square Error32.3T
R-Squared0.78
Significance0.000012
Slope2,331,186
Total Sum of Squares1941.8T

First Net Interest Income History

202461.3 M
202365.2 M
202276.2 M
202166.3 M
202059.8 M
201952.5 M
201850.2 M

About First Bancorp Financial Statements

First Bancorp stakeholders use historical fundamental indicators, such as First Bancorp's Net Interest Income, to determine how well the company is positioned to perform in the future. Although First Bancorp investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Bancorp's assets and liabilities are reflected in the revenues and expenses on First Bancorp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income65.2 M61.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of First Bancorp Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space 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
0.015
Dividend Share
1.42
Earnings Share
2.38
Revenue Per Share
7.084
Quarterly Revenue Growth
0.056
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.