First Bancorp Stock Today
| FNLC Stock | USD 28.74 0.06 0.21% |
Performance3 of 100
| Odds Of DistressLess than 3
|
First Bancorp is trading at 28.74 as of the 28th of November 2024, a 0.21 percent decrease since the beginning of the trading day. The stock's open price was 28.8. First Bancorp has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for First Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 11.15 M outstanding shares of which 31.89 K shares are currently shorted by private and institutional investors with about 2.56 trading days to cover. More on First Bancorp
Moving together with First Stock
| 0.89 | AX | Axos Financial | PairCorr |
| 0.94 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.92 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
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First Stock Highlights
| CEO | Tony McKim |
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
| Financial Strength | |
First Bancorp (FNLC) is traded on NASDAQ Exchange in USA. It is located in 223 Main Street, Damariscotta, ME, United States, 04543 and employs 271 people. First Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 321.17 M. First Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 11.15 M outstanding shares of which 31.89 K shares are currently shorted by private and institutional investors with about 2.56 trading days to cover.
First Bancorp currently holds about 99.19 M in cash with 36.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.98.
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Ownership AllocationThe market capitalization of First Bancorp is $321.17 Million. Over half of First Bancorp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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First Bancorp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Bancorp market risk premium is the additional return an investor will receive from holding First Bancorp long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) |
First Stock Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.
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.