First Financial Statements From 2010 to 2023

FNLC Stock  USD 30.62  0.31  1.02%   
First Bancorp financial statements provide useful quarterly and yearly information to potential First Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Bancorp financial statements helps investors assess First Bancorp's valuation, profitability, and current liquidity needs.
We have found eighty-three available fundamental signals for First Bancorp, which can be analyzed and compared to other ratios and to its rivals. Please make sure to verify all of First Bancorp's prevailing performance against the performance from 2010 to 2023 to make sure the company is sustainable down the road.
First Bancorp Free Cash Flow is projected to increase significantly based on the last few years of reporting. The past year's Free Cash Flow was at 60.88 Million.
  
Check First Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Consolidated Income of 33.5 M, Earning Before Interest and Taxes EBIT of 41 M or Gross Profit of 85.1 M, as well as many exotic indicators such as Calculated Tax Rate of 22.87, PPandE Turnover of 3.03 or Cash and Equivalents Turnover of 1.34. First financial statements analysis is a perfect complement when working with First Bancorp Valuation or Volatility modules. It can also supplement First Bancorp's financial leverage analysis and stock options assessment as well as various First Bancorp Technical models . Please check the analysis of First Bancorp Correlation against competitors.

First Bancorp Revenues

76.97 Million

First Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Accumulated Retained Earnings Deficit178.9 M207.5 M128.3 M
Up
Slightly volatile
Property Plant and Equipment Net30.9 M33.3 M24.1 M
Up
Slightly volatile
Total Liabilities1.7 B2.1 B1.6 B
Up
Slightly volatile
Investments2.4 B2.7 B1.8 B
Up
Slightly volatile
Goodwill and Intangible Assets35.8 M35.2 M30.4 M
Up
Slightly volatile
Shareholders Equity USD254.5 M282.5 M192.7 M
Up
Slightly volatile
Shareholders Equity192.1 M221.1 M183.8 M
Up
Slightly volatile
Deposit Liabilities2.1 B2.4 B1.4 B
Up
Slightly volatile
Total Debt USD169.7 M122.7 M236 M
Down
Slightly volatile
Total Debt169.7 M122.7 M236 M
Down
Slightly volatile
Cash and Equivalents USD108.3 M100.4 M40.9 M
Up
Slightly volatile
Cash and Equivalents84.8 M78.6 M37.6 M
Up
Slightly volatile
Total Assets1.9 B2.3 B1.8 B
Up
Slightly volatile
Accumulated Other Comprehensive Income(1.6 M)(1.5 M)897.1 K
Down
Slightly volatile
Long Term Debt89.1 M63.4 M93.5 M
Down
Slightly volatile

First Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense7.5 M8.8 M5.4 M
Up
Slightly volatile
Weighted Average Shares Diluted9.7 M9.9 M10.4 M
Up
Pretty Stable
Weighted Average Shares9.6 M9.8 M10.4 M
Up
Pretty Stable
Selling General and Administrative Expense42.9 M47.4 M32.5 M
Up
Slightly volatile
Revenues USD85.1 M99 M61 M
Up
Slightly volatile
Revenues77 M86.8 M75.4 M
Up
Slightly volatile
Operating Income41 M50.5 M27.3 M
Up
Slightly volatile
Operating Expenses44.1 M48.5 M33.7 M
Up
Slightly volatile
Net Income Common Stock USD33.5 M41.7 M21.9 M
Up
Slightly volatile
Net Income Common Stock33.5 M41.7 M21.9 M
Up
Slightly volatile
Net Income35.2 M32.6 M21.4 M
Up
Slightly volatile
Gross Profit85.1 M99 M61 M
Up
Slightly volatile
Earning Before Interest and Taxes USD41 M50.5 M27.3 M
Up
Slightly volatile
Earning Before Interest and Taxes EBIT41 M50.5 M27.3 M
Up
Slightly volatile
Consolidated Income33.5 M41.7 M21.9 M
Up
Slightly volatile

First Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation1.1 M984.4 K449.5 K
Up
Slightly volatile
Net Cash Flow from Operations55.1 M51 M31.2 M
Up
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(183.8 M)(179.1 M)(107.5 M)
Down
Slightly volatile
Net Cash Flow from Investing(238.1 M)(232 M)(120.7 M)
Down
Slightly volatile
Net Cash Flow from Financing135.4 M125.5 M82.5 M
Up
Slightly volatile
Issuance Repayment of Debt Securities (116.1 M)(113.1 M)(24.4 M)
Down
Slightly volatile
Issuance Purchase of Equity Shares402.7 K392.4 K1.3 M
Down
Pretty Stable
Net Cash Flow Business Acquisitions and Disposals(6.3 M)(6.1 M)181.3 K
Down
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(6.6 M)(6.4 M)(423.2 K)
Down
Slightly volatile
Depreciation Amortization and Accretion2.3 M2.3 M1.8 M
Up
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share233261175
Up
Slightly volatile
Sales per Share7.167.967.1258
Up
Slightly volatile
Return on Sales0.560.590.4462
Up
Slightly volatile
Return on Invested Capital0.01750.01960.0131
Up
Slightly volatile
Return on Average Equity11.7913.9110.9377
Up
Slightly volatile
Return on Average Assets1.161.341.1131
Up
Slightly volatile
Price to Sales Ratio5.014.614.4406
Up
Slightly volatile
Price to Earnings Ratio10.18.4912.8052
Down
Slightly volatile
Price to Book Value1.651.621.3916
Up
Slightly volatile
Payout Ratio0.420.340.5489
Down
Slightly volatile
Profit Margin28.4333.8426.0732
Up
Slightly volatile
Gross Margin0.890.90.9853
Down
Slightly volatile
Free Cash Flow per Share4.724.372.7401
Up
Slightly volatile
Enterprise Value over EBITDA12.748.9618.1051
Down
Slightly volatile
Enterprise Value over EBIT13.359.019.382
Down
Slightly volatile
Earnings per Basic Share USD3.093.832.0278
Up
Slightly volatile
Earnings per Diluted Share3.212.971.9625
Up
Slightly volatile
Earnings per Basic Share3.243.01.9762
Up
Slightly volatile
EBITDA Margin0.590.610.4769
Up
Slightly volatile
Dividends per Basic Common Share1.341.451.0402
Up
Slightly volatile
Dividend Yield0.03720.0360.0428
Down
Slightly volatile
Debt to Equity Ratio0.260.260.534
Down
Slightly volatile
Book Value per Share23.4325.6918.0564
Up
Slightly volatile
Asset Turnover0.04920.04540.0441
Down
Pretty Stable
Total Assets Per Share179207170
Up
Slightly volatile
Cash Flow Per Share5.014.642.9167
Up
Slightly volatile
Calculated Tax Rate22.8720.0221.3228
Down
Slightly volatile
PPandE Turnover3.033.093.2914
Up
Pretty Stable
Cash and Equivalents Turnover1.341.313.1151
Down
Slightly volatile
Revenue to Assets0.04770.04390.043
Down
Pretty Stable

First Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Asset Value2.5 B2.9 B1.9 B
Up
Slightly volatile
Market Capitalization356.5 M397.1 M264.8 M
Up
Slightly volatile
Invested Capital Average2.7 B2.9 B2.1 B
Up
Slightly volatile
Invested Capital2.7 B2.9 B2.1 B
Up
Slightly volatile
Free Cash Flow65.7 M60.9 M31.3 M
Up
Slightly volatile
Enterprise Value550.5 M526.2 M476 M
Up
Slightly volatile
Average Equity247.4 M272.2 M189.4 M
Up
Slightly volatile
Earnings before Tax41 M50.5 M27.3 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD43.3 M52.8 M29.1 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA43.3 M52.8 M29.1 M
Up
Slightly volatile
Average Assets2.5 B2.9 B1.9 B
Up
Slightly volatile
Revenue Per Employee302.3 K322.7 K314.3 K
Up
Slightly volatile
Net Income Per Employee97.8 K121.3 K84.6 K
Up
Slightly volatile

First Fundamental Market Drivers

Cash And Short Term Investments310.9 M

First Upcoming Events

Upcoming Quarterly Report19th of January 2022
Next Fiscal Quarter End31st of December 2021

About First Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Bancorp income statement, its balance sheet, and the statement of cash flows. First Bancorp investors use historical funamental indicators, such as First Bancorp's revenue or net income, to determine how well the company is positioned to perform in the future. Although First Bancorp investors may use each financial statement separately, they are all related. The changes in First Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Revenues86.8 M77 M
Revenue to Assets 0.0439  0.0477 
Revenue Per Employee322.7 K302.3 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Bancorp's short interest history, or implied volatility extrapolated from First Bancorp options trading.

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Please check the analysis of First Bancorp Correlation against competitors. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is First Bancorp's industry 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
(0.046) 
Market Capitalization
338.2 M
Quarterly Revenue Growth
(0.06) 
Return On Assets
0.0148
Return On Equity
0.1643
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 First Bancorp value 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.