Katherine Boyd - First Bancorp Independent Director

FNLC Stock  USD 22.74  0.22  0.98%   

Director

Ms. Katherine M. Boyd is an Independent Director of The First Bancorp, Inc. She has served as a Director of the Company and the Bank since 1993. A resident of Boothbay Harbor, she owns the Boothbay Region Greenhouses with her husband and she serves as CFO since 1993.
Age 64
Tenure 31 years
Address 223 Main Street, Damariscotta, ME, United States, 04543
Phone207 563 3195
Webhttps://www.thefirst.com
Boyd is past President of the Boothbay Region YMCA and graduated with a BA from Pitzer College in 1973.

First Bancorp Management Efficiency

At present, First Bancorp's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.13, whereas Return On Capital Employed is forecasted to decline to 0. At present, First Bancorp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 3 B, whereas Total Current Assets are forecasted to decline to about 45 M. First Bancorp's management efficiency ratios could be used to measure how well First Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 70.3 M in liabilities with Debt to Equity (D/E) ratio of 8.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, First Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Bancorp's use of debt, we should always consider it together with cash and equity.

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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. It employs 267 people. 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.

Management Performance

First Bancorp Leadership Team

Elected by the shareholders, the First Bancorp's board of directors comprises two types of representatives: First Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Bancorp's management team and ensure that shareholders' interests are well served. First Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Renee Kelly, Director
Tammy Plummer, Executive Vice President CIO of the Bank
Tony McKim, CEO and President Director, CEO of First National Bank and President of First National Bank and Director of First National Bank
Charles Wootton, Executive VP, Clerk, Executive VP of The First National Bank and Sr. Loan Officer of The First National Bank
Stephen Ward, CFO, Principal Accounting Officer, Executive VP, Treasurer, Principal of Pemaquid Advisors, CFO of Pemaquid Advisors, CFO of First National Bank, Executive VP of The First National Bank and Treasurer of First National Bank
Stuart Smith, Director
David Soule, Chairman of the Board and The First Bank
Katherine Boyd, Independent Director
Cornelius Russell, Director
Mark Rosborough, Independent Director
Bruce Tindal, Independent Director
Sarah Tolman, Executive Vice President Branch Administration of the Bank
Stephen Poulin, Senior Vice President Senior Credit Officer of The First Bank
Richard Elder, Sr. VP-Retail Services of The First National Bank
Susan Norton, Executive VP of HR, Compliance Officer, Executive VP of HR - First National Bank and Compliance Officer of First National Bank
Steven Parady, Executive Vice President Chief Fiduciary Officer of the Bank
Robert Gregory, Independent Director

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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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
(0.25)
Dividend Share
1.4
Earnings Share
2.48
Revenue Per Share
7.088
Quarterly Revenue Growth
(0.07)
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.