First Stock Analysis

FNLC Stock  USD 29.19  0.11  0.38%   
The small slip in market price for the last few months could raise concerns from investors as the firm is trading at a share price of 29.19 on very low momentum in volume. The company executives did not add much value to First Bancorp investors in December. However, diversifying your holdings with First Bancorp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.53. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The First Bancorp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. First Bancorp is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. First Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and First Bancorp's ongoing operational relationships across important fundamental and technical indicators.

First Stock Analysis Notes

About 49.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Bancorp last dividend was issued on the 6th of January 2023. The entity had 3:1 split on the 2nd of June 2004. 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. To learn more about First Bancorp call Tony McKim at 207 563 3195 or check out https://www.thefirst.com.

First Bancorp Upcoming and Recent Events

Earnings reports are used by First Bancorp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Bancorp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report19th of January 2022
Next Fiscal Quarter End31st of December 2021

First Bancorp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. First Bancorp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that First Bancorp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial First Bancorp specific information freely available to individual and institutional investors to make a timely investment decision.
20th of July 2022
Results of Operations and Financial Condition
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30th of June 2022
Other Events
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3rd of May 2022
Submission of Matters to a Vote of Security Holders
View
20th of April 2022
Results of Operations and Financial Condition
View

First Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 322.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Bancorp's market, we take the total number of its shares issued and multiply it by First Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

First Profitablity

First Bancorp's profitability indicators refer to fundamental financial ratios that showcase First Bancorp's ability to generate income relative to its revenue or operating costs. If, let's say, First Bancorp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, First Bancorp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of First Bancorp's profitability requires more research than a typical breakdown of First Bancorp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.43 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.53 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.01.
Last ReportedProjected for 2023
Return on Average Assets 1.34  1.16 
Return on Average Equity 13.91  11.79 
Return on Invested Capital 0.0196  0.0175 
Return on Sales 0.59  0.56 

Management Efficiency

The entity has return on total asset (ROA) of 0.0148 % which means that it generated profit of $0.0148 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 0.1643 %, meaning that it created $0.1643 on every $100 dollars invested by stockholders. First Bancorp 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. As of January 30, 2023, Return on Average Assets is expected to decline to 1.16. In addition to that, Return on Average Equity is expected to decline to 11.79. First Bancorp Goodwill and Intangible Assets are projected to increase significantly based on the last few years of reporting. The past year's Goodwill and Intangible Assets were at 35.24 Million. The current year Revenue to Assets is expected to grow to 0.0477, whereas Total Assets are forecasted to decline to about 1.9 B.
Last ReportedProjected for 2023
Book Value per Share 25.69  23.43 
Enterprise Value over EBIT 9.00  13.35 
Enterprise Value over EBITDA 8.96  12.74 
Price to Book Value 1.62  1.65 
Tangible Assets Book Value per Share 261.08  233.06 
Enterprise Value526.2 M550.5 M
Tangible Asset Value2.9 B2.5 B
Forward Dividend Yield
0.0466
Forward Dividend Rate
1.36
Interest Expense
16.9 M
Total Operating Expenses
11.3 M
Beta
0.5208

Technical Drivers

As of the 30th of January, First Bancorp shows the Mean Deviation of 1.3, coefficient of variation of 11091.03, and Downside Deviation of 1.59. First Bancorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for First Bancorp, which can be compared to its rivals. Please confirm First Bancorp treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if First Bancorp is priced favorably, providing market reflects its regular price of 29.19 per share. Given that First Bancorp has jensen alpha of (0.17), we urge you to verify First Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.

First Bancorp Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. First Bancorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for First Bancorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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First Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

First Bancorp Technical and Predictive Indicators

First Bancorp Forecast Models

First Bancorp time-series forecasting models is one of many First Bancorp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Bancorp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About First Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Bancorp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as First Bancorp. By using and applying First Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
Last ReportedProjected for 2023
EBITDA Margin 0.61  0.59 
Gross Margin 0.90  0.89 
Profit Margin 33.84  28.43 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding First Bancorp to your portfolios without increasing risk or reducing expected return.

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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
322.4 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.