First Bancorp Inc (FNLC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 07, 2020
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First Bancorp Inc (FNLC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. First Bancorp Inc is a Damariscotta based bank holding company of The First National Bank of Damariscotta providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. First Bancorp Inc has a market cap of $276.092 million; its shares were traded at around $25.33 with a P/E ratio of 10.78 and P/S ratio of 4.20. The dividend yield of First Bancorp Inc stocks is 4.70%. GuruFocus has detected 1 severe warning sign with First Bancorp Inc. .

For the last quarter First Bancorp Inc reported a revenue of $17.3 million, compared with the revenue of $16.25 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $66.7 million, an increase of 6.2% from last year. For the complete 30-year financial data, please go here.. For the last five years First Bancorp Inc had an average revenue growth rate of 5.7% a year.

The reported diluted earnings per share was $2.34 for the year, an increase of 7.8% from previous year. Over the last five years First Bancorp Inc had an EPS growth rate of 11.6% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, First Bancorp Inc has the cash and cash equivalents of $25.7 million, compared with $31.2 million in the previous year. The company had no long term debt. First Bancorp Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $25.33, First Bancorp Inc is traded at 15.6% premium to its historical median P/S valuation band of $21.91. The P/S ratio of the stock is 4.20, while the historical median P/S ratio is 3.62. The stock gained 2.79% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Mark N Rosborough bought 3,000 shares of FNLC stock on 02/28/2020 at the average price of $26.84. The price of the stock has decreased by 5.63% since.

For the complete 20-year historical financial data of FNLC, click here.