FNLC (First Bancorp) Moat Score: 3/10 (As of Jun. 24, 2026)


FNLC First Bancorp Inc FNLC
57 GF Score
Price $34.08
GF Value $29.46
Valuation Modestly Overvalued
! 6 Warning Signs
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What is First Bancorp Moat Score?

First Bancorp FNLC +0.52% 57 Moat Score is 3 as of Jun. 24, 2026. GuruFocus rates FNLC with a GF Score™ of 57/100 and a GF Value™ of $29.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,610 Banks companies, First Bancorp ranks better than 74.41% on this metric.

First Bancorp has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

First Bancorp has No Moat: First Bancorp Inc operates in a highly competitive banking sector with limited differentiation. It lacks significant cost advantages, network effects, or regulatory barriers that would provide a sustainable competitive edge.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Bancorp might have No Moat - Very weak/transient advantages.

First Bancorp  (NAS:FNLC) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Bancorp Moat Score Related Terms

FNLC vs NWFL, CHMG, BFCC: Moat Score Comparison

For the Banks - Regional subindustry, First Bancorp's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Bancorp Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, First Bancorp's Moat Score distribution charts can be found below:

* The bar in red indicates where First Bancorp's Moat Score falls into.


FNLC
57GF Score
First Bancorp Inc FNLC
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
First Bancorp (FNLC) has a Moat Score of 3 as of Jun. 24, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Bancorp ranks #412 out of 1610 companies in the Banks industry, placing it in the top 25.6%.
Is First Bancorp's Moat Score too high?
First Bancorp's current Moat Score is 3. Based on the distribution chart, First Bancorp ranks #412 out of 1610 companies in the Banks industry, which is above the industry midpoint. Overall, First Bancorp has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Bancorp's Moat Score compare to NWFL and CHMG?
According to the Banks industry distribution chart, First Bancorp ranks #412 out of 1610 companies for Moat Score. This puts First Bancorp in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First Bancorp's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Bancorp stock overvalued right now?
Based on GuruFocus' analysis, First Bancorp (FNLC) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.46, compared to a current price of $34.08 — trading 15.7% above its estimated fair value. The current Moat Score is 3. First Bancorp's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Bancorp (FNLC), the current Moat Score is 3 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Bancorp (FNLC) Overvalued in 2026?

Based on GuruFocus' analysis, First Bancorp stock appears to be overvalued. The current stock price of $34.08 is trading 15.7% above its estimated GF Value™ of $29.46. GuruFocus considers First Bancorp to be Modestly Overvalued.

Key valuation signals for FNLC:

  • Moat Score: 3
  • GF Value™: $29.46 vs. price of $34.08 (15.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the FNLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Bancorp Business Description

Address 223 Main Street, Damariscotta, ME, USA, 04543
First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services, including deposit accounts and consumer, commercial, and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.
57GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.08
Price
$29.46
GF Value