First BancorpFNLC +0.52%57 Net Margin % is 35.77% as of Mar. 2026, which is 2% below its 10-year median of 36.45. 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 1,527 Banks companies, First Bancorp ranks better than 79.04% on this metric.
Net margin is calculated as Net Income divided by its Revenue. First Bancorp's Net Income for the
three
months ended in Mar. 2026 was $8.99 Mil. First Bancorp's Revenue for the
three
months ended in Mar. 2026 was $25.14 Mil. Therefore, First Bancorp's net margin for the quarter that ended in Mar. 2026 was 35.77%.
The historical rank and industry rank for First Bancorp's Net Margin % or its related term are showing as below:
FNLC'
s Net Margin % Range Over the Past 10 Years
Min: 32.48 Med: 36.45 Max: 42.33
Current: 37.01
FNLC's Net Margin % is ranked better than 79.04% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs FNLC: 37.01
First Bancorp (NAS:FNLC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
First Bancorp Net Margin % Related Terms
First Bancorp Net Margin % Historical Data
* Premium members only.
The historical data trend for First Bancorp's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, First Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, First Bancorp's Net Margin % distribution charts can be found below:
* The bar in red indicates where First Bancorp's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
First Bancorp (FNLC) has a Net Margin % of 35.77% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on First Bancorp and its competitors. This is near median its historical median of 36.45. Over the past decade, First Bancorp's Net Margin % has ranged from 32.48 to 42.33. According to the industry distribution chart, First Bancorp ranks #320 out of 1527 companies in the Banks industry, placing it in the top 21%.
Is First Bancorp's Net Margin % too high?
First Bancorp's current Net Margin % of 35.77% is near median its 10-year median of 36.45. Over the past 10 years, this metric has ranged from a low of 32.48 to a high of 42.33. The Banks industry median Net Margin % is 26.95. First Bancorp's value of 35.77% is 32.7% above this industry median. Based on the distribution chart, First Bancorp ranks #320 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to NWFL and CHMG?
According to the Banks industry distribution chart, First Bancorp ranks #320 out of 1527 companies for Net Margin %. This places First Bancorp in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.95. First Bancorp's value of 35.77% is 32.7% above this benchmark. Historically, First Bancorp's own Net Margin % has ranged from 32.48 to 42.33 over the past decade. While the company's 10-year median is 36.45 vs. the industry median of 26.95, First Bancorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Bancorp's current Net Margin % of 35.77% is 32.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Bancorp and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Bancorp's current Net Margin % is 35.77%, which is near median its own 10-year median of 36.45. 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 Net Margin % is 35.77%, which is near median its 10-year median of 36.45 and 32.7% above the Banks industry median of 26.95. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Bancorp (FNLC), the current Net Margin % is 35.77% as of Mar. 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:
Net Margin %: 35.77% (near median its 10-year median of 36.45)
GF Value™: $29.46 vs. price of $34.08 (15.7% above fair value)
Industry Position: 32.7% above the Banks median (#320 of 1527)
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 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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