The First Bancorp, Inc (FNLC)

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About The First Bancorp, Inc

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individual and corporate customers. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; loans to finance construction of owner- and non-owner occupied commercial real estate properties; and revolving and term loan obligations to business and corporate enterprises for the purpose of financing working capital or capital investment. In addition, it offers municipal loans for capitalized expenditures, construction projects, or tax-anticipation notes; residential term loans that include amortizing home mortgages and construction loans, which include loans for owner-occupied residential construction; home equity loans and lines of credit; and consumer loans, which are amortizing loans to individuals collateralized by automobiles, pleasure crafts, and recreation vehicles, as well as unsecured short-term time notes. Further, the company provides private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations, and municipalities, as well as ATM processing services. It operates through 17 full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. Address: 223 Main Street, Damariscotta, ME, United States, 04543

The First Bancorp, Inc News and around…

Latest news about The First Bancorp, Inc (FNLC) common stock and company :

The First Bancorp Declares Fourth Quarter Dividend
30 Dec, 2021 FinancialContent

The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This fourth quarter dividend is payable January 21, 2022 to shareholders of record as of January 10, 2022. Based on the December 29, 2021 closing price of $31.70 per share, the annualized dividend of $1.28 per share translates to a yield of 4.04%.

Here's Why We Think First Bancorp (NASDAQ:FNLC) Is Well Worth Watching
04 Dec, 2021 Yahoo! Finance

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

The First Bancorp Third Quarter Earnings Increase 27.0%
20 Oct, 2021 FinancialContent

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2021. Unaudited net income was $9.0 million, up $1.9 million or 27.0% from the $7.1 million reported for the three months ended September 30, 2020, representing a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.17 to $0.82 per share, an increase of 26.2% from the prior year. The Company also reported results for the nine months ended September 30, 2021. Net income was $26.7 million, up $6.6 million or 32.6% from the first nine months of 2020, and representing a new high mark for nine month earnings. Year-to-date earnings per share on a fully diluted basis were $2.43, up $0.59 or 32.1% from the same period in 2020.

First Bancorp (NASDAQ:FNLC) Is Increasing Its Dividend To US$0.32
04 Oct, 2021 Yahoo! Finance

The First Bancorp, Inc.'s ( NASDAQ:FNLC ) dividend will be increasing to US$0.32 on 22nd of October. This makes the...

The First Bancorp Declares Third Quarter Dividend
30 Sep, 2021 FinancialContent

The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This third quarter dividend is payable October 22, 2021 to shareholders of record as of October 12, 2021. Based on the September 29, 2021 closing price of $29.50 per share, the annualized dividend of $1.28 per share translates to a yield of 4.34%.

Could The The First Bancorp, Inc. (NASDAQ:FNLC) Ownership Structure Tell Us Something Useful?
27 Aug, 2021 Yahoo! Finance

The big shareholder groups in The First Bancorp, Inc. ( NASDAQ:FNLC ) have power over the company. Insiders often own a...

Wall Street ignores these ‘orphan’ stocks, but they’ve beaten the S&P 500 over 20 years
18 Aug, 2021 FinancialContent

A business might be considered boring, but a solid operator can make owners of its stock a lot of money while flying under the radar.

The First Bancorp's Second Quarter Earnings Increase 33.8%
21 Jul, 2021 FinancialContent

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2021. Unaudited net income was $8.8 million, up $2.2 million or 33.8% from the $6.6 million reported for the three months ended June 30, 2020. Earnings per common share for the period on a fully diluted basis were up $0.20 to $0.80 per share, an increase of 33.3% from the prior year. The Company also reported results for the six months ended June 30, 2021. Net income was $17.7 million, up $4.6 million or 35.6% from the first six months of 2020, with earnings per share on a fully diluted basis of $1.61, up $0.41 or 34.2% from the same period in 2020.

Analyzing First Bancorp's Ex-Dividend Date
06 Jul, 2021 FinancialContent

On June 24, 2021, First Bancorp (NASDAQ:FNLC) declared a dividend payable on July 19, 2021 to its shareholders. First Bancorp also ...

First Bancorp (NASDAQ:FNLC) Is Paying Out A Larger Dividend Than Last Year
28 Jun, 2021 Yahoo! Finance

The board of The First Bancorp, Inc. ( NASDAQ:FNLC ) has announced that it will be increasing its dividend on the 19th...

The First Bancorp Declares Second Quarter Dividend
24 Jun, 2021 FinancialContent

The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This first quarter dividend is payable July 19, 2021 to shareholders of record as of July 8, 2021. Based on the June 23, 2021 closing price of $29.88 per share, the annualized dividend of $1.28 per share translates to a yield of 4.28%.

The First Bancorp Names New Director
03 May, 2021 FinancialContent

Tony C. McKim, President and Chief Executive Officer of The First Bancorp, Inc., (the “Company”) (Nasdaq: FNLC), and its banking subsidiary, First National Bank, (the “Bank"), announced today that Kimberly Swan of Bar Harbor, Maine has been elected to serve as a Director for the Bank and the Company. “On behalf of the Board of Directors and the management team, I welcome Ms. Swan. We look forward to adding Kim’s expertise, insight and perspective to the Boards of The First Bancorp and First National Bank.” Ms. Swan has been appointed to the Company's Governance Committee and the Bank's Directors Loan Committee and Trust Committee.

The First Bancorp Reports Record First Quarter Earnings
21 Apr, 2021 FinancialContent

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2021. Unaudited net income was $8.9 million, up $2.4 million or 37.4% from the $6.5 million reported for the three months ended March 31, 2020. Earnings per common share for the period on a fully diluted basis were up $0.21 to $0.81 per share, an increase of 35.0% from the prior year.

Need To Know: The First Bancorp, Inc. (NASDAQ:FNLC) Insiders Have Been Buying Shares
16 Apr, 2021 Yahoo! Finance

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...

The First Bancorp Declares First Quarter Dividend
25 Mar, 2021 FinancialContent

The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 31 cents per share. This first quarter dividend is payable April 16, 2021 to shareholders of record as of April 6, 2021. Based on the March 24, 2021 closing price of $28.08 per share, the annualized dividend of $1.24 per share translates to a yield of 4.42%.

First Bancorp (NASDAQ:FNLC) Has Compensated Shareholders With A Respectable 72% Return On Their Investment
02 Mar, 2021 Yahoo! Finance

If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...

The First Bancorp Reports Results for 2020
20 Jan, 2021 FinancialContent

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2020. Unaudited net income was $27.1 million, up $1.6 million or 6.3% from the $25.5 million reported for the year ended December 31, 2019. Earnings per common share on a fully diluted basis were up $0.14 to $2.48 per share, an increase of 6.0% from the prior year. The Company also announced operating results for the three months ended December 31, 2020. Unaudited net income was $7.0 million, up $284,000 or 4.2% from the final three months of 2019, with earnings per share on a fully diluted basis of $0.64, up $0.03 or 4.9% from the same period in 2019.

The First Bancorp Reports Third Quarter Earnings
21 Oct, 2020 FinancialContent

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2020. Unaudited net income was $7.1 million, a new quarterly record for the Company, and up $807,000 or 12.8% from the $6.3 million reported for the three months ended September 30, 2019. Earnings per common share for the period on a fully diluted basis were up $0.07 to $0.65 per share, an increase of 12.1% from the prior year. The Company also reported results for the nine months ended September 30, 2020. Net income was $20.2 million, up $1.3 million or 7.0% from the first nine months of 2019, with earnings per share on a fully diluted basis of $1.84, up $0.11 or 6.4% from the same period in 2019.

The First Bancorp, Inc (FNLC) is a NASDAQ Common Stock listed in , ,

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