First Bancorp, Inc (FNLC) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, First Bancorp reported revenue of $94.7M, up 18.0% from $80.3M the year before. Net income was $34.4M (a 36.3% net margin), or $3.07 per diluted share. Net interest income was $77.4M, and the efficiency ratio (noninterest expense / revenue) was 53.8%. Operating activities generated $37.8M of cash, leaving $34.6M of free cash flow. At fiscal year end, First Bancorp held $3.17B in total assets against $2.88B in total liabilities.
Open the full interactive First Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
First Bancorp Key Stats
| Share Price | $33.57 |
|---|---|
| Market Cap | $378.6M |
| P/E Ratio | 10.9 |
| Dividend Yield | 4.39% |
| Revenue YoY Growth | +18.0% |
| 52-Week Range | $23.24 – $35.28 |
| Shares Outstanding | 11.1 million (basic, 2026 Q2) |
First Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $59.8M | $66.3M | $76.2M | $65.2M | $63.9M | $77.4M |
| Provision for Credit Losses | $6.0M | -$375,000 | $1.8M | $1.3M | $525,000 | $2.0M |
| Noninterest Income | $18.1M | $19.4M | $16.9M | $15.4M | $16.4M | $17.3M |
| Noninterest Expense | $39.7M | $42.1M | $43.9M | $43.8M | $47.2M | $50.9M |
| Revenue | $78.0M | $85.7M | $93.0M | $80.6M | $80.3M | $94.7M |
| Pre-Tax Income | $32.2M | $43.9M | $47.4M | $35.7M | $32.6M | $41.9M |
| Income Tax | $5.1M | $7.6M | $8.4M | $6.2M | $5.5M | $7.5M |
| Net Income | $27.1M | $36.3M | $39.0M | $29.5M | $27.0M | $34.4M |
| Diluted EPS | $2.48 | $3.30 | $3.53 | $2.66 | $2.43 | $3.07 |
First Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $24.5M | $25.8M | $25.1M | $25.8M |
| Net Income | $9.1M | $10.2M | $9.0M | $9.6M |
| Diluted EPS | $0.81 | $0.91 | $0.80 | $0.85 |
First Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | — | — | — | $2.11B | $2.32B | $2.37B |
| Total Assets | $2.36B | $2.53B | $2.74B | $2.95B | $3.16B | $3.17B |
| Deposits | $1.84B | $2.12B | $2.38B | $2.60B | $2.73B | $2.66B |
| Total Long-Term Debt | $55.1M | $55.1M | $84,000 | $20.1M | $95.0M | $95.5M |
| Total Liabilities | $2.14B | $2.28B | $2.51B | $2.70B | $2.90B | $2.88B |
| Shareholders' Equity | $223.7M | $245.7M | $228.9M | $243.1M | $252.5M | $283.1M |
First Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $22.7M | $56.7M | $41.2M | $36.9M | $26.0M | $37.8M |
| Cash From Investing | -$250.1M | -$201.7M | -$247.6M | -$199.8M | -$217.4M | -$3.0M |
| Cash From Financing | $239.2M | $139.5M | $208.5M | $172.1M | $187.1M | -$34.7M |
| Free Cash Flow | $20.2M | $52.9M | $39.8M | $34.3M | $24.6M | $34.6M |
| Dividends Paid | $13.3M | $13.9M | $14.8M | $15.4M | $15.8M | $16.3M |
Figures from First Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full First Bancorp financials page for every line item.
First Bancorp Company Profile
| Ticker | FNLC |
|---|---|
| Exchange | Nasdaq |
| Industry | National Commercial Banks |
| Headquarters | Damariscotta, Maine |
| Incorporated in | Maine |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000765207 |
Frequently Asked Questions
What was First Bancorp's revenue in fiscal 2025?
First Bancorp (FNLC) reported revenue of $94.7M for fiscal 2025.
What is First Bancorp's annual revenue history?
First Bancorp's annual revenue by fiscal year: 2020: $78.0M; 2021: $85.7M; 2022: $93.0M; 2023: $80.6M; 2024: $80.3M; 2025: $94.7M.
What was First Bancorp's net income in fiscal 2025?
First Bancorp reported net income of $34.4M for fiscal 2025.
What was First Bancorp's earnings per share (EPS) in fiscal 2025?
First Bancorp's diluted EPS was $3.07 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did First Bancorp generate in fiscal 2025?
First Bancorp generated $34.6M of free cash flow in fiscal 2025.
What was First Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), First Bancorp reported revenue of $25.8M.
How much debt does First Bancorp have?
First Bancorp reported $95.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of First Bancorp are outstanding?
First Bancorp reported a weighted average of 11.1 million basic shares outstanding in 2026 Q2.
What is First Bancorp's market cap?
Based on its latest closing price, First Bancorp (FNLC) has a market capitalization of about $378.6M.
When does First Bancorp's fiscal year end?
First Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is First Bancorp headquartered?
First Bancorp lists its business address in Damariscotta, Maine in its SEC filings.