Company Analysis

First Bancorp, Inc (FNLC)

Nasdaq: FNLC · National Commercial Banks · Damariscotta, ME · filing with the SEC since 1995
Grade4.8
◀ Past 4.8● Present 5.0▶ Future 4.5

The grade of First Bancorp, Inc

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past4.840% of the headline
● Present5.035% of the headline
▶ Future4.525% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.8/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2025-11-19.

weight 45% of this tense · 35th percentile among 83 sector filers · read for itself

From the record

First Bancorp, Inc's filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2025-11-19) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.5/10

What has it actually done, year after year?

+12.9% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 55th percentile among 79 sector filers · read for its customers

From the record

First Bancorp, Inc's 10 filed years say what it did: revenue went from $54 million in fiscal 2016 to $160 million in fiscal 2025, up 12.9% a year; it rose in 7 of 9 years; the deepest fall was 2% from fiscal 2019 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.9%top 49% of its family
  • the share of years revenue rosebottom 41% of its family
  • the share of filed years with a profittop 42% of its family
  • the deepest fall from a revenue peak2.0%top 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count grew 0.5% a year. 48% of cash flow returned. Insiders: 1 sales, 2 purchases.

weight 33% of this tense · 60th percentile among 81 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, First Bancorp, Inc's diluted share count grew about 0.5% a year, and dividends and buybacks returned about 48% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $43 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 49% of its family
  • cash returned against operating cash flowtop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 91%: owes 91¢ per asset dollar.

weight 45% of this tense · 51st percentile among 83 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, First Bancorp, Inc earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 91 cents per dollar of assets, and net share issuance: its share count grew 0.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 22% of its family
  • return on equitytop 19% of its family
  • the share count against the year beforetop 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.9/10

How strong is its position in its industry?

bottom 39% of 79 in its family; net margin 21.5%.

weight 33% of this tense · 39th percentile among 79 sector filers · read for its customers

From the record

First Bancorp, Inc's standing among 79 graded names in its industry family: revenue of $160 million in fiscal 2025 ranks in the bottom 20% by size; a net margin of 21.5% ranks in the bottom 41%; revenue growth of 19.9% a year over the last 3 filed years ranks in the top 44% (its annual reports).

What it rests on

  • revenue against the family$160Mbottom 20% of its family
  • net margin21.5%bottom 41% of its family
  • three-year revenue growth19.9%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.4/10

What are the people in charge doing?

top 36% of 74 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 64th percentile among 74 sector filers · read for its shareholders

From the record

First Bancorp, Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Mckim, Tony C (President & CEO, as filed), filing under that title since 2017-08-21, 9.2 years (top 32% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 11.3 years (top 5%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 18 peoplebottom 29% of its family
  • the median years the people in charge have filed11.3 yearstop 5% of its family
  • the chief executive's years on the record9.2 yearstop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.5/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.8/10

How much room does it have to grow?

bottom 28% of 71 in its family for room to expand.

weight 33% of this tense · 28th percentile among 71 sector filers · read for itself

From the record

First Bancorp, Inc's room to grow, from the newest filed statements (fiscal 2025): cash of $28 million against debt of $96 million leaves -2.1% of its assets as net cash, bottom 11% of its family; cash from operations less capital spending is 21.6% of revenue (bottom 46%) (its annual report).

What it rests on

  • cash less debt against assets-2.1%bottom 11% of its family
  • cash from operations less capital spending against revenue21.6%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.2/10

What could actually drive growth from here?

top 28% of 79 in its family for growth drivers.

weight 33% of this tense · 72nd percentile among 79 sector filers · read for its customers

From the record

First Bancorp, Inc's growth drivers, from the filed years to fiscal 2025: revenue grew 19.9% a year over the last three filed years against 12.9% over all 10, speeding up (top 36% of its family); the newest year grew 7.7% (top 25%); capital spending grew 31.9% a year (top 23%) (its annual reports). First Bancorp, Inc tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+7.0 points a yeartop 36% of its family
  • the newest year's revenue growth7.7%top 25% of its family
  • three-year growth of capital spending31.9%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.3/10

Did its newest year beat what its own record pointed to?

bottom 33% of 76 in its family for expectations against reality.

weight 33% of this tense · 33rd percentile among 76 sector filers · read for its shareholders

From the record

First Bancorp, Inc's newest year against its own record: revenue of $160 million in fiscal 2025 came in 14.8% below the $188 million its prior three years' pace pointed to (top 43% of its family); net income of $34 million against a prior three-year average of $32 million (bottom 26%); a net margin of 21.5% against 27.7% before (bottom 16%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-14.8%top 43% of its family
  • net income against the prior three years' average+8%bottom 26% of its family
  • net margin against its prior average-6.2 pointsbottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FNLC · research, not advice