First Bancorp, Inc. (FNLC)

In the past six months, The First Bancorp, Inc. experienced stock events including a share price of $26.42 as of January 2, 2026, a slight decline from the previous year. On January 14, 2026, the stock price exceeded its two hundred-day moving average, reaching $26.56. The company declared a quarterly dividend of $0.37 per share, with an ex-dividend date of January 6, 2026, and a payment date of January 16, 2026. The company announced its third-quarter 2025 results on October 22, 2025, reporting a net income of $9.1 million and diluted earnings per share of $0.81, representing a 20% year-over-year increase in net income. A fourth-quarter dividend was declared on December 18, 2025. Second-quarter results were announced on July 23, 2025, and a second-quarter dividend was declared on June 26, 2025. There were also tranche updates on an equity buyback plan announced on May 9, 2025, and July 22, 2024.

The banking industry, including community banks like The First Bancorp, Inc., experiences seasonal trends in loan demand, with low points in January and February, increases in March, and peaks in August or September, before declining through December. This seasonality is influenced by interest rates, where falling rates increase loan demand and rising rates decrease it. Increased demand for investment services is often observed in December and early January due to portfolio rebalancing and tax planning. The First Bancorp, Inc. noted that non-maturity deposits followed normal seasonal patterns in the first quarter of 2025.

The First Bancorp, Inc. (Maine) operates as a bank holding company for First National Bank, offering banking products and services to individual and corporate customers. It is a relationship-driven community bank in the Finance sector, specifically the Major Banks industry. Its services include deposit accounts, commercial loans, residential real estate loans, and personal lines of credit. Additionally, it provides private banking, financial planning, investment management, trust services, brokerage, annuity, and insurance products through its First National Wealth Management division.

The First Bancorp, Inc. has a concentrated presence along the coast of Maine, operating through 18 full-service banking offices. These offices are located in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine, with two branches in the greater Bangor area.

The First Bancorp, Inc. emphasizes its commitment to stakeholders through its ESG practices, highlighting a culture of respect, friendliness, dedication, and trustworthiness. In 2024, First National Bank engaged in philanthropic activities, including donating 55 items and committing $50,000 to non-profits addressing food insecurity in Maine. The company also noted increased use of digital banking products, with a 15.45% year-over-year increase in online banking enrollment and approximately 75% of online banking users enrolled in electronic statements. No specific events negatively impacted The First Bancorp, Inc.'s brand reputation in the past year were found.

The ownership structure of The First Bancorp, Inc. is weighted toward individual and retail investors, with a significant number of institutional owners. Major institutional shareholders include BlackRock, Inc., First Bancorp, Inc /ME/, Vanguard Group Inc, Dimensional Fund Advisors Lp, Manufacturers Life Insurance Company, The, iShares Russell 2000 ETF (IWM), Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), Geode Capital Management, Llc, John Hancock Financial Opportunities Fund, and State Street Corp.