First Bancorp, Inc. (FNLC)

In the past six months, The First Bancorp, Inc. reported a net income of $9.1 million in Q3 2025, with diluted EPS of $0.81, representing a 20.0% increase from Q3 2024 and a 12.6% increase from Q2 2025. The net interest margin expanded to 2.70%, up 38 basis points from Q3 2024, driven by enhanced earning asset yields and reduced funding costs. Non-maturity deposits grew by $139.5 million, and the efficiency ratio improved to 50.40%. The tangible book value per share rose to $21.74, up 7.3% from Q3 2024. A quarterly shareholder dividend of $0.37 per share was declared and paid on October 16, 2025. The stock price traded up by $0.42 during midday trading on October 22, 2025, reaching $25.64, with a market capitalization of $287.45 million and a price-to-earnings ratio of 9.57. Short interest in FNLC has recently increased by 1.19%, indicating a decreasing investor sentiment.

Seasonality analysis for The First Bancorp, Inc. indicates that current seasonal signals are balanced for October, with a statistically strong window projected to culminate around January 12, 2026. Specific demand seasonality for its products and services is not explicitly detailed beyond these general stock performance trends.

The First Bancorp, Inc. operates in the banking services sector, offering community banking services to individuals, small businesses, and nonprofits. Its products include deposit accounts like checking, savings, and CDs, along with online and mobile banking. Lending services cover consumer, residential mortgage, commercial, agricultural, and real estate loans. The company also provides treasury management, remote deposit capture, merchant card processing, private banking, financial planning, investment management, trust services, brokerage, annuity, and insurance products.

The company's geographic footprint is concentrated in central and eastern Maine, operating through 18 community banking offices along Maine's coast from Wiscasset to Calais, and two branches in the greater Bangor area. These branches serve Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties. The First Bancorp emphasizes local decision-making and community involvement, tailoring products to regional industries such as forestry, aquaculture, and tourism.

First National Bank, the subsidiary of The First Bancorp, Inc., was named among the "Best Places to Work in Maine 2025." The company maintains a strong focus on community involvement, sponsoring various economic development initiatives and financial education programs, which contributes positively to its brand reputation. There is no information available indicating any significant negative events that have affected the company's reputation in the past year.

Institutional investors and hedge funds collectively own 40.41% of The First Bancorp, Inc.'s stock. Mutual Funds & ETFs hold 19.91% of the shares, while other institutional investors own 30.99%. Notable institutional investors who increased their holdings in the first quarter include American Century Companies Inc., Nuveen LLC, Goldman Sachs Group Inc., and Charles Schwab Investment Management Inc. First Bancorp Inc ME also grew its holdings during the second quarter.