First Bancorp (FNLC) & Its Rivals Financial Contrast

First Bancorp (NASDAQ: FNLC) is one of 201 publicly-traded companies in the “Commercial Banks” industry, but how does it contrast to its competitors? We will compare First Bancorp to related businesses based on the strength of its dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Earnings and Valuation

This table compares First Bancorp and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
First Bancorp $73.38 million $19.59 million 14.93
First Bancorp Competitors $389.80 million $86.86 million 5.34

First Bancorp’s competitors have higher revenue and earnings than First Bancorp. First Bancorp is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares First Bancorp and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
First Bancorp 26.69% 11.04% 1.10%
First Bancorp Competitors 18.90% 8.72% 0.94%

Analyst Recommendations

This is a breakdown of current recommendations for First Bancorp and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Bancorp 0 0 0 0 N/A
First Bancorp Competitors 557 3199 2577 91 2.34

As a group, “Commercial Banks” companies have a potential upside of 8.75%. Given First Bancorp’s competitors higher probable upside, analysts plainly believe First Bancorp has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

32.0% of First Bancorp shares are owned by institutional investors. Comparatively, 46.7% of shares of all “Commercial Banks” companies are owned by institutional investors. 6.6% of First Bancorp shares are owned by company insiders. Comparatively, 11.8% of shares of all “Commercial Banks” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

First Bancorp pays an annual dividend of $0.96 per share and has a dividend yield of 3.6%. First Bancorp pays out 53.0% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.9% and pay out 37.6% of their earnings in the form of a dividend.

Risk & Volatility

First Bancorp has a beta of 0.66, meaning that its stock price is 34% less volatile than the S&P 500. Comparatively, First Bancorp’s competitors have a beta of 0.69, meaning that their average stock price is 31% less volatile than the S&P 500.

Summary

First Bancorp competitors beat First Bancorp on 7 of the 12 factors compared.

About First Bancorp

The First Bancorp, Inc. is the bank holding company of First National Bank (the Bank). The Bank offers a range of financial services to individuals and companies in coastal Maine. The Company, through First Advisors, a division of the Bank, offers a range of private banking, financial planning, investment management and trust services to individuals, businesses, non-profit organizations and municipalities of various asset sizes. The Bank also offers automated teller machine (ATM) processing services. The Bank offers a range of loans, such as commercial loans, including real estate loans, construction loans and other loans; municipal loans; residential loans, including term loans and construction loans; home equity line of credit, and consumer loans. The Bank offers various deposits, such as demand deposits, negotiable order of withdrawal (NOW) accounts, money market accounts, savings and certificates of deposits.

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