# The First Bancorp, Inc. (FNLC)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $345M  
**Price:** $30.80 (+2.46%)

> First Bancorp, Inc. is a financial holding company focused on providing community banking services. The corporation operates a network of banks that offer a comprehensive range of financial products and services, including deposit accounts, mortgage lending, consumer lending, and commercial banking solutions. Catering primarily to small and medium-sized businesses, and individual customers, First Bancorp facilitates economic growth and resilience within its local communities. Noteworthy for its emphasis on personalized customer service, the institution strives to meet the unique financial needs of its client base. First Bancorp plays a significant role in the banking sector by contributing to financial stability and economic development in the regions it serves. Through its traditional banking operations, First Bancorp aims to support local enterprises and enhance the financial well-being of its customers, establishing itself as a reliable pillar within the financial industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $160M | — | — | $34M | — |
| 2024 | $149M | — | — | $27M | — |
| 2023 | $128M | — | — | $30M | — |
| 2022 | $93M | — | — | $39M | — |
| 2021 | $77M | — | — | $36M | — |
| 2020 | $77M | — | — | $27M | — |
| 2019 | $79M | — | — | $26M | — |
| 2018 | $71M | — | — | $24M | — |
| 2017 | $61M | — | — | $20M | — |
| 2016 | $54M | — | — | $18M | — |
| 2015 | $51M | — | — | $16M | — |
| 2014 | $51M | — | — | $15M | — |
| 2013 | $50M | — | — | $13M | — |
| 2012 | $52M | — | — | $13M | — |
| 2011 | $56M | — | — | $12M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.17B | $2.88B | $283M | — | $96M |
| 2024 | $3.16B | $2.90B | $252M | — | $95M |
| 2023 | $2.95B | $2.70B | $243M | — | — |
| 2022 | $2.74B | $2.51B | $229M | — | $84,000 |
| 2021 | $2.53B | $2.28B | $246M | — | $55M |
| 2020 | $2.36B | $2.14B | $224M | — | $55M |
| 2019 | $2.07B | $1.86B | $213M | $14M | $10M |
| 2018 | $1.94B | $1.75B | $192M | $19M | $65M |
| 2017 | $1.84B | $1.66B | $181M | $19M | $115M |
| 2016 | $1.71B | $1.54B | $173M | $17M | $120M |
| 2015 | $1.56B | $1.40B | $167M | $14M | $115M |
| 2014 | $1.48B | $1.32B | $162M | $13M | $90M |
| 2013 | $1.46B | $1.32B | $146M | $17M | $130M |
| 2012 | $1.41B | $1.26B | $156M | $15M | $140M |
| 2011 | $1.37B | $1.22B | $151M | $14M | $130M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $38M | $3M | $35M |
| 2024 | $26M | $1M | $25M |
| 2023 | $37M | $3M | $34M |
| 2022 | $41M | $1M | $40M |
| 2021 | $57M | $4M | $53M |
| 2020 | $23M | $3M | $20M |
| 2019 | $26M | $2M | $24M |
| 2018 | $34M | $1M | $32M |
| 2017 | $22M | $3M | $20M |
| 2016 | $21M | $2M | $19M |
| 2015 | $21M | $927,000 | $20M |
| 2014 | $20M | $2M | $19M |
| 2013 | $25M | $2M | $23M |
| 2012 | $25M | $2M | $23M |
| 2011 | $30M | $1M | $29M |

Source: [CompaniesByCap](https://companiesbycap.com/company/FNLC)