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Companies / Financials / First Bancorp, Inc
FNLC

First Bancorp, Inc

FinancialsCommercial Banks
Ticker FNLCDAMARISCOTTA, MEFiscal year ends DecemberBook value per share $26.00Diluted shares 11.3M

The First Bancorp, Inc. (NASDAQ: FNBK) operates as a financial holding company providing comprehensive banking and wealth management services primarily throughout Mid-Coast and Eastern Maine. The company's website is located at https://investors.thefirst.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$94.72M
+18.0% year over year
Last 12 mo $101.34M
44.28%
+3.7 percentage points
Last 12 mo 45.33%
$34.39M
+27.2% year over year
Last 12 mo $37.81M
12.15%
+1.4 percentage points
Last 12 mo 12.91%
Cash & financing
$37.81M
+45.2% year over year
Last 12 mo $38.07M
$34.59M
+40.8% year over year
Last 12 mo $35.62M
10.07
Was 11.37× a year earlier
Last 12 mo 0.73
11.2M
+0.6% year over year
Last 12 mo 11.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What First Bancorp, Inc does

In the company’s own words

The First Bancorp, Inc. (NASDAQ: FNBK) operates as a financial holding company providing comprehensive banking and wealth management services primarily throughout Mid-Coast and Eastern Maine. The company's website is located at https://investors.thefirst.com.

The First Bancorp's principal subsidiary is First National Bank, which traces its origins to 1864 when it was chartered as a national bank. The company itself was incorporated in Maine in 1985 and adopted its current name in 2008. The Bank operates eighteen branch locations across its primary market area, including offices in Hancock, Washington, and Penobscot counties. In 2022, the company opened a de novo branch in Brewer, Maine, representing its second location in Penobscot County. The company previously expanded through the acquisition of FNB Bankshares in 2005 and the purchase of a branch from Bangor Savings Bank in 2020.

First National Bank offers traditional banking products and services including deposit accounts, cash management solutions, payment processing, and consumer, commercial, and mortgage loans. The loan portfolio reflects a significant commercial focus, with commercial, commercial real estate, and commercial construction loans representing approximately 41 percent of total loans. The company emphasizes personal service and local decision-making, targeting small businesses, government entities, non-profit organizations, and individuals within its market area.

Beyond traditional banking, the company provides wealth management services through First National Wealth Management, an operating division offering private banking, financial planning, investment management, and trust services. In 2019, the company introduced First National Investment Services, which provides brokerage, annuity products, and insurance offerings through a third-party partnership.

As of December 31, 2025, the company employed 283 individuals with a full-time equivalent of 278 employees, the majority residing and working in Maine. The company maintains a commitment to digital banking capabilities, having invested in mobile and digital platforms, commercial loan origination systems, and document imaging technologies. The company is well capitalized under regulatory standards, with a consolidated Total Capital Ratio of 14.02 percent as of year-end 2025.

Company details
Sector
Financials
Industry
Commercial Banks
Headquarters
DAMARISCOTTA, ME
Fiscal year end
December
CIK
765207
SIC
6021

Financial performance, year by year

Fiscal 2013–2025 · USD
$-10.13M$20.27M$50.67M$81.07M$111.48M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns First Bancorp, Inc — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

136
funds hold it
0 of 35
superinvestors hold it
$72.86M
held by funds, at market
20.0%
of shares held by funds

Largest fund holders · First Bancorp, Inc’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.03%of fund net assets
Regional Bank Fund
FRBAX · John Hancock Investment Trust II
0.42%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do First Bancorp, Inc and its peers compare on margins and cash generation over ten years?”
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