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First Bancorp Inc (FNLC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

First Bancorp Inc (FNLC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. First Bancorp Inc is a Damariscotta based bank holding company of The First National Bank of Damariscotta providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. First Bancorp Inc has a market cap of $278.680 million; its shares were traded at around $25.66 with a P/E ratio of 11.74 and P/S ratio of 4.52. The dividend yield of First Bancorp Inc stocks is 4.32%.


For the last quarter First Bancorp Inc reported a revenue of $16.2 million, compared with the revenue of $15.42 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $62.8 million, an increase of 4.9% from last year. For the last five years First Bancorp Inc had an average revenue growth rate of 5.1% a year.

The reported diluted earnings per share was $2.17 for the year, an increase of 19.9% from previous year. Over the last five years First Bancorp Inc had an EPS growth rate of 11.8% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, First Bancorp Inc has the cash and cash equivalents of $31.2 million, compared with $20.1 million in the previous year. The long term debt was $210.3 million, compared with $115.1 million in the previous year. First Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $25.66, First Bancorp Inc is traded at 25.8% premium to its historical median P/S valuation band of $20.40. The P/S ratio of the stock is 4.52, while the historical median P/S ratio is 3.57. The stock lost 6.15% during the past 12 months.

For the complete 20-year historical financial data of FNLC, click here.

This article first appeared on GuruFocus.