First Bancorp (FNLC) Receives Coverage Optimism Score of 0.12

Media coverage about First Bancorp (NASDAQ:FNLC) has trended somewhat positive on Monday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Bancorp earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 45.3853158340404 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of First Bancorp (NASDAQ:FNLC) opened at $27.48 on Monday. The company has a market cap of $297.54, a P/E ratio of 15.79 and a beta of 0.64. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.64. First Bancorp has a 12-month low of $25.00 and a 12-month high of $32.33.

First Bancorp (NASDAQ:FNLC) last released its quarterly earnings results on Wednesday, October 18th. The bank reported $0.46 EPS for the quarter. The firm had revenue of $15.45 million for the quarter. First Bancorp had a net margin of 26.51% and a return on equity of 10.68%.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, January 8th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Friday, January 5th. First Bancorp’s payout ratio is presently 55.17%.

Separately, BidaskClub cut First Bancorp from a “hold” rating to a “sell” rating in a report on Saturday, December 9th.

In other news, Director Bruce B. Tindal sold 3,450 shares of First Bancorp stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $30.58, for a total transaction of $105,501.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 6.63% of the stock is currently owned by insiders.

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First Bancorp Company Profile

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.

Insider Buying and Selling by Quarter for First Bancorp (NASDAQ:FNLC)

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