The First Bancorp, Inc.

The First Bancorp, Inc.verified

FNLC

Price:

$29.3

Market Cap:

$326.75M

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, savings, money market, and certificates of deposit accounts. The company also provides commercial real estate loan products, such as mortgage loans to finance investments in real property comprising multi-family residential, commercial/retail, office, industrial, hotel, educational, and other specific or mixed use properties; commercial construction loans to finance construction of owner- and non-owner occupied commercial real estate properties; and other commercial loan...[Read more]

Industry

Banks - Regional

IPO Date

1999-07-14

Stock Exchange

NASDAQ

Ticker

FNLC

The Current Ratio as of November 2024 (TTM) for The First Bancorp, Inc. (FNLC) is 255.87

According to The First Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 255.87. This represents a change of 299.87% compared to the average of 63.99 of the last 4 quarters.

The First Bancorp, Inc. (FNLC) Historical Current Ratio (quarterly & annually)

How has FNLC Current Ratio performed in the past?

The mean historical Current Ratio of The First Bancorp, Inc. over the last ten years is 4.16. The current 255.87 Current Ratio has changed 614.61% with respect to the historical average. Over the past ten years (40 quarters), FNLC's Current Ratio was at its highest in in the September 2024 quarter at 255.87. The Current Ratio was at its lowest in in the September 2022 quarter at 0.00.

Quarterly (TTM)
Annual

Average

4.16

Median

3.49

Minimum

0

Maximum

10.86

The First Bancorp, Inc. (FNLC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of The First Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 52.08%

Maximum Annual Current Ratio = 10.86

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20220.18-44.75%
20210.33-83.39%
20201.96-13.01%
20192.25-75.24%
20189.09-16.30%
201710.8652.08%
20167.1451.16%
20154.72-7.45%
20145.10-18.72%

The First Bancorp, Inc. (FNLC) Average Current Ratio

How has FNLC Current Ratio performed in the past?

The current Current Ratio of The First Bancorp, Inc. (FNLC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.17

5-year avg

0.94

10-year avg

4.16

The First Bancorp, Inc. (FNLC) Current Ratio vs. Peers

How is FNLC’s Current Ratio compared to its peers?

The First Bancorp, Inc.’s Current Ratio is greater than LINKBANCORP, Inc. (0), greater than Cullman Bancorp, Inc. (76.62), greater than Bankwell Financial Group, Inc. (2.38), greater than FS Bancorp, Inc. (0), greater than Finward Bancorp (5.76), greater than Community West Bancshares (0.33), greater than First Financial Northwest, Inc. (1.75), greater than Oak Valley Bancorp (0), greater than HMN Financial, Inc. (4.41), greater than First Northwest Bancorp (2.40), greater than Oconee Federal Financial Corp. (0.21), greater than Home Federal Bancorp, Inc. of Louisiana (0), greater than First Capital, Inc. (173.51), greater than Lake Shore Bancorp, Inc. (0), greater than National Bankshares, Inc. (0.58),

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