The First Bancorp, Inc. (Nasdaq:FNLC) is a reputable holding company that operates First National Bank, a leading provider of top-notch banking products and services to individuals and businesses. With a solid presence in Maine, the company boasts of a network of 5 branches strategically located across the state. As of the latest financial report, The First Bancorp, Inc. has amassed an impressive total asset value of USD 2.7 billion, making it a trusted partner for community members.
Comps: Sterling Bancorp, Inc. (Nasdaq:SBT), Shore Bancshares, Inc. (Nasdaq:SHBI)
Compared to other banking firms, The First Bancorp excels in many key fundamentals. To enumerate, it stands out in earnings per share, price-to-earnings ratio, profit margin, return-on-equity, net income, and yield. While not having a stellar revenue, its margins and earnings ratios allow it to offer growth and income potential as its yield is over 5%.