Valuation, from the filing
| Public float | $271.24M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $24.07 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 7.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
7.9× earnings today, against a median of 9.2× across 10 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $271.24M | 7.9× | |
| 2024-06-30 | $263.93M | 9.8× | |
| 2023-06-30 | $257.81M | 8.7× | |
| 2022-06-30 | $313.23M | 8.0× | |
| 2021-06-30 | $305.58M | 8.4× | |
| 2020-06-30 | $222.03M | 8.2× | |
| 2019-06-30 | $273.08M | 10.7× | |
| 2018-06-30 | $286.37M | 12.2× | |
| 2017-06-30 | $273.00M | 13.9× | |
| 2016-06-30 | $217.29M | 12.1× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the National Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | 18.0% | 22th | |
| Long-term debt / equity | 0.34x | 54th |
First Bancorp, Inc /ME/ (FNLC) reported net income of $37.81M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from First Bancorp, Inc /ME/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | Unavailable |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $37.81M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $45.94M |
| Income tax expense | $8.13M |
| Diluted EPS | $3.37 |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | Unavailable |
| Total assets | $3.22B |
| Current assets | Unavailable |
| Total liabilities | $2.92B |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $292.96M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | Unavailable |
| Goodwill | $30.65M |
| Long-term debt | $35.50M |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $38.07M |
| Capital expenditures | $2.45M |
| Investing cash flow | -$12.05M |
| Financing cash flow | -$23.62M |
| Net change in cash | $2.40M |
| Stock-based compensation | $1.07M |
| Common dividends paid | $16.63M |
| Common share repurchases | $306.00K |
| Depreciation & amortization | Unavailable |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $35.62M |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | Unavailable |
| SBC / revenue | Unavailable |
| Current ratio | Unavailable |
| Revenue YoY growth | Unavailable |
| Net margin | Unavailable |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | 0.12x |
| Effective tax rate | 17.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FNLC in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.