First Bancorp (NASDAQ: FNLC) is one of 201 public companies in the “Commercial Banks” industry, but how does it contrast to its peers? We will compare First Bancorp to related businesses based on the strength of its institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.
Valuation & Earnings
This table compares First Bancorp and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|First Bancorp||$73.38 million||$19.59 million||14.93|
|First Bancorp Competitors||$389.54 million||$86.86 million||22.17|
Insider and Institutional Ownership
32.0% of First Bancorp shares are held by institutional investors. Comparatively, 46.7% of shares of all “Commercial Banks” companies are held by institutional investors. 6.6% of First Bancorp shares are held by company insiders. Comparatively, 11.8% of shares of all “Commercial Banks” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
First Bancorp pays an annual dividend of $0.96 per share and has a dividend yield of 3.6%. First Bancorp pays out 53.0% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.9% and pay out 37.0% of their earnings in the form of a dividend.
This is a summary of current ratings and price targets for First Bancorp and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|First Bancorp Competitors||557||3193||2575||91||2.34|
As a group, “Commercial Banks” companies have a potential upside of 8.75%. Given First Bancorp’s peers higher possible upside, analysts clearly believe First Bancorp has less favorable growth aspects than its peers.
This table compares First Bancorp and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|First Bancorp Competitors||18.90%||8.72%||0.94%|
Volatility and Risk
First Bancorp has a beta of 0.66, meaning that its share price is 34% less volatile than the S&P 500. Comparatively, First Bancorp’s peers have a beta of 0.67, meaning that their average share price is 33% less volatile than the S&P 500.
First Bancorp peers beat First Bancorp on 8 of the 12 factors compared.
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. The Bank also offers automated teller machine (ATM) processing services. The Bank offers a range of loans, such as commercial loans, including real estate loans, construction loans and other loans; municipal loans; residential loans, including term loans and construction loans; home equity line of credit, and consumer loans. The Bank offers various deposits, such as demand deposits, negotiable order of withdrawal (NOW) accounts, money market accounts, savings and certificates of deposits.
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