How to Buy First Bancorp Stock
First Bancorp Inc
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.
First Bancorp stock last closed at $22.24, up 1% from the previous day, and has decreased 9.74% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.17 percentage points. First Bancorp stock is currently +2.16% from its 52-week low of $21.77, and -23.73% from its 52-week high of $29.16.
As of Apr 17, 2024, there are 11.13M shares of FNLC outstanding. The market value of FNLC is $247.53M. In the past 24 hours, 10,522 FNLC shares were traded.
How to Buy First Bancorp Stock
Not sure how to invest in First Bancorp stock? Here's how.
- Figure out where to buy First Bancorp stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy First Bancorp stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Research First Bancorp stock: The First Bancorp ticker symbol is FNLC. Is First Bancorp stock a good investment? Should you buy shares of FNLC? How do FNLC's underlying business fundamentals look? Do top analysts think First Bancorp is a good buy? Why has FNLC's stock price moved recently? (Hint: Our stock research tools can help you evaluate if FNLC is a good stock to buy).
- Place your FNLC trade: Decide if you will purchase FNLC shares at the current market price or use a limit order to purchase FNLC shares at a particular price.
- Monitor your FNLC investment: Create a watchlist to get the latest news on your investment in First Bancorp shares.
Step 1: Figure out where to buy First Bancorp stock
You need an online brokerage account to access the NASDAQ market and buy FNLC shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in FNLC stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your investment account
Now that you've opened your account on the best app for stock investing, you need to deposit funds:
Watch this video walkthrough if you need help transferring money into your brokerage account.
Step 4: Research First Bancorp stock
After you have selected the best place to buy First Bancorp stock, it's critical to research their stock before you invest, so you truly wrap your head around the risk and opportunity.
First Bancorp quick stats
Fundamentals of First Bancorp
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on FNLC's stock page.
Is FNLC stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge FNLC's true value.
Using relative valuations measures:
- FNLC may be undervalued based on its P/E ratio of 8.3x, relative to Banks - Regional industry P/E ratio of -10.51x
- FNLC could be overvalued based on its P/B ratio of 1.02x, relative to Banks - Regional industry P/B ratio of 0.95x
- FNLC may be overvalued based on its PEG ratio of 2.7x
You can access additional valuation research on FNLC's stock here.
FNLC Financial Health Summary
Signs that FNLC is financially healthy:
- FNLC's operating cash flow of $36.92M allows it to safely service it's debt of $69.65M.
- FNLC earnings of $35.70M is not enough to cover its interest payments.
Signs that FNLC is not financially healthy:
- FNLC has a relatively high debt to equity ratio of 11.12.
- FNLC profit margin has gone down from 42.7% to 37.1% in the past year.
- Total FNLC debt is higher than 5 years ago, relative to shareholder equity.
FNLC Trading Indicators
Is FNLC Making Money?
Last year, FNLC earnings were $29.52M. In the past five year, FNLC's earnings have gone up by 4.22% per year. This was slower than the Banks - Regional industry average of 16.36%.
Last year, FNLC revenue was $79.46M. In the past five year, FNLC's revenue has grown by 5.32% per year. This was slower than the Banks - Regional industry average of 7.32%.
Find out more about FNLC's earnings and revenue performance here.
Latest Insiders Trades at FNLC
Over the last 12 months, insiders at FNLC have bought more shares than they have sold.
Richard M. Elder, EVP - CFO of FNLC, was the latest FNLC insider to sell. They sold $16,889.60 worth of FNLC shares on Jan 29, 2024.
Get more info about who owns FNLC stock here.
Does FNLC stock generate passive income?
First Bancorp pays a dividend of 6.29%, compared to the Banks - Regional industry's average dividend yield of 4.03%. If you owned $1,000 worth of FNLC stock, you would have been paid $62.95 in the past year.
First Bancorp dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about First Bancorp dividend yield and history here.
What others are saying about FNLC
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your FNLC trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Click the Open button and your broker will execute your order.
If you need more help with investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your FNLC investment
Now that you own some FNLC stock, you'll want to keep up with your new stock purchase.
Make a watchlist to keep tabs on your FNLC stock.
FNLC Feed
How to Buy Stock in First Bancorp
To summarize, here are the 6 steps for buying First Bancorp stock:
- Figure out where to buy First Bancorp stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research First Bancorp stock
- Place your FNLC trade
- Monitor your FNLC investment
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