First Bancorp, Inc (ME) (NASDAQ:FNLC) to Issue Quarterly Dividend of $0.38

Posted by Francis Steltz on Jun 26th, 2026

First Bancorp, Inc (ME) (NASDAQ:FNLC – Get Free Report) announced a quarterly dividend on Thursday, June 25th. Stockholders of record on Tuesday, July 7th will be given a dividend of 0.38 per share by the bank on Friday, July 17th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, July 7th. This is a 2.7% increase from First Bancorp, Inc (ME)’s previous quarterly dividend of $0.37.

First Bancorp, Inc (ME) has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 6 years.

First Bancorp, Inc (ME) Price Performance

FNLC stock opened at $34.05 on Friday. First Bancorp, Inc has a one year low of $24.08 and a one year high of $34.50. The company’s fifty day moving average price is $29.51 and its 200-day moving average price is $28.40. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $384.08 million, a PE ratio of 10.51 and a beta of 0.52.

First Bancorp, Inc (ME) (NASDAQ:FNLC – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The bank reported $0.80 earnings per share for the quarter. The firm had revenue of $25.87 million during the quarter. First Bancorp, Inc (ME) had a net margin of 20.34% and a return on equity of 13.09%.

Insider Activity

In other First Bancorp, Inc (ME) news, Director Kimberly Swan purchased 1,500 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average price of $28.69 per share, with a total value of $43,035.00. Following the acquisition, the director owned 14,470 shares in the company, valued at approximately $415,144.30. The trade was a 11.57% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.11% of the company’s stock.

Institutional Trading of First Bancorp, Inc (ME)

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its stake in First Bancorp, Inc (ME) by 4.5% during the first quarter. Goldman Sachs Group Inc. now owns 53,879 shares of the bank’s stock worth $1,332,000 after buying an additional 2,306 shares during the period. Jane Street Group LLC purchased a new stake in shares of First Bancorp, Inc (ME) in the first quarter valued at $398,000. Focus Partners Wealth bought a new stake in shares of First Bancorp, Inc (ME) in the 1st quarter worth about $1,500,000. Strs Ohio bought a new stake in shares of First Bancorp, Inc (ME) in the 1st quarter worth about $96,000. Finally, Geode Capital Management LLC boosted its stake in shares of First Bancorp, Inc (ME) by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 240,885 shares of the bank’s stock worth $6,122,000 after purchasing an additional 1,063 shares during the period. Hedge funds and other institutional investors own 40.41% of the company’s stock.

About First Bancorp, Inc (ME)

(Get Free Report)

First Bancorp, Inc (NASDAQ: FNLC) is a Maine-based bank holding company headquartered in Dover-Foxcroft. Through its principal subsidiary, The First National Bank of Dover-Foxcroft, the company provides a full suite of community banking services to individuals, small businesses and nonprofit organizations. Its core deposit offerings include checking, savings, money market and certificate of deposit accounts, complemented by online and mobile banking platforms.

On the lending side, First Bancorp’s product portfolio spans consumer and residential mortgage loans as well as commercial and agricultural lending.