FNLC, US3198081014

First Bancorp stock gains after ex-dividend date and strong recent performance

Published on 09/21/2026 at 18:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Bancorp stock closed at USD 27.77 on September 18, 2026, with a recent 16.9 percent weekly gain and a market capitalization around USD 400.4 million. The shares now offer a 4.2 percent dividend yield, supported by improving net income trends over recent fiscal years.

FNLC, US3198081014, Illustration mit AI erstellt.

First Bancorp stock (ISIN US3198081014) has been trading firmly, with recent data showing a closing price of USD 27.77 on September 18, 2026 on its primary Nasdaq listing and a market capitalization of about USD 400.4 million as the shares extend a strong multi-week performance.

Price performance and ex-dividend impact

According to MarketScreener, First Bancorp stock last closed at USD 27.77 on September 18, 2026, with intraday data around that date indicating a spot quote near USD 27.82 and a modest daily gain of 0.07 percent.

Dividend-focused investors have also been watching the latest distribution: as MarketScreener reports, the shares went ex-dividend on September 18, 2026 for a cash payout of USD 0.495 per share, marking a visible cash-return event for shareholders.

Fundamentals and recent earnings trajectory

The valuation backdrop has strengthened alongside fundamentals: a recent U.S. bank dividend overview from Simply Wall St lists FNLC with a last price of USD 35.51, a seven-day return of 16.9 percent and a one-year gain of 40.1 percent, underlining that the stock has materially outperformed over the past year.

The same overview places the company’s market capitalization at around USD 400.4 million and a dividend yield of 4.2 percent as of mid-September 2026, giving investors a mix of capital appreciation and income at current levels.

On the earnings side, a recent agenda and results summary from MarketScreener shows that for the fiscal year 2025, First Bancorp reported net sales of about USD 118 million, up from USD 92 million in fiscal year 2024, an increase of roughly 28 percent that underscores solid top-line growth.

In the same fiscal comparison, operating profit (EBIT) rose from around USD 44.6 million in 2024 to USD 59.7 million in 2025, a gain of about 34 percent, pointing to improving margins and operating leverage as the bank grows its revenue base.

Net income figures also show a marked swing over time: the company reported net income of approximately USD 8.42 million in fiscal year 2023 and about USD 25.3 million in 2024, before a reported net loss of roughly USD 35.2 million in 2025, a move that highlights how one-off effects and credit costs can affect bottom-line results even in a period of revenue growth.

Valuation and analyst context

Despite that volatility, valuation metrics remain moderate: data compiled by MarketScreener indicate a price-to-earnings ratio around 11.7 times and a price-to-book multiple of about 0.64 times based on recent estimates, placing First Bancorp stock in a relatively low-valuation bracket compared with many regional peers.

A company overview page from MarketScreener also cites an average analyst price target of USD 30.90, implying upside of around 11 percent from the September 18, 2026 closing level of USD 27.77 if that target is reached.

For investors, that combination of a roughly 4.2 percent forward dividend yield and a double-digit percentage gap to the consensus target frames the current pricing as offering both income and potential capital gains, while still reflecting the risk that earnings volatility seen in 2025 could persist.

Stock level and investor takeaway

As of the last completed trading day, September 18, 2026, First Bancorp stock closed at USD 27.77 on Nasdaq, with recent indicative levels around USD 27.82 leaving the shares below the cited USD 30.90 average analyst target but still supported by a one-year price gain of about 40.1 percent and a market capitalization near USD 400.4 million.