The First Bancorp stock fell 1.34 percent before its dividend payment

Published on 10/07/2026 at 03:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The First Bancorp stock was last at USD 33.75 on October 6, 2026, below its USD 36.30 52-week high. Q2 net income rose 18.6 percent to USD 9.6 million.

FNLC, US31866P1021, Illustration mit AI erstellt.

The First Bancorp stock (ISIN US31866P1021) was last at USD 33.75 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, down 1.34 percent from USD 34.21. The bank is heading toward a USD 0.38 dividend payment scheduled for October 16, 2026.

Dividend sets the near term

According to Business Wire on September 24, 2026, The First Bancorp declared a third-quarter cash dividend of USD 0.38 per share. Shareholders of record on October 6, 2026 qualify for the payment, and the annualized dividend of USD 1.52 represented a 4.47 percent yield based on the September 23 close of USD 33.98.

The payment date gives the dividend announcement a concrete market checkpoint. The quarterly payout is also USD 0.01 higher than the amount paid in each of the prior four quarters, according to Business Wire.

Second quarter profit accelerated

The First Bancorp reported USD 9.6 million of net income and diluted EPS of USD 0.85 for the quarter ended June 30, 2026. According to Business Wire, net income increased 18.6 percent year over year, while diluted EPS rose 17.8 percent from USD 0.72.

Net interest income reached USD 21.2 million in the second quarter, up 15.0 percent from a year earlier, while the tax-equivalent net interest margin expanded to 2.88 percent from 2.52 percent. The comparison matters because the bank's earnings growth came with wider interest income rather than only balance-sheet expansion.

Stock stays above its long term average

On October 3, 2026, MarketBeat reported that FNLC had traded above its 200-day moving average of USD 31.91, reaching USD 34.25 before being last quoted at USD 34.21. The level was USD 2.30 above the October 6 reference price, showing that the share remained above that technical marker even after the latest decline.

The October 6 price sits USD 2.55 below the 52-week high of USD 36.30 and USD 9.67 above the 52-week low of USD 24.08. The market capitalization was USD 380.6 million and trading volume was 46,444 shares on October 6, 2026.

FNLC remains a regional bank

The First Bancorp is the holding company for First National Bank, which provides consumer and commercial banking services through 18 offices in Maine. Its operating profile links the dividend story to regional lending, deposit funding and the net interest margin reported for the second quarter.