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home / news releases / FNLC - The First Bancorp: Pricey After A Major Move

FNLC - The First Bancorp: Pricey After A Major Move

First Bancorp Inc (ME)
  • Q3 earnings showed an improvement in the loan and deposit base.
  • The prospects of a COVID vaccine means rates should rise and banks should be able to make more money in traditional banking.
  • Asset quality was mixed but we feel management was conservative.
  • A 6% dividend yield is nice.
  • Let the name pull back.

For further details see:

The First Bancorp: Pricey After A Major Move
Stock Information
Company Name: First Bancorp Inc (ME)
Stock Symbol: FNLC
Market: NASDAQ
Website: thefirst.com
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