First Operating Income vs Total Operating Expenses Analysis

FNLC Stock  USD 25.66  0.78  3.14%   
First Bancorp financial indicator trend analysis is much more than just examining First Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Bancorp is a good investment. Please check the relationship between First Bancorp Operating Income and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Bancorp Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between First Bancorp's Operating Income and Total Operating Expenses is 0.63. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of First Bancorp, assuming nothing else is changed. The correlation between historical values of First Bancorp's Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of First Bancorp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., First Bancorp's Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from First Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from First Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Bancorp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 22.89, whereas Selling General Administrative is forecasted to decline to about 13.9 M.
 2022 2023 2024 2025 (projected)
Interest Expense16.9M63.0M84.9M89.2M
Depreciation And Amortization2.0M26K2.2M1.3M

First Bancorp fundamental ratios Correlations

-0.230.970.980.770.7-0.341.00.640.850.460.390.460.96-0.590.680.260.661.00.920.48-0.59-0.470.710.990.18
-0.23-0.29-0.22-0.050.110.97-0.3-0.18-0.10.330.240.23-0.31-0.520.33-0.270.2-0.24-0.380.21-0.520.720.07-0.350.4
0.97-0.291.00.710.62-0.40.970.670.930.580.340.40.96-0.50.60.060.570.970.90.42-0.5-0.540.640.970.12
0.98-0.221.00.740.65-0.340.970.680.940.610.360.450.95-0.560.650.050.620.980.880.47-0.56-0.470.680.960.13
0.77-0.050.710.740.94-0.210.760.570.60.370.150.840.6-0.750.870.210.930.760.660.85-0.75-0.070.890.710.24
0.70.110.620.650.94-0.050.690.520.510.320.210.820.53-0.820.920.260.940.690.650.83-0.81-0.010.870.630.46
-0.340.97-0.4-0.34-0.21-0.05-0.4-0.4-0.220.220.190.07-0.39-0.410.21-0.230.07-0.36-0.480.05-0.410.69-0.11-0.450.36
1.0-0.30.970.970.760.69-0.40.630.820.390.390.430.95-0.540.650.30.631.00.940.44-0.54-0.490.680.990.15
0.64-0.180.670.680.570.52-0.40.630.650.410.250.470.58-0.270.38-0.070.390.630.60.48-0.27-0.220.670.640.03
0.85-0.10.930.940.60.51-0.220.820.650.820.340.360.86-0.490.55-0.290.50.850.730.37-0.49-0.420.560.820.13
0.460.330.580.610.370.320.220.390.410.820.140.390.47-0.510.46-0.690.380.450.250.39-0.51-0.050.370.380.14
0.390.240.340.360.150.210.190.390.250.340.14-0.040.41-0.260.310.160.240.390.4-0.04-0.26-0.010.260.390.19
0.460.230.40.450.840.820.070.430.470.360.39-0.040.26-0.770.810.040.840.450.31.0-0.770.180.760.380.28
0.96-0.310.960.950.60.53-0.390.950.580.860.470.410.26-0.420.50.20.470.960.890.28-0.42-0.560.60.970.07
-0.59-0.52-0.5-0.56-0.75-0.82-0.41-0.54-0.27-0.49-0.51-0.26-0.77-0.42-0.93-0.09-0.86-0.58-0.44-0.771.0-0.19-0.66-0.48-0.54
0.680.330.60.650.870.920.210.650.380.550.460.310.810.5-0.930.150.960.670.530.81-0.930.140.760.580.41
0.26-0.270.060.050.210.26-0.230.3-0.07-0.29-0.690.160.040.2-0.090.150.180.260.360.05-0.09-0.140.180.30.11
0.660.20.570.620.930.940.070.630.390.50.380.240.840.47-0.860.960.180.650.510.84-0.860.130.810.570.33
1.0-0.240.970.980.760.69-0.361.00.630.850.450.390.450.96-0.580.670.260.650.930.47-0.58-0.480.70.990.18
0.92-0.380.90.880.660.65-0.480.940.60.730.250.40.30.89-0.440.530.360.510.930.32-0.44-0.640.570.940.33
0.480.210.420.470.850.830.050.440.480.370.39-0.041.00.28-0.770.810.050.840.470.32-0.770.170.770.40.27
-0.59-0.52-0.5-0.56-0.75-0.81-0.41-0.54-0.27-0.49-0.51-0.26-0.77-0.421.0-0.93-0.09-0.86-0.58-0.44-0.77-0.19-0.66-0.48-0.54
-0.470.72-0.54-0.47-0.07-0.010.69-0.49-0.22-0.42-0.05-0.010.18-0.56-0.190.14-0.140.13-0.48-0.640.17-0.190.09-0.56-0.15
0.710.070.640.680.890.87-0.110.680.670.560.370.260.760.6-0.660.760.180.810.70.570.77-0.660.090.640.16
0.99-0.350.970.960.710.63-0.450.990.640.820.380.390.380.97-0.480.580.30.570.990.940.4-0.48-0.560.640.11
0.180.40.120.130.240.460.360.150.030.130.140.190.280.07-0.540.410.110.330.180.330.27-0.54-0.150.160.11
Click cells to compare fundamentals

First Bancorp Account Relationship Matchups

First Bancorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.5B2.7B2.9B3.2B3.3B
Short Long Term Debt Total262.0M136.3M103.6M69.7M146.3M205.0M
Other Current Liab1.8B2.1B1.7B2.6B2.7B2.9B
Total Current Liabilities2.1B2.2B1.8B2.7B2.8B2.9B
Total Stockholder Equity223.7M245.7M228.9M243.1M252.5M139.8M
Property Plant And Equipment Net27.3M28.9M28.3M28.7M27.9M18.6M
Net Debt179.7M49.0M77.1M34.2M96.5M180.2M
Retained Earnings158.4M180.4M204.3M211.9M222.8M234.0M
Cash82.4M87.3M26.4M35.4M49.7M52.2M
Non Current Assets Total2.0B2.1B737.3M2.6B2.8B3.0B
Non Currrent Assets Other66.3M49.1M(17.8M)67.3M74.3M78.1M
Other Assets1.2B1.4B1.7B(275.7M)2.8B2.9B
Cash And Short Term Investments395.7M407.9M310.9M317.5M324.4M173.2M
Net Receivables9.3M7.5M9.8M11.9M14.0M14.7M
Common Stock Shares Outstanding10.9M11.0M11.0M11.1M11.1M10.4M
Liabilities And Stockholders Equity2.4B2.5B2.7B2.9B3.2B3.3B
Non Current Liabilities Total86.0M76.9M2.5B34.3M128.0M227.3M
Other Stockholder Equity65.3M66.8M68.4M70.1M71.8M42.7M
Total Liab2.1B2.3B2.5B2.7B2.9B3.0B
Property Plant And Equipment Gross27.3M50.4M50.8M51.6M52.5M55.2M
Total Current Assets405.0M415.4M320.8M329.4M338.4M178.9M
Accumulated Other Comprehensive Income(28K)(1.7M)(44.0M)(39.0M)(42.3M)(40.2M)
Short Term Debt206.9M81.3M103.5M69.7M51.3M48.7M
Other Liab19.2M30.9M21.8M22.2M25.6M14.7M
Accounts Payable1.7B1.8B2.1B2.4B2.7B2.9B
Long Term Debt55.1M136.3M103.5M95M109.3M98.7M
Inventory(92.6M)(94.9M)(36.3M)18.9M17.0M17.8M
Property Plant Equipment21.3M27.3M28.9M28.3M32.5M20.3M
Short Term Investments313.4M320.6M284.5M282.1M274.7M235.8M
Other Current Assets92.6M94.9M36.3M47.3M42.6M40.5M
Intangible Assets2.0M2.7M2.5M2.2M2.0M1.9M
Net Tangible Assets182.7M193.1M215.0M198.3M228.0M165.3M
Retained Earnings Total Equity144.8M158.4M180.4M204.3M235.0M136.3M
Long Term Debt Total10.1M55.1M55.1M84K75.6K71.8K
Capital Surpluse64.0M65.3M66.8M68.4M78.7M64.7M
Long Term Investments684.8M690.6M678.4M667.3M644.4M863.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.309
Dividend Share
1.45
Earnings Share
2.68
Revenue Per Share
7.72
Quarterly Revenue Growth
0.178
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.