First Bancorp (FNLC) Revenue & Revenue Breakdown


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First Bancorp Revenue Highlights


Latest Revenue (Y)

$143.61M

Latest Revenue (Q)

$40.72M

Main Segment (Y)

Debit Card

First Bancorp Revenue by Period


First Bancorp Revenue by Year

DateRevenueChange
2023-12-31$143.61M54.35%
2022-12-31$93.04M8.58%
2021-12-31$85.69M9.92%
2020-12-31$77.95M16.90%
2019-12-31$66.68M6.17%
2018-12-31$62.81M4.94%
2017-12-31$59.85M7.94%
2016-12-31$55.45M4.29%
2015-12-31$53.17M4.98%
2014-12-31$50.65M2.26%
2013-12-31$49.53M-1.26%
2012-12-31$50.16M-4.90%
2011-12-31$52.74M6.07%
2010-12-31$49.72M-11.85%
2009-12-31$56.41M19.13%
2008-12-31$47.35M12.79%
2007-12-31$41.98M2.59%
2006-12-31$40.92M0.75%
2005-12-31$40.62M55.20%
2004-12-31$26.17M14.32%
2003-12-31$22.89M3.80%
2002-12-31$22.05M16.51%
2001-12-31$18.93M20.28%
2000-12-31$15.74M7.05%
1999-12-31$14.70M12.21%
1998-12-31$13.10M666.98%
1997-12-31$1.71M21.48%
1996-12-31$1.41M23.77%
1995-12-31$1.14M-

First Bancorp generated $143.61M in revenue during NA 2023, up 54.35% compared to the previous quarter, and up 228.65% compared to the same period a year ago.

First Bancorp Revenue by Quarter

DateRevenueChange
2024-06-30$40.72M5.98%
2024-03-31$38.42M-1.31%
2023-12-31$38.93M96.17%
2023-09-30$19.84M0.20%
2023-06-30$19.80M-5.89%
2023-03-31$21.04M-9.80%
2022-12-31$23.33M-3.11%
2022-09-30$24.08M5.71%
2022-06-30$22.78M-0.32%
2022-03-31$22.85M1.59%
2021-12-31$22.50M5.19%
2021-09-30$21.39M3.64%
2021-06-30$20.63M-2.54%
2021-03-31$21.17M4.96%
2020-12-31$20.17M3.18%
2020-09-30$19.55M2.40%
2020-06-30$19.09M-0.25%
2020-03-31$19.14M10.46%
2019-12-31$17.33M3.39%
2019-09-30$16.76M1.23%
2019-06-30$16.55M3.19%
2019-03-31$16.04M-1.26%
2018-12-31$16.25M4.35%
2018-09-30$15.57M0.78%
2018-06-30$15.45M-0.59%
2018-03-31$15.54M0.80%
2017-12-31$15.42M-0.19%
2017-09-30$15.45M5.32%
2017-06-30$14.67M2.43%
2017-03-31$14.32M3.78%
2016-12-31$13.80M-1.43%
2016-09-30$14.00M0.29%
2016-06-30$13.96M1.93%
2016-03-31$13.69M2.13%
2015-12-31$13.41M-0.58%
2015-09-30$13.49M4.45%
2015-06-30$12.91M-3.35%
2015-03-31$13.36M5.62%
2014-12-31$12.65M-7.40%
2014-09-30$13.66M11.12%
2014-06-30$12.29M2.08%
2014-03-31$12.04M-1.77%
2013-12-31$12.26M1.11%
2013-09-30$12.13M-4.44%
2013-06-30$12.69M1.92%
2013-03-31$12.45M1.93%
2012-12-31$12.21M0.44%
2012-09-30$12.16M-11.96%
2012-06-30$13.81M15.37%
2012-03-31$11.97M-21.22%
2011-12-31$15.20M23.49%
2011-09-30$12.31M-1.20%
2011-06-30$12.46M-2.54%
2011-03-31$12.78M-1.44%
2010-12-31$12.97M5.27%
2010-09-30$12.32M0.66%
2010-06-30$12.24M0.35%
2010-03-31$12.20M-16.22%
2009-12-31$14.56M5.55%
2009-09-30$13.79M-4.22%
2009-06-30$14.40M5.42%
2009-03-31$13.66M10.00%
2008-12-31$12.42M-0.50%
2008-09-30$12.48M8.89%
2008-06-30$11.46M4.25%
2008-03-31$10.99M-

First Bancorp generated $40.72M in revenue during Q2 2024, up 5.98% compared to the previous quarter, and up 193.48% compared to the same period a year ago.

First Bancorp Revenue Breakdown


First Bancorp Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Fiduciary and Trust$4.65M$4.60M$4.53M$3.66M$3.32M
Debit Card$5.38M$6.35M$5.21M--
Deposit Account$1.89M$1.82M$1.57M$1.65M$2.33M
Mortgage Banking$813.00K$1.42M$5.24M$5.08M$1.91M

First Bancorp's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit Card (42.27%), Fiduciary and Trust (36.54%), Deposit Account (14.81%), and Mortgage Banking (6.38%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Debit Card$1.19M$1.54M$1.37M$1.29M$1.19M$1.46M$2.13M$1.33M$1.43M$1.33M$1.33M---------
Mortgage Banking$130.00K$202.00K$224.00K$195.00K$192.00K$190.00K$356.00K$380.00K$498.00K$885.00K$1.03M$1.35M$1.97M$1.28M$1.91M$1.38M$504.00K$682.00K$576.00K$355.00K
Fiduciary and Trust$1.19M$1.14M$1.16M$1.21M$1.15M$1.09M$1.09M$1.23M$1.20M$1.18M$1.14M$1.15M$1.06M$948.00K$909.00K$909.00K$894.00K$859.00K$822.00K$864.00K
Deposit Account$499.00K$488.00K$465.00K$497.00K$437.00K$467.00K$454.00K$467.00K$437.00K$436.00K$413.00K$382.00K$337.00K$391.00K$375.00K$305.00K$577.00K$583.00K$577.00K$609.00K

First Bancorp's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Fiduciary and Trust (39.56%), Debit Card (39.49%), Deposit Account (16.62%), and Mortgage Banking (4.33%).

First Bancorp Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BWFGBankwell Financial Group$193.30M$48.55M
FSBWFS Bancorp$187.78M$51.86M
FNLCFirst Bancorp$143.61M$40.72M
FNWBFirst Northwest Bancorp$104.92M$28.10M
FNWDFinward Bancorp$96.53M$24.70M
OVLYOak Valley Bancorp$87.34M$18.76M
FFNWFirst Financial Northwest$80.93M$20.02M
NKSHNational Bankshares$68.16M$18.22M
CWBCCommunity West Bancshares$61.39M$27.26M
FCAPFirst Capital$51.24M$14.24M
HMNFHMN Financial$43.48M$14.79M
LSBKLake Shore Bancorp$36.39M$9.49M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.40M
OFEDOconee Federal Financial$16.61M$3.21M

FNLC Revenue FAQ


First Bancorp's yearly revenue for 2023 was $143.61M, representing an increase of 54.35% compared to 2022. The company's yearly revenue for 2022 was $93.04M, representing an increase of 8.58% compared to 2021. FNLC's yearly revenue for 2021 was $85.69M, representing an increase of 9.92% compared to 2020.

First Bancorp's quarterly revenue for Q2 2024 was $40.72M, a 5.98% increase from the previous quarter (Q1 2024), and a 105.58% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $38.42M, a -1.31% decrease from the previous quarter (Q4 2023), and a 82.56% increase year-over-year (Q1 2023). FNLC's quarterly revenue for Q4 2023 was $38.93M, a 96.17% increase from the previous quarter (Q3 2023), and a 66.86% increase year-over-year (Q4 2022).

First Bancorp's revenue growth rate for the last 3 years (2021-2023) was 67.60%, and for the last 5 years (2019-2023) was 115.37%.

First Bancorp's revenue streams in c 23 are Fiduciary and Trust, Debit Card, Deposit Account, and Mortgage Banking. Fiduciary and Trust generated $4.65M in revenue, accounting 36.54% of the company's total revenue, up 1.17% year-over-year. Debit Card generated $5.38M in revenue, accounting 42.27% of the company's total revenue, down -15.19% year-over-year. Deposit Account generated $1.89M in revenue, accounting 14.81% of the company's total revenue, up 3.40% year-over-year. Mortgage Banking generated $813K in revenue, accounting 6.38% of the company's total revenue, down -42.91% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of First Bancorp was Debit Card. This segment made a revenue of $5.38M, representing 42.27% of the company's total revenue.