First Bancorp (FNLC) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $143.61M | 54.35% |
| 2022-12-31 | $93.04M | 8.58% |
| 2021-12-31 | $85.69M | 9.92% |
| 2020-12-31 | $77.95M | 16.90% |
| 2019-12-31 | $66.68M | 6.17% |
| 2018-12-31 | $62.81M | 4.94% |
| 2017-12-31 | $59.85M | 7.94% |
| 2016-12-31 | $55.45M | 4.29% |
| 2015-12-31 | $53.17M | 4.98% |
| 2014-12-31 | $50.65M | 2.26% |
| 2013-12-31 | $49.53M | -1.26% |
| 2012-12-31 | $50.16M | -4.90% |
| 2011-12-31 | $52.74M | 6.07% |
| 2010-12-31 | $49.72M | -11.85% |
| 2009-12-31 | $56.41M | 19.13% |
| 2008-12-31 | $47.35M | 12.79% |
| 2007-12-31 | $41.98M | 2.59% |
| 2006-12-31 | $40.92M | 0.75% |
| 2005-12-31 | $40.62M | 55.20% |
| 2004-12-31 | $26.17M | 14.32% |
| 2003-12-31 | $22.89M | 3.80% |
| 2002-12-31 | $22.05M | 16.51% |
| 2001-12-31 | $18.93M | 20.28% |
| 2000-12-31 | $15.74M | 7.05% |
| 1999-12-31 | $14.70M | 12.21% |
| 1998-12-31 | $13.10M | 666.98% |
| 1997-12-31 | $1.71M | 21.48% |
| 1996-12-31 | $1.41M | 23.77% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $40.72M | 5.98% |
| 2024-03-31 | $38.42M | -1.31% |
| 2023-12-31 | $38.93M | 96.17% |
| 2023-09-30 | $19.84M | 0.20% |
| 2023-06-30 | $19.80M | -5.89% |
| 2023-03-31 | $21.04M | -9.80% |
| 2022-12-31 | $23.33M | -3.11% |
| 2022-09-30 | $24.08M | 5.71% |
| 2022-06-30 | $22.78M | -0.32% |
| 2022-03-31 | $22.85M | 1.59% |
| 2021-12-31 | $22.50M | 5.19% |
| 2021-09-30 | $21.39M | 3.64% |
| 2021-06-30 | $20.63M | -2.54% |
| 2021-03-31 | $21.17M | 4.96% |
| 2020-12-31 | $20.17M | 3.18% |
| 2020-09-30 | $19.55M | 2.40% |
| 2020-06-30 | $19.09M | -0.25% |
| 2020-03-31 | $19.14M | 10.46% |
| 2019-12-31 | $17.33M | 3.39% |
| 2019-09-30 | $16.76M | 1.23% |
| 2019-06-30 | $16.55M | 3.19% |
| 2019-03-31 | $16.04M | -1.26% |
| 2018-12-31 | $16.25M | 4.35% |
| 2018-09-30 | $15.57M | 0.78% |
| 2018-06-30 | $15.45M | -0.59% |
| 2018-03-31 | $15.54M | 0.80% |
| 2017-12-31 | $15.42M | -0.19% |
| 2017-09-30 | $15.45M | 5.32% |
| 2017-06-30 | $14.67M | 2.43% |
| 2017-03-31 | $14.32M | 3.78% |
| 2016-12-31 | $13.80M | -1.43% |
| 2016-09-30 | $14.00M | 0.29% |
| 2016-06-30 | $13.96M | 1.93% |
| 2016-03-31 | $13.69M | 2.13% |
| 2015-12-31 | $13.41M | -0.58% |
| 2015-09-30 | $13.49M | 4.45% |
| 2015-06-30 | $12.91M | -3.35% |
| 2015-03-31 | $13.36M | 5.62% |
| 2014-12-31 | $12.65M | -7.40% |
| 2014-09-30 | $13.66M | 11.12% |
| 2014-06-30 | $12.29M | 2.08% |
| 2014-03-31 | $12.04M | -1.77% |
| 2013-12-31 | $12.26M | 1.11% |
| 2013-09-30 | $12.13M | -4.44% |
| 2013-06-30 | $12.69M | 1.92% |
| 2013-03-31 | $12.45M | 1.93% |
| 2012-12-31 | $12.21M | 0.44% |
| 2012-09-30 | $12.16M | -11.96% |
| 2012-06-30 | $13.81M | 15.37% |
| 2012-03-31 | $11.97M | -21.22% |
| 2011-12-31 | $15.20M | 23.49% |
| 2011-09-30 | $12.31M | -1.20% |
| 2011-06-30 | $12.46M | -2.54% |
| 2011-03-31 | $12.78M | -1.44% |
| 2010-12-31 | $12.97M | 5.27% |
| 2010-09-30 | $12.32M | 0.66% |
| 2010-06-30 | $12.24M | 0.35% |
| 2010-03-31 | $12.20M | -16.22% |
| 2009-12-31 | $14.56M | 5.55% |
| 2009-09-30 | $13.79M | -4.22% |
| 2009-06-30 | $14.40M | 5.42% |
| 2009-03-31 | $13.66M | 10.00% |
| 2008-12-31 | $12.42M | -0.50% |
| 2008-09-30 | $12.48M | 8.89% |
| 2008-06-30 | $11.46M | 4.25% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BWFG | Bankwell Financial Group | $193.30M | $48.55M |
| FSBW | FS Bancorp | $187.78M | $51.86M |
| FNLC | First Bancorp | $143.61M | $40.72M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| OVLY | Oak Valley Bancorp | $87.34M | $18.76M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| NKSH | National Bankshares | $68.16M | $18.22M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
FNLC Revenue FAQ
What is First Bancorp’s yearly revenue?
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.
What is First Bancorp’s quarterly revenue?
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).
What is First Bancorp’s revenue growth rate?
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%.
What are First Bancorp’s revenue streams?
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.
What is First Bancorp’s main source of revenue?
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.