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First Bancorp FNLC Interest Expense Borrowings

Interest Expense Borrowings at other companies

Independent Bank Corp logo
Independent Bank CorpINDB
$10.87M+55.8%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$4.46M+451%

Other financials

Income statement

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Revenue$25.1M+15.3%
Net income$9.0M+27.1%
EPS (diluted)$0.80+27.0%

Balance sheet

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Cash & equivalents$23.6M-10.7%
Total debt$195.8M+5.6%
Total equity$286.8M+10.4%
Total assets$3.2B+0.4%

Cash flow

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Operating cash flow$22.8M+945%
CapEx$526.0K-61.1%
Free cash flow$22.2M+2,587%

Valuation

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Market cap$383.94M+43.8%
Enterprise value$556.13M+30.6%
P/E10.6×+1.1×
P/S3.9×+0.7×

Profitability

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Net margin37%+3.4pp
FCF margin57.1%+24.5pp

Returns & leverage

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Return on equity13.3%+2.1pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseBorrowings.

The official record: First Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Bancorp's interest expense borrowings?
First Bancorp (FNLC) reported interest expense borrowings of $1.75M in Q1 2026.
How has First Bancorp's interest expense borrowings changed year-over-year?
First Bancorp's interest expense borrowings increased by 6.5% year-over-year, from $1.64M to $1.75M.
What is the long-term trend for First Bancorp's interest expense borrowings?
Over 4 years (2021 to 2025), First Bancorp's interest expense borrowings has grown at a 15.7% compound annual growth rate (CAGR), from $3.46M to $6.2M.
What does interest expense borrowings mean?
This captures the specific interest costs associated with borrowed funds, such as federal funds purchased, repurchase agreements, or other wholesale funding sources. It highlights the bank's reliance on non-deposit funding and the associated market-driven costs.