First Bancorp Discloses $201M in Managed Assets, Including $20.7M of Its Own Stock
FNLC sits 28% above its 52-week low of $22.99 on light trading volume (0.2× avg).
Summary
First Bancorp's latest 13F-HR reveals $201.2 million in managed assets, with a substantial $20.7 million invested in its own stock, providing insight into its wealth management business.
Key Events · Ownership and Investor Activity · FNLC
-
Managed Assets Disclosure
First Bancorp reported $201.2 million in total assets under management as of March 31, 2026.
-
Significant Self-Holding
The managed portfolios include approximately $20.7 million worth of First Bancorp's own common stock (FNLC).
-
Quarterly Update
This filing provides a routine quarterly snapshot of the institutional investment manager's equity holdings.
Analysis · FNLC · Finance
This quarterly 13F-HR filing from First Bancorp, Inc. provides a detailed look into the $201.2 million in assets managed by its investment arm as of March 31, 2026. A notable aspect is the significant holding of its own common stock (FNLC) within these managed portfolios, totaling approximately $20.7 million. This disclosure offers insight into the scale of the company's wealth management operations and client investment preferences, following its strong financial performance reported in the recent 10-K.
At the time of this filing, FNLC was trading at $29.52 on NASDAQ in the Finance sector, with a market capitalization of approximately $332.7M. The 52-week trading range was $22.99 to $30.33. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.