Comparing Bank of America (BAC) and First Bancorp (FNLC) – Which Stock is Superior?
Bank of America (NYSE:BAC) and First Bancorp (NASDAQ:FNLC) are two finance companies that are currently being compared based on various factors.
In terms of earnings and valuation, Bank of America has higher revenue and earnings compared to First Bancorp. However, First Bancorp is trading at a lower price-to-earnings ratio, making it a more affordable stock.
When it comes to insider and institutional ownership, Bank of America has a higher percentage of institutional ownership at 70.7% compared to First Bancorp’s 40.4%. Additionally, Bank of America has a lower percentage of company insiders owning shares compared to First Bancorp.
In terms of dividends, Bank of America pays an annual dividend of $0.96 per share with a dividend yield of 2.4%, while First Bancorp pays an annual dividend of $1.40 per share with a dividend yield of 6.0%. Both companies have healthy payout ratios and have been increasing their dividends consecutively for several years.
Analyst recommendations favor Bank of America, with a consensus price target of $39.26, suggesting a potential downside of 1.31%.
In terms of volatility and risk, Bank of America has a higher beta, indicating higher volatility compared to First Bancorp.
Overall, Bank of America beats First Bancorp on 10 of the 16 factors compared between the two stocks.
Bank of America, based in Charlotte, North Carolina, provides banking and financial products and services globally. First Bancorp, based in Damariscotta, Maine, offers a range of banking products and services to individuals and businesses in Maine.
Investors and analysts are closely watching the performance of these two finance companies to determine which stock is the superior choice for investment.