First Bancorp (FNLC)

14.06 -0.08  -0.57%  May 25, 11:00PM Go Pro
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First Bancorp Beneish M-Score: -3.546

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FNLC Beneish M-Score Rankings

Overall 90th percentile 349 of 3761
Sector 72nd percentile 188 of 675 in Financial
Industry 68th percentile 24 of 75 in Regional - Northeast Banks

FNLC Beneish M-Score Range, Past 5 Years

Minimum -3.729 Dec 2010
Maximum -2.843 Dec 2009
Average -3.380

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

FNLC News

$FNLC filed latest Quarterly Report http://stks.co/3lRD
about 19 days ago by MarketBrief
Daily Wrap: 5/8/2012
May 08, 4:21PM
Banks To Avoid
Mar 16, 8:48AM
The First Bancorp Declares Dividend
Mar 15, 4:15PM Business Wire
$FNLC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2qpH
about 76 days ago by MarketBrief
$FNLC filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2orh
about 77 days ago by MarketBrief
The First Bancorp Declares Dividend
Dec 15, 4:15PM Business Wire
$FNLC filed latest Quarterly Report http://stks.co/136k
about 202 days ago by MarketBrief
The First Bancorp Declares Dividend
Sep 16, 9:00AM Business Wire
The First Bancorp Declares Dividend
Jun 15, 4:15PM Business Wire
Small Banks, Big Potential
Mar 22, 2:00PM TheStreet
The First Bancorp Declares Dividend
Mar 17, 4:20PM Business Wire
The First Bancorp Reports 2010 Results
Jan 19, 4:15PM Business Wire
Tomorrow's ex-dividend stocks: http://goo.gl/ilHvk $BDN $FNLC $KRG $JPM $GNTX and ten more.
about 512 days ago by DynamicDividend
The First Bancorp Declares Dividend
Dec 16, 4:15PM Business Wire
looking interesting $FNLC still poised for b/o sitting on top 20EMA & 38% fib ret http://chart.ly/8vfsc3
about 759 days ago by blackmarkt

Recent Quotes

Symbol Price Chg Chg % Market Cap
FNLC 14.06 -0.08 -0.57% 138.21M
FNK 19.70 +0.16 +0.82%
FNIO 26.98 +0.04 +0.14%
FNI 18.97 +0.41 +2.21%
FNGN 21.16 +0.25 +1.20% 962.07M
FNF 19.18 +0.24 +1.27% 4.197B
FNBND 18.72 -0.22 -1.16%
FNBN 18.70 -0.02 -0.11% 394.99M
FNB 10.96 +0.08 +0.74% 1.516B
FN 11.52 +0.08 +0.70% 393.76M
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