Seneca Financial (OTCMKTS:SNNF) versus First Bancorp, Inc (ME) (NASDAQ:FNLC) Critical Review

Seneca Financial (OTCMKTS:SNNF) and First Bancorp, Inc (ME) (NASDAQ:FNLC) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, analyst recommendations, institutional ownership, earnings and profitability.

Profitability

This table compares Seneca Financial and First Bancorp, Inc (ME)’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Seneca Financial	N/A	N/A	N/A
First Bancorp, Inc (ME)	21.43%	13.43%	1.19%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Seneca Financial and First Bancorp, Inc (ME), as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Seneca Financial	0	0	0	0	0.00
First Bancorp, Inc (ME)	0	0	1	0	3.00

Insider & Institutional Ownership

40.4% of First Bancorp, Inc (ME) shares are held by institutional investors. 5.1% of First Bancorp, Inc (ME) shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Seneca Financial and First Bancorp, Inc (ME)”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Seneca Financial	N/A	N/A	N/A	N/A	N/A
First Bancorp, Inc (ME)	$177.61 million	2.24	$34.39 million	$3.37	10.48

First Bancorp, Inc (ME) has higher revenue and earnings than Seneca Financial.

Summary

First Bancorp, Inc (ME) beats Seneca Financial on 8 of the 8 factors compared between the two stocks.

About Seneca Financial

Seneca Financial Corp. operates as the holding company for Seneca Savings that operates as a community-oriented savings and loan institution. It provides demand, NOW, savings, money market, and certificate of deposit accounts; and one-to-four family first lien residential mortgages, residential construction, home equity loans and lines of credit, and commercial loans, as well as consumer loans. The company also offers financial planning and investment advisory services; and sells various insurance and investment products through broker networks. It operates branches in Baldwinsville, Liverpool, North Syracuse, and Bridgeport, New York. Seneca Financial Corp. was founded in 1928 and is headquartered in Baldwinsville, New York. Seneca Financial Corp. is a subsidiary of Seneca Financial MHC.

About First Bancorp, Inc (ME)

The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans comprising commercial real estate owner occupied, such as mortgage loans to finance investments in real property such as retail space, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loan for financing working capital and/or capital investment. In addition, it offers commercial multifamily loans; residential real estate term and residential real estate construction loans; loans to municipalities in Maine for capitalized expenditures, construction projects, or tax anticipation notes; home equity revolving and term loans; and personal lines of credit and amortizing loans for various purposes, such as autos, recreational vehicles, debt consolidation, personal expenses, or overdraft protection. Further, the company offers private banking, financial planning, investment management, and trust services to individuals, businesses, non-profit organizations and municipalities; and brokerage, annuity, and various insurance products, as well as payment processing services. It operates through full-service banking offices in Lincoln, Knox, Waldo, Penobscot, Hancock, and Washington counties in the Mid-Coast, Eastern, and Down East regions of Maine. The company was formerly known as First National Lincoln Corporation and changed its name to The First Bancorp, Inc. in April 2008. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine.