First Bancorp (NASDAQ:FNLC) reported quarterly earnings of $1.09 per share. This is a 63.43 percent increase over earnings of $0.67 per share from the same period last year.
N-PX - First Bancorp, Inc /ME/ (0000765207) (Filer)
10-Q - First Bancorp, Inc /ME/ (0000765207) (Filer)
8-K - First Bancorp, Inc /ME/ (0000765207) (Filer)
2024 Q2 Results Driven by Loan Growth, Stable Net Interest Margin, and Strong Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited net income of $6.2 million with diluted earnings per share of $0.55 for the quarter ended June 30, 2024. The Company also reported results for the six months ended June 30, 2024. Net income year-to-date in 2024 was $12.2 million, with diluted earnings per share of $1.10. Second Quarter Notable Items: Total assets reached $3.08 billion, an increase of $106.8 million in Q2 Pre-tax, pre-provision earnings increased by $1.2 million or 18.1% from Q1 Loan balance
The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This second quarter dividend is payable July 19, 2024 to shareholders of record as of July 9, 2024. The quarterly cash dividend of 36 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I'm pleased to announce that the Board of Directors approved a one cent increase in the second quarter dividend to 36 cents per share," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important component of the value we offer our shareholders. Based on t
2024 Q1 Results Driven by Loan Growth and Strong Asset Quality FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS Total assets were $2.98 billion, an increase of $31.5 million for the period Very strong asset quality with a ratio of Non-Performing Assets to Total Assets of 0.09% Loan balances grew at an annualized rate of 8.4% to $2.17 billion Total deposits decreased $50.7 million to $2.55 billion, in-line with seasonal expectations Net Income was $6.0 million A quarterly shareholder dividend of $0.35 per share was declared. The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudi
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
2024 Q2 Results Driven by Loan Growth, Stable Net Interest Margin, and Strong Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited net income of $6.2 million with diluted earnings per share of $0.55 for the quarter ended June 30, 2024. The Company also reported results for the six months ended June 30, 2024. Net income year-to-date in 2024 was $12.2 million, with diluted earnings per share of $1.10. Second Quarter Notable Items: Total assets reached $3.08 billion, an increase of $106.8 million in Q2 Pre-tax, pre-provision earnings increased by $1.2 million or 18.1% from Q1 Loan balance
The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This second quarter dividend is payable July 19, 2024 to shareholders of record as of July 9, 2024. The quarterly cash dividend of 36 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I'm pleased to announce that the Board of Directors approved a one cent increase in the second quarter dividend to 36 cents per share," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important component of the value we offer our shareholders. Based on t
2024 Q1 Results Driven by Loan Growth and Strong Asset Quality FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS Total assets were $2.98 billion, an increase of $31.5 million for the period Very strong asset quality with a ratio of Non-Performing Assets to Total Assets of 0.09% Loan balances grew at an annualized rate of 8.4% to $2.17 billion Total deposits decreased $50.7 million to $2.55 billion, in-line with seasonal expectations Net Income was $6.0 million A quarterly shareholder dividend of $0.35 per share was declared. The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudi