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Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality Highlight Second Quarter Performance The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended June 30, 2025. Net income for the period was $8.1 million with fully diluted earnings per share of $0.72. The Company also reported unaudited results for six months ended June 30, 2025, with net income for the period of $15.1 million and fully diluted earnings per share of $1.35. Second Quarter Notable Items: Net Income of $8.1 million is the strongest earnings quarter since Q4 2
The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This second quarter dividend is payable July 18, 2025 to shareholders of record as of July 8, 2025. The quarterly cash dividend of 37 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I am pleased to announce that the Board of Directors has authorized a dividend of 37 cents per share for the second quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The one cent increase in the dividend marks our 11th consecutive year of raising the payout by at least one cent i
2025 Q1 Results Highlighted by Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended March 31, 2025. Net income for the period was $7.1 million with fully diluted earnings per share of $0.63. First Quarter Notable Items: Net Income growth of 17.5% from Q1 2024; diluted EPS growth of 17.0% PTPP Net Income growth of 32.5% from Q1 2024 Efficiency Ratio improved to 56.9% from 61.1% in Q1 2024 Net Interest Margin increased by 6 basis points from Q4 2024 Total assets re
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
8-K - First Bancorp, Inc /ME/ (0000765207) (Filer)
8-K - First Bancorp, Inc /ME/ (0000765207) (Filer)
10-Q - First Bancorp, Inc /ME/ (0000765207) (Filer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
4 - First Bancorp, Inc /ME/ (0000765207) (Issuer)
Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality Highlight Second Quarter Performance The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended June 30, 2025. Net income for the period was $8.1 million with fully diluted earnings per share of $0.72. The Company also reported unaudited results for six months ended June 30, 2025, with net income for the period of $15.1 million and fully diluted earnings per share of $1.35. Second Quarter Notable Items: Net Income of $8.1 million is the strongest earnings quarter since Q4 2
The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This second quarter dividend is payable July 18, 2025 to shareholders of record as of July 8, 2025. The quarterly cash dividend of 37 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I am pleased to announce that the Board of Directors has authorized a dividend of 37 cents per share for the second quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The one cent increase in the dividend marks our 11th consecutive year of raising the payout by at least one cent i
2025 Q1 Results Highlighted by Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended March 31, 2025. Net income for the period was $7.1 million with fully diluted earnings per share of $0.63. First Quarter Notable Items: Net Income growth of 17.5% from Q1 2024; diluted EPS growth of 17.0% PTPP Net Income growth of 32.5% from Q1 2024 Efficiency Ratio improved to 56.9% from 61.1% in Q1 2024 Net Interest Margin increased by 6 basis points from Q4 2024 Total assets re