The First Bancorp Inc.: Q4 Earnings Snapshot
By AP News
Published - Jan 24, 2024, 04:48 PM ET
Last Updated - Jan 24, 2024, 04:48 PM EST
DAMARISCOTTA, Maine (AP) — DAMARISCOTTA, Maine (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $6.7 million in its fourth quarter.
The bank, based in Damariscotta, Maine, said it had earnings of 60 cents per share.
The bank posted revenue of $38.9 million in the period. Its revenue net of interest expense was $20 million, which topped Street forecasts.
For the year, the company reported profit of $29.5 million, or $2.66 per share. Revenue was reported as $80.6 million.
