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The First Bancorp Inc.: Q1 Earnings Snapshot

The First Bancorp Inc.: Q1 Earnings Snapshot

By AP News
Published - Apr 17, 2024, 04:24 PM ET
Last Updated - Apr 17, 2024, 04:24 PM EDT

DAMARISCOTTA, Mass. (AP) — DAMARISCOTTA, Mass. (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $6 million in its first quarter.

The Damariscotta, Massachusetts-based bank said it had earnings of 54 cents per share.

The bank posted revenue of $38.6 million in the period. Its revenue net of interest expense was $18.5 million, topping Street forecasts.

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