First Bancorp (FNLC) Reports Q2 EPS of $0.91

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Go back to First Bancorp (FNLC) Reports Q2 EPS of $0.91

The First Bancorp Second Quarter Earnings Increase 13.8%

July 20, 2022 4:15 PM EDT

DAMARISCOTTA, Maine--(BUSINESS WIRE)-- The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2022. Unaudited net income was $10.0 million, up $1.2 million or 13.8% from the $8.8 million reported for the three months ended June 30, 2021, and represents a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.11 to $0.91 per share, an increase of 13.8% from the prior year. The Company also reported results for the six months ended June 30, 2022. Net income was $19.7... More