The First Bancorp Inc.: Fourth Quarter Earnings Overview

First Bancorp Inc. Announces Fourth Quarter Financial Results

First Bancorp Inc., headquartered in Damariscotta, Maine, revealed on Wednesday that its net income for the fourth quarter reached $10.2 million.

The bank reported earnings of $0.91 per share for the quarter.

During this period, total revenue amounted to $45.5 million, with net revenue after interest expenses standing at $25.8 million—surpassing analyst expectations.

For the full year, First Bancorp Inc. achieved a profit of $34.4 million, translating to $3.07 per share, while annual revenue was reported at $94.7 million.

Financial data for this article was compiled by Automated Insights using information from Zacks Investment Research.