The First Bancorp Inc.: Q1 Earnings Snapshot

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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNLC at https://www.zacks.com/ap/FNLC

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up