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The First Bancorp Inc.: 2Q Earnings Snapshot

July 17, 2019

DAMARISCOTTA, Maine (AP) _ The First Bancorp Inc. (FNLC) on Wednesday reported second-quarter net income of $6.4 million.

The Damariscotta, Maine-based bank said it had earnings of 59 cents per share.

The bank posted revenue of $23.4 million in the period. Its revenue net of interest expense was $16.6 million, topping Street forecasts.

The First Bancorp Inc. shares have dropped slightly more than 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $25.70, a drop of 12% in the last 12 months.

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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

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