The First Bancorp Inc.: 2Q Earnings Snapshot
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.