First Bancorp, Inc (ME) (FNLC) Releases Quarterly Earnings Results

First Bancorp, Inc (ME) (NASDAQ:FNLC) issued its earnings results on Wednesday, October 18th. The bank reported $0.46 EPS for the quarter, Bloomberg Earnings reports. First Bancorp, Inc (ME) had a net margin of 26.51% and a return on equity of 10.76%. The firm had revenue of $15.45 million during the quarter.

Shares of First Bancorp, Inc (NASDAQ:FNLC) opened at 31.46 on Friday. The company has a market cap of $340.46 million, a P/E ratio of 18.51 and a beta of 0.69. First Bancorp, Inc has a 12 month low of $22.87 and a 12 month high of $33.21. The stock’s 50 day moving average is $29.39 and its 200 day moving average is $27.21.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, October 13th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, October 12th. First Bancorp, Inc (ME)’s dividend payout ratio is 55.17%.

In related news, EVP Steven Parady acquired 1,260 shares of the stock in a transaction dated Monday, July 31st. The stock was bought at an average price of $26.99 per share, for a total transaction of $34,007.40. Following the purchase, the executive vice president now directly owns 49,117 shares of the company’s stock, valued at approximately $1,325,667.83. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce B. Tindal sold 4,000 shares of First Bancorp, Inc (ME) stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $30.57, for a total transaction of $122,280.00. The disclosure for this sale can be found here. Insiders own 6.63% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “First Bancorp, Inc (ME) (FNLC) Releases Quarterly Earnings Results” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this story on another website, it was illegally stolen and reposted in violation of United States and international copyright law. The correct version of this story can be accessed at

Separately, BidaskClub downgraded shares of First Bancorp, Inc (ME) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th.

First Bancorp, Inc (ME) Company Profile

The First Bancorp, Inc is the bank holding company of First National Bank (the Bank). The Bank offers a range of financial services to individuals and companies in coastal Maine. The Company, through First Advisors, a division of the Bank, offers a range of private banking, financial planning, investment management and trust services to individuals, businesses, non-profit organizations and municipalities of various asset sizes.

Earnings History for First Bancorp, Inc (ME) (NASDAQ:FNLC)

Receive News & Ratings for First Bancorp Inc (ME) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Bancorp Inc (ME) and related companies with's FREE daily email newsletter.

Leave a Reply