First Bancorp Inc (ME) logo

FNLC

First Bancorp Inc (ME)

$30.96

Earnings Summary

Revenue
$0.02Mn
Net Profits
$0.02Mn
Net Profit Margins
87.25%
PE Ratio
8.96

Highlights

Revenue:

First Bancorp Inc (ME)’s revenue fell -99.9% since last year same period to $0.02Mn in the Q2 2022. On a quarterly growth basis, First Bancorp Inc (ME) has generated -99.91% fall in its revenue since last 3-months.

Net Profits:

First Bancorp Inc (ME)’s net profit fell -99.79% since last year same period to $0.02Mn in the Q2 2022. On a quarterly growth basis, First Bancorp Inc (ME) has generated -99.81% fall in its net profits since last 3-months.

Net Profit Margins:

First Bancorp Inc (ME)’s net profit margin jumped 104.88% since last year same period to 87.25% in the Q2 2022. On a quarterly growth basis, First Bancorp Inc (ME) has generated 105.44% jump in its net profit margins since last 3-months.

PE Ratio:

First Bancorp Inc (ME)’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.96.

Key Ratios

Key ratios of the First Bancorp Inc (ME) post its Q2 2022 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.17
Dividend Per Share (DPS)
1.3

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Bancorp Inc (ME)’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Bancorp Inc (ME)’s return on equity (ROE) stands at 0.17.

Dividend Per Share (DPS):

First Bancorp Inc (ME) declared 1.3 dividend per share during the earnings announcement for Q2 2022.

Company Information

The First Bancorp (formerly First National Lincoln Corporation), is a $2.4 billion bank holding company based in Damariscotta, Maine. The company’s subsidiary, First National Bank (formerly The First, N.A.), was established in 1864 and now has 17 branches located along Maine’s coast from Wiscasset to Calais and one inland branch in Bangor. With a strong coastal presence, the Bank is well positioned to take advantage of the mix of both new and traditional industries and the growth generally seen in Maine’s coastal counties.

Organisation
First Bancorp Inc (ME)
Employees
253
Industry
Finance