Earnings Summary

First Bancorp Inc/me’s revenue jumped 83.56% since last year same period to $38.63Mn in the Q1 2024. On a quarterly growth basis, First Bancorp Inc/me has generated -0.77% fall in its revenue since last 3-months.

First Bancorp Inc/me’s net profit fell -24.46% since last year same period to $6.02Mn in the Q1 2024. On a quarterly growth basis, First Bancorp Inc/me has generated -9.85% fall in its net profits since last 3-months.

First Bancorp Inc/me’s net profit margin fell -58.85% since last year same period to 15.59% in the Q1 2024. On a quarterly growth basis, First Bancorp Inc/me has generated -9.15% fall in its net profit margins since last 3-months.

First Bancorp Inc/me’s price-to-earnings ratio after this Q1 2024 earnings stands at 9.06.

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 0.01.

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 0.12.

First Bancorp Inc/me declared 0.35 dividend per share during the earnings announcement for Q1 2024.