First Bancorp Q1 net income $7.1M (+17.5% YoY); EPS $0.63 vs $0.54

First Bancorp, Inc /ME/

2025-Q1 EPS reported $0.63

Net income $7.1M, diluted EPS $0.63; up 17.5% and 17.0% from Q1 2024.
Net interest margin expanded to 2.48% from 2.22% YoY; NIM up 6bp QoQ.
Total assets $3.19B; loans grew at annualized 7.3% to $2.38B.
Non-performing assets / total assets 0.19%; ACL on loans 1.05%.
Q1 dividend of $0.36 per share declared, paid April 18, 2025.

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