earnings
confidence high
sentiment positive
materiality 0.70
First Bancorp Q1 net income $9.0M, EPS $0.80 (+26% YoY); NIM expands to 2.86%
First Bancorp, Inc /ME/
2026-Q1 EPS reported
$0.80
- Net income $9.0M vs $7.1M YoY (+27%); diluted EPS $0.80 vs $0.63 (+26%).
- Net interest margin improved to 2.86%, up 38 bps from Q1 2025.
- Efficiency ratio (non-GAAP) improved to 52.64% from 56.93% YoY.
- Loan growth $11M; total assets $3.20B, up $34.5M in quarter.
- Quarterly dividend maintained at $0.37/share; NPL ratio rose to 0.67% from 0.54%.