earnings
confidence high
sentiment positive
materiality 0.75
First Bancorp Q2 net income up 18.6% to $9.6M; EPS $0.85, NIM expands to 2.88%
First Bancorp, Inc /ME/
- Net income $9.6M, diluted EPS $0.85, up 18.6% and 17.8% YoY respectively.
- Net interest margin expanded to 2.88%, up 36 bps from 2.52% in Q2 2025.
- Loan growth of $18.6M in Q2; total assets $3.22B.
- Efficiency ratio improved to 50.33% from 52.39% a year ago.
- Quarterly dividend increased to $0.38 per share from $0.37.