First Bancorp (NASDAQ:FNLC) Issues Earnings Results

First Bancorp (NASDAQ:FNLC) posted its earnings results on Wednesday. The bank reported $0.65 EPS for the quarter, Zacks reports. First Bancorp had a net margin of 16.46% and a return on equity of 10.72%.

First Bancorp Trading Down 1.3 %

NASDAQ:FNLC opened at $25.99 on Thursday. The company has a 50 day simple moving average of $27.58 and a two-hundred day simple moving average of $26.84. The company has a market cap of $289.79 million, a PE ratio of 10.97 and a beta of 0.58. First Bancorp has a 12 month low of $21.77 and a 12 month high of $31.05. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.37.

First Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, January 6th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 5.54%. The ex-dividend date was Monday, January 6th. First Bancorp’s dividend payout ratio (DPR) is presently 60.76%.

First Bancorp Company Profile

The First Bancorp, Inc operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans comprising commercial real estate owner occupied, such as mortgage loans to finance investments in real property such as retail space, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loan for financing working capital and/or capital investment.