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The First Bancorp Inc.: 1Q Earnings Snapshot

DAMARISCOTTA, Maine (AP) _ The First Bancorp Inc. (FNLC) on Wednesday reported first-quarter profit of $6.2 million.

The bank, based in Damariscotta, Maine, said it had earnings of 57 cents per share.

The bank posted revenue of $22.4 million in the period. Its revenue net of interest expense was $16 million, which topped Street forecasts.

The First Bancorp Inc. shares have climbed nearly 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.49, a decline of 6.5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNLC at https://www.zacks.com/ap/FNLC