|Bid||28.08 x 800|
|Ask||28.50 x 2200|
|Day's Range||28.12 - 29.38|
|52 Week Range||17.62 - 30.50|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||10.45|
|Forward Dividend & Yield||1.24 (4.18%)|
|Ex-Dividend Date||Apr 05, 2021|
|1y Target Est||N/A|
Tony C. McKim, President and Chief Executive Officer of The First Bancorp, Inc., (the "Company") (Nasdaq: FNLC), and its banking subsidiary, First National Bank, (the "Bank"), announced today that Kimberly Swan of Bar Harbor, Maine has been elected to serve as a Director for the Bank and the Company. "On behalf of the Board of Directors and the management team, I welcome Ms. Swan. We look forward to adding Kim’s expertise, insight and perspective to the Boards of The First Bancorp and First National Bank." Ms. Swan has been appointed to the Company's Governance Committee and the Bank's Directors Loan Committee and Trust Committee.
The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2021. Unaudited net income was $8.9 million, up $2.4 million or 37.4% from the $6.5 million reported for the three months ended March 31, 2020. Earnings per common share for the period on a fully diluted basis were up $0.21 to $0.81 per share, an increase of 35.0% from the prior year.
The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 31 cents per share. This first quarter dividend is payable April 16, 2021 to shareholders of record as of April 6, 2021. Based on the March 24, 2021 closing price of $28.08 per share, the annualized dividend of $1.24 per share translates to a yield of 4.42%.