FNLC Q1 2023 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

FNLCThe First Bancorp, Inc.

$315M

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$32M+31.2% YoY

Gross Profit

$20M63.1% margin

Operating Income

$10M29.7% margin

Net Income

$8M24.5% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$184,000

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$228M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$25M	+31.2%
Gross Profit	$20M	$22M	-8.5%
Operating Income	$10M	$12M	-17.9%
Net Income	$8M	$10M	-17.9%

Revenue Segments

Debit Card

$1M40%

Fiduciary and Trust

$1M39%

Deposit Account

$437,00015%

Mortgage Banking

$192,0006%