FNLCThe First Bancorp, Inc.

$315M

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$39M+19.7% YoY

Gross Profit

$19M49.0% margin

Operating Income

$7M18.7% margin

Net Income

$6M15.5% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$231,000

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$243M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$32M	+19.7%
Gross Profit	$19M	$20M	-7.1%
Operating Income	$7M	$10M	-24.6%
Net Income	$6M	$8M	-24.5%

Revenue Segments

Fiduciary and Trust

$1M40%

Debit Card

$1M39%

Deposit Account

$499,00017%

Mortgage Banking

$130,0004%

FNLC Q1 2024 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena