FNLC Q2 2023 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

FNLCThe First Bancorp, Inc.

$315M

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$35M+37.4% YoY

Gross Profit

$20M56.0% margin

Operating Income

$9M25.5% margin

Net Income

$7M21.1% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$214,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.6B

Stockholders' Equity

$232M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$26M	+37.4%
Gross Profit	$20M	$22M	-12.0%
Operating Income	$9M	$12M	-26.5%
Net Income	$7M	$10M	-26.0%

Revenue Segments

Debit Card

$1M40%

Fiduciary and Trust

$1M38%

Deposit Account

$497,00016%

Mortgage Banking

$195,0006%