FNLC Q2 2024 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

FNLCThe First Bancorp, Inc.

$315M

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$41M+16.1% YoY

Gross Profit

$19M46.0% margin

Operating Income

$7M18.3% margin

Net Income

$6M15.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$219,000

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$2.8B

Stockholders' Equity

$245M

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$35M	+16.1%
Gross Profit	$19M	$20M	-4.7%
Operating Income	$7M	$9M	-16.3%
Net Income	$6M	$7M	-16.5%

Revenue Segments

Debit Card

$1M40%

Fiduciary and Trust

$1M38%

Deposit Account

$542,00016%

Mortgage Banking

$189,0006%