FNLC Q3 2023 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

FNLCThe First Bancorp, Inc.

$315M

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$37M+29.4% YoY

Gross Profit

$20M54.0% margin

Operating Income

$9M24.3% margin

Net Income

$7M20.1% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$9M

Stock-Based Comp.

$209,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.7B

Stockholders' Equity

$227M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$29M	+29.4%
Gross Profit	$20M	$24M	-15.3%
Operating Income	$9M	$12M	-26.6%
Net Income	$7M	$10M	-25.9%

Revenue Segments

Debit Card

$1M43%

Fiduciary and Trust

$1M36%

Deposit Account

$465,00014%

Mortgage Banking

$224,0007%