FNLC Q4 2023 Earnings — The First Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

FNLCThe First Bancorp, Inc.

$315M

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$39M+25.9% YoY

Gross Profit

$19M49.5% margin

Operating Income

$8M20.8% margin

Net Income

$7M17.2% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$213,000

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$2.7B

Stockholders' Equity

$243M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$31M	+25.9%
Gross Profit	$19M	$23M	-15.8%
Operating Income	$8M	$11M	-27.6%
Net Income	$7M	$9M	-27.4%

Revenue Segments

Debit Card

$2M46%

Fiduciary and Trust

$1M34%

Deposit Account

$488,00014%

Mortgage Banking

$202,0006%