AP NEWS

The First Bancorp Inc.: 3Q Earnings Snapshot

October 23, 2019

DAMARISCOTTA, Maine (AP) _ The First Bancorp Inc. (FNLC) on Wednesday reported third-quarter profit of $6.3 million.

The bank, based in Damariscotta, Maine, said it had earnings of 58 cents per share.

The bank posted revenue of $23.4 million in the period. Its revenue net of interest expense was $16.8 million, which topped Street forecasts.

The First Bancorp Inc. shares have risen nearly 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.12, an increase of 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNLC at https://www.zacks.com/ap/FNLC