First Bancorp (FNLC) to Release Quarterly Earnings on Tuesday
First Bancorp (NASDAQ:FNLC) last announced its quarterly earnings results on Wednesday, October 18th. The bank reported $0.46 earnings per share for the quarter. The firm had revenue of $15.45 million for the quarter. First Bancorp had a return on equity of 10.68% and a net margin of 26.51%.
First Bancorp (FNLC) opened at $27.72 on Tuesday. The firm has a market capitalization of $300.14, a P/E ratio of 15.93 and a beta of 0.64. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.64. First Bancorp has a 12-month low of $25.00 and a 12-month high of $32.33.
In other First Bancorp news, Director Bruce B. Tindal sold 3,450 shares of the business’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $30.58, for a total transaction of $105,501.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 6.63% of the stock is owned by insiders.
Separately, BidaskClub downgraded First Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th.
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About First Bancorp
The First Bancorp, Inc is the bank holding company of First National Bank (the Bank). The Bank offers a range of financial services to individuals and companies in coastal Maine. The Company, through First Advisors, a division of the Bank, offers a range of private banking, financial planning, investment management and trust services to individuals, businesses, non-profit organizations and municipalities of various asset sizes.
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