First Bancorp Third Quarter 2024 Earnings: EPS: US$1.79 (vs US$0.68 in 3Q 2023)

First Bancorp (NASDAQ:FNLC) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$21.2m (up 5.6% from 3Q 2023).
• Net income: US$7.57m (up 1.3% from 3Q 2023).
• Profit margin: 36% (down from 37% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$1.79 (up from US$0.68 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

First Bancorp shares are down 3.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on First Bancorp's balance sheet health.

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