FNLC

Net Interest Margin Expansion and Improved Efficiency Drive a 27% Increase in First Quarter Earnings DAMARISCOTTA, Maine, April 22, 2026--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended March 31, 2026. Net income for the period was $9.0 million with fully diluted earnings per share of $0.80, as compared to net income of $7.1 million and diluted earnings per share of $0.63 for the three months ended March 31, 2025. First Quarter Notable Items: Net Income of $9.0 million is an increase of 27.1% as compared to Q1 2025 Diluted EPS of $0.80 is an increase of 26.2% from Q1 2025 Net Interest Margin expanded to 2.86%, a 38 basis point increase from Q1 2025 Loan growth in the period of $11.0 million Efficiency Ratio of 52.64%, improved from 56.93% in Q1 2025 Tangible Book Value per share rose to $22.71, up 11.1% from Q1 2025 Quarterly shareholder dividend of $0.37 per share CEO COMMENTS "I am pleased to report continued year-over-year quarterly earnings growth to kick off 2026," commented Tony C. McKim, the Company's President and Chief Executive Officer. "Net income of $9.0 million for the first quarter is an increase of 27.1% from the first quarter of 2025. Our Return on Average Assets for the period was 1.15% and our Return on Average Tangible Common Equity was 14.15%, both up nicely from 0.91% and 12.64%, respectively, a year ago. "Earnings growth has been driven by continued expansion of our net interest margin, coupled with increased non-interest revenue and controlled expenses. Our margin improved for the seventh consecutive quarter, to 2.86% for the first quarter of 2026, up 38 basis points from the first quarter of 2025, with the improvement stemming from a combination of earning asset yield enhancement focused in the loan portfolio and reduced funding costs. "Total assets increased $34 million in the quarter, including net loan growth of $11 million. New loan production for the quarter was $116 million. Total deposits were flat as non-maturity deposits followed a typical seasonal pattern, falling $58.6 million during the period, and were replaced by short-term time deposits and borrowings. Our capital position strengthened as compared to both the prior year quarter and the immediate prior quarter, and overall liquidity remains...

DAMARISCOTTA, Maine (AP) — DAMARISCOTTA, Maine (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $9 million in its first quarter. The bank, based in Damariscotta, Maine, said it had earnings of 80 cents per share. The bank posted revenue of $43.6 million in the period. Its revenue net of interest expense was $25.1 million, beating Street forecasts. _____ 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

DAMARISCOTTA, Maine, March 26, 2026--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This first quarter dividend is payable April 17, 2026 to shareholders of record as of April 7, 2026. "The Board of Directors is pleased to authorize a dividend of 37 cents per share for the first quarter of 2026," remarked President & Chief Executive Officer, Tony C. McKim. "Based on a closing price of $27.88 per share on March 25, 2026, the annualized dividend of $1.48 per share represents an attractive yield of 5.31%." The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties. Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. Category: Dividends Source: The First Bancorp View source version on businesswire.com: https://www.businesswire.com/news/home/20260326932334/en/ Contacts The First Bancorp Richard M. Elder, EVP, Chief Financial Officer 207-563-3195 [email protected]

Strong Fourth Quarter Results Driven by Net Interest Margin Expansion and Non-Interest Revenue Growth DAMARISCOTTA, Maine, January 21, 2026--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months and year ended December 31, 2025. Fourth quarter unaudited net income was $10.2 million, an increase of 39.7% from the fourth quarter of 2024. Earnings per share on a fully diluted basis for the fourth quarter of 2025 were $0.91, up $0.25 or 38.9% from the prior year period. For the twelve months ended December 31, 2025 unaudited net income was $34.4 million, an increase of 27.2% from the $27.0 million reported for the twelve months ended December 31, 2024. Earnings per common share on a fully diluted basis were up $0.64 to $3.07 per share, an increase of 26.4% from the prior year. Fourth Quarter Notable Items: Net Interest Margin expanded 13 basis points from 3Q2025 and has increased 41 basis points from 4Q2024 Non-Interest Income grew 5.8% from 3Q2025 and grew 6.7% from 4Q2024 Core deposits increased $21.5 million from 3Q2025 Net Interest Income grew 5.2% from 3Q2025, and grew 20.3% from 4Q2024 Efficiency Ratio improved to 49.33% for the period Tangible book value increased to $22.49 per share, up 3.5% from 3Q2025 and up 13.2% from 4Q2024 Quarterly shareholder dividend of $0.37 per share CEO COMMENTS "The First Bancorp concluded 2025 with robust annual earnings of $34.4 million," commented Tony C. McKim, the Company’s President and Chief Executive Officer. "Our performance was driven by a 21.1% increase in annual net interest income, and bolstered by a 6.0% rise in non-interest revenue. Return on Average Assets for 2025 was 1.08%, with a Return on Average Tangible Common Equity of 14.50%. We continued to expand the loan portfolio with total loans increasing $53.2 million, or 2.3% for the year, while maintaining generally favorable asset quality. Local deposit generation has been a focus of business development efforts leading to year-over-year core deposit growth of $77.0 million, fully funding our loan growth and allowing for a reduction in more expensive wholesale funding balances." Mr. McKim continued, "Results for the fourth quarter of 2025 were strong as evidenced by an annualized Return on Average Assets of 1.26%, and an annualized Return on Average Tangible Common Equi...

DAMARISCOTTA, Maine (AP) — DAMARISCOTTA, Maine (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $10.2 million in its fourth quarter. The Damariscotta, Maine-based bank said it had earnings of 91 cents per share. The bank posted revenue of $45.5 million in the period. Its revenue net of interest expense was $25.8 million, topping Street forecasts. For the year, the company reported profit of $34.4 million, or $3.07 per share. Revenue was reported as $94.7 million. _____ 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

First Bancorp (FNLC) reported Q4 earnings late Wednesday of $0.91 per diluted share, up from $0.65 a

DAMARISCOTTA, Maine, December 18, 2025--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This fourth quarter dividend is payable January 16, 2026 to shareholders of record as of January 6, 2026. "The Board of Directors today authorized a dividend of 37 cents per share for the fourth quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "We are pleased to close out a successful year by declaring a cash distribution to our shareholders. Based on a closing price of $28.29 per share on December 17, 2025, the annualized dividend of $1.48 per share represents an attractive yield of 5.23%." The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties. Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. Category: Dividends View source version on businesswire.com: https://www.businesswire.com/news/home/20251218095646/en/ Contacts The First Bancorp Richard M. Elder, EVP, Chief Financial Officer 207-563-3195 [email protected]

DAMARISCOTTA, Maine (AP) — DAMARISCOTTA, Maine (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $9.1 million in its third quarter. The Damariscotta, Maine-based bank said it had earnings of 81 cents per share. The bank posted revenue of $45.5 million in the period. Its revenue net of interest expense was $24.5 million, surpassing Street forecasts. _____ 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

Strong Net Income Growth, Net Interest Margin Expansion, and Growth in Non-Maturity Deposits Highlight Third Quarter Performance DAMARISCOTTA, Maine, October 22, 2025--(BUSINESS WIRE)--The First Bancorp (Nasdaq: FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended September 30, 2025. Net income for the period was $9.1 million with fully diluted earnings per share of $0.81. The Company also reported unaudited results for the nine months ended September 30, 2025, with net income for the period of $24.2 million and fully diluted earnings per share of $2.16. Third Quarter Notable Items: Net Income of $9.1 million represents: growth of 20.0% as compared to Q3 2024; diluted EPS growth of 19.3% growth of 12.6% as compared to Q2 2025; diluted EPS growth of 12.5% Net Interest Margin expanded to 2.70% and is: an increase of 38 basis points from Q3 2024 an increase of 18 basis points from Q2 2025 Non-Maturity Deposit growth of $139.5 million Efficiency Ratio improved to 50.40% Tangible Book Value per share rose to $21.74, up 7.3% from Q3 2024 Quarterly shareholder dividend of $0.37 per share CEO COMMENTS "I am pleased to report strong results for the third quarter of 2025," commented Tony C. McKim, the Company's President and Chief Executive Officer. "Net income of $9.1 million for the quarter is an increase of 20.0% from the third quarter of 2024, and through nine months, earnings have increased 22.6% from a year ago. Our Return on Average Assets for the period was 1.13% and stands at 1.02% year-to-date. "Earnings growth year-to-date has been driven by expansion of our net interest margin, the pace of which accelerated in the third quarter. Our margin for the third quarter improved to 2.70%, up 18 basis points in the period, attributable to earning asset yield enhancement in the loan portfolio, coupled with reduced funding costs. "Balance sheet activity was mostly focused on local deposit growth in the third quarter. We saw stronger than expected growth in non-maturity deposits, which were up nearly $140 million during the period. This growth allowed for replacement of higher cost wholesale time deposits and borrowings, a key contributor in lowering overall funding costs," continued Mr. McKim. "Overall asset quality remains favorable, while our capital and liquidity positions continue...

DAMARISCOTTA, Maine, September 25, 2025--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This third quarter dividend is payable October 16, 2025 to shareholders of record as of October 6, 2025. "The Board of Directors today authorized a dividend of 37 cents per share for the third quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The dividend continues to be an important component of the Company's value proposition, and we are pleased to pay out a meaningful distribution to our shareholders. Based on a closing price of $26.49 per share on September 24, 2025, the annualized dividend of $1.48 per share represents an attractive yield of 5.59%." The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast and Down East Maine with eighteen offices in Lincoln, Knox, Hancock, Penobscot, Waldo and Washington Counties. The Bank provides a full range of consumer and commercial banking products and services. First National Wealth Management, a division of First National Bank, provides investment management and trust services from five offices in Lincoln, Knox, Penobscot and Hancock Counties. Forward-looking and cautionary statements: except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. Category: Dividends View source version on businesswire.com: https://www.businesswire.com/news/home/20250925807917/en/ Contacts The First Bancorp Richard M. Elder, EVP, Chief Financial Officer 207-563-3195 [email protected]

Revenue: US$22.1m (up 18% from 2Q 2024). Net income: US$8.06m (up 31% from 2Q 2024). Profit margin: 37% (up from 33% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.73 (up from US$0.56 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period First Bancorp shares are down 4.0% from a week ago. We should say that we've discovered 1 warning sign for First Bancorp that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

DAMARISCOTTA, Mass. (AP) — DAMARISCOTTA, Mass. (AP) — The First Bancorp Inc. (FNLC) on Wednesday reported net income of $8.1 million in its second quarter. The bank, based in Damariscotta, Massachusetts, said it had earnings of 72 cents per share. The bank posted revenue of $44 million in the period. Its revenue net of interest expense was $22.5 million, beating Street forecasts. _____ 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