First Bancorp, Inc /ME/ 1Q 2026: Revenue $39.1M, EPS $0.8— 10-Q Summary

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2026.05.08 14:41
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First Bancorp, Inc /ME/ reported its 1Q 2026 results, showing revenue of $39.1M, a 1.1% increase from $38.7M in 1Q 2025. Net income rose to $9M, up 27.1% year-over-year, with diluted EPS at $0.80, a 27% increase. Net interest income grew by 16%, and wealth management revenue increased by 12.8%. Loan growth was modest at 0.5%, while asset quality remained stable. Non-GAAP efficiency improved to 52.6%.