---
title: "First Bancorp, Inc /ME/ 1Q 2026: Revenue $39.1M, EPS $0.8— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285744215.md"
description: "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%."
datetime: "2026-05-08T14:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285744215.md)
  - [en](https://longbridge.com/en/news/285744215.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285744215.md)
---

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

First Bancorp, Inc /ME/ reported first-quarter 2026 results with modest revenue growth and stronger profitability versus the year-ago quarter, as net income rose to $9M and diluted EPS increased to $0.8.

**Financial Highlights**

-   Revenue: Total interest income $39.1M for 1Q 2026 vs. $38.7M in 1Q 2025 (1.1% YoY).
-   Net income: $9.0M for 1Q 2026, up from $7.08M in the year-ago quarter (27.1% YoY).
-   Diluted EPS: $0.80 for 1Q 2026 vs. $0.63 in 1Q 2025 (27% YoY).

**Business Highlights**

-   Net interest income rose about 16% year over year and pre-tax, pre-provision (PTPP) earnings increased 28.7%, reflecting stronger core revenue generation.
-   Loan growth was modest (0.5% quarter-to-date) with increases in owner-occupied commercial real estate, commercial & industrial, residential mortgages and HELOCs.
-   Wealth management revenue grew 12.8%, supporting an 11% increase in non-interest income.
-   Non-GAAP efficiency improved to 52.6% from 56.9%, driven by higher net interest income.
-   Asset quality remained stable; nonperforming assets increased but allowance coverage was maintained through disciplined underwriting.

Original SEC Filing: First Bancorp, Inc /ME/ \[ FNLC \] - 10-Q - May. 08, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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