First Bancorp (NASDAQ:FNLC - Get Free Report) posted its quarterly earnings results on Wednesday. The bank reported $0.65 earnings per share (EPS) for the quarter, Zacks reports. First Bancorp had a net margin of 16.46% and a return on equity of 10.72%.
First Bancorp Stock Performance
Shares of FNLC stock traded down $0.33 during trading hours on Wednesday, reaching $25.99. The stock had a trading volume of 13,755 shares, compared to its average volume of 22,500. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.85. First Bancorp has a twelve month low of $21.77 and a twelve month high of $31.05. The firm has a 50-day simple moving average of $27.58 and a 200-day simple moving average of $26.84. The firm has a market capitalization of $289.84 million, a PE ratio of 10.97 and a beta of 0.58.
First Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Monday, January 6th were issued a $0.36 dividend. The ex-dividend date was Monday, January 6th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.54%. First Bancorp's dividend payout ratio (DPR) is presently 60.76%.
About First Bancorp
(
Get Free Report)
The First Bancorp, Inc operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. It offers various deposit products, including demand, NOW, time, savings, money market, and certificates of deposit accounts. The company also provides commercial loans comprising commercial real estate owner occupied, such as mortgage loans to finance investments in real property such as retail space, offices, industrial buildings, hotels, educational facilities, and other specific or mixed use properties; commercial real estate non-owner occupied loans; commercial construction to finance construction in a mix of owner- and nonowner occupied commercial real estate properties; and commercial and industrial loans, including revolving and term loan for financing working capital and/or capital investment.
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