FNLC - Dividend announcements

Net Interest Margin Expansion and Improved Efficiency Drive a 27% Increase in First Quarter Earnings 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 expande

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

Strong Fourth Quarter Results Driven by Net Interest Margin Expansion and Non-Interest Revenue Growth 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. Earnin

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, headquarter

Strong Net Income Growth, Net Interest Margin Expansion, and Growth in Non-Maturity Deposits Highlight Third Quarter Performance 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

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 represe

Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality Highlight Second Quarter Performance The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited results for the quarter ended June 30, 2025. Net income for the period was $8.1 million with fully diluted earnings per share of $0.72. The Company also reported unaudited results for six months ended June 30, 2025, with net income for the period of $15.1 million and fully diluted earnings per share of $1.35. Second Quarter Notable Items: Net Income of $8.1 million is the strongest earnings quarter since Q4 2

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This second quarter dividend is payable July 18, 2025 to shareholders of record as of July 8, 2025. The quarterly cash dividend of 37 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I am pleased to announce that the Board of Directors has authorized a dividend of 37 cents per share for the second quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The one cent increase in the dividend marks our 11th consecutive year of raising the payout by at least one cent i

2025 Q1 Results Highlighted by Strong Year-Over-Year Net Income Growth, Net Interest Margin Expansion, and Continued Favorable Asset Quality 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, 2025. Net income for the period was $7.1 million with fully diluted earnings per share of $0.63. First Quarter Notable Items: Net Income growth of 17.5% from Q1 2024; diluted EPS growth of 17.0% PTPP Net Income growth of 32.5% from Q1 2024 Efficiency Ratio improved to 56.9% from 61.1% in Q1 2024 Net Interest Margin increased by 6 basis points from Q4 2024 Total assets re

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This first quarter dividend is payable April 18, 2025 to shareholders of record as of April 8, 2025. "I am pleased to announce that the Board of Directors has authorized a dividend of 36 cents per share for the first quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend has been and continues to be an important contributor to the value we offer our shareholders. Based on a closing price of $24.95 per share on March 26, 2025, the annualized dividend of $1.44 per share represents an attractive yield of 5.7

Fourth Quarter Results Driven by Improving Net Interest Margin, Earning Asset Growth, and Core Deposit Growth The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months and year ended December 31, 2024. Fourth quarter unaudited net income was $7.3 million, an increase of 9.0% from the fourth quarter of 2023. Earnings per share on a fully diluted basis for the fourth quarter of 2024 were $0.65, up $0.05 or 8.5% from the prior year period. For the twelve months ended December 31, 2024 unaudited net income was $27.0 million, a decrease of 8.4% from the $29.5 million reported for the twelve months ended December 31, 2023. Ear

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This fourth quarter dividend is payable January 16, 2025 to shareholders of record as of January 6, 2025. "As we approach 2024 year-end, I am pleased to announce a dividend of 36 cents per share for the fourth quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important contributor to the value we offer our shareholders. Based on a closing price of $26.57 per share on December 18, 2024, the annualized dividend of $1.44 per share represents an attractive yield of 5.42%." The First Bancorp

2024 Q3 Results Driven by Loan Growth, Net Interest Margin Expansion, and Continued Strong Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited net income of $7.6 million with diluted earnings per share of $0.68 for the quarter ended September 30, 2024. The Company also reported results for the nine months ended September 30, 2024. Net income year-to-date in 2024 was $19.8 million, with diluted earnings per share of $1.78. Third Quarter Notable Items: Net Income growth of 22.7% from Q2; diluted EPS growth of 22.6% Net Interest Income at its highest level in six quarters Net Interest Margin

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This third quarter dividend is payable October 18, 2024 to shareholders of record as of October 8, 2024. "I'm pleased to announce a dividend of 36 cents per share for the third quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value we offer our shareholders. Based on a closing price of $26.03 per share on September 25, 2024, the annualized dividend of $1.44 per share represents an attractive yield of 5.53%." The First Bancorp, headquartered in Damariscotta, Maine, is t

2024 Q2 Results Driven by Loan Growth, Stable Net Interest Margin, and Strong Asset Quality The First Bancorp (NASDAQ:FNLC), ("the Company", "we", "us", "our"), parent company of First National Bank, today reported unaudited net income of $6.2 million with diluted earnings per share of $0.55 for the quarter ended June 30, 2024. The Company also reported results for the six months ended June 30, 2024. Net income year-to-date in 2024 was $12.2 million, with diluted earnings per share of $1.10. Second Quarter Notable Items: Total assets reached $3.08 billion, an increase of $106.8 million in Q2 Pre-tax, pre-provision earnings increased by $1.2 million or 18.1% from Q1 Loan balance

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 36 cents per share. This second quarter dividend is payable July 19, 2024 to shareholders of record as of July 9, 2024. The quarterly cash dividend of 36 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I'm pleased to announce that the Board of Directors approved a one cent increase in the second quarter dividend to 36 cents per share," remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important component of the value we offer our shareholders. Based on t

2024 Q1 Results Driven by Loan Growth and Strong Asset Quality FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS Total assets were $2.98 billion, an increase of $31.5 million for the period Very strong asset quality with a ratio of Non-Performing Assets to Total Assets of 0.09% Loan balances grew at an annualized rate of 8.4% to $2.17 billion Total deposits decreased $50.7 million to $2.55 billion, in-line with seasonal expectations Net Income was $6.0 million A quarterly shareholder dividend of $0.35 per share was declared. The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2024. Unaudi

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This first quarter dividend is payable April 19, 2024 to shareholders of record as of April 9, 2024. "I'm pleased to announce a first quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important component of the value we offer our shareholders. Based on the March 27, 2024 closing price of $23.89 per share, the annualized dividend of $1.40 per share represents an attractive yield of 5.86%." The First Bancorp, headquartered in Damariscotta, Maine, is the holding comp

2023 Results Driven by Strong Earning Asset Growth, Strong Deposit Growth, and Excellent Credit Quality 2023 FINANCIAL HIGHLIGHTS Total assets increased $207.5 million, ending the year at $2.95 billion. Total loans grew to $2.13 billion, an increase of $214.8 million or 11.2%, year-over-year. Total deposits grew to $2.60 billion, an increase of $220.8 million or 9.3% year-over-year. Asset Quality continued to be excellent demonstrated by a Non-Performing Assets to Total Assets ratio of 0.07%. Strong Liquidity with day-one capacity to cover more than 150% of uninsured deposits. Tangible Book Value per share of $19.12 up $1.19 per share from a year ago. Net income decre

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This fourth quarter dividend is payable January 19, 2024 to shareholders of record as of January 8, 2024. "I'm pleased to announce a fourth quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend continues to be an important part of the value we offer our shareholders. Based on the December 20, 2023 closing price of $27.99 per share, the annualized dividend of $1.40 per share represents an attractive yield of 5.00%." The First Bancorp, headquartered in Damariscotta, Maine, is the

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2023. Unaudited net income for the period was $7.5 million representing an increase of 1.1% from the second quarter of 2023. Diluted earnings per share were $0.67, level with the prior quarter. The Company also reported results for the nine months ended September 30, 2023. Net income year-to-date in 2023 was $22.8 million, with diluted earnings per share of $2.06. Total assets have increased $205.0 million year-to-date to reach $2.94 billion, supported by total deposits of $2.60 billion, borrowings of $83.0 million and common equity of $226.7 mil

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This third quarter dividend is payable October 20, 2023 to shareholders of record as of October 10, 2023. "I'm pleased to announce a third quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend is an important part of the value we offer our shareholders. Based on the September 27, 2023 closing price of $23.37 per share, the annualized dividend of $1.40 per share represents an attractive yield of 5.99%." The First Bancorp, headquartered in Damariscotta, Maine, is the holding compa

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2023. Unaudited net income for the period was $7.4 million representing diluted earnings per share of $0.67. The Company also reported results for the six months ended June 30, 2023. Net income year-to-date in 2023 was $15.4 million, with diluted earnings per share of $1.39. Compared to prior periods, earnings for the second quarter of 2023 were down from the net income of $10.0 million and diluted earnings per share of $0.91 reported in the second quarter of 2022, and down from the net income of $8.0 million and diluted earnings per share of $0.72 re

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 35 cents per share. This second quarter dividend is payable July 20, 2023 to shareholders of record as of July 10, 2023. The quarterly cash dividend of 35 cents per share is an increase of one cent per share from the dividend paid in each of the prior four quarters. "I'm pleased to announce a second quarter dividend of 35 cents per share", remarked President & Chief Executive Officer, Tony C. McKim. "The quarterly dividend remains an important part of the value we offer our shareholders. Based on the June 28, 2023 closing price of $24.23 per share, the annualized dividen

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2023. Unaudited net income for the period was $8.0 million representing diluted earnings per share of $0.72, as compared to net income of $9.7 million and diluted earnings per share of $0.88 in the first quarter of 2022. Non-recurring revenues in the first quarter of 2022, including Payroll Protection Program ("PPP") fees and debit card program incentives, accounted for $1.4 million of the year-to-year change, or $0.13 per diluted share, and a decrease in mortgage banking revenue, another $306,000, or $0.03 per share. Removing these effects, net inco

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 34 cents per share. This first quarter dividend is payable April 20, 2023 to shareholders of record as of April 10, 2023. "I'm pleased to announce a first quarter dividend of 34 cents per share," remarked President & Chief Executive Officer, Tony C. McKim. "Based on the March 29, 2023 closing price of $26.26 per share, the annualized dividend of $1.36 per share represents an attractive yield of 5.18% for our shareholders." The First Bancorp, headquartered in Damariscotta, Maine, is the holding company for First National Bank. Founded in 1864, the Bank serves Mid-Coast an

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2022. Unaudited net income was $39.0 million, an increase of 7.5% from the $36.3 million reported for the year ended December 31, 2021. Net of non-recurring Payroll Protection Program (PPP) revenue, unaudited net income for 2022 was up 14.6% over 2021. Earnings per common share on a fully diluted basis were up $0.23 to $3.53 per share, an increase of 7.0% from the prior year. The Company also announced operating results for the three months ended December 31, 2022. Unaudited net income was $9.2 million, a decrease of 3.7% from the final three months of 20

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 34 cents per share. This fourth quarter dividend is payable January 20, 2023 to shareholders of record as of January 9, 2023. Based on the December 14, 2022 closing price of $29.93 per share, the annualized dividend of $1.36 per share translates to a yield of 4.54%. "The First Bancorp has posted strong operating results in 2022, with record earnings reported for each of the first three quarters", remarked President & Chief Executive Officer, Tony C. McKim. "Sharing that success with our shareholders is a priority of our Board of Directors, and I'm pleased to do so again t

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2022. Unaudited net income was $10.1 million, up $1.1 million or 11.9% from the $9.0 million reported for the three months ended September 30, 2021 and represents a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.09 to $0.91 per share, an increase of 11.0% from the prior year. The Company also reported results for the nine months ended September 30, 2022. Net income was $29.8 million, up $3.1 million or 11.5% from the first nine months of 2021, with earnings per share

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 34 cents per share. This third quarter dividend is payable October 21, 2022 to shareholders of record as of October 5, 2022. Based on the September 20, 2022 closing price of $28.58 per share, the annualized dividend of $1.36 per share translates to a yield of 4.76%. "To date, The First Bancorp has enjoyed an excellent year with record earnings reported for the first and second quarters of 2022," remarked President & Chief Executive Officer, Tony C. McKim. "The Board of Directors is committed to sharing the Company's success with our shareholders, and I'm pleased to do so

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2022. Unaudited net income was $10.0 million, up $1.2 million or 13.8% from the $8.8 million reported for the three months ended June 30, 2021, and represents a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.11 to $0.91 per share, an increase of 13.8% from the prior year. The Company also reported results for the six months ended June 30, 2022. Net income was $19.7 million, up $2.0 million or 11.3% from the first six months of 2021, with earnings per share on a fully dilut

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 34 cents per share. This second quarter dividend is payable July 22, 2022 to shareholders of record as of July 11, 2022. The quarterly cash dividend of 34 cents per share is an increase of 2 cents or 6.25% from the 32 cents per share paid in each of the prior four quarters. Based on the June 29, 2022 closing price of $29.92 per share, the annualized dividend of $1.36 per share translates to a yield of 4.55%. "The First Bancorp performed very well in 2021 and has continued to do so in 2022 with record earnings reported for the first quarter," remarked President & Chief Exe

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2022. Unaudited net income was $9.7 million, up $783,000 or 8.8% from the $8.9 million reported for the three months ended March 31, 2021, and represents a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.07 to $0.88 per share, an increase of 8.6% from the prior year. "The First Bancorp enjoyed a strong start to 2022, posting a record earnings quarter," commented Tony C. McKim, the Company's President and Chief Executive Officer. "Earning asset growth, in particular high-q

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This first quarter dividend is payable April 22, 2022 to shareholders of record as of April 11, 2022. Based on the March 30, 2022 closing price of $30.06 per share, the annualized dividend of $1.28 per share translates to a yield of 4.26%. "The First Bancorp performed very well in 2021 with record earnings being reported for the year," remarked President & Chief Executive Officer, Tony C. McKim. "The Board of Directors is committed to sharing the Company's success with our shareholders, and I'm pleased to do so in the form of a generous cash dividend a

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the year ended December 31, 2021. Unaudited net income was $36.3 million, an increase of 33.7% from the $27.1 million reported for the year ended December 31, 2020. Earnings per common share on a fully diluted basis were up $0.82 to $3.30 per share, an increase of 33.1% from the prior year. The Company also announced operating results for the three months ended December 31, 2021. Unaudited net income was $9.5 million, an increase of 37.0% from the final three months of 2020, with earnings per share on a fully diluted basis of $0.87, up $0.23 or 35.9% from the same period in 2020. "

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This fourth quarter dividend is payable January 21, 2022 to shareholders of record as of January 10, 2022. Based on the December 29, 2021 closing price of $31.70 per share, the annualized dividend of $1.28 per share translates to a yield of 4.04%. "The First Bancorp has performed very well in 2021 with record earnings being reported through the first nine months of the year," remarked President & Chief Executive Officer, Tony C. McKim. "I'm pleased that the Company's Board of Directors continues to share this success with our shareholders in the form o

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended September 30, 2021. Unaudited net income was $9.0 million, up $1.9 million or 27.0% from the $7.1 million reported for the three months ended September 30, 2020, representing a new quarterly earnings high mark for the Company. Earnings per common share for the period on a fully diluted basis were up $0.17 to $0.82 per share, an increase of 26.2% from the prior year. The Company also reported results for the nine months ended September 30, 2021. Net income was $26.7 million, up $6.6 million or 32.6% from the first nine months of 2020, and representing a new hig

The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This third quarter dividend is payable October 22, 2021 to shareholders of record as of October 12, 2021. Based on the September 29, 2021 closing price of $29.50 per share, the annualized dividend of $1.28 per share translates to a yield of 4.34%. "The First Bancorp has followed record annual earnings in 2020 with record first half earnings in 2021," remarked President & Chief Executive Officer, Tony C. McKim. "I'm pleased that the Company's Board of Directors continues to share this success with our shareholders in the form of a generous cash dividend

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended June 30, 2021. Unaudited net income was $8.8 million, up $2.2 million or 33.8% from the $6.6 million reported for the three months ended June 30, 2020. Earnings per common share for the period on a fully diluted basis were up $0.20 to $0.80 per share, an increase of 33.3% from the prior year. The Company also reported results for the six months ended June 30, 2021. Net income was $17.7 million, up $4.6 million or 35.6% from the first six months of 2020, with earnings per share on a fully diluted basis of $1.61, up $0.41 or 34.2% from the same period in 2020.

The Board of Directors of The First Bancorp (NASDAQ:FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 32 cents per share. This first quarter dividend is payable July 19, 2021 to shareholders of record as of July 8, 2021. Based on the June 23, 2021 closing price of $29.88 per share, the annualized dividend of $1.28 per share translates to a yield of 4.28%. "The second quarter dividend of $0.32 per share represents an increase of $0.01 per share from the prior quarter, which is an annualized increase of 3.2%," remarked President & Chief Executive Officer, Tony C. McKim. "The First Bancorp followed record annual earnings in 2020 with a quarterly ear

The First Bancorp (NASDAQ:FNLC), parent company of First National Bank, today announced operating results for the three months ended March 31, 2021. Unaudited net income was $8.9 million, up $2.4 million or 37.4% from the $6.5 million reported for the three months ended March 31, 2020. Earnings per common share for the period on a fully diluted basis were up $0.21 to $0.81 per share, an increase of 35.0% from the prior year. "I'm very pleased to report that The First Bancorp kicked off 2021 with its strongest ever earnings quarter", commented Tony C. McKim, the Company's President and Chief Executive Officer. "Net Income of $8.9 million for the first quarter increased $2.4 million from the

DAMARISCOTTA, Maine--(BUSINESS WIRE)--The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 31 cents per share. This first quarter dividend is payable April 16, 2021 to shareholders of record as of April 6, 2021. Based on the March 24, 2021 closing price of $28.08 per share, the annualized dividend of $1.24 per share translates to a yield of 4.42%. "The First Bancorp reported record annual earnings in 2020," remarked President & Chief Executive Officer, Tony C. McKim. "I'm pleased that the Company's Board of Directors continues to view paying a generous cash dividend as an appropriate way

DAMARISCOTTA, Maine--(BUSINESS WIRE)--The Board of Directors of The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 31 cents per share. This fourth quarter dividend is payable January 19, 2021 to shareholders of record as of January 6, 2021. Based on the December 16, 2020 closing price of $25.41 per share, the annualized dividend of $1.24 per share translates to a yield of 4.88%. "The First Bancorp reported strong earnings in the first three quarters of 2020, including record earnings for the quarter ended September 30, 2020," remarked President & Chief Executive Officer, Tony C. McKim. "The Company's Board of D