Brief: The First Bancorp Second Quarter Earnings Increase 13.8%

First Bancorp

20/07/2022 21:59

July 20 (Reuters) - First Bancorp Inc  FNLC.O :
    * THE FIRST BANCORP SECOND QUARTER EARNINGS INCREASE 13.8%
    * Q2 EARNINGS PER SHARE $0.91
    * TANGIBLE BOOK VALUE WAS $17.84 PER SHARE AS OF JUNE 30,
2022,
DOWN FROM $18.49 AT JUNE 30, 2021
    * QTRLY NET INTEREST INCOME INCREASED $3.0 MILLION FROM Q2
OF
2021, AN INCREASE OF 18.9%
    * NET INTEREST MARGIN FOR QUARTER ENDED JUNE 30, 2022 WAS
3.13%,
UP FROM 2.86% FOR QUARTER ENDED JUNE 30, 2021

Source text for Eikon:  ID:nBw7cFPlYa 
Further company coverage:  FNLC.O 

 ((reuters.briefs@thomsonreuters.com;))