First Bancorp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.6M | $70.1M | $32.8M | $17.4M | $25.3M | $299.5M | $275.7M | $266.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $139.5M | $98.1M | $274.1M | $201.3M | $129.8M | $122.7M | $150.2M | $137.3M |
| Operating Margin | 206.3% | 139.9% | 835.1% | 1,153.8% | 512.7% | 41.0% | 54.5% | 51.5% |
| Interest Expense | — | — | $142.1M | $16.1M | $9.5M | $19.6M | $33.9M | $23.8M |
| Pretax Income | $139.5M | $98.1M | $132.0M | $185.2M | $120.3M | $103.1M | $116.3M | $113.5M |
| Income Tax Expense | $28.5M | $21.9M | $27.8M | $38.3M | $24.7M | $21.7M | $24.2M | $24.2M |
| Net Income | $111.0M | $76.2M | $104.1M | $146.9M | $95.6M | $81.5M | $92.0M | $89.3M |
| Net Margin | 164.2% | 108.7% | 317.3% | 842.1% | 377.7% | 27.2% | 33.4% | 33.5% |
| EPS (Basic) | $2.68 | $1.85 | $2.54 | $4.12 | $3.19 | $2.81 | $3.10 | $3.02 |
| EPS (Diluted) | $2.68 | $1.84 | $2.53 | $4.12 | $3.19 | $2.81 | $3.10 | $3.01 |
| Shares Outstanding (Basic) | 41.2M | 41.0M | 40.7M | 35.5M | 29.9M | 28.8M | 29.5M | 29.6M |
| Shares Outstanding (Diluted) | 41.5M | 41.3M | 41.2M | 35.7M | 30.0M | 29.0M | 29.7M | 29.7M |
| Dividends Per Share | $0.91 | $0.88 | $0.88 | $0.88 | $0.80 | $0.72 | $0.54 | $0.40 |