FIRST BANCORP, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.7M | $80.3M | $80.6M | $93.0M | $85.7M | $78.0M | $66.7M | $62.8M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $41.9M | $32.6M | $98.7M | $64.3M | $54.7M | $49.5M | $56.4M | $48.2M |
| Operating Margin | 44.3% | 40.6% | 122.4% | 69.1% | 63.8% | 63.5% | 84.6% | 76.7% |
| Interest Expense | — | — | $63.0M | $16.9M | $10.8M | $17.3M | $26.2M | $20.3M |
| Pretax Income | $41.9M | $32.6M | $35.7M | $47.4M | $43.9M | $32.3M | $30.3M | $27.8M |
| Income Tax Expense | $7.5M | $5.5M | $6.2M | $8.4M | $7.6M | $5.1M | $4.7M | $4.3M |
| Net Income | $34.4M | $27.0M | $29.5M | $39.0M | $36.3M | $27.1M | $25.5M | $23.5M |
| Net Margin | 36.3% | 33.7% | 36.6% | 41.9% | 42.3% | 34.8% | 38.3% | 37.5% |
| EPS (Basic) | $3.10 | $2.45 | $2.68 | $3.56 | $3.33 | $2.50 | $2.36 | $2.18 |
| EPS (Diluted) | $3.07 | $2.43 | $2.66 | $3.53 | $3.30 | $2.48 | $2.34 | $2.17 |
| Shares Outstanding (Basic) | 11.1M | 11.1M | 11.0M | 10.9M | 10.9M | 10.9M | 10.8M | 10.8M |
| Shares Outstanding (Diluted) | 11.2M | 11.1M | 11.1M | 11.0M | 11.0M | 10.9M | 10.9M | 10.9M |
| Dividends Per Share | $1.47 | $1.43 | $1.39 | $1.34 | $1.27 | $1.23 | $1.19 | $1.11 |