First Bancorp Q2 EPS $1.095 Up From $0.67 YoY
Portfolio Pulse from Benzinga Newsdesk
First Bancorp (NASDAQ:FNLC) reported a significant increase in its Q2 earnings per share (EPS), rising to $1.09 from $0.67 in the same period last year, marking a 63.43% increase.
July 24, 2024 | 8:46 pm
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First Bancorp reported a 63.43% increase in Q2 EPS, rising to $1.09 from $0.67 YoY. This strong performance is likely to positively impact the stock price in the short term.
The significant YoY increase in EPS indicates strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100