First Bancorp Q3 2026 net income rises 18% year over year to $10.67 million
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- The First Bancorp’s third-quarter 2026 net income rose 18% year over year to a record $10.7 million.
- Net interest income climbed 12% year over year to $22.5 million, supported by earning-asset growth and lower funding costs.
- Non-interest income increased 11% year over year to $5 million, while non-interest expense rose 6% to $13.5 million.
- Quarter-end deposits rose to $2.79 billion from the previous quarter, enabling reductions in short-term time deposits and borrowings.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The First Bancorp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610211615BIZWIRE_USPR_____20261021_BW901871) on October 21, 2026, and is solely responsible for the information contained therein.
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