First Bancorp, Inc /ME/ Earnings Per Share Disclosure
| Income (Numerator) | Shares (Denominator) | Per-Share Amount | |||||||||
For the year ended December 31, 2025 | |||||||||||
| Net income as reported | $ | 34,394,000 | |||||||||
| Basic EPS: Income available to common shareholders | 34,394,000 | 11,088,831 | $ | 3.10 | |||||||
| Effect of dilutive securities: restricted stock | 115,736 | ||||||||||
| Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 34,394,000 | 11,204,567 | $ | 3.07 | ||||||
For the year ended December 31, 2024 | |||||||||||
| Net income as reported | $ | 27,045,000 | |||||||||
| Basic EPS: Income available to common shareholders | 27,045,000 | 11,051,829 | $ | 2.45 | |||||||
| Effect of dilutive securities: restricted stock | 87,006 | ||||||||||
| Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 27,045,000 | 11,138,835 | $ | 2.43 | ||||||
For the year ended December 31, 2023 | |||||||||||
| Net income as reported | $ | 29,518,000 | |||||||||
| Basic EPS: Income available to common shareholders | 29,518,000 | 10,998,041 | $ | 2.68 | |||||||
| Effect of dilutive securities: restricted stock | 83,847 | ||||||||||
| Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 29,518,000 | 11,081,888 | $ | 2.66 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 6, 2026 | Showing above |
| 2024 | Mar 7, 2025 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.