Also from a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 4 Banks headquartered in the US State of Maine with Stock Market Capitalizations either very late in 2016 or very early in 2017 of between $100 Mil and $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.
Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 6 Maine Companies for all of the fiscal years from 2007 through 2016:
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |||
Recent | Net | Net | Net | Net | Net | Net | Net | Net | Net | Net | |||
Maine Companies | City | State | 2016 | Income | Income | Income | Income | Income | Income | Income | Income | Income | Income |
Market Caps Above $100 Mil | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Non-Banks | |||||||||||||
IDEXX Laboratories | Westbrook | ME | Dec16 | 222 | 192 | 182 | 188 | 178 | 162 | 141 | 122 | 116 | 94 |
WEX Inc | South Portland | ME | Dec16 | 57 | 110 | 200 | 148 | 97 | 134 | 88 | 140 | 128 | 52 |
Total all 2 Non-Banks | 279 | 146 | |||||||||||
…2016 Total Earnings % Increase Over 2007 | 91% | ||||||||||||
Banks | |||||||||||||
Camden National Corp | Camden | ME | Dec16 | 40 | 21 | 25 | 23 | 23 | 26 | 25 | 23 | 15 | 20 |
First Bancorp Inc | Damariscotta | ME | Dec16 | 18 | 16 | 15 | 13 | 13 | 12 | 12 | 13 | 14 | 13 |
Bar Harbor Bankshares | Bar Harbor | ME | Dec16 | 15 | 15 | 15 | 13 | 12 | 11 | 11 | 10 | 8 | 7 |
Northeast Bancorp | Lewiston | ME | Jun16 | 8 | 7 | 3 | 4 | 1 | 14 | 2 | 1 | 2 | 2 |
Total all 4 Banks | 81 | 42 | |||||||||||
…2016 Total Earnings % Increase Over 2007 | 93% |
The truly remarkable thing is that 5 of these 6 Maine Companies have incredibly consistent earnings increases in pretty much each year from 2007 to 2016.