Current
Maine US Senator Susan Collins has served in the US Senate from 1997 to now.
And
current Maine US Senator Angus King has served in the US Senate from 2013 to
now.
From
a review of SEC filings, there are 6 Maine headquartered Companies with stock
market caps above $100 mil recently which have filed their annual audited
financial statements consecutively from Fiscal Year End (FYE) 2000 through FYE
2017. FYE 2000 was the oldest financial
statements which were filed for all 6 Maine Companies with the SEC.
Nearly
all Republicans, a high percentage of Independents and even many perceptive
Democrats all agree as a starting point that for US capitalism to work
properly, Companies must generate in the aggregate reasonably healthy profits.
And
did these Maine Companies ever post healthy profits while Susan Collins and
Angus King have served in the US Senate.
These
6 Maine Companies generated Audited US GAAP Total Pretax Earnings of $714 Mil
in FYE 2017, up 467% from that in 2000 of $126 Mil.
From
a review of SEC filings, the chart below shows the Audited Gold-Standard US
GAAP Pretax Income (Loss) From Continuing Operations for annual years 2017,
2012 and 2000 for these 6 Maine Companies.
Year | Year | Year | ||||
2017 | 2012 | 2000 | ||||
Audited | Audited | Audited | ||||
Pretax | Pretax | Pretax | ||||
Income | Income | Income | ||||
Most | (Loss) | (Loss) | (Loss) | |||
Recent | From | From | From | |||
Maine Companies | City | State | 2017 | Continuing | Continuing | Continuing |
Stock Market Caps Above $ 100 Mil | HQs | HQs | FYE | Operations | Operations | Operations |
$ mils | $ mils | $ mils | ||||
Idexx Labs | Westbrook | ME | Dec 17 | 381 | 261 | 58 |
WEX Inc | South Portland | ME | Dec 17 | 179 | 206 | 29 |
Camden National | Camden | ME | Dec 17 | 62 | 34 | 20 |
Bar Harbor Bankshares | Bar Harbor | ME | Dec 17 | 43 | 17 | 7 |
First Bancorp | Damariscotta | ME | Dec 17 | 26 | 16 | 7 |
Northeast Bancorp | Lewiston | ME | Jun 18 | 23 | 6 | 5 |
Total all 6 Maine Companies | 714 | 540 | 126 | |||
Pretax Income % Increase 2012 to 2017 | 32% | |||||
Pretax Income % Increase 2000 to 2017 | 467% |