First Bancorp (FBNC) Deferred Taxes (2020 - 2026)
First Bancorp's (FBNC) quarterly Deferred Taxes came in at -$3.3 million in Q1 2026, down 59.04% YoY from -$7.9 million in Q1 2025, and up 86.49% on a QoQ basis from -$24.1 million in Q4 2025.
First Bancorp (FBNC) Deferred Taxes (2020 - 2026) Analysis & Trends
First Bancorp (FBNC) has 7 years of Deferred Taxes data on file, last reported at -$3.3 million in Q1 2026.
- Quarterly Deferred Taxes fell 59.04% year-over-year to -$3.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$32.1 million (down 1414.44% YoY) and the FY2025 annual result came in at -$30.9 million, down 734.98% from the prior year.
- Deferred Taxes advanced to -$3.3 million in Q1 2026, from -$24.1 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $26.8 million in Q3 2022 to a low of -$25.2 million in Q2 2022.
- A 5-year average of -$1.6 million and a median of $379000.0 in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 1340400.0% — and 2025, when it sank 2448.04%.
- Tracing FBNC's Deferred Taxes over 5 years: stood at $1.3 million in 2022, then plunged by 252.94% to -$2.1 million in 2023, then soared by 54.06% to -$945000.0 in 2024, then slumped by 2448.04% to -$24.1 million in 2025, then jumped by 86.49% to -$3.3 million in 2026.
- The last three Deferred Taxes figures came in at -$3.3 million (Q1 2026), -$24.1 million (Q4 2025), and -$5.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Bancorp | 2.67 Bn | 2.12 Bn | - | -8.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.74 Mn |
| Mar 31, 2026 | -3.25 Mn |
| Dec 31, 2025 | -24.08 Mn |
| Sep 30, 2025 | -5.18 Mn |
| Jun 30, 2025 | 392,000.00 |
| Mar 31, 2025 | -2.05 Mn |
| Dec 31, 2024 | -945,000.00 |
| Sep 30, 2024 | 4.46 Mn |
| Jun 30, 2024 | 979,000.00 |
| Mar 31, 2024 | 379,000.00 |
| Dec 31, 2023 | -2.06 Mn |
| Sep 30, 2023 | 515,000.00 |
| Jun 30, 2023 | 611,000.00 |
| Mar 31, 2023 | 1.71 Mn |
| Dec 31, 2022 | 1.35 Mn |
| Sep 30, 2022 | 26.81 Mn |
| Jun 30, 2022 | -25.18 Mn |
| Mar 31, 2022 | -1.16 Mn |
| Dec 31, 2021 | -4.84 Mn |
| Sep 30, 2021 | -2,000.00 |