First Bancorp (FBNC) Deferred Taxes (2020 - 2026)

First Bancorp (FBNC) posted Deferred Taxes of -$3.3 million for Q1 2026, up 86.49% on a QoQ basis from -$24.1 million in Q4 2025, and down 59.04% year-over-year from -$7.9 million in Q1 2025.

First Bancorp (FBNC) Deferred Taxes (2020 - 2026) Analysis & Trends

First Bancorp's Deferred Taxes history runs 7 years deep, the most recent figure standing at -$3.3 million for 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 was -$3.3 million for Q1 2026 at First Bancorp, up from -$24.1 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $26.8 million in Q3 2022 and bottomed at -$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 plunged 2448.04%.
  • First Bancorp's Deferred Taxes stood at $1.3 million in 2022, then slumped by 252.94% to -$2.1 million in 2023, then surged by 54.06% to -$945000.0 in 2024, then plunged by 2448.04% to -$24.1 million in 2025, then soared by 86.49% to -$3.3 million in 2026.
  • Business Quant data shows FBNC's Deferred Taxes at -$3.3 million in Q1 2026, -$24.1 million in Q4 2025, and -$5.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -424,226.09
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 17.42 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 346,782.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 671,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -162,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -102.00 Mn
10 First Bancorp 2.62 Bn 2.02 Bn - -3.25 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -4.55 Mn