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| Date | Value |
|---|---|
| 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 |