First Bancorp (FBNC) Depreciation Expense (2010 - 2024)

First Bancorp (FBNC) has 12 years of Depreciation Expense data on file, last reported at $1.9 million in Q1 2024.

• For the quarter ending Q1 2024, Depreciation Expense rose 39.59% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2024 stood at $6.6 million (up 11.73% YoY), and the FY2023 full-year result was $6.0 million, up 3.77% from the prior year.
• Depreciation Expense for Q1 2024 stood at $1.9 million, up from $1.6 million in the prior quarter.
• Across five years, Depreciation Expense topped out at $1.9 million in Q1 2024 and bottomed at $1.0 million in Q2 2020.
• The 5-year median for Depreciation Expense is $1.3 million (2022), against an average of $1.3 million.
• The widest annual swing landed in 2020, when Depreciation Expense slipped 16.36%; it then soared 48.62% in 2022.
• A 5-year view of Depreciation Expense shows it stood at $1.1 million in 2020, then increased by 18.49% to $1.3 million in 2021, then grew by 3.86% to $1.3 million in 2022, then climbed by 23.6% to $1.6 million in 2023, then gained by 18.17% to $1.9 million in 2024.
• The last three Depreciation Expense figures came in at $1.9 million (Q1 2024), $1.6 million (Q4 2023), and $1.6 million (Q3 2023), per Business Quant data.

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