First Bancorp (FBNC) Interest Expense - Debt (2011 - 2026)
First Bancorp (FBNC) recorded Interest Expense - Debt of $1.24 million in Q2 2026, down 25.5% from $1.66 million a year earlier but up 0.7% from the prior quarter.
First Bancorp (FBNC) Interest Expense - Debt (2011 - 2026) Analysis & Trends
On a TTM basis, First Bancorp's Interest Expense - Debt came in at $5.62 million as of Jun 30, 2026, down 20.1% year-over-year; for FY2025, it was $6.47 million, down 56.5% from FY2024.
- Annual Interest Expense - Debt has a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Debt came in at $14.88 million in FY2024 (-45.4%), $27.24 million in FY2023 (+472.9%), $4.75 million in FY2022 (+189.5%) and $1.64 million in FY2021 (-49.6%).
- Quarterly Interest Expense - Debt has ranged from $375,000 in Q3 2021 to $8.21 million in Q1 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Debt has declined for nine consecutive quarters, with an average decline of 44.2% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Debt in the last five years was growth of 487.4% in Q3 2023, against a decline of 79.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.23 million (Q1 2026), $1.48 million (Q4 2025) and $1.68 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | First Bancorp | 2.53 Bn | 2.53 Bn | - | 1.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Mn |
| Mar 31, 2026 | 1.23 Mn |
| Dec 31, 2025 | 1.48 Mn |
| Sep 30, 2025 | 1.68 Mn |
| Jun 30, 2025 | 1.66 Mn |
| Mar 31, 2025 | 1.66 Mn |
| Dec 31, 2024 | 1.77 Mn |
| Sep 30, 2024 | 1.95 Mn |
| Jun 30, 2024 | 2.96 Mn |
| Mar 31, 2024 | 8.21 Mn |
| Dec 31, 2023 | 8.11 Mn |
| Sep 30, 2023 | 6.51 Mn |
| Jun 30, 2023 | 6.85 Mn |
| Mar 31, 2023 | 5.77 Mn |
| Dec 31, 2022 | 2.59 Mn |
| Sep 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 592,000.00 |
| Mar 31, 2022 | 460,000.00 |
| Dec 31, 2021 | 503,000.00 |
| Sep 30, 2021 | 375,000.00 |
First Bancorp Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=FBNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "FBNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=FBNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();