First Bancorp (FBNC) Interest Expense - Debt (2011 - 2026)

First Bancorp (FBNC) reported Interest Expense - Debt of $1.2 million for Q1 2026, down 25.93% on a YoY basis from $1.7 million in Q1 2025, and down 16.8% quarter-over-quarter from $1.5 million in Q4 2025.

First Bancorp (FBNC) Interest Expense - Debt (2011 - 2026) Analysis & Trends

First Bancorp has reported Interest Expense - Debt for 13 years, with the latest figure at $1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expense - Debt fell 25.93% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $6.0 million (down 27.53% YoY), and the FY2025 full-year result was $6.5 million, down 56.52% from the prior year.
  • Interest Expense - Debt for Q1 2026 stood at $1.2 million, down from $1.5 million in the prior quarter.
  • The five-year high for Interest Expense - Debt was $8.2 million in Q1 2024, with the low at $460000.0 in Q1 2022.
  • Historically, Interest Expense - Debt has averaged $3.2 million across 5 years, with a median of $1.8 million in 2024.
  • Annual changes were most pronounced in 2023 — Interest Expense - Debt soared 1154.35% — and 2025, when it slumped 79.79%.
  • First Bancorp's Interest Expense - Debt stood at $2.6 million in 2022, then surged by 212.64% to $8.1 million in 2023, then slumped by 78.2% to $1.8 million in 2024, then retreated by 16.52% to $1.5 million in 2025, then decreased by 16.8% to $1.2 million in 2026.
  • The last three Interest Expense - Debt figures came in at $1.2 million (Q1 2026), $1.5 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 277,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - 32.51 Bn
10 First Bancorp 2.54 Bn 1.95 Bn - 1.23 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 381,000.00