First Bancorp (FBNC) Interest Expenses (2010 - 2026)

First Bancorp has reported Interest Expenses for 14 years, with the latest figure at $35.3 million in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses fell 11.32% year-over-year to $35.3 million; the trailing twelve-month figure through Mar 2026 stood at $154.5 million (down 13.89% YoY), and the FY2025 full-year result was $159.0 million, down 14.96% from the prior year.
• Interest Expenses for Q1 2026 stood at $35.3 million, down from $37.4 million in the prior quarter.
• The five-year high for Interest Expenses was $48.4 million in Q3 2024, with the low at $2.2 million in Q2 2022.
• Historically, Interest Expenses has averaged $31.7 million across 5 years, with a median of $39.1 million in 2023.
• Annual changes were most pronounced in 2022 — Interest Expenses dropped 19.49% — and 2023, when it jumped 1469.87%.
• First Bancorp's Interest Expenses stood at $8.7 million in 2022, then jumped by 404.51% to $44.1 million in 2023, then declined by 1.21% to $43.6 million in 2024, then decreased by 14.05% to $37.4 million in 2025, then dropped by 5.77% to $35.3 million in 2026.
• The last three Interest Expenses figures came in at $35.3 million (Q1 2026), $37.4 million (Q4 2025), and $41.7 million (Q3 2025), per Business Quant data.