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

First Bancorp's Operating Expenses history runs 14 years deep, the most recent figure standing at $60.2 million for Q1 2026.

• Quarterly Operating Expenses rose 3.98% year-over-year to $60.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $241.6 million (up 3.12% YoY) and the FY2025 annual result came in at $239.3 million, up 1.57% from the prior year.
• Operating Expenses was $60.2 million for Q1 2026 at First Bancorp, down from $62.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $74.2 million in Q1 2023 and bottomed at $45.7 million in Q4 2022.
• A 5-year average of $57.9 million and a median of $59.0 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses retreated 27.29% — and 2023, when it soared 44.13%.
• First Bancorp's Operating Expenses stood at $45.7 million in 2022, then gained by 23.5% to $56.4 million in 2023, then increased by 3.36% to $58.3 million in 2024, then increased by 6.77% to $62.2 million in 2025, then fell by 3.22% to $60.2 million in 2026.
• Business Quant data shows FBNC's Operating Expenses at $60.2 million in Q1 2026, $62.2 million in Q4 2025, and $60.2 million in Q3 2025.