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

First Bancorp (FBNC) has 14 years of Operating Expenses data on file, last reported at $60.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 3.98% year-over-year to $60.2 million; the trailing twelve-month figure through Mar 2026 stood at $241.6 million (up 3.12% YoY), and the FY2025 full-year result was $239.3 million, up 1.57% from the prior year.
• Operating Expenses for Q1 2026 stood at $60.2 million, 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.
• The 5-year median for Operating Expenses is $59.0 million (2025), against an average of $57.9 million.
• The widest annual swing landed in 2022, when Operating Expenses dropped 27.29%; it then soared 44.13% in 2023.
• A 5-year view of Operating Expenses shows it stood at $45.7 million in 2022, then rose by 23.5% to $56.4 million in 2023, then grew by 3.36% to $58.3 million in 2024, then grew by 6.77% to $62.2 million in 2025, then declined by 3.22% to $60.2 million in 2026.
• The last three Operating Expenses figures came in at $60.2 million (Q1 2026), $62.2 million (Q4 2025), and $60.2 million (Q3 2025), per Business Quant data.

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