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

First Bancorp has reported Operating Expenses for 14 years, with the latest figure 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.
• The five-year high for Operating Expenses was $74.2 million in Q1 2023, with the low at $45.7 million in Q4 2022.
• Historically, Operating Expenses has averaged $57.9 million across 5 years, with a median of $59.0 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Expenses dropped 27.29% — and 2023, when it soared 44.13%.
• First Bancorp's Operating Expenses stood at $45.7 million in 2022, then increased by 23.5% to $56.4 million in 2023, then climbed by 3.36% to $58.3 million in 2024, then climbed by 6.77% to $62.2 million in 2025, then dropped 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.