First Bancorp (FBNC) Operating Expenses (2010 - 2026)
First Bancorp's (FBNC) quarterly Operating Expenses came in at $60.2 million in Q1 2026, up 3.98% YoY from $57.9 million in Q1 2025, and down 3.22% on a QoQ basis from $62.2 million in Q4 2025.
First Bancorp (FBNC) Operating Expenses (2010 - 2026) Analysis & Trends
First Bancorp (FBNC) has 14 years of Operating Expenses data on file, last reported at $60.2 million in 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 slipped to $60.2 million in Q1 2026, from $62.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $74.2 million in Q1 2023 to a low of $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 dropped 27.29% — and 2023, when it soared 44.13%.
- Tracing FBNC's Operating Expenses over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.94 Bn | 84.74 Bn | - | - |
| 2 | Pnc Financial Services | 97.79 Bn | 97.79 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 95.96 Bn | 95.96 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.90 Bn | -144.19 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.17 Bn | -81.15 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 71.53 Bn | 57.84 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.60 Bn | 25.88 Bn | - | 2.11 Bn |
| 10 | First Bancorp | 2.65 Bn | 2.10 Bn | - | 62.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.76 Mn |
| Mar 31, 2026 | 60.22 Mn |
| Dec 31, 2025 | 62.22 Mn |
| Sep 30, 2025 | 60.21 Mn |
| Jun 30, 2025 | 58.98 Mn |
| Mar 31, 2025 | 57.91 Mn |
| Dec 31, 2024 | 58.28 Mn |
| Sep 30, 2024 | 59.85 Mn |
| Jun 30, 2024 | 58.29 Mn |
| Mar 31, 2024 | 59.19 Mn |
| Dec 31, 2023 | 56.39 Mn |
| Sep 30, 2023 | 62.22 Mn |
| Jun 30, 2023 | 61.59 Mn |
| Mar 31, 2023 | 74.18 Mn |
| Dec 31, 2022 | 45.66 Mn |
| Sep 30, 2022 | 48.70 Mn |
| Jun 30, 2022 | 49.40 Mn |
| Mar 31, 2022 | 51.47 Mn |
| Dec 31, 2021 | 62.79 Mn |
| Sep 30, 2021 | 40.82 Mn |