First Bancorp (FBNC) Operating Leases (2019 - 2024)
First Bancorp's (FBNC) quarterly Operating Leases came in at $17.3 million in Q1 2024, down 11.91% YoY from $19.6 million in Q2 2023, and down 2.99% on a QoQ basis from $17.8 million in Q4 2023.
First Bancorp (FBNC) Operating Leases (2019 - 2024) Analysis & Trends
First Bancorp (FBNC) has 6 years of Operating Leases data on file, last reported at $17.3 million in Q1 2024.
- Quarterly Operating Leases fell 11.91% year-over-year to $17.3 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $17.3 million (down 11.91% YoY) and the FY2023 annual result came in at $17.8 million, down 8.08% from the prior year.
- Operating Leases eased to $17.3 million in Q1 2024, from $17.8 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $21.2 million in Q4 2021 to a low of $16.9 million in Q2 2021.
- A 5-year average of $18.9 million and a median of $19.1 million in 2020 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases advanced 20.45% — and 2024, when it retreated 11.91%.
- Tracing FBNC's Operating Leases over 5 years: stood at $17.9 million in 2020, then grew by 18.6% to $21.2 million in 2021, then declined by 8.46% to $19.4 million in 2022, then dropped by 8.08% to $17.8 million in 2023, then retreated by 2.99% to $17.3 million in 2024.
- The last three Operating Leases figures came in at $17.3 million (Q1 2024), $17.8 million (Q4 2023), and $18.3 million (Q3 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | First Bancorp | 2.67 Bn | 2.12 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 17.30 Mn |
| Dec 31, 2023 | 17.83 Mn |
| Sep 30, 2023 | 18.30 Mn |
| Jun 30, 2023 | 19.11 Mn |
| Mar 31, 2023 | 19.64 Mn |
| Dec 31, 2022 | 19.40 Mn |
| Sep 30, 2022 | 19.80 Mn |
| Jun 30, 2022 | 20.30 Mn |
| Mar 31, 2022 | 20.90 Mn |
| Dec 31, 2021 | 21.19 Mn |
| Sep 30, 2021 | 17.32 Mn |
| Jun 30, 2021 | 16.89 Mn |
| Mar 31, 2021 | 17.35 Mn |
| Dec 31, 2020 | 17.87 Mn |
| Sep 30, 2020 | 18.72 Mn |
| Jun 30, 2020 | 19.11 Mn |
| Mar 31, 2020 | 19.58 Mn |
| Dec 31, 2019 | 19.86 Mn |