First Bancorp (FBNC) Operating Leases (2019 - 2024)

First Bancorp's Operating Leases history runs 6 years deep, the most recent figure standing at $17.3 million for 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 was $17.3 million for Q1 2024 at First Bancorp, down from $17.8 million in the prior quarter.
• Across five years, Operating Leases topped out at $21.2 million in Q4 2021 and bottomed at $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 increased 20.45% — and 2024, when it dropped 11.91%.
• First Bancorp's Operating Leases stood at $17.9 million in 2020, then rose by 18.6% to $21.2 million in 2021, then retreated by 8.46% to $19.4 million in 2022, then fell by 8.08% to $17.8 million in 2023, then slipped by 2.99% to $17.3 million in 2024.
• Business Quant data shows FBNC's Operating Leases at $17.3 million in Q1 2024, $17.8 million in Q4 2023, and $18.3 million in Q3 2023.