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

First Bancorp has reported Operating Leases for 6 years, with the latest figure at $17.3 million in Q1 2024.

• For the quarter ending Q1 2024, Operating Leases fell 11.52% year-over-year to $17.3 million; the trailing twelve-month figure through Mar 2024 stood at $17.3 million (down 11.52% YoY), and the FY2023 full-year result was $17.8 million, down 8.08% from the prior year.
• Operating Leases for Q1 2024 stood at $17.3 million, down from $17.8 million in the prior quarter.
• The five-year high for Operating Leases was $21.2 million in Q4 2021, with the low at $16.9 million in Q2 2021.
• Historically, Operating Leases has averaged $18.9 million across 5 years, with a median of $19.1 million in 2020.
• Annual changes were most pronounced in 2021 — Operating Leases retreated 11.55% — and 2022, when it increased 20.13%.
• First Bancorp's Operating Leases stood at $17.9 million in 2020, then advanced by 18.39% 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 slipped by 2.75% 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.