First Bancorp (FBNC) Provisions (2010 - 2026)

First Bancorp (FBNC) reported Provisions of $2.6 million for Q1 2026, up 128.58% on a YoY basis from $1.1 million in Q1 2025, and down 46.09% quarter-over-quarter from $4.7 million in Q4 2025.

First Bancorp (FBNC) Provisions (2010 - 2026) Analysis & Trends

First Bancorp has reported Provisions for 14 years, with the latest figure at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Provisions rose 128.58% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $12.9 million (down 14.78% YoY), and the FY2025 full-year result was $11.5 million, down 30.07% from the prior year.
  • Provisions for Q1 2026 stood at $2.6 million, down from $4.7 million in the prior quarter.
  • The five-year high for Provisions was $14.2 million in Q3 2024, with the low at -$1.6 million in Q4 2024.
  • Historically, Provisions has averaged $4.0 million across 5 years, with a median of $2.6 million in 2026.
  • Annual changes were most pronounced in 2022 — Provisions jumped 1638.46% — and 2024, when it tumbled 153.75%.
  • First Bancorp's Provisions stood at $5.0 million in 2022, then sank by 41.02% to $2.9 million in 2023, then sank by 153.75% to -$1.6 million in 2024, then surged by 398.55% to $4.7 million in 2025, then sank by 46.09% to $2.6 million in 2026.
  • The last three Provisions figures came in at $2.6 million (Q1 2026), $4.7 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Provisions (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 350,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 500,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 First Bancorp 2.54 Bn 1.95 Bn - 2.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.55 Mn
Dec 31, 2025 4.73 Mn
Sep 30, 2025 3.44 Mn
Jun 30, 2025 2.21 Mn
Mar 31, 2025 1.12 Mn
Dec 31, 2024 -1.59 Mn
Sep 30, 2024 14.20 Mn
Jun 30, 2024 1.45 Mn
Mar 31, 2024 1.80 Mn
Dec 31, 2023 2.95 Mn
Jun 30, 2023 2.36 Mn
Mar 31, 2023 12.50 Mn
Dec 31, 2022 5.00 Mn
Sep 30, 2022 5.40 Mn
Mar 31, 2022 2.00 Mn
Dec 31, 2021 15.03 Mn
Sep 30, 2021 -351,000.00
Jun 30, 2021 1.94 Mn
Dec 31, 2020 4.03 Mn
Sep 30, 2020 6.12 Mn