First Bancorp (FBNC) Restructuring Costs (2011 - 2023)

First Bancorp has reported Restructuring Costs for 6 years, with the latest figure at $189000.0 in Q4 2023.

• For the quarter ending Q4 2023, Restructuring Costs fell 37.62% year-over-year to $189000.0; the trailing twelve-month figure through Sep 2024 stood at $189000.0 (down 98.63% YoY), and the FY2023 full-year result was $13.7 million, up 170.01% from the prior year.
• Restructuring Costs for Q4 2023 stood at $189000.0, down from $1.3 million in the prior quarter.
• The five-year high for Restructuring Costs was $16.2 million in Q4 2021, with the low at -$21000.0 in Q4 2019.
• Historically, Restructuring Costs has averaged $2.8 million across 4 years, with a median of $411000.0 in 2021.
• Annual changes were most pronounced in 2022 — Restructuring Costs tumbled 98.13% — and 2023, when it soared 249.66%.
• First Bancorp's Restructuring Costs stood at -$21000.0 in 2019, then soared by 77147.62% to $16.2 million in 2021, then plunged by 98.13% to $303000.0 in 2022, then plunged by 37.62% to $189000.0 in 2023.
• The last three Restructuring Costs figures came in at $189000.0 (Q4 2023), $1.3 million (Q2 2023), and $12.2 million (Q1 2023), per Business Quant data.