First Bancorp (FBNC) Tax Provisions (2010 - 2026)
First Bancorp (FBNC) posted Tax Provisions of $12.3 million for Q1 2026, up 901.14% on a QoQ basis from $1.2 million in Q4 2025, and up 18.94% year-over-year from $10.4 million in Q1 2025.
First Bancorp (FBNC) Tax Provisions (2010 - 2026) Analysis & Trends
First Bancorp's Tax Provisions history runs 14 years deep, the most recent figure standing at $12.3 million for Q1 2026.
- Quarterly Tax Provisions rose 18.94% year-over-year to $12.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.4 million (up 18.07% YoY) and the FY2025 annual result came in at $28.5 million, up 29.91% from the prior year.
- Tax Provisions was $12.3 million for Q1 2026 at First Bancorp, up from $1.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $12.3 million in Q1 2026 and bottomed at $1.2 million in Q4 2025.
- A 5-year average of $7.6 million and a median of $8.0 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 358.1% — and 2025, when it plunged 62.97%.
- First Bancorp's Tax Provisions stood at $9.8 million in 2022, then decreased by 18.54% to $8.0 million in 2023, then tumbled by 58.5% to $3.3 million in 2024, then plunged by 62.97% to $1.2 million in 2025, then soared by 901.14% to $12.3 million in 2026.
- Business Quant data shows FBNC's Tax Provisions at $12.3 million in Q1 2026, $1.2 million in Q4 2025, and $5.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | First Bancorp | 2.62 Bn | 2.02 Bn | - | 12.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.33 Mn |
| Dec 31, 2025 | 1.23 Mn |
| Sep 30, 2025 | 5.59 Mn |
| Jun 30, 2025 | 11.26 Mn |
| Mar 31, 2025 | 10.37 Mn |
| Dec 31, 2024 | 3.33 Mn |
| Sep 30, 2024 | 3.89 Mn |
| Jun 30, 2024 | 8.17 Mn |
| Mar 31, 2024 | 6.51 Mn |
| Dec 31, 2023 | 8.02 Mn |
| Sep 30, 2023 | 7.76 Mn |
| Jun 30, 2023 | 7.86 Mn |
| Mar 31, 2023 | 4.18 Mn |
| Dec 31, 2022 | 9.84 Mn |
| Sep 30, 2022 | 10.20 Mn |
| Jun 30, 2022 | 9.55 Mn |
| Mar 31, 2022 | 8.70 Mn |
| Dec 31, 2021 | 2.15 Mn |
| Sep 30, 2021 | 6.96 Mn |
| Jun 30, 2021 | 7.92 Mn |