First Bancorp (FBNC) Tax Rate (2010 - 2026)

First Bancorp has reported Tax Rate for 14 years, with the latest figure at 20.91% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 126.0% year-over-year to 20.91%; the trailing twelve-month figure through Mar 2026 stood at 20.05% (down 273.0% YoY), and the FY2025 full-year result was 20.4%, down 193.0% from the prior year.
• Tax Rate for Q1 2026 stood at 20.91%, up from 7.27% in the prior quarter.
• The five-year high for Tax Rate was 48.37% in Q4 2024, with the low at 7.27% in Q4 2025.
• Historically, Tax Rate has averaged 21.76% across 5 years, with a median of 21.1% in 2023.
• Annual changes were most pronounced in 2024 — Tax Rate soared 2710 bps — and 2025, when it tumbled 4110 bps.
• First Bancorp's Tax Rate stood at 20.38% in 2022, then climbed by 4 bps to 21.27% in 2023, then soared by 127 bps to 48.37% in 2024, then slumped by 85 bps to 7.27% in 2025, then soared by 188 bps to 20.91% in 2026.
• The last three Tax Rate figures came in at 20.91% (Q1 2026), 7.27% (Q4 2025), and 21.55% (Q3 2025), per Business Quant data.