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First Bancorp (FBP) Accumulated Expenses (2017 - 2022)

First Bancorp (FBP) has disclosed Accumulated Expenses for 6 consecutive years, with $223.4 million as the latest value for Q3 2022.

  • Quarterly Accumulated Expenses fell 17.2% to $223.4 million in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $223.4 million through Sep 2022, down 17.2% year-over-year, with the annual reading at $214.9 million for FY2021, 22.37% down from the prior year.
  • Accumulated Expenses for Q3 2022 was $223.4 million at First Bancorp, down from $249.8 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $291.3 million in Q2 2021, with the low at $129.9 million in Q4 2018.
  • Average Accumulated Expenses over 5 years is $215.4 million, with a median of $214.9 million recorded in 2021.
  • The sharpest move saw Accumulated Expenses surged 53.23% in 2020, then fell 22.37% in 2021.
  • Over 5 years, Accumulated Expenses stood at $129.9 million in 2018, then soared by 39.03% to $180.6 million in 2019, then skyrocketed by 53.23% to $276.7 million in 2020, then dropped by 22.37% to $214.9 million in 2021, then increased by 3.96% to $223.4 million in 2022.
  • According to Business Quant data, Accumulated Expenses over the past three periods came in at $223.4 million, $249.8 million, and $228.8 million for Q3 2022, Q2 2022, and Q1 2022 respectively.