First Bancorp (FBP) Asset Writedowns and Impairment (2010 - 2019)
First Bancorp (FBP) posted quarterly Asset Writedowns and Impairment of $497000.0 for Q3 2019, up 894.0% quarter-over-quarter from $50000.0 in Q4 2018.
First Bancorp (FBP) Asset Writedowns and Impairment (2010 - 2019) Analysis & Trends
First Bancorp (FBP) has reported Asset Writedowns and Impairment for 10 consecutive years, with $497000.0 the latest figure, recorded in Q3 2019.
- In Q3 2019, Asset Writedowns and Impairment changed N/A year-over-year to $497000.0; the TTM figure through Dec 2019 stood at $547000.0 (up 994.0% YoY), while the FY2019 annual figure was $497000.0, up 894.0% from the prior year.
- Asset Writedowns and Impairment climbed to $497000.0 in Q3 2019 per FBP's latest filing, from $50000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $12.9 million in Q2 2015 and bottomed at -$13.4 million in Q4 2016.
- Historically, Asset Writedowns and Impairment has averaged $2.4 million across 5 years, with a median of $497000.0 in 2019.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 3938.46% in 2016 and fell as far as 545.8% in 2016.
- First Bancorp's Asset Writedowns and Impairment stood at $3.0 million in 2015, then plunged by 545.8% to -$13.4 million in 2016, then soared by 191.45% to $12.2 million in 2017, then tumbled by 99.59% to $50000.0 in 2018, then jumped by 894.0% to $497000.0 in 2019.
- Business Quant data shows FBP's Asset Writedowns and Impairment at $497000.0 in Q3 2019, $50000.0 in Q4 2018, and $12.2 million in Q1 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | First Bancorp | 4.37 Bn | -15.22 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 497,000.00 |
| Sep 30, 2019 | 497,000.00 |
| Dec 31, 2018 | 50,000.00 |
| Dec 31, 2018 | 50,000.00 |
| Mar 31, 2017 | 12.23 Mn |
| Mar 31, 2017 | 12.23 Mn |
| Dec 31, 2016 | -13.37 Mn |
| Dec 31, 2016 | -13.37 Mn |
| Mar 31, 2016 | 6.30 Mn |
| Mar 31, 2016 | 6.30 Mn |
| Dec 31, 2015 | 3.00 Mn |
| Dec 31, 2015 | 3.00 Mn |
| Sep 30, 2015 | 231,000.00 |
| Sep 30, 2015 | 231,000.00 |
| Jun 30, 2015 | 12.90 Mn |
| Jun 30, 2015 | 12.90 Mn |
| Mar 31, 2015 | 156,000.00 |
| Mar 31, 2015 | 156,000.00 |
| Dec 31, 2014 | 143,000.00 |
| Dec 31, 2014 | 143,000.00 |