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First Bancorp (FBP) Beginning Cash Balance: 2016-2022

Historic Beginning Cash Balance for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $74.5 million.

  • First Bancorp's Beginning Cash Balance fell 35.30% to $74.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $2.1 billion, marking a year-over-year increase of 296.58%. This contributed to the annual value of -$496.3 million for FY2024, which is 171.68% down from last year.
  • Per First Bancorp's latest filing, its Beginning Cash Balance stood at $74.5 million for Q4 2022, which was down 89.49% from $708.5 million recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Beginning Cash Balance ranged from a high of $975.7 million in Q4 2020 and a low of -$1.3 billion during Q2 2021.
  • In the last 3 years, First Bancorp's Beginning Cash Balance had a median value of $94.8 million in 2021 and averaged $13.6 million.
  • Its Beginning Cash Balance has fluctuated over the past 5 years, first plummeted by 13,055.87% in 2020, then spiked by 3,580.37% in 2022.
  • Over the past 5 years, First Bancorp's Beginning Cash Balance (Quarterly) stood at $70.6 million in 2018, then soared by 370.23% to $331.8 million in 2019, then soared by 194.02% to $975.7 million in 2020, then plummeted by 88.20% to $115.1 million in 2021, then tumbled by 35.30% to $74.5 million in 2022.
  • Its Beginning Cash Balance stands at $74.5 million for Q4 2022, versus $708.5 million for Q3 2022 and $432.7 million for Q2 2022.