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First Bancorp (FBP) Beginning Cash Balance: 2009-2024

Historic Beginning Cash Balance for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to -$496.3 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.
  • As of FY2024, First Bancorp's Beginning Cash Balance stood at -$496.3 million, which was down 171.68% from -$182.7 million recorded in FY2023.
  • In the past 5 years, First Bancorp's Beginning Cash Balance registered a high of $2.1 billion during FY2022, and its lowest value of -$1.0 billion during FY2021.
  • Moreover, its 3-year median value for Beginning Cash Balance was -$182.7 million (2023), whereas its average is $461.2 million.
  • Per our database at Business Quant, First Bancorp's Beginning Cash Balance plummeted by 1,367.69% in 2020 and then skyrocketed by 296.58% in 2022.
  • Over the past 5 years, First Bancorp's Beginning Cash Balance (Yearly) stood at -$849.7 million in 2020, then dropped by 23.48% to -$1.0 billion in 2021, then surged by 296.58% to $2.1 billion in 2022, then slumped by 108.86% to -$182.7 million in 2023, then crashed by 171.68% to -$496.3 million in 2024.