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First Bancorp (FBP) Capital Expenditures: 2016-2022

Historic Capital Expenditures for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $5.0 million.

  • First Bancorp's Capital Expenditures rose 95.52% to $5.0 million in Q4 2022 from the same period last year, while for Dec 2022 it was $20.5 million, marking a year-over-year increase of 53.26%. This contributed to the annual value of $10.0 million for FY2024, which is 55.71% down from last year.
  • Per First Bancorp's latest filing, its Capital Expenditures stood at $5.0 million for Q4 2022, which was up 39.32% from $3.6 million recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Capital Expenditures registered a high of $6.8 million during Q3 2019, and its lowest value of $2.6 million during Q4 2021.
  • Its 3-year average for Capital Expenditures is $4.2 million, with a median of $4.3 million in 2020.
  • Per our database at Business Quant, First Bancorp's Capital Expenditures spiked by 148.63% in 2018 and then crashed by 57.94% in 2020.
  • First Bancorp's Capital Expenditures (Quarterly) stood at $4.4 million in 2018, then rose by 21.34% to $5.3 million in 2019, then declined by 10.89% to $4.8 million in 2020, then slumped by 46.01% to $2.6 million in 2021, then soared by 95.52% to $5.0 million in 2022.
  • Its last three reported values are $5.0 million in Q4 2022, $3.6 million for Q3 2022, and $5.1 million during Q2 2022.