First Bancorp (FBP) Change in Net Loans (2019 - 2022)
First Bancorp (FBP) posted quarterly Change in Net Loans of $48.4 million for Q1 2022, up 148.9% year-over-year from $19.4 million in Q1 2021, and up 203.64% quarter-over-quarter from -$46.7 million in Q4 2021.
First Bancorp (FBP) Change in Net Loans (2019 - 2022) Analysis & Trends
First Bancorp (FBP) has reported Change in Net Loans for 4 consecutive years, with $48.4 million the latest figure, recorded in Q1 2022.
- In Q1 2022, Change in Net Loans rose 148.9% year-over-year to $48.4 million; the TTM figure through Mar 2022 stood at -$451.8 million (down 370.17% YoY), while the FY2021 annual figure was -$599.1 million, down 278.75% from the prior year.
- Change in Net Loans improved to $48.4 million in Q1 2022 per FBP's latest filing, from -$46.7 million in the prior quarter.
- Across five years, Change in Net Loans topped out at $299.4 million in Q2 2020 and bottomed at -$245.6 million in Q2 2021.
- Historically, Change in Net Loans has averaged $9.7 million across 4 years, with a median of $14.4 million in 2020.
- Annual changes were most pronounced in 2021 — Change in Net Loans sank 1539.98% — and 2022, when it surged 148.9%.
- First Bancorp's Change in Net Loans stood at $68.4 million in 2019, then sank by 169.75% to -$47.7 million in 2020, then increased by 2.17% to -$46.7 million in 2021, then soared by 203.64% to $48.4 million in 2022.
- Business Quant data shows FBP's Change in Net Loans at $48.4 million in Q1 2022, -$46.7 million in Q4 2021, and -$207.9 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.72 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 288.00 Mn |
| 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 | - | 1.13 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 |
|---|---|
| Mar 31, 2022 | 48.37 Mn |
| Dec 31, 2021 | -46.67 Mn |
| Sep 30, 2021 | -207.93 Mn |
| Jun 30, 2021 | -245.57 Mn |
| Mar 31, 2021 | -98.93 Mn |
| Dec 31, 2020 | -47.71 Mn |
| Sep 30, 2020 | 14.44 Mn |
| Jun 30, 2020 | 299.42 Mn |
| Mar 31, 2020 | 69.00 Mn |
| Dec 31, 2019 | 68.39 Mn |
| Sep 30, 2019 | -80.53 Mn |
| Jun 30, 2019 | 178.87 Mn |
| Mar 31, 2019 | 175.14 Mn |