First Bancorp (FBP) Construction in Progress (2011 - 2022)

First Bancorp (FBP) has 12 years of Construction in Progress data on file, last reported at $14.9 million in Q4 2022.

• On a quarterly basis, Construction in Progress rose 84.5% year-over-year to $14.9 million in Q4 2022; TTM through Dec 2022 was $14.9 million, a 84.5% increase from a year earlier, with the FY2022 full-year figure at $14.9 million, up 84.5% from the prior year.
• Construction in Progress for Q4 2022 stood at $14.9 million, up from $8.1 million in the prior quarter.
• Over the last five years, Construction in Progress for FBP reached as high as $17.5 million in Q4 2018 and fell as low as $7.7 million in Q4 2020.
• Historically, Construction in Progress has averaged $13.1 million across 5 years, with a median of $14.9 million in 2022.
• Across the five-year window, Construction in Progress slumped 55.34% in 2020 and jumped 84.5% in 2022, its largest moves.
• Year by year, Construction in Progress stood at $17.5 million in 2018, then fell by 1.94% to $17.1 million in 2019, then slumped by 55.34% to $7.7 million in 2020, then climbed by 5.71% to $8.1 million in 2021, then soared by 84.5% to $14.9 million in 2022.
• Per Business Quant data, the three most recent Construction in Progress figures were $14.9 million in Q4 2022, $8.1 million in Q4 2021, and $7.7 million in Q4 2020.