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First Bancorp (FBP) Construction in Progress (2016 - 2021)

First Bancorp (FBP) has disclosed Construction in Progress for 6 consecutive years, with $8.1 million as the latest value for Q4 2021.

  • Quarterly Construction in Progress rose 5.71% to $8.1 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $8.1 million through Dec 2021, up 5.71% year-over-year, with the annual reading at $8.1 million for FY2021, 5.71% up from the prior year.
  • Construction in Progress for Q4 2021 was $8.1 million at First Bancorp, up from $7.7 million in the prior quarter.
  • The five-year high for Construction in Progress was $17.5 million in Q4 2018, with the low at $7.7 million in Q4 2020.
  • Average Construction in Progress over 5 years is $12.1 million, with a median of $10.3 million recorded in 2017.
  • The sharpest move saw Construction in Progress skyrocketed 69.56% in 2018, then tumbled 55.34% in 2020.
  • Over 5 years, Construction in Progress stood at $10.3 million in 2017, then surged by 69.56% to $17.5 million in 2018, then decreased by 1.94% to $17.1 million in 2019, then crashed by 55.34% to $7.7 million in 2020, then increased by 5.71% to $8.1 million in 2021.
  • According to Business Quant data, Construction in Progress over the past three periods came in at $8.1 million, $7.7 million, and $17.1 million for Q4 2021, Q4 2020, and Q4 2019 respectively.