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.

• Construction in Progress for Q4 2022 came in at $14.9 million, up 84.5% year-over-year; the trailing twelve-month figure through Dec 2022 was $14.9 million (up 84.5% YoY), and the FY2022 annual result was $14.9 million, up 84.5% from the prior year.
• Construction in Progress grew to $14.9 million in Q4 2022 per FBP's latest filing, from $8.1 million in the prior quarter.
• Over five years, Construction in Progress peaked at $17.5 million in Q4 2018 and troughed at $7.7 million in Q4 2020.
• A 5-year average of $13.1 million and a median of $14.9 million in 2022 frame the typical range for Construction in Progress.
• The sharpest annual moves came in 2020 and 2022: Construction in Progress plunged 55.34% in 2020, then soared 84.5% in 2022.
• A 5-year view of Construction in Progress shows it stood at $17.5 million in 2018, then slipped by 1.94% to $17.1 million in 2019, then sank by 55.34% to $7.7 million in 2020, then rose by 5.71% to $8.1 million in 2021, then soared by 84.5% to $14.9 million in 2022.
• Business Quant data shows FBP's Construction in Progress at $14.9 million in Q4 2022, $8.1 million in Q4 2021, and $7.7 million in Q4 2020.