First Bancorp (FBP) Construction in Progress (2011 - 2022)
First Bancorp (FBP) posted quarterly Construction in Progress of $14.9 million for Q4 2022, up 84.5% year-over-year from $8.1 million in Q4 2021, and up 84.5% quarter-over-quarter from $8.1 million in Q4 2021.
First Bancorp (FBP) Construction in Progress (2011 - 2022) Analysis & Trends
First Bancorp (FBP) has reported Construction in Progress for 12 consecutive years, with $14.9 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Construction in Progress rose 84.5% year-over-year to $14.9 million; the TTM figure through Dec 2022 stood at $14.9 million (up 84.5% YoY), while the FY2022 annual figure was $14.9 million, up 84.5% from the prior year.
- Construction in Progress improved to $14.9 million in Q4 2022 per FBP's latest filing, from $8.1 million in the prior quarter.
- Across five years, Construction in Progress topped out at $17.5 million in Q4 2018 and bottomed at $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.
- Annual changes were most pronounced in 2020 — Construction in Progress plunged 55.34% — and 2022, when it soared 84.5%.
- First Bancorp's Construction in Progress stood at $17.5 million in 2018, then dropped by 1.94% to $17.1 million in 2019, then slumped by 55.34% to $7.7 million in 2020, then gained by 5.71% to $8.1 million in 2021, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | First Bancorp | 4.34 Bn | -15.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 14.92 Mn |
| Dec 31, 2021 | 8.09 Mn |
| Dec 31, 2020 | 7.65 Mn |
| Dec 31, 2019 | 17.13 Mn |
| Dec 31, 2018 | 17.47 Mn |
| Dec 31, 2017 | 10.31 Mn |
| Dec 31, 2016 | 8.36 Mn |
| Dec 31, 2015 | 5.90 Mn |
| Dec 31, 2014 | 8.02 Mn |
| Dec 31, 2013 | 10.15 Mn |
| Dec 31, 2012 | 2.49 Mn |
| Dec 31, 2011 | 3.75 Mn |