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.

• Quarterly Construction in Progress rose 84.5% year-over-year to $14.9 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $14.9 million (up 84.5% YoY) and the FY2022 annual result came in at $14.9 million, up 84.5% from the prior year.
• Construction in Progress advanced 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.
• The 5-year median for Construction in Progress is $14.9 million (2022), against an average of $13.1 million.
• The widest annual swing landed in 2020, when Construction in Progress slumped 55.34%; it then jumped 84.5% in 2022.
• Tracing FBP's Construction in Progress over 5 years: stood at $17.5 million in 2018, then retreated by 1.94% to $17.1 million in 2019, then tumbled by 55.34% to $7.7 million in 2020, then grew by 5.71% to $8.1 million in 2021, then jumped by 84.5% to $14.9 million in 2022.
• Per Business Quant, the three latest FBP Construction in Progress figures stand at $14.9 million (Q4 2022), $8.1 million (Q4 2021), and $7.7 million (Q4 2020).

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