KPIs & Operating Metrics(New)

First Bancorp (FBP) Deferred Taxes (2016 - 2022)

First Bancorp (FBP) has disclosed Deferred Taxes for 7 consecutive years, with $11.8 million as the latest value for Q4 2022.

  • Quarterly Deferred Taxes fell 63.42% to $11.8 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $54.2 million through Dec 2022, down 54.18% year-over-year, with the annual reading at -$12.4 million for FY2025, 187.91% down from the prior year.
  • Deferred Taxes for Q4 2022 was $11.8 million at First Bancorp, up from $899000.0 in the prior quarter.
  • The five-year high for Deferred Taxes was $32.5 million in Q2 2021, with the low at -$47.6 million in Q4 2018.
  • Average Deferred Taxes over 5 years is $9.9 million, with a median of $11.5 million recorded in 2018.
  • The sharpest move saw Deferred Taxes plummeted 1063.01% in 2018, then skyrocketed 1865.24% in 2021.
  • Over 5 years, Deferred Taxes stood at -$47.6 million in 2018, then soared by 118.92% to $9.0 million in 2019, then soared by 100.97% to $18.1 million in 2020, then skyrocketed by 78.82% to $32.4 million in 2021, then tumbled by 63.42% to $11.8 million in 2022.
  • According to Business Quant data, Deferred Taxes over the past three periods came in at $11.8 million, $899000.0, and $9.8 million for Q4 2022, Q3 2022, and Q2 2022 respectively.