KPIs & Operating Metrics(New)

First Bancorp (FBP) Deferred Taxes: 2016-2022

Historic Deferred Taxes for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $11.8 million.

  • First Bancorp's Deferred Taxes fell 63.42% to $11.8 million in Q4 2022 from the same period last year, while for Dec 2022 it was $54.2 million, marking a year-over-year decrease of 54.18%. This contributed to the annual value of $14.1 million for FY2024, which is 131.47% up from last year.
  • First Bancorp's Deferred Taxes amounted to $11.8 million in Q4 2022, which was up 1,216.35% from $899,000 recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Deferred Taxes registered a high of $32.5 million during Q2 2021, and its lowest value of -$47.6 million during Q4 2018.
  • Its 3-year average for Deferred Taxes is $14.0 million, with a median of $15.0 million in 2020.
  • Its Deferred Taxes has fluctuated over the past 5 years, first slumped by 1,063.01% in 2018, then spiked by 1,865.24% in 2021.
  • First Bancorp's Deferred Taxes (Quarterly) stood at -$47.6 million in 2018, then soared by 118.92% to $9.0 million in 2019, then skyrocketed by 100.97% to $18.1 million in 2020, then spiked by 78.82% to $32.4 million in 2021, then slumped by 63.42% to $11.8 million in 2022.
  • Its Deferred Taxes stands at $11.8 million for Q4 2022, versus $899,000 for Q3 2022 and $9.8 million for Q2 2022.