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First Bancorp (FBP) Depreciation and Depletion: 2016-2022

Historic Depreciation and Depletion for First Bancorp (FBP) over the last 6 years, with Dec 2022 value amounting to $5.5 million.

  • First Bancorp's Depreciation and Depletion fell 9.12% to $5.5 million in Q4 2022 from the same period last year, while for Dec 2022 it was $22.3 million, marking a year-over-year decrease of 10.72%. This contributed to the annual value of $18.6 million for FY2024, which is 9.37% down from last year.
  • Latest data reveals that First Bancorp reported Depreciation and Depletion of $5.5 million as of Q4 2022, which was down 0.72% from $5.5 million recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Depreciation and Depletion ranged from a high of $6.8 million in Q1 2021 and a low of $3.7 million during Q4 2018.
  • In the last 3 years, First Bancorp's Depreciation and Depletion had a median value of $5.6 million in 2021 and averaged $5.6 million.
  • Its Depreciation and Depletion has fluctuated over the past 5 years, first soared by 51.76% in 2021, then fell by 15.30% in 2022.
  • First Bancorp's Depreciation and Depletion (Quarterly) stood at $3.7 million in 2018, then increased by 13.69% to $4.2 million in 2019, then spiked by 49.42% to $6.3 million in 2020, then decreased by 4.54% to $6.0 million in 2021, then declined by 9.12% to $5.5 million in 2022.
  • Its last three reported values are $5.5 million in Q4 2022, $5.5 million for Q3 2022, and $5.4 million during Q2 2022.