First Bancorp (FBP) Interest Coverage Ratio: 2009-2024
Historic Interest Coverage Ratio for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to 2.36.
- First Bancorp's Interest Coverage Ratio fell 46.80% to 4.82 in Q4 2022 from the same period last year, while for Dec 2022 it was 7.65, marking a year-over-year increase of 0.58%. This contributed to the annual value of 2.36 for FY2024, which is 14.36% down from last year.
- Latest data reveals that First Bancorp reported Interest Coverage Ratio of 2.36 as of FY2024, which was down 14.36% from 2.76 recorded in FY2023.
- First Bancorp's Interest Coverage Ratio's 5-year high stood at 2.76 during FY2023, with a 5-year trough of 0.47 in FY2020.
- Over the past 3 years, First Bancorp's median Interest Coverage Ratio value was 2.49 (recorded in 2022), while the average stood at 2.54.
- Its Interest Coverage Ratio has fluctuated over the past 5 years, first slumped by 42.93% in 2020, then surged by 426.08% in 2021.
- Over the past 5 years, First Bancorp's Interest Coverage Ratio (Yearly) stood at 0.47 in 2020, then spiked by 426.08% to 2.48 in 2021, then rose by 0.67% to 2.49 in 2022, then climbed by 10.53% to 2.76 in 2023, then dropped by 14.36% to 2.36 in 2024.