First Bancorp (FBP) Interest Expense - Debt (2010 - 2026)
First Bancorp's (FBP) quarterly Interest Expense - Debt came in at $2.1 million in Q2 2026, down 42.27% year-over-year from $3.7 million in Q2 2025, and down 26.58% quarter-over-quarter from $2.9 million in Q1 2026.
Analysis
First Bancorp (FBP) Interest Expense - Debt (2010 - 2026) Analysis & Trends
First Bancorp (FBP) has reported Interest Expense - Debt for 17 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expense - Debt fell 42.27% year-over-year to $2.1 million in Q2 2026; TTM through Jun 2026 was $11.7 million, a 55.75% decrease from a year earlier, with the FY2025 full-year figure at $16.4 million, down 52.4% from the prior year.
- Interest Expense - Debt was $2.1 million for Q2 2026 at First Bancorp, down from $2.9 million in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $19.2 million in Q4 2023 and troughed at $1.3 million in Q1 2022.
- A 5-year average of $6.1 million and a median of $5.0 million in 2023 frame the typical range for Interest Expense - Debt.
- Across the five-year window, Interest Expense - Debt surged 642.41% in 2022 and sank 61.02% in 2025, its largest moves.
- Over 5 years, Interest Expense - Debt stood at $13.1 million in 2022, then soared by 46.1% to $19.2 million in 2023, then sank by 59.73% to $7.7 million in 2024, then sank by 58.8% to $3.2 million in 2025, then tumbled by 33.1% to $2.1 million in 2026.
- The last three Interest Expense - Debt figures came in at $2.1 million (Q2 2026), $2.9 million (Q1 2026), and $3.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 155.00 Mn |
| 10 | First Bancorp | 4.26 Bn | -15.45 Bn | - | 2.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.13 Mn |
| Mar 31, 2026 | 2.90 Mn |
| Dec 31, 2025 | 3.19 Mn |
| Sep 30, 2025 | 3.47 Mn |
| Jun 30, 2025 | 3.69 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 7.74 Mn |
| Sep 30, 2024 | 8.91 Mn |
| Jun 30, 2024 | 8.95 Mn |
| Mar 31, 2024 | 8.96 Mn |
| Dec 31, 2023 | 19.21 Mn |
| Sep 30, 2023 | 5.68 Mn |
| Jun 30, 2023 | 5.61 Mn |
| Mar 31, 2023 | 4.34 Mn |
| Dec 31, 2022 | 13.15 Mn |
| Sep 30, 2022 | 2.27 Mn |
| Jun 30, 2022 | 1.70 Mn |
| Mar 31, 2022 | 1.33 Mn |
| Dec 31, 2021 | 1.77 Mn |
| Sep 30, 2021 | 1.90 Mn |