KPIs & Operating Metrics(New)

First Bancorp (FBP) Interest Expense - Deposits (2016 - 2022)

First Bancorp (FBP) has disclosed Interest Expense - Deposits for 7 consecutive years, with $21.0 million as the latest value for Q4 2022.

  • Quarterly Interest Expense - Deposits rose 142.47% to $21.0 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $46.4 million through Dec 2022, up 11.76% year-over-year, with the annual reading at $237.7 million for FY2025, 6.09% down from the prior year.
  • Interest Expense - Deposits for Q4 2022 was $21.0 million at First Bancorp, up from $10.0 million in the prior quarter.
  • The five-year high for Interest Expense - Deposits was $21.0 million in Q4 2022, with the low at -$36.6 million in Q4 2018.
  • Average Interest Expense - Deposits over 5 years is $10.8 million, with a median of $15.9 million recorded in 2020.
  • The sharpest move saw Interest Expense - Deposits crashed 311.48% in 2018, then surged 227.46% in 2020.
  • Over 5 years, Interest Expense - Deposits stood at -$36.6 million in 2018, then surged by 66.48% to -$12.3 million in 2019, then soared by 227.46% to $15.6 million in 2020, then crashed by 44.56% to $8.7 million in 2021, then soared by 142.47% to $21.0 million in 2022.
  • According to Business Quant data, Interest Expense - Deposits over the past three periods came in at $21.0 million, $10.0 million, and $7.7 million for Q4 2022, Q3 2022, and Q2 2022 respectively.