First Bancorp (FBP) Interest Expense - Others (2010 - 2024)

First Bancorp (FBP) has reported Interest Expense - Others for 15 consecutive years, with $3.2 million the latest figure, recorded in Q3 2024.

• On a quarterly basis, Interest Expense - Others fell 3.29% year-over-year to $3.2 million in Q3 2024; TTM through Sep 2024 was $13.3 million, a 1.81% increase from a year earlier, with the FY2023 full-year figure at $13.5 million, up 64.0% from the prior year.
• Interest Expense - Others was $3.2 million for Q3 2024 at First Bancorp, down from $3.3 million in the prior quarter.
• Over five years, Interest Expense - Others peaked at $3.4 million in Q2 2023 and troughed at $1.3 million in Q3 2021.
• A 5-year average of $2.3 million and a median of $2.0 million in 2020 frame the typical range for Interest Expense - Others.
• Across the five-year window, Interest Expense - Others plunged 41.83% in 2020 and jumped 153.64% in 2023, its largest moves.
• Over 5 years, Interest Expense - Others stood at $1.3 million in 2020, then declined by 5.05% to $1.3 million in 2021, then jumped by 130.57% to $2.9 million in 2022, then increased by 15.29% to $3.4 million in 2023, then fell by 4.85% to $3.2 million in 2024.
• The last three Interest Expense - Others figures came in at $3.2 million (Q3 2024), $3.3 million (Q2 2024), and $3.4 million (Q1 2024), per Business Quant data.