First Bancorp (FBP) Interest Expense - Others (2010 - 2024)
First Bancorp (FBP) posted quarterly Interest Expense - Others of $3.2 million for Q3 2024, down 3.29% year-over-year from $3.3 million in Q4 2023, and down 3.03% quarter-over-quarter from $3.3 million in Q2 2024.
First Bancorp (FBP) Interest Expense - Others (2010 - 2024) Analysis & Trends
First Bancorp (FBP) has reported Interest Expense - Others for 15 consecutive years, with $3.2 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Interest Expense - Others fell 3.29% year-over-year to $3.2 million; the TTM figure through Sep 2024 stood at -$211000.0 (down 101.61% YoY), while the FY2023 annual figure was $3000.0, down 99.96% from the prior year.
- Interest Expense - Others fell to $3.2 million in Q3 2024 per FBP's latest filing, from $3.3 million in the prior quarter.
- Across five years, Interest Expense - Others topped out at $3.4 million in Q2 2023 and bottomed at -$10.1 million in Q4 2023.
- Historically, Interest Expense - Others has averaged $1.6 million across 5 years, with a median of $1.7 million in 2022.
- On a YoY basis, Interest Expense - Others climbed as much as 153.64% in 2023 and fell as far as 443.57% in 2023.
- First Bancorp's Interest Expense - Others stood at $1.3 million in 2020, then retreated by 5.05% to $1.3 million in 2021, then soared by 130.57% to $2.9 million in 2022, then tumbled by 443.57% to -$10.1 million in 2023, then surged by 131.93% to $3.2 million in 2024.
- Business Quant data shows FBP's Interest Expense - Others at $3.2 million in Q3 2024, $3.3 million in Q2 2024, and $3.4 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | First Bancorp | 4.34 Bn | -15.25 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 3.24 Mn |
| Jun 30, 2024 | 3.34 Mn |
| Mar 31, 2024 | 3.35 Mn |
| Dec 31, 2023 | -10.13 Mn |
| Sep 30, 2023 | 3.35 Mn |
| Jun 30, 2023 | 3.41 Mn |
| Mar 31, 2023 | 3.38 Mn |
| Dec 31, 2022 | 2.95 Mn |
| Sep 30, 2022 | 2.27 Mn |
| Jun 30, 2022 | 1.70 Mn |
| Mar 31, 2022 | 1.33 Mn |
| Dec 31, 2021 | 1.28 Mn |
| Sep 30, 2021 | 1.28 Mn |
| Jun 30, 2021 | 1.29 Mn |
| Mar 31, 2021 | 1.29 Mn |
| Dec 31, 2020 | 1.35 Mn |
| Sep 30, 2020 | 1.36 Mn |
| Jun 30, 2020 | 1.64 Mn |
| Mar 31, 2020 | 2.03 Mn |
| Dec 31, 2019 | 2.21 Mn |