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First Bancorp (FBP) Interest Expenses: 2016-2022

Historic Interest Expenses for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $27.9 million.

  • First Bancorp's Interest Expenses rose 95.00% to $27.9 million in Q4 2022 from the same period last year, while for Dec 2022 it was $67.3 million, marking a year-over-year increase of 3.92%. This contributed to the annual value of $287.7 million for FY2024, which is 27.08% up from last year.
  • According to the latest figures from Q4 2022, First Bancorp's Interest Expenses is $27.9 million, which was up 88.72% from $14.8 million recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Interest Expenses ranged from a high of $27.9 million in Q4 2022 and a low of $12.2 million during Q1 2022.
  • Moreover, its 3-year median value for Interest Expenses was $17.5 million (2021), whereas its average is $18.7 million.
  • The largest annual percentage gain for First Bancorp's Interest Expenses in the last 5 years was 95.00% (2022), contrasted with its biggest fall of 33.45% (2022).
  • First Bancorp's Interest Expenses (Quarterly) stood at $24.7 million in 2018, then grew by 11.99% to $27.7 million in 2019, then fell by 24.41% to $20.9 million in 2020, then plummeted by 31.70% to $14.3 million in 2021, then spiked by 95.00% to $27.9 million in 2022.
  • Its Interest Expenses stands at $27.9 million for Q4 2022, versus $14.8 million for Q3 2022 and $12.4 million for Q2 2022.