First Bancorp (FBP) Interest Expenses (2016 - 2022)
First Bancorp (FBP) has disclosed Interest Expenses for 7 consecutive years, with $27.9 million as the latest value for Q4 2022.
- Quarterly Interest Expenses rose 95.0% to $27.9 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $67.3 million through Dec 2022, up 3.92% year-over-year, with the annual reading at $254.2 million for FY2025, 11.63% down from the prior year.
- Interest Expenses for Q4 2022 was $27.9 million at First Bancorp, up from $14.8 million in the prior quarter.
- The five-year high for Interest Expenses was $27.9 million in Q4 2022, with the low at $12.2 million in Q1 2022.
- Average Interest Expenses over 5 years is $21.7 million, with a median of $24.1 million recorded in 2018.
- Peak annual rise in Interest Expenses hit 95.0% in 2022, while the deepest fall reached 33.45% in 2022.
- Over 5 years, Interest Expenses stood at $24.7 million in 2018, then grew by 11.99% to $27.7 million in 2019, then decreased by 24.41% to $20.9 million in 2020, then tumbled by 31.7% to $14.3 million in 2021, then skyrocketed by 95.0% to $27.9 million in 2022.
- According to Business Quant data, Interest Expenses over the past three periods came in at $27.9 million, $14.8 million, and $12.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.