First Bancorp (FBP) Interest Expenses (2010 - 2026)
First Bancorp's (FBP) quarterly Interest Expenses came in at $58.6 million in Q2 2026, down 6.02% year-over-year from $62.3 million in Q2 2025, and down 0.53% quarter-over-quarter from $58.9 million in Q1 2026.
Analysis
First Bancorp (FBP) Interest Expenses (2010 - 2026) Analysis & Trends
First Bancorp (FBP) has reported Interest Expenses for 17 consecutive years, with $58.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses fell 6.02% year-over-year to $58.6 million in Q2 2026; TTM through Jun 2026 was $244.7 million, a 9.4% decrease from a year earlier, with the FY2025 full-year figure at $254.2 million, down 11.63% from the prior year.
- Interest Expenses was $58.6 million for Q2 2026 at First Bancorp, down from $58.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $72.6 million in Q2 2024 and troughed at $12.2 million in Q1 2022.
- A 5-year average of $52.9 million and a median of $62.4 million in 2025 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses slumped 33.45% in 2022 and soared 331.04% in 2023, its largest moves.
- Over 5 years, Interest Expenses stood at $27.9 million in 2022, then soared by 146.78% to $68.8 million in 2023, then advanced by 2.42% to $70.5 million in 2024, then decreased by 11.45% to $62.4 million in 2025, then declined by 6.11% to $58.6 million in 2026.
- The last three Interest Expenses figures came in at $58.6 million (Q2 2026), $58.9 million (Q1 2026), and $62.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 471.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 1.20 Bn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 809.00 Mn |
| 10 | First Bancorp | 4.26 Bn | -15.45 Bn | - | 58.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.58 Mn |
| Mar 31, 2026 | 58.89 Mn |
| Dec 31, 2025 | 62.39 Mn |
| Sep 30, 2025 | 64.83 Mn |
| Jun 30, 2025 | 62.33 Mn |
| Mar 31, 2025 | 64.67 Mn |
| Dec 31, 2024 | 70.46 Mn |
| Sep 30, 2024 | 72.61 Mn |
| Jun 30, 2024 | 72.62 Mn |
| Mar 31, 2024 | 71.99 Mn |
| Dec 31, 2023 | 68.80 Mn |
| Sep 30, 2023 | 63.68 Mn |
| Jun 30, 2023 | 52.39 Mn |
| Mar 31, 2023 | 41.51 Mn |
| Dec 31, 2022 | 27.88 Mn |
| Sep 30, 2022 | 14.77 Mn |
| Jun 30, 2022 | 12.44 Mn |
| Mar 31, 2022 | 12.23 Mn |
| Dec 31, 2021 | 14.30 Mn |
| Sep 30, 2021 | 15.43 Mn |