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First Bancorp (FBP) Interest Expenses: 2009-2024

Historic Interest Expenses for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $287.7 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.
  • Per First Bancorp's latest filing, its Interest Expenses stood at $287.7 million for FY2024, which was up 27.08% from $226.4 million recorded in FY2023.
  • Over the past 5 years, First Bancorp's Interest Expenses peaked at $287.7 million during FY2024, and registered a low of $64.8 million during FY2021.
  • Moreover, its 3-year median value for Interest Expenses was $226.4 million (2023), whereas its average is $193.8 million.
  • Its Interest Expenses has fluctuated over the past 5 years, first crashed by 30.09% in 2021, then surged by 236.26% in 2023.
  • Yearly analysis of 5 years shows First Bancorp's Interest Expenses stood at $92.7 million in 2020, then tumbled by 30.09% to $64.8 million in 2021, then increased by 3.92% to $67.3 million in 2022, then surged by 236.26% to $226.4 million in 2023, then grew by 27.08% to $287.7 million in 2024.