First Bancorp (FBP) Loans - Loss Allowance (2016 - 2022)
First Bancorp (FBP) has disclosed Loans - Loss Allowance for 7 consecutive years, with $257.9 million as the latest value for Q3 2022.
- Quarterly Loans - Loss Allowance rose 1133.78% to $257.9 million in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $257.9 million through Sep 2022, up 1133.78% year-over-year, with the annual reading at $269.0 million for FY2021, 30.28% down from the prior year.
- Loans - Loss Allowance for Q3 2022 was $257.9 million at First Bancorp, up from $252.2 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $385.9 million in Q4 2020, with the low at $20.9 million in Q3 2021.
- Average Loans - Loss Allowance over 5 years is $243.9 million, with a median of $245.4 million recorded in 2022.
- The sharpest move saw Loans - Loss Allowance skyrocketed 3629.46% in 2018, then plummeted 94.57% in 2021.
- Over 5 years, Loans - Loss Allowance stood at $196.4 million in 2018, then fell by 20.99% to $155.1 million in 2019, then skyrocketed by 148.74% to $385.9 million in 2020, then plummeted by 30.28% to $269.0 million in 2021, then fell by 4.15% to $257.9 million in 2022.
- According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $257.9 million, $252.2 million, and $245.4 million for Q3 2022, Q2 2022, and Q1 2022 respectively.