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First Bancorp (FBP) Mortgage Banking: 2009-2024

Historic Mortgage Banking for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $12.7 million.

  • First Bancorp's Mortgage Banking fell 50.76% to $2.6 million in Q4 2022 from the same period last year, while for Dec 2022 it was $15.3 million, marking a year-over-year decrease of 38.96%. This contributed to the annual value of $12.7 million for FY2024, which is 19.80% up from last year.
  • Per First Bancorp's latest filing, its Mortgage Banking stood at $12.7 million for FY2024, which was up 19.80% from $10.6 million recorded in FY2023.
  • Over the past 5 years, First Bancorp's Mortgage Banking peaked at $25.0 million during FY2021, and registered a low of $10.6 million during FY2023.
  • In the last 3 years, First Bancorp's Mortgage Banking had a median value of $12.7 million in 2024 and averaged $12.8 million.
  • In the last 5 years, First Bancorp's Mortgage Banking climbed by 29.70% in 2020 and then slumped by 38.96% in 2022.
  • Yearly analysis of 5 years shows First Bancorp's Mortgage Banking stood at $22.1 million in 2020, then grew by 12.99% to $25.0 million in 2021, then crashed by 38.96% to $15.3 million in 2022, then crashed by 30.62% to $10.6 million in 2023, then increased by 19.80% to $12.7 million in 2024.