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First Bancorp (FBP) Net Income: 2016-2022

Historic Net Income for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $73.2 million.

  • First Bancorp's Net Income fell 0.61% to $73.2 million in Q4 2022 from the same period last year, while for Dec 2022 it was $305.1 million, marking a year-over-year increase of 8.58%. This contributed to the annual value of $298.7 million for FY2024, which is 1.37% down from last year.
  • Per First Bancorp's latest filing, its Net Income stood at $73.2 million for Q4 2022, which was down 1.86% from $74.6 million recorded in Q3 2022.
  • First Bancorp's Net Income's 5-year high stood at $82.6 million during Q1 2022, with a 5-year trough of $2.3 million in Q1 2020.
  • For the 3-year period, First Bancorp's Net Income averaged around $57.4 million, with its median value being $71.9 million (2021).
  • Its Net Income has fluctuated over the past 5 years, first tumbled by 94.69% in 2020, then skyrocketed by 2,559.85% in 2021.
  • First Bancorp's Net Income (Quarterly) stood at $15.6 million in 2018, then soared by 134.21% to $36.5 million in 2019, then skyrocketed by 37.55% to $50.1 million in 2020, then spiked by 46.93% to $73.7 million in 2021, then dropped by 0.61% to $73.2 million in 2022.
  • Its last three reported values are $73.2 million in Q4 2022, $74.6 million for Q3 2022, and $74.7 million during Q2 2022.