First Bancorp (FBP) Net Margin: 2016-2022
Historic Net Margin for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to 31.11%.
- First Bancorp's Net Margin fell 323.00% to 31.11% in Q4 2022 from the same period last year, while for Dec 2022 it was 33.22%, marking a year-over-year increase of 20.00%. This contributed to the annual value of 31.84% for FY2024, which is 73.00% down from last year.
- Per First Bancorp's latest filing, its Net Margin stood at 31.11% for Q4 2022, which was down 0.90% from 31.40% recorded in Q3 2022.
- In the past 5 years, First Bancorp's Net Margin ranged from a high of 1,092.76% in Q3 2018 and a low of 1.36% during Q1 2020.
- Moreover, its 3-year median value for Net Margin was 31.26% (2022), whereas its average is 26.69%.
- Its Net Margin has fluctuated over the past 5 years, first spiked by 127,824bps in 2018, then plummeted by 106,484bps in 2019.
- First Bancorp's Net Margin (Quarterly) stood at 291.24% in 2018, then slumped by 26,906bps to 22.18% in 2019, then soared by 193bps to 24.11% in 2020, then surged by 1,023bps to 34.34% in 2021, then plummeted by 323bps to 31.11% in 2022.
- Its Net Margin was 31.11% in Q4 2022, compared to 31.40% in Q3 2022 and 32.89% in Q2 2022.