First Bancorp (FBP) Non Operating Interest Expenses (2010 - 2024)

First Bancorp (FBP) has reported Non Operating Interest Expenses for 15 consecutive years, with $72.6 million the latest figure, recorded in Q2 2024.

• On a quarterly basis, Non Operating Interest Expenses rose 38.61% year-over-year to $72.6 million in Q2 2024; TTM through Jun 2024 was $277.1 million, a 102.91% increase from a year earlier, with the FY2023 full-year figure at $226.4 million, up 236.26% from the prior year.
• Non Operating Interest Expenses was $72.6 million for Q2 2024 at First Bancorp, up from $72.0 million in the prior quarter.
• Over five years, Non Operating Interest Expenses peaked at $72.6 million in Q2 2024 and troughed at $12.2 million in Q1 2022.
• A 5-year average of $33.1 million and a median of $22.6 million in 2020 frame the typical range for Non Operating Interest Expenses.
• Across the five-year window, Non Operating Interest Expenses slumped 33.45% in 2022 and soared 331.04% in 2023, its largest moves.
• Over 5 years, Non Operating Interest Expenses stood at $20.9 million in 2020, then tumbled by 31.7% to $14.3 million in 2021, then jumped by 95.0% to $27.9 million in 2022, then soared by 146.78% to $68.8 million in 2023, then rose by 5.55% to $72.6 million in 2024.
• The last three Non Operating Interest Expenses figures came in at $72.6 million (Q2 2024), $72.0 million (Q1 2024), and $68.8 million (Q4 2023), per Business Quant data.