First Bancorp (FBP) Operating Expenses (2010 - 2025)

First Bancorp (FBP) reported Operating Expenses of $126.9 million for Q4 2025, up 1.88% year-over-year from $124.5 million in Q4 2024, and up 1.58% quarter-over-quarter from $124.9 million in Q3 2025.

First Bancorp (FBP) Operating Expenses (2010 - 2025) Analysis & Trends

First Bancorp (FBP) has 16 years of Operating Expenses data on file, last reported at $126.9 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $126.9 million, up 1.88% year-over-year; the trailing twelve-month figure through Dec 2025 was $498.1 million (up 2.27% YoY), and the FY2025 annual result was $498.1 million, up 2.27% from the prior year.
  • Operating Expenses climbed to $126.9 million in Q4 2025 per FBP's latest filing, from $124.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $133.3 million in Q1 2021 and troughed at $106.7 million in Q1 2022.
  • A 5-year average of $119.4 million and a median of $119.8 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses soared 44.98% in 2021, then slipped 19.99% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $111.5 million in 2021, then climbed by 1.32% to $112.9 million in 2022, then advanced by 12.11% to $126.6 million in 2023, then declined by 1.64% to $124.5 million in 2024, then advanced by 1.88% to $126.9 million in 2025.
  • Business Quant data shows FBP's Operating Expenses at $126.9 million in Q4 2025, $124.9 million in Q3 2025, and $123.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 First Bancorp 4.07 Bn 4.07 Bn - 126.87 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 126.87 Mn
Sep 30, 2025 124.89 Mn
Jun 30, 2025 123.34 Mn
Mar 31, 2025 123.02 Mn
Dec 31, 2024 124.53 Mn
Sep 30, 2024 122.94 Mn
Jun 30, 2024 118.68 Mn
Mar 31, 2024 120.92 Mn
Dec 31, 2023 126.61 Mn
Sep 30, 2023 116.64 Mn
Jun 30, 2023 112.92 Mn
Mar 31, 2023 115.27 Mn
Dec 31, 2022 112.93 Mn
Sep 30, 2022 115.19 Mn
Jun 30, 2022 108.33 Mn
Mar 31, 2022 106.66 Mn
Dec 31, 2021 111.47 Mn
Sep 30, 2021 114.04 Mn
Jun 30, 2021 130.17 Mn
Mar 31, 2021 133.30 Mn