First Bancorp (FBP) Operating Expenses (2010 - 2026)
First Bancorp (FBP) posted quarterly 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 - 2026) Analysis & Trends
First Bancorp (FBP) has reported Operating Expenses for 16 consecutive years, with $126.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 1.88% year-over-year to $126.9 million; the TTM figure through Dec 2025 stood at $498.1 million (up 2.27% YoY), while the FY2025 annual figure was $498.1 million, up 2.27% from the prior year.
- Operating Expenses grew to $126.9 million in Q4 2025 per FBP's latest filing, from $124.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $133.3 million in Q1 2021 and bottomed at $106.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $119.4 million across 5 years, with a median of $119.8 million in 2024.
- Annual changes were most pronounced in 2021 — Operating Expenses soared 44.98% — and 2022, when it slipped 19.99%.
- First Bancorp's Operating Expenses stood at $111.5 million in 2021, then grew by 1.32% to $112.9 million in 2022, then climbed by 12.11% to $126.6 million in 2023, then fell by 1.64% to $124.5 million in 2024, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.07 Bn | 84.87 Bn | - | - |
| 2 | Pnc Financial Services | 98.05 Bn | 98.05 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.38 Bn | 96.38 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.86 Bn | -144.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.05 Bn | -81.26 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.44 Bn | 56.75 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.92 Bn | 61.92 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.71 Bn | 25.99 Bn | - | 2.11 Bn |
| 10 | First Bancorp | 4.36 Bn | -15.23 Bn | - | 127.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 127.32 Mn |
| 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 |