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% on a QoQ basis from $124.9 million in Q3 2025.
First Bancorp (FBP) has 16 years of Operating Expenses data on file, last reported at $126.9 million in Q4 2025.
- Quarterly Operating Expenses rose 1.88% year-over-year to $126.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $498.1 million (up 2.27% YoY) and the FY2025 annual result came in at $498.1 million, up 2.27% from the prior year.
- Operating Expenses improved 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.
- The 5-year median for Operating Expenses is $119.8 million (2024), against an average of $119.4 million.
- The widest annual swing landed in 2021, when Operating Expenses jumped 44.98%; it then retreated 19.99% in 2022.
- Tracing FBP's Operating Expenses over 5 years: stood at $111.5 million in 2021, then gained by 1.32% to $112.9 million in 2022, then rose by 12.11% to $126.6 million in 2023, then slipped by 1.64% to $124.5 million in 2024, then rose by 1.88% to $126.9 million in 2025.
- Per Business Quant, the three latest FBP Operating Expenses figures stand at $126.9 million (Q4 2025), $124.9 million (Q3 2025), and $123.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | First Bancorp | 3.86 Bn | 3.85 Bn | - | 126.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 134.76 Mn |
| Sep 30, 2020 | 107.51 Mn |
| Jun 30, 2020 | 89.79 Mn |
| Mar 31, 2020 | 92.18 Mn |
| Dec 31, 2019 | 102.31 Mn |
| Sep 30, 2019 | 92.83 Mn |
| Jun 30, 2019 | 92.94 Mn |
| Mar 31, 2019 | 90.38 Mn |
| Dec 31, 2018 | 90.96 Mn |
| Sep 30, 2018 | 90.87 Mn |
| Jun 30, 2018 | 90.22 Mn |
| Mar 31, 2018 | 86.03 Mn |
| Dec 31, 2017 | 85.14 Mn |
| Sep 30, 2017 | 85.61 Mn |
| Jun 30, 2017 | 89.07 Mn |
| Mar 31, 2017 | 87.88 Mn |
| Dec 31, 2016 | 84.24 Mn |
| Sep 30, 2016 | 88.30 Mn |
| Jun 30, 2016 | 89.54 Mn |
| Mar 31, 2016 | 93.00 Mn |
| Dec 31, 2015 | 96.03 Mn |
| Sep 30, 2015 | 93.28 Mn |
| Jun 30, 2015 | 102.80 Mn |
| Mar 31, 2015 | 91.73 Mn |
| Dec 31, 2014 | 93.72 Mn |
| Sep 30, 2014 | 93.60 Mn |
| Jun 30, 2014 | 98.15 Mn |
| Mar 31, 2014 | 92.79 Mn |
| Dec 31, 2013 | 106.54 Mn |
| Sep 30, 2013 | 99.15 Mn |
| Jun 30, 2013 | 111.32 Mn |
| Mar 31, 2013 | 98.01 Mn |
| Dec 31, 2012 | 90.91 Mn |
| Sep 30, 2012 | 91.84 Mn |
| Jun 30, 2012 | 86.94 Mn |
| Mar 31, 2012 | 85.19 Mn |
| Dec 31, 2011 | 85.83 Mn |
| Sep 30, 2011 | 82.93 Mn |
| Jun 30, 2011 | 86.43 Mn |
| Mar 31, 2011 | 82.87 Mn |
| Dec 31, 2010 | 87.50 Mn |
| Sep 30, 2010 | 88.68 Mn |
| Jun 30, 2010 | 98.61 Mn |