First Bancorp FBP
NYSE FBP
$27.57 +0.05 (+0.18%)
At close: Sep 18, 2026 · 4:00 PM EDT

First Bancorp (FBP) Operating Expenses (2010 - 2026)

First Bancorp's (FBP) quarterly Operating Expenses came in at $127.3 million in Q2 2026, up 3.23% year-over-year from $123.3 million in Q2 2025, and little changed quarter-over-quarter from $127.1 million in Q1 2026.

Analysis

First Bancorp (FBP) Operating Expenses (2010 - 2026) Analysis & Trends

First Bancorp (FBP) has reported Operating Expenses for 17 consecutive years, with $127.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 3.23% year-over-year to $127.3 million in Q2 2026; TTM through Jun 2026 was $506.2 million, a 2.5% increase from a year earlier, with the FY2025 full-year figure at $498.1 million, up 2.27% from the prior year.
  • Operating Expenses was $127.3 million for Q2 2026 at First Bancorp, roughly flat from $127.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $127.3 million in Q2 2026 and troughed at $106.7 million in Q1 2022.
  • A 5-year average of $119.7 million and a median of $121.9 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 19.99% in 2022 and climbed 12.11% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $112.9 million in 2022, then gained by 12.11% to $126.6 million in 2023, then dropped by 1.64% to $124.5 million in 2024, then gained by 1.88% to $126.9 million in 2025, then increased by 0.36% to $127.3 million in 2026.
  • The last three Operating Expenses figures came in at $127.3 million (Q2 2026), $127.1 million (Q1 2026), and $126.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - -259.95 Bn
2 Truist Financial 59.29 Bn 59.29 Bn - 3.06 Bn
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - 2.11 Bn
4 M&T Bank 32.82 Bn 32.82 Bn - 1.35 Bn
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 1.81 Bn
6 Citizens Financial 28.34 Bn 28.34 Bn - 1.39 Bn
7 Regions Financial 24.27 Bn 24.34 Bn - 1.12 Bn
8 Keycorp 22.19 Bn -25.51 Bn - 1.22 Bn
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn 1.55 Bn
10 First Bancorp 4.21 Bn -15.50 Bn - 127.32 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 127.32 Mn
Mar 31, 2026 127.11 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