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First Bancorp (FBP) Operating Expenses (2016 - 2022)

Historic Operating Expenses for First Bancorp (FBP) over the last 9 years, with Q4 2022 value amounting to $112.9 million.

  • First Bancorp's Operating Expenses rose 131.52% to $112.9 million in Q4 2022 from the same period last year, while for Dec 2022 it was $443.1 million, marking a year-over-year decrease of 938.07%. This contributed to the annual value of $487.1 million for FY2024, which is 331.86% up from last year.
  • Latest data reveals that First Bancorp reported Operating Expenses of $112.9 million as of Q4 2022, which was up 131.52% from $115.2 million recorded in Q3 2022.
  • Over the past 5 years, First Bancorp's Operating Expenses peaked at $134.8 million during Q4 2020, and registered a low of $86.0 million during Q1 2018.
  • Moreover, its 5-year median value for Operating Expenses was $104.5 million (2019), whereas its average is $104.6 million.
  • As far as peak fluctuations go, First Bancorp's Operating Expenses surged by 4498.03% in 2021, and later crashed by 1998.63% in 2022.
  • First Bancorp's Operating Expenses (Quarter) stood at $91.0 million in 2018, then increased by 12.48% to $102.3 million in 2019, then skyrocketed by 31.71% to $134.8 million in 2020, then dropped by 17.29% to $111.5 million in 2021, then increased by 1.32% to $112.9 million in 2022.
  • Its Operating Expenses was $112.9 million in Q4 2022, compared to $115.2 million in Q3 2022 and $108.3 million in Q2 2022.