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

First Bancorp's (FBP) quarterly Operating Expenses came in at $126.9 million in Q4 2025, up 1.88% year-on-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) 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.

  • On a quarterly basis, Operating Expenses rose 1.88% year-over-year to $126.9 million in Q4 2025; TTM through Dec 2025 was $498.1 million, a 2.27% increase from a year earlier, with the FY2025 full-year figure at $498.1 million, up 2.27% from the prior year.
  • Operating Expenses for Q4 2025 stood at $126.9 million, up from $124.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for FBP reached as high as $133.3 million in Q1 2021 and fell as low as $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.
  • Across the five-year window, Operating Expenses jumped 44.98% in 2021 and retreated 19.99% in 2022, its largest moves.
  • Year by year, Operating Expenses stood at $111.5 million in 2021, then rose by 1.32% to $112.9 million in 2022, then increased by 12.11% to $126.6 million in 2023, then decreased by 1.64% to $124.5 million in 2024, then increased by 1.88% to $126.9 million in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -19.71 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.04 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -287,925.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -2.75 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -17.40 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -3.86 Bn
7 First Capital 200.03 Bn 199.69 Bn - 7.75 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 3.77 Bn
10 First Bancorp 4.61 Bn 4.61 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