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% quarter-over-quarter 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.
- Operating Expenses for Q4 2025 came in at $126.9 million, up 1.88% year-over-year; the trailing twelve-month figure through Dec 2025 was $498.1 million (up 2.27% YoY), and the FY2025 annual result was $498.1 million, up 2.27% from the prior year.
- Operating Expenses climbed to $126.9 million in Q4 2025 per FBP's latest filing, from $124.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $133.3 million in Q1 2021 and troughed at $106.7 million in Q1 2022.
- A 5-year average of $119.4 million and a median of $119.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses soared 44.98% in 2021, then slipped 19.99% in 2022.
- A 5-year view of Operating Expenses shows it stood at $111.5 million in 2021, then climbed by 1.32% to $112.9 million in 2022, then advanced by 12.11% to $126.6 million in 2023, then declined by 1.64% to $124.5 million in 2024, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First Bancorp | 4.07 Bn | 4.07 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 |