First Bancorp /Pr/ (FBP) Operating Expenses (2010 - 2026)
First Bancorp's Operating Expenses was $127.32 million in Q2 2026, up 3.2% from $123.34 million a year earlier and up 0.2% from the prior quarter.
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Analysis
First Bancorp /Pr/ (FBP) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Bancorp's Operating Expenses was $506.19 million through Jun 30, 2026, up 2.5% year-over-year; for FY2025, it came in at $498.12 million, up 2.3% from FY2024.
- Operating Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $487.07 million in FY2024 (+3.3%), $471.43 million in FY2023 (+6.4%), $443.11 million in FY2022 (-9.4%) and $488.97 million in FY2021 (+15.3%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q2 2021.
- Compared with a year earlier, Operating Expenses has increased for six straight quarters, with growth averaging 2.4% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2023 (growth of 12.1%); the worst was Q1 2022 (a decline of 20.0%).
- Per Business Quant data, FBP's Operating Expenses in the three quarters before Q2 2026 was $127.11 million (Q1 2026), $126.87 million (Q4 2025) and $124.89 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
First Bancorp /Pr/ Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FBP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FBP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FBP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();