First Bancorp (FBP) Operating Expenses (2016 - 2022)
First Bancorp (FBP) has disclosed Operating Expenses for 7 consecutive years, with $112.9 million as the latest value for Q4 2022.
- Quarterly Operating Expenses rose 1.32% to $112.9 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $443.1 million through Dec 2022, down 9.38% year-over-year, with the annual reading at $498.1 million for FY2025, 2.27% up from the prior year.
- Operating Expenses for Q4 2022 was $112.9 million at First Bancorp, down from $115.2 million in the prior quarter.
- The five-year high for Operating Expenses was $134.8 million in Q4 2020, with the low at $86.0 million in Q1 2018.
- Average Operating Expenses over 5 years is $104.6 million, with a median of $104.5 million recorded in 2019.
- The sharpest move saw Operating Expenses skyrocketed 44.98% in 2021, then dropped 19.99% in 2022.
- Over 5 years, Operating Expenses stood at $91.0 million in 2018, then grew 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.
- According to Business Quant data, Operating Expenses over the past three periods came in at $112.9 million, $115.2 million, and $108.3 million for Q4 2022, Q3 2022, and Q2 2022 respectively.