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| 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 |