KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

First Bancorp (FBP) Operating Expenses: 2009-2024

Historic Operating Expenses for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $487.1 million.

  • First Bancorp's Operating Expenses rose 1.32% to $112.9 million in Q4 2022 from the same period last year, while for Dec 2022 it was $443.1 million, marking a year-over-year decrease of 9.38%. This contributed to the annual value of $487.1 million for FY2024, which is 3.32% up from last year.
  • Latest data reveals that First Bancorp reported Operating Expenses of $487.1 million as of FY2024, which was up 3.32% from $471.4 million recorded in FY2023.
  • First Bancorp's Operating Expenses' 5-year high stood at $489.0 million during FY2021, with a 5-year trough of $424.2 million in FY2020.
  • Over the past 3 years, First Bancorp's median Operating Expenses value was $471.4 million (recorded in 2023), while the average stood at $467.2 million.
  • Per our database at Business Quant, First Bancorp's Operating Expenses grew by 15.26% in 2021 and then dropped by 9.38% in 2022.
  • Over the past 5 years, First Bancorp's Operating Expenses (Yearly) stood at $424.2 million in 2020, then climbed by 15.26% to $489.0 million in 2021, then fell by 9.38% to $443.1 million in 2022, then rose by 6.39% to $471.4 million in 2023, then grew by 3.32% to $487.1 million in 2024.