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First Bancorp (FBP) Other Gross PP&E Adjustments (2016 - 2022)

First Bancorp (FBP) has disclosed Other Gross PP&E Adjustments for 7 consecutive years, with -$2.1 million as the latest value for Q3 2022.

  • Quarterly Other Gross PP&E Adjustments rose 97.78% to -$2.1 million in Q3 2022 from the year-ago period, while the trailing twelve-month figure was -$13.0 million through Dec 2022, up 89.38% year-over-year, with the annual reading at -$122.3 million for FY2021, 9.23% up from the prior year.
  • Other Gross PP&E Adjustments for Q3 2022 was -$2.1 million at First Bancorp, up from -$4.3 million in the prior quarter.
  • The five-year high for Other Gross PP&E Adjustments was -$860000.0 in Q3 2018, with the low at -$134.7 million in Q4 2020.
  • Average Other Gross PP&E Adjustments over 5 years is -$58.0 million, with a median of -$57.2 million recorded in 2019.
  • The sharpest move saw Other Gross PP&E Adjustments tumbled 6548.6% in 2019, then soared 97.78% in 2022.
  • Over 5 years, Other Gross PP&E Adjustments stood at -$42.1 million in 2018, then crashed by 130.93% to -$97.3 million in 2019, then plummeted by 38.52% to -$134.7 million in 2020, then grew by 9.23% to -$122.3 million in 2021, then surged by 98.26% to -$2.1 million in 2022.
  • According to Business Quant data, Other Gross PP&E Adjustments over the past three periods came in at -$2.1 million, -$4.3 million, and -$6.6 million for Q3 2022, Q2 2022, and Q1 2022 respectively.