First Bancorp (FBP) Other Operating Expenses (2016 - 2022)
First Bancorp (FBP) has disclosed Other Operating Expenses for 7 consecutive years, with $88.8 million as the latest value for Q4 2022.
- Quarterly Other Operating Expenses rose 280.84% to $88.8 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $346.1 million through Dec 2022, up 16.36% year-over-year, with the annual reading at $400.2 million for FY2025, 2.65% up from the prior year.
- Other Operating Expenses for Q4 2022 was $88.8 million at First Bancorp, down from $90.4 million in the prior quarter.
- The five-year high for Other Operating Expenses was $95.3 million in Q1 2021, with the low at $23.3 million in Q4 2021.
- Average Other Operating Expenses over 5 years is $74.9 million, with a median of $75.3 million recorded in 2019.
- The sharpest move saw Other Operating Expenses plummeted 73.31% in 2021, then skyrocketed 280.84% in 2022.
- Over 5 years, Other Operating Expenses stood at $74.9 million in 2018, then plummeted by 57.49% to $31.8 million in 2019, then surged by 174.41% to $87.3 million in 2020, then tumbled by 73.31% to $23.3 million in 2021, then surged by 280.84% to $88.8 million in 2022.
- According to Business Quant data, Other Operating Expenses over the past three periods came in at $88.8 million, $90.4 million, and $84.8 million for Q4 2022, Q3 2022, and Q2 2022 respectively.