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First Bancorp (FBP) Other Operating Expenses: 2009-2024

Historic Other Operating Expenses for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $389.9 million.

  • First Bancorp's Other Operating Expenses rose 280.84% to $88.8 million in Q4 2022 from the same period last year, while for Dec 2022 it was $346.1 million, marking a year-over-year increase of 16.36%. This contributed to the annual value of $389.9 million for FY2024, which is 3.43% up from last year.
  • According to the latest figures from FY2024, First Bancorp's Other Operating Expenses is $389.9 million, which was up 3.43% from $377.0 million recorded in FY2023.
  • First Bancorp's 5-year Other Operating Expenses high stood at $389.9 million for FY2024, and its period low was $184.0 million during FY2020.
  • Its 3-year average for Other Operating Expenses is $371.0 million, with a median of $377.0 million in 2023.
  • As far as peak fluctuations go, First Bancorp's Other Operating Expenses fell by 13.75% in 2020, and later skyrocketed by 95.63% in 2021.
  • Yearly analysis of 5 years shows First Bancorp's Other Operating Expenses stood at $184.0 million in 2020, then skyrocketed by 95.63% to $359.9 million in 2021, then dropped by 3.83% to $346.1 million in 2022, then grew by 8.91% to $377.0 million in 2023, then climbed by 3.43% to $389.9 million in 2024.