First Bancorp (FBP) Provision for Losses (2010 - 2026)
First Bancorp's Provision for Losses was $17.33 million in Q2 2026, down 15.8% from $20.59 million a year earlier but up 0.3% from the prior quarter.
First Bancorp (FBP) Provision for Losses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Bancorp's Provision for Losses was $75.17 million through Jun 30, 2026, down 7.8% year-over-year; for FY2025, it came in at $85.96 million, up 43.5% from FY2024.
- Provision for Losses shows a five-year compound annual growth rate of -12.8% (FY2020 to FY2025).
- In earlier years, Provision for Losses was $59.92 million in FY2024 (-1.7%), $60.94 million in FY2023 (+120.0%), $27.7 million in FY2022 and -$65.7 million in FY2021.
- Quarterly Provision for Losses has moved between -$13.8 million (Q1 2022) and $24.81 million (Q1 2025) over five years.
- Compared with a year earlier, Provision for Losses was higher in six of the last eight quarters, with growth averaging 52.3%.
- The best year-over-year quarter for Provision for Losses over five years was Q3 2024 (growth of 246.8%); the worst was Q3 2023 (a decline of 72.1%).
- Per Business Quant data, FBP's Provision for Losses in the three quarters before Q2 2026 was $17.27 million (Q1 2026), $22.97 million (Q4 2025) and $17.59 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provision for Losses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 2.74 Bn |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 1.30 Bn |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 368.00 Mn |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 1.03 Bn |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | First Bancorp | 4.01 Bn | -15.70 Bn | - | 17.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.33 Mn |
| Mar 31, 2026 | 17.27 Mn |
| Dec 31, 2025 | 22.97 Mn |
| Sep 30, 2025 | 17.59 Mn |
| Jun 30, 2025 | 20.59 Mn |
| Mar 31, 2025 | 24.81 Mn |
| Dec 31, 2024 | 20.90 Mn |
| Sep 30, 2024 | 15.25 Mn |
| Jun 30, 2024 | 11.61 Mn |
| Mar 31, 2024 | 12.17 Mn |
| Dec 31, 2023 | 18.81 Mn |
| Sep 30, 2023 | 4.40 Mn |
| Jun 30, 2023 | 22.23 Mn |
| Mar 31, 2023 | 15.50 Mn |
| Dec 31, 2022 | 15.71 Mn |
| Sep 30, 2022 | 15.78 Mn |
| Jun 30, 2022 | 10.00 Mn |
| Mar 31, 2022 | -13.80 Mn |
| Dec 31, 2021 | -12.21 Mn |
| Sep 30, 2021 | -12.08 Mn |
First Bancorp Provision for Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-losses&ticker=FBP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-losses", "ticker": "FBP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-losses&ticker=FBP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();