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First Bancorp (FBP) Provisions: 2016-2022

Historic Provisions for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $15.7 million.

  • First Bancorp's Provisions rose 228.69% to $15.7 million in Q4 2022 from the same period last year, while for Dec 2022 it was $27.2 million, marking a year-over-year increase of 150.54%. This contributed to the annual value of $62.9 million for FY2024, which is 5.68% down from last year.
  • According to the latest figures from Q4 2022, First Bancorp's Provisions is $15.7 million, which was down 0.45% from $15.8 million recorded in Q3 2022.
  • Over the past 5 years, First Bancorp's Provisions peaked at $77.4 million during Q1 2020, and registered a low of -$26.3 million during Q2 2021.
  • Over the past 3 years, First Bancorp's median Provisions value was $10.2 million (recorded in 2020), while the average stood at $12.1 million.
  • Per our database at Business Quant, First Bancorp's Provisions slumped by 258.74% in 2021 and then spiked by 751,471.43% in 2022.
  • Over the past 5 years, First Bancorp's Provisions (Quarterly) stood at $7.6 million in 2018, then increased by 10.15% to $8.4 million in 2019, then dropped by 8.71% to $7.7 million in 2020, then tumbled by 258.74% to -$12.2 million in 2021, then skyrocketed by 228.69% to $15.7 million in 2022.
  • Its last three reported values are $15.7 million in Q4 2022, $15.8 million for Q3 2022, and $12.7 million during Q2 2022.