First Bancorp (FBP) Provisions (2016 - 2022)
First Bancorp (FBP) has disclosed Provisions for 7 consecutive years, with $15.7 million as the latest value for Q4 2022.
- Quarterly Provisions rose 196.87% to $15.7 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $27.2 million through Dec 2022, up 138.9% year-over-year, with the annual reading at $86.0 million for FY2025, 43.46% up from the prior year.
- Provisions for Q4 2022 was $15.7 million at First Bancorp, roughly flat from $15.8 million in the prior quarter.
- The five-year high for Provisions was $77.4 million in Q1 2020, with the low at -$26.3 million in Q2 2021.
- Average Provisions over 5 years is $11.7 million, with a median of $12.1 million recorded in 2019.
- The sharpest move saw Provisions soared 3324.0% in 2018, then crashed 230.23% in 2021.
- Over 5 years, Provisions stood at $7.6 million in 2018, then rose by 10.15% to $8.4 million in 2019, then skyrocketed by 47.82% to $12.5 million in 2020, then plummeted by 230.23% to -$16.2 million in 2021, then skyrocketed by 196.87% to $15.7 million in 2022.
- According to Business Quant data, Provisions over the past three periods came in at $15.7 million, $15.8 million, and $12.7 million for Q4 2022, Q3 2022, and Q2 2022 respectively.