First Bancorp (FBP) Provisions: 2009-2024
Historic Provisions for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $62.9 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.
- Per First Bancorp's latest filing, its Provisions stood at $62.9 million for FY2024, which was down 5.68% from $66.6 million recorded in FY2023.
- Over the past 5 years, First Bancorp's Provisions peaked at $171.0 million during FY2020, and registered a low of -$65.7 million during FY2021.
- Moreover, its 3-year median value for Provisions was $62.9 million (2024), whereas its average is $52.4 million.
- As far as peak fluctuations go, First Bancorp's Provisions skyrocketed by 325.07% in 2020, and later slumped by 138.42% in 2021.
- Over the past 5 years, First Bancorp's Provisions (Yearly) stood at $171.0 million in 2020, then slumped by 138.42% to -$65.7 million in 2021, then spiked by 142.16% to $27.7 million in 2022, then surged by 140.63% to $66.6 million in 2023, then declined by 5.68% to $62.9 million in 2024.