First Bancorp (FBP) Rent Expense (2010 - 2026)

First Bancorp (FBP) has reported Rent Expense for 17 consecutive years, with $22.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Rent Expense fell 0.85% year-over-year to $22.1 million in Q2 2026; TTM through Jun 2026 was $88.2 million, a 2.18% decrease from a year earlier, with the FY2025 full-year figure at $88.9 million, up 0.55% from the prior year.
• Rent Expense was $22.1 million for Q2 2026 at First Bancorp, roughly flat from $22.1 million in the prior quarter.
• Over five years, Rent Expense peaked at $22.8 million in Q4 2024 and troughed at $21.1 million in Q2 2023.
• A 5-year average of $22.0 million and a median of $22.0 million in 2024 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense slipped 10.83% in 2022 and climbed 5.84% in 2025, its largest moves.
• Over 5 years, Rent Expense stood at $21.8 million in 2022, then advanced by 0.02% to $21.8 million in 2023, then gained by 4.23% to $22.8 million in 2024, then fell by 4.28% to $21.8 million in 2025, then rose by 1.43% to $22.1 million in 2026.
• The last three Rent Expense figures came in at $22.1 million (Q2 2026), $22.1 million (Q1 2026), and $21.8 million (Q4 2025), per Business Quant data.