First Bancorp (FBP) Rent Expense (2010 - 2025)

First Bancorp (FBP) has 16 years of Rent Expense data on file, last reported at $21.8 million in Q4 2025.

• On a quarterly basis, Rent Expense fell 4.28% year-over-year to $21.8 million in Q4 2025; TTM through Dec 2025 was $88.9 million, a 0.55% increase from a year earlier, with the FY2025 full-year figure at $88.9 million, up 0.55% from the prior year.
• Rent Expense for Q4 2025 stood at $21.8 million, down from $22.2 million in the prior quarter.
• Over the last five years, Rent Expense for FBP reached as high as $24.2 million in Q1 2021 and fell as low as $21.1 million in Q2 2023.
• Historically, Rent Expense has averaged $22.2 million across 5 years, with a median of $22.0 million in 2024.
• Across the five-year window, Rent Expense jumped 60.26% in 2021 and decreased 10.83% in 2022, its largest moves.
• Year by year, Rent Expense stood at $21.6 million in 2021, then rose by 1.18% to $21.8 million in 2022, then rose by 0.02% to $21.8 million in 2023, then increased by 4.23% to $22.8 million in 2024, then dropped by 4.28% to $21.8 million in 2025.
• Per Business Quant data, the three most recent Rent Expense figures were $21.8 million in Q4 2025, $22.2 million in Q3 2025, and $22.3 million in Q2 2025.