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.

• Rent Expense for Q4 2025 came in at $21.8 million, down 4.28% year-over-year; the trailing twelve-month figure through Dec 2025 was $88.9 million (up 0.55% YoY), and the FY2025 annual result was $88.9 million, up 0.55% from the prior year.
• Rent Expense slipped to $21.8 million in Q4 2025 per FBP's latest filing, from $22.2 million in the prior quarter.
• Over five years, Rent Expense peaked at $24.2 million in Q1 2021 and troughed at $21.1 million in Q2 2023.
• A 5-year average of $22.2 million and a median of $22.0 million in 2024 frame the typical range for Rent Expense.
• The sharpest annual moves came in 2021 and 2022: Rent Expense soared 60.26% in 2021, then dropped 10.83% in 2022.
• A 5-year view of Rent Expense shows it stood at $21.6 million in 2021, then climbed by 1.18% to $21.8 million in 2022, then climbed by 0.02% to $21.8 million in 2023, then advanced by 4.23% to $22.8 million in 2024, then retreated by 4.28% to $21.8 million in 2025.
• Business Quant data shows FBP's Rent Expense at $21.8 million in Q4 2025, $22.2 million in Q3 2025, and $22.3 million in Q2 2025.