KPIs & Operating Metrics(New)

Balance Sheet

Cash Flow Statement

Daily Values

Growth Metrics

Income Statement

Card Income Consolidated Net Income EBIT EBITDA EBT EPS (Basic)EPS (Weighted Average and Diluted)Financial Services Fees Income from Continuing Operations Income towards Parent Company Interest Expense - Debt Interest Expense - Deposits Interest Expense - Fed Funds Interest Expense - Others Interest Expenses Interest Expenses Interest Income - Debt Securities Interest Income - Deposits Interest Income - Net Interest Income - Total Interest Income - Total Interest income - Investments Interest income - Loans Investment Banking Income Investment Gain (Loss)Mortgage Banking Net Income towards Common Stockholders Non Operating Investment Income Non Operating Investment Income Non-Interest Income Operating Expenses Other Non Operating Income Other Non-Interest Income Other Operating Expenses Other interest income Profit After Tax Provisions Rent Expense Research & Development Restructuring Costs Revenue Service Charges Shares Outstanding Shares Outstanding (Weighted Average)Tax Provisions Tax Rate Tax Rate Wages, Salaries and Other

Others

Accumulated Depreciation & Amortization Accumulated Depreciation & Amortization Leases Long-Term Debt Issuances Long-Term Debt Repayments Machine, Furnitures, Fixtures & Other Other Gross PP&E Adjustments Other Gross PP&E Adjustments Property, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - Accured Receivables - Other Rent Expense Revenue (Gross)Shares Outstanding Shares Outstanding Shares Repurchased Short-Term Debt issuances Wages, Salaries and Other

First Bancorp (FBP) Rent Expense (2016 - 2022)

First Bancorp (FBP) has disclosed Rent Expense for 7 consecutive years, with $21.8 million as the latest value for Q4 2022.

Quarterly Rent Expense rose 1.18% to $21.8 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $88.3 million through Dec 2022, down 5.34% year-over-year, with the annual reading at $88.9 million for FY2025, 0.55% up from the prior year.
Rent Expense for Q4 2022 was $21.8 million at First Bancorp, down from $22.5 million in the prior quarter.
The five-year high for Rent Expense was $24.2 million in Q1 2021, with the low at $13.7 million in Q2 2018.
Average Rent Expense over 5 years is $18.9 million, with a median of $17.7 million recorded in 2020.
The sharpest move saw Rent Expense skyrocketed 60.26% in 2021, then decreased 10.83% in 2022.
Over 5 years, Rent Expense stood at $14.4 million in 2018, then increased by 11.92% to $16.2 million in 2019, then skyrocketed by 49.01% to $24.1 million in 2020, then decreased by 10.29% to $21.6 million in 2021, then increased by 1.18% to $21.8 million in 2022.
According to Business Quant data, Rent Expense over the past three periods came in at $21.8 million, $22.5 million, and $21.5 million for Q4 2022, Q3 2022, and Q2 2022 respectively.