KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios

First Bancorp (FBP) Rent Expense: 2009-2024

Historic Rent Expense for First Bancorp (FBP) over the last 16 years, with Dec 2024 value amounting to $88.4 million.

  • First Bancorp's Rent Expense rose 1.18% to $21.8 million in Q4 2022 from the same period last year, while for Dec 2022 it was $88.3 million, marking a year-over-year decrease of 5.34%. This contributed to the annual value of $88.4 million for FY2024, which is 2.93% up from last year.
  • According to the latest figures from FY2024, First Bancorp's Rent Expense is $88.4 million, which was up 2.93% from $85.9 million recorded in FY2023.
  • First Bancorp's Rent Expense's 5-year high stood at $93.3 million during FY2021, with a 5-year trough of $74.6 million in FY2020.
  • Over the past 3 years, First Bancorp's median Rent Expense value was $88.3 million (recorded in 2022), while the average stood at $87.5 million.
  • Per our database at Business Quant, First Bancorp's Rent Expense increased by 24.95% in 2021 and then declined by 5.34% in 2022.
  • Over the past 5 years, First Bancorp's Rent Expense (Yearly) stood at $74.6 million in 2020, then grew by 24.95% to $93.3 million in 2021, then declined by 5.34% to $88.3 million in 2022, then dropped by 2.68% to $85.9 million in 2023, then climbed by 2.93% to $88.4 million in 2024.