First Bancorp (FBP) Research & Development (2012 - 2025)

First Bancorp (FBP) has 14 years of Research & Development data on file, last reported at $2.3 million in Q4 2025.

• Research & Development for Q4 2025 came in at $2.3 million, up 1.47% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.0 million (up 2.87% YoY), and the FY2025 annual result was $9.0 million, up 2.87% from the prior year.
• Research & Development held at $2.3 million in Q4 2025 per FBP's latest filing, from $2.3 million in the prior quarter.
• Over five years, Research & Development peaked at $2.5 million in Q1 2021 and troughed at $2.0 million in Q2 2022.
• A 5-year average of $2.2 million and a median of $2.2 million in 2021 frame the typical range for Research & Development.
• The sharpest annual moves came in 2021 and 2022: Research & Development jumped 31.17% in 2021, then declined 17.82% in 2022.
• A 5-year view of Research & Development shows it stood at $2.3 million in 2021, then gained by 2.38% to $2.3 million in 2022, then decreased by 8.1% to $2.1 million in 2023, then grew by 5.48% to $2.3 million in 2024, then gained by 1.47% to $2.3 million in 2025.
• Business Quant data shows FBP's Research & Development at $2.3 million in Q4 2025, $2.3 million in Q3 2025, and $2.2 million in Q2 2025.