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First Bancorp (FBP) Research & Development (2016 - 2022)

Historic Research & Development for First Bancorp (FBP) over the last 7 years, with Q4 2022 value amounting to $2.3 million.

  • First Bancorp's Research & Development rose 238.1% to $2.3 million in Q4 2022 from the same period last year, while for Dec 2022 it was $8.8 million, marking a year-over-year decrease of 360.76%. This contributed to the annual value of $8.8 million for FY2024, which is 254.64% up from last year.
  • Per First Bancorp's latest filing, its Research & Development stood at $2.3 million for Q4 2022, which was up 238.1% from $2.3 million recorded in Q3 2022.
  • First Bancorp's 5-year Research & Development high stood at $2.5 million for Q4 2020, and its period low was $1.5 million during Q1 2018.
  • Over the past 5 years, First Bancorp's median Research & Development value was $1.9 million (recorded in 2020), while the average stood at $2.0 million.
  • As far as peak fluctuations go, First Bancorp's Research & Development soared by 5474.54% in 2020, and later crashed by 1782.3% in 2022.
  • Over the past 5 years, First Bancorp's Research & Development (Quarter) stood at $1.7 million in 2018, then dropped by 4.5% to $1.6 million in 2019, then skyrocketed by 54.75% to $2.5 million in 2020, then fell by 7.88% to $2.3 million in 2021, then rose by 2.38% to $2.3 million in 2022.
  • Its last three reported values are $2.3 million in Q4 2022, $2.3 million for Q3 2022, and $2.0 million during Q2 2022.