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.

• On a quarterly basis, Research & Development rose 1.47% year-over-year to $2.3 million in Q4 2025; TTM through Dec 2025 was $9.0 million, a 2.87% increase from a year earlier, with the FY2025 full-year figure at $9.0 million, up 2.87% from the prior year.
• Research & Development for Q4 2025 stood at $2.3 million, roughly flat from $2.3 million in the prior quarter.
• Over the last five years, Research & Development for FBP reached as high as $2.5 million in Q1 2021 and fell as low as $2.0 million in Q2 2022.
• Historically, Research & Development has averaged $2.2 million across 5 years, with a median of $2.2 million in 2021.
• Across the five-year window, Research & Development surged 31.17% in 2021 and slipped 17.82% in 2022, its largest moves.
• Year by year, Research & Development stood at $2.3 million in 2021, then grew by 2.38% to $2.3 million in 2022, then declined by 8.1% to $2.1 million in 2023, then gained by 5.48% to $2.3 million in 2024, then grew by 1.47% to $2.3 million in 2025.
• Per Business Quant data, the three most recent Research & Development figures were $2.3 million in Q4 2025, $2.3 million in Q3 2025, and $2.2 million in Q2 2025.