First Bancorp (FBP) Research & Development (2012 - 2026)
First Bancorp (FBP) posted quarterly Research & Development of $2.3 million for Q4 2025, up 1.47% year-over-year from $2.3 million in Q4 2024, and little changed quarter-over-quarter from $2.3 million in Q3 2025.
First Bancorp (FBP) Research & Development (2012 - 2026) Analysis & Trends
First Bancorp (FBP) has reported Research & Development for 14 consecutive years, with $2.3 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Research & Development rose 1.47% year-over-year to $2.3 million; the TTM figure through Dec 2025 stood at $9.0 million (up 2.87% YoY), while the FY2025 annual figure 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.
- Across five years, Research & Development topped out at $2.5 million in Q1 2021 and bottomed at $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.
- Annual changes were most pronounced in 2021 — Research & Development jumped 31.17% — and 2022, when it declined 17.82%.
- First Bancorp's Research & Development stood at $2.3 million in 2021, then advanced by 2.38% to $2.3 million in 2022, then slipped by 8.1% to $2.1 million in 2023, then increased by 5.48% to $2.3 million in 2024, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | First Bancorp | 4.34 Bn | -15.25 Bn | - | 2.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.23 Mn |
| Dec 31, 2025 | 2.28 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | 2.21 Mn |
| Mar 31, 2025 | 2.25 Mn |
| Dec 31, 2024 | 2.25 Mn |
| Sep 30, 2024 | 2.17 Mn |
| Jun 30, 2024 | 2.26 Mn |
| Mar 31, 2024 | 2.10 Mn |
| Dec 31, 2023 | 2.13 Mn |
| Sep 30, 2023 | 2.22 Mn |
| Jun 30, 2023 | 1.99 Mn |
| Mar 31, 2023 | 2.22 Mn |
| Dec 31, 2022 | 2.32 Mn |
| Sep 30, 2022 | 2.27 Mn |
| Jun 30, 2022 | 1.98 Mn |
| Mar 31, 2022 | 2.15 Mn |
| Dec 31, 2021 | 2.27 Mn |
| Sep 30, 2021 | 2.25 Mn |
| Jun 30, 2021 | 2.41 Mn |