First Bancorp (FBP) Research & Development: 2010-2024
Historic Research & Development for First Bancorp (FBP) over the last 15 years, with Dec 2024 value amounting to $8.8 million.
- First Bancorp's Research & Development rose 2.38% to $2.3 million in Q4 2022 from the same period last year, while for Dec 2022 it was $8.7 million, marking a year-over-year decrease of 7.07%. This contributed to the annual value of $8.8 million for FY2024, which is 2.55% up from last year.
- First Bancorp's Research & Development amounted to $8.8 million in FY2024, which was up 2.55% from $8.6 million recorded in FY2023.
- First Bancorp's 5-year Research & Development high stood at $9.4 million for FY2021, and its period low was $8.4 million during FY2020.
- Over the past 3 years, First Bancorp's median Research & Development value was $8.7 million (recorded in 2022), while the average stood at $8.7 million.
- As far as peak fluctuations go, First Bancorp's Research & Development increased by 22.44% in 2020, and later decreased by 7.07% in 2022.
- Yearly analysis of 5 years shows First Bancorp's Research & Development stood at $8.4 million in 2020, then grew by 11.26% to $9.4 million in 2021, then declined by 7.07% to $8.7 million in 2022, then decreased by 1.86% to $8.6 million in 2023, then grew by 2.55% to $8.8 million in 2024.