KPIs & Operating Metrics(New)

First Bancorp (FBP) Restructuring Costs (2019 - 2021)

First Bancorp (FBP) has disclosed Restructuring Costs for 3 consecutive years, with $64.3 million as the latest value for Q4 2021.

  • Quarterly Restructuring Costs rose 69.66% to $64.3 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $64.3 million through Sep 2022, up 2.91% year-over-year, with the annual reading at $26.4 million for FY2021, 0.25% changed from the prior year.
  • Restructuring Costs for Q4 2021 was $64.3 million at First Bancorp, up from $2.3 million in the prior quarter.
  • The five-year high for Restructuring Costs was $64.3 million in Q4 2021, with the low at $592000.0 in Q3 2019.
  • Average Restructuring Costs over 3 years is $15.2 million, with a median of $10.6 million recorded in 2019.
  • The sharpest move saw Restructuring Costs surged 1663.68% in 2020, then tumbled 78.28% in 2021.
  • Over 3 years, Restructuring Costs stood at $10.8 million in 2019, then surged by 250.93% to $37.9 million in 2020, then soared by 69.66% to $64.3 million in 2021.
  • According to Business Quant data, Restructuring Costs over the past three periods came in at $64.3 million, $2.3 million, and $11.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.