First Bancorp (FBP) Restructuring Costs (2012 - 2021)
First Bancorp (FBP) posted quarterly Restructuring Costs of $1.8 million for Q4 2021, down 85.23% year-over-year from $12.3 million in Q4 2020, and down 19.84% quarter-over-quarter from $2.3 million in Q3 2021.
First Bancorp (FBP) Restructuring Costs (2012 - 2021) Analysis & Trends
First Bancorp (FBP) has reported Restructuring Costs for 7 consecutive years, with $1.8 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Restructuring Costs fell 85.23% year-over-year to $1.8 million; the TTM figure through Sep 2022 stood at $1.8 million (down 95.07% YoY), while the FY2021 annual figure was $26.4 million, changed 0.38% from the prior year.
- Restructuring Costs eased to $1.8 million in Q4 2021 per FBP's latest filing, from $2.3 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $12.3 million in Q4 2020 and bottomed at $592000.0 in Q3 2019.
- Historically, Restructuring Costs has averaged $7.6 million across 3 years, with a median of $10.6 million in 2019.
- Annual changes were most pronounced in 2020 — Restructuring Costs jumped 1663.68% — and 2021, when it tumbled 85.23%.
- First Bancorp's Restructuring Costs stood at $10.8 million in 2019, then climbed by 13.92% to $12.3 million in 2020, then sank by 85.23% to $1.8 million in 2021.
- Business Quant data shows FBP's Restructuring Costs at $1.8 million in Q4 2021, $2.3 million in Q3 2021, and $11.0 million in Q2 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 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 | - |
| 10 | First Bancorp | 4.34 Bn | -15.25 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 1.82 Mn |
| Sep 30, 2021 | 2.27 Mn |
| Jun 30, 2021 | 11.05 Mn |
| Mar 31, 2021 | 11.27 Mn |
| Dec 31, 2020 | 12.31 Mn |
| Sep 30, 2020 | 10.44 Mn |
| Jun 30, 2020 | 2.90 Mn |
| Mar 31, 2020 | 12.20 Mn |
| Dec 31, 2019 | 10.81 Mn |
| Sep 30, 2019 | 592,000.00 |
| Dec 31, 2015 | 8.15 Mn |
| Dec 31, 2014 | 6.35 Mn |
| Jun 30, 2013 | 66.57 Mn |
| Dec 31, 2012 | 13.32 Mn |