First Bancorp (FBP) Restructuring Costs (2012 - 2021)

First Bancorp (FBP) has reported Restructuring Costs for 7 consecutive years, with $1.9 million the latest figure, recorded in Q4 2021.

• On a quarterly basis, Restructuring Costs fell 84.96% year-over-year to $1.9 million in Q4 2021; TTM through Sep 2022 was $1.9 million, a 94.98% decrease from a year earlier, with the FY2021 full-year figure at $26.4 million, changed 0.28% from the prior year.
• Restructuring Costs was $1.9 million for Q4 2021 at First Bancorp, down from $2.3 million in the prior quarter.
• Over five years, Restructuring Costs peaked at $12.3 million in Q4 2020 and troughed at $592000.0 in Q3 2019.
• A 3-year average of $7.6 million and a median of $10.6 million in 2019 frame the typical range for Restructuring Costs.
• Across the five-year window, Restructuring Costs soared 1663.68% in 2020 and slumped 84.96% in 2021, its largest moves.
• Over 3 years, Restructuring Costs stood at $10.8 million in 2019, then grew by 14.08% to $12.3 million in 2020, then plunged by 84.96% to $1.9 million in 2021.
• The last three Restructuring Costs figures came in at $1.9 million (Q4 2021), $2.3 million (Q3 2021), and $11.0 million (Q2 2021), per Business Quant data.