First Bancorp (FBP) Subordinated Debt (2010 - 2024)
First Bancorp (FBP) reported Subordinated Debt of $111.7 million for Q3 2024, down 30.9% from $161.7 million a year earlier and down 30.9% from the prior quarter.
First Bancorp (FBP) Subordinated Debt (2010 - 2024) Analysis & Trends
At the end of FY2023, First Bancorp posted Subordinated Debt of $161.7 million, down 12.0% from FY2022.
- Subordinated Debt has a five-year compound annual growth rate of -2.6% (FY2018 to FY2023).
- By year, Subordinated Debt came in at $183.8 million in FY2022 (unchanged), $183.8 million in FY2021 (unchanged), $183.76 million in FY2020 (-0.2%) and $184.15 million in FY2019 (unchanged).
- The Q3 2024 figure ranks as the lowest quarterly Subordinated Debt in data going back to Q4 2010.
- The year-over-year decline in Subordinated Debt has ranged between 0.0% (Q3 2022) and 30.9% (Q3 2024) over the last five years.
- Per Business Quant data, the three quarters before Q3 2024 came in at $161.7 million (Q2 2024), $161.7 million (Q1 2024) and $161.7 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Subordinated Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | - |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | - |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | - |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | - |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | - |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | - |
| 10 | First Bancorp | 4.01 Bn | -15.70 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 111.70 Mn |
| Jun 30, 2024 | 161.70 Mn |
| Mar 31, 2024 | 161.70 Mn |
| Dec 31, 2023 | 161.70 Mn |
| Sep 30, 2023 | 161.70 Mn |
| Jun 30, 2023 | 161.70 Mn |
| Mar 31, 2023 | 183.80 Mn |
| Dec 31, 2022 | 183.80 Mn |
| Sep 30, 2022 | 183.80 Mn |
| Jun 30, 2022 | 183.80 Mn |
| Mar 31, 2022 | 183.80 Mn |
| Dec 31, 2021 | 183.80 Mn |
| Sep 30, 2021 | 183.76 Mn |
| Jun 30, 2021 | 183.76 Mn |
| Mar 31, 2021 | 183.76 Mn |
| Dec 31, 2020 | 183.76 Mn |
| Sep 30, 2020 | 183.76 Mn |
| Jun 30, 2020 | 184.15 Mn |
| Mar 31, 2020 | 184.15 Mn |
| Dec 31, 2019 | 184.15 Mn |
First Bancorp Subordinated Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=subordinated-debt&ticker=FBP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "subordinated-debt", "ticker": "FBP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=subordinated-debt&ticker=FBP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();