First Bancorp (FBP) Tax Provisions (2016 - 2022)
First Bancorp (FBP) has disclosed Tax Provisions for 7 consecutive years, with $33.4 million as the latest value for Q4 2022.
- Quarterly Tax Provisions fell 19.86% to $33.4 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $142.5 million through Dec 2022, down 2.95% year-over-year, with the annual reading at $71.9 million for FY2025, 22.29% down from the prior year.
- Tax Provisions for Q4 2022 was $33.4 million at First Bancorp, up from $32.0 million in the prior quarter.
- The five-year high for Tax Provisions was $43.0 million in Q1 2022, with the low at -$37.9 million in Q4 2019.
- Average Tax Provisions over 5 years is $15.5 million, with a median of $18.6 million recorded in 2018.
- The sharpest move saw Tax Provisions plummeted 296.64% in 2019, then soared 1034.07% in 2021.
- Over 5 years, Tax Provisions stood at $19.3 million in 2018, then tumbled by 296.64% to -$37.9 million in 2019, then soared by 140.49% to $15.4 million in 2020, then soared by 171.15% to $41.6 million in 2021, then fell by 19.86% to $33.4 million in 2022.
- According to Business Quant data, Tax Provisions over the past three periods came in at $33.4 million, $32.0 million, and $34.1 million for Q4 2022, Q3 2022, and Q2 2022 respectively.