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First Bancorp (FBP) Tax Provisions: 2016-2022

Historic Tax Provisions for First Bancorp (FBP) over the last 7 years, with Dec 2022 value amounting to $33.3 million.

  • First Bancorp's Tax Provisions fell 19.91% to $33.3 million in Q4 2022 from the same period last year, while for Dec 2022 it was $142.5 million, marking a year-over-year decrease of 2.96%. This contributed to the annual value of $92.5 million for FY2024, which is 2.21% down from last year.
  • Latest data reveals that First Bancorp reported Tax Provisions of $33.3 million as of Q4 2022, which was up 4.01% from $32.0 million recorded in Q3 2022.
  • Over the past 5 years, First Bancorp's Tax Provisions peaked at $44.3 million during Q4 2018, and registered a low of -$12.3 million during Q3 2018.
  • Over the past 3 years, First Bancorp's median Tax Provisions value was $32.7 million (recorded in 2022), while the average stood at $25.3 million.
  • Per our database at Business Quant, First Bancorp's Tax Provisions plummeted by 209.80% in 2018 and then skyrocketed by 1,034.07% in 2021.
  • Over the past 5 years, First Bancorp's Tax Provisions (Quarterly) stood at $44.3 million in 2018, then slumped by 61.43% to $17.1 million in 2019, then decreased by 10.06% to $15.4 million in 2020, then surged by 170.50% to $41.6 million in 2021, then dropped by 19.91% to $33.3 million in 2022.
  • Its last three reported values are $33.3 million in Q4 2022, $32.0 million for Q3 2022, and $34.1 million during Q2 2022.