First Bancorp (FBP) Tax Rate (2010 - 2025)
First Bancorp (FBP) reported Tax Rate of 18.88% for Q4 2025, down 224.0% year-over-year from 15.23% in Q4 2024, and up 252.11% quarter-over-quarter from 5.36% in Q3 2025.
First Bancorp (FBP) Tax Rate (2010 - 2025) Analysis & Trends
First Bancorp (FBP) has 16 years of Tax Rate data on file, last reported at 18.88% in Q4 2025.
- Tax Rate for Q4 2025 came in at 18.88%, down 224.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 17.24% (down 639.0% YoY), and the FY2025 annual result was 17.25%, down 639.0% from the prior year.
- Tax Rate improved to 18.88% in Q4 2025 per FBP's latest filing, from 5.36% in the prior quarter.
- Over five years, Tax Rate peaked at 36.24% in Q2 2021 and troughed at 5.36% in Q3 2025.
- A 5-year average of 25.98% and a median of 27.6% in 2022 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 5105 bps in 2021 and fell as far as 39185 bps in 2021.
- A 5-year view of Tax Rate shows it stood at 36.11% in 2021, then slipped by 13 bps to 31.31% in 2022, then tumbled by 80 bps to 6.34% in 2023, then surged by 233 bps to 21.12% in 2024, then slipped by 11 bps to 18.88% in 2025.
- Business Quant data shows FBP's Tax Rate at 18.88% in Q4 2025, 5.36% in Q3 2025, and 22.06% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | First Bancorp | 4.07 Bn | 4.07 Bn | - | 18.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.88% |
| Dec 31, 2025 | 18.88% |
| Sep 30, 2025 | 5.36% |
| Sep 30, 2025 | 5.36% |
| Jun 30, 2025 | 22.06% |
| Jun 30, 2025 | 22.06% |
| Mar 31, 2025 | 23.13% |
| Mar 31, 2025 | 23.13% |
| Dec 31, 2024 | 21.12% |
| Dec 31, 2024 | 21.12% |
| Sep 30, 2024 | 23.55% |
| Sep 30, 2024 | 23.55% |
| Jun 30, 2024 | 25.19% |
| Jun 30, 2024 | 25.19% |
| Mar 31, 2024 | 24.59% |
| Mar 31, 2024 | 24.59% |
| Dec 31, 2023 | 6.34% |
| Dec 31, 2023 | 6.34% |
| Sep 30, 2023 | 24.74% |
| Sep 30, 2023 | 24.74% |