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First Bancorp (FBP) Tax Rate (2016 - 2022)

Historic Tax Rate for First Bancorp (FBP) over the last 7 years, with Q4 2022 value amounting to 31.27%.

  • First Bancorp's Tax Rate fell 48200.0% to 31.27% in Q4 2022 from the same period last year, while for Dec 2022 it was 31.83%, marking a year-over-year decrease of 24900.0%. This contributed to the annual value of 23.64% for FY2024, which is 1600.0% down from last year.
  • First Bancorp's Tax Rate amounted to 31.27% in Q4 2022, which was down 48200.0% from 30.04% recorded in Q3 2022.
  • In the past 5 years, First Bancorp's Tax Rate registered a high of 427.96% during Q1 2020, and its lowest value of 25.35% during Q3 2018.
  • For the 5-year period, First Bancorp's Tax Rate averaged around 42.23%, with its median value being 30.82% (2022).
  • Per our database at Business Quant, First Bancorp's Tax Rate skyrocketed by 3990500bps in 2020 and then tumbled by -3965400bps in 2021.
  • First Bancorp's Tax Rate (Quarter) stood at 74.01% in 2018, then tumbled by -57bps to 31.93% in 2019, then decreased by -26bps to 23.47% in 2020, then skyrocketed by 54bps to 36.09% in 2021, then decreased by -13bps to 31.27% in 2022.
  • Its Tax Rate was 31.27% in Q4 2022, compared to 30.04% in Q3 2022 and 31.35% in Q2 2022.