First Bancorp /Pr/ (FBP) Tax Rate (2012 - 2026)
First Bancorp (FBP) reported Tax Rate of 20.05% for Q2 2026, down 2.02 percentage points from 22.07% a year earlier and down 2.27 percentage points from the prior quarter.
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Analysis
First Bancorp /Pr/ (FBP) Tax Rate (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Bancorp's Tax Rate came in at 16.86%, down 5.62 percentage points year-over-year; for FY2025, it was 17.25%, down 6.39 percentage points from FY2024.
- Tax Rate has declined for four consecutive years, though with a five-year change of +5.17 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 23.64% in FY2024 (-0.16 pp), 23.80% in FY2023 (-8.04 pp), 31.84% in FY2022 (-2.47 pp) and 34.31% in FY2021 (+22.23 pp).
- Five-year quarterly Tax Rate spans a low of 5.37% in Q3 2025 and a high of 36.09% in Q4 2021.
- Year over year, Tax Rate has now declined in each of the last six quarters, with an average year-over-year change of -1.79 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q3 2021 (a gain of 51.11 percentage points); the low point was Q4 2023 (a drop of 24.94 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.32% (Q1 2026), 18.85% (Q4 2025) and 5.37% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.05% |
| Mar 31, 2026 | 22.32% |
| Dec 31, 2025 | 18.85% |
| Sep 30, 2025 | 5.37% |
| Jun 30, 2025 | 22.07% |
| Mar 31, 2025 | 23.17% |
| Dec 31, 2024 | 21.12% |
| Sep 30, 2024 | 23.55% |
| Jun 30, 2024 | 25.19% |
| Mar 31, 2024 | 24.59% |
| Dec 31, 2023 | 6.33% |
| Sep 30, 2023 | 24.77% |
| Jun 30, 2023 | 30.02% |
| Mar 31, 2023 | 31.12% |
| Dec 31, 2022 | 31.27% |
| Sep 30, 2022 | 30.04% |
| Jun 30, 2022 | 31.35% |
| Mar 31, 2022 | 34.25% |
| Dec 31, 2021 | 36.09% |
| Sep 30, 2021 | 32.91% |
API Access
First Bancorp /Pr/ Tax Rate 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=tax-rate&ticker=FBP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FBP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();