First Bancorp (FNLC) Change in Net Loans (2010 - 2020)
First Bancorp (FNLC) posted quarterly Change in Net Loans of -$14.4 million for Q3 2020, down 200.85% year-over-year from $14.3 million in Q4 2019, and down 113.3% quarter-over-quarter from $108.3 million in Q2 2020.
First Bancorp (FNLC) Change in Net Loans (2010 - 2020) Analysis & Trends
First Bancorp (FNLC) has reported Change in Net Loans for 11 consecutive years, with -$14.4 million the latest figure, recorded in Q3 2020.
- In Q3 2020, Change in Net Loans fell 200.85% year-over-year to -$14.4 million; the TTM figure through Sep 2020 stood at $175.3 million (up 722.93% YoY), while the FY2019 annual figure was $59.6 million, down 21.27% from the prior year.
- Change in Net Loans fell to -$14.4 million in Q3 2020 per FNLC's latest filing, from $108.3 million in the prior quarter.
- Across five years, Change in Net Loans topped out at $108.3 million in Q2 2020 and bottomed at -$15.2 million in Q2 2019.
- Historically, Change in Net Loans has averaged $24.0 million across 5 years, with a median of $24.4 million in 2018.
- Annual changes were most pronounced in 2016 — Change in Net Loans plunged 1070.29% — and 2018, when it surged 2358.46%.
- First Bancorp's Change in Net Loans stood at $43.2 million in 2016, then grew by 3.17% to $44.5 million in 2017, then slumped by 109.46% to -$4.2 million in 2018, then soared by 910.0% to $34.1 million in 2019, then plunged by 142.22% to -$14.4 million in 2020.
- Business Quant data shows FNLC's Change in Net Loans at -$14.4 million in Q3 2020, $108.3 million in Q2 2020, and $47.4 million in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 6.72 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 288.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.13 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Bancorp | 382.19 Mn | 352.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | -14.41 Mn |
| Jun 30, 2020 | 108.27 Mn |
| Mar 31, 2020 | 47.35 Mn |
| Dec 31, 2019 | 34.12 Mn |
| Sep 30, 2019 | 14.28 Mn |
| Jun 30, 2019 | -15.24 Mn |
| Mar 31, 2019 | 26.47 Mn |
| Dec 31, 2018 | -4.21 Mn |
| Sep 30, 2018 | 19.18 Mn |
| Jun 30, 2018 | 36.42 Mn |
| Mar 31, 2018 | 24.36 Mn |
| Dec 31, 2017 | 44.54 Mn |
| Sep 30, 2017 | 780,000.00 |
| Jun 30, 2017 | 31.21 Mn |
| Mar 31, 2017 | 18.67 Mn |
| Dec 31, 2016 | 43.17 Mn |
| Sep 30, 2016 | -8.85 Mn |
| Jun 30, 2016 | 33.90 Mn |
| Mar 31, 2016 | 16.63 Mn |
| Dec 31, 2015 | 26.07 Mn |