First Bancorp (FNLC) Debt to Equity (2009 - 2026)
First Bancorp (FNLC) reported Debt to Equity of $0.35 for Q1 2026, down 21.33% year-over-year from $0.44 in Q1 2025, and up 7.26% quarter-over-quarter from $0.33 in Q4 2025.
First Bancorp (FNLC) Debt to Equity (2009 - 2026) Analysis & Trends
First Bancorp (FNLC) has 18 years of Debt to Equity data on file, last reported at $0.35 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.35, down 21.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.35 (down 21.33% YoY), and the FY2025 annual result was $0.33, up 60.55% from the prior year.
- Debt to Equity improved to $0.35 in Q1 2026 per FNLC's latest filing, from $0.33 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.66 in Q2 2024 and troughed at $0.2 in Q4 2024.
- A 5-year average of $0.38 and a median of $0.37 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity plunged 56.01% in 2022, then soared 70.36% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.45 in 2022, then sank by 36.56% to $0.29 in 2023, then declined by 29.12% to $0.2 in 2024, then soared by 60.55% to $0.33 in 2025, then increased by 7.26% to $0.35 in 2026.
- Business Quant data shows FNLC's Debt to Equity at $0.35 in Q1 2026, $0.33 in Q4 2025, and $0.21 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | 3.41 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | 0.66 |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 0.13 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 1.61 |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 0.19 |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 3.81 |
| 10 | First Bancorp | 342.54 Mn | 318.93 Mn | - | 0.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.66 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.45 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.75 |
| Jun 30, 2021 | 0.74 |