First Bancorp (FNLC) Interest Expense - Debt (2009 - 2026)
First Bancorp (FNLC) reported Interest Expense - Debt of $1.79 million for Q2 2026, up 6.0% from $1.69 million a year earlier and up 2.6% from the prior quarter.
First Bancorp (FNLC) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Bancorp's Interest Expense - Debt came in at $6.41 million, up 2.6% year-over-year; for FY2025, it came in at $6.2 million, up 12.4% from FY2024.
- Interest Expense - Debt has increased for three consecutive years, with a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $5.51 million in FY2024 (+180.7%), $1.96 million in FY2023 (+30.0%), $1.51 million in FY2022 (-56.4%) and $3.46 million in FY2021 (+10.1%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expense - Debt in data going back to Q1 2010.
- Year over year, Interest Expense - Debt has now increased in each of the last three quarters, with growth averaging 99.3% over the last eight quarters.
- The high point for year-over-year Interest Expense - Debt in five years was Q3 2024 (growth of 473.7%); the low point was Q1 2022 (a decline of 67.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.75 million (Q1 2026), $1.3 million (Q4 2025) and $1.57 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 4.66 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 3.08 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 3.46 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 1.07 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 3.05 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 2.43 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 39.83 Bn |
| 10 | First Bancorp | 417.68 Mn | 304.42 Mn | - | 1.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.80 Mn |
| Jun 30, 2026 | -23.21 Mn |
| Mar 31, 2026 | 1.75 Mn |
| Dec 31, 2025 | 500.80 Mn |
| Sep 30, 2025 | 2.07 Mn |
| Jun 30, 2025 | 26.69 Mn |
| Mar 31, 2025 | -23.36 Mn |
| Dec 31, 2024 | 1.15 Mn |
| Sep 30, 2024 | 26.77 Mn |
| Jun 30, 2024 | 1.67 Mn |
| Mar 31, 2024 | 70.93 Mn |
| Dec 31, 2023 | 265,000.00 |
| Sep 30, 2023 | -24.69 Mn |
| Jun 30, 2023 | 25.79 Mn |
| Mar 31, 2023 | 519,000.00 |
| Dec 31, 2022 | 425,000.00 |
| Sep 30, 2022 | 462,000.00 |
| Jun 30, 2022 | -54.67 Mn |
| Mar 31, 2022 | 286,000.00 |
| Dec 31, 2021 | 784,000.00 |
First Bancorp Interest Expense - Debt 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=interest-expense-debt&ticker=FNLC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "FNLC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=FNLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();