First Bancorp (FNLC) Non Operating Interest Expenses (2010 - 2024)
First Bancorp's (FNLC) quarterly Non Operating Interest Expenses came in at $20.1 million in Q1 2024, up 75.78% year-over-year from $11.4 million in Q2 2023, and up 6.0% quarter-over-quarter from $19.0 million in Q4 2023.
First Bancorp (FNLC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
First Bancorp (FNLC) has reported Non Operating Interest Expenses for 15 consecutive years, with $20.1 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 75.78% year-over-year to $20.1 million in Q1 2024; TTM through Mar 2024 was $71.6 million, a 171.4% increase from a year earlier, with the FY2023 full-year figure at $63.0 million, up 273.27% from the prior year.
- Non Operating Interest Expenses was $20.1 million for Q1 2024 at First Bancorp, up from $19.0 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $20.1 million in Q1 2024 and troughed at $1.9 million in Q1 2022.
- A 5-year average of $7.5 million and a median of $4.3 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 46.68% in 2021 and jumped 497.96% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $3.5 million in 2020, then plunged by 33.32% to $2.3 million in 2021, then surged by 229.83% to $7.6 million in 2022, then surged by 149.72% to $19.0 million in 2023, then rose by 6.0% to $20.1 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $20.1 million (Q1 2024), $19.0 million (Q4 2023), and $17.3 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | First Bancorp | 396.79 Mn | 367.03 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 20.11 Mn |
| Dec 31, 2023 | 18.97 Mn |
| Sep 30, 2023 | 17.30 Mn |
| Jun 30, 2023 | 15.26 Mn |
| Mar 31, 2023 | 11.44 Mn |
| Dec 31, 2022 | 7.60 Mn |
| Sep 30, 2022 | 4.63 Mn |
| Jun 30, 2022 | 2.73 Mn |
| Mar 31, 2022 | 1.91 Mn |
| Dec 31, 2021 | 2.30 Mn |
| Sep 30, 2021 | 2.58 Mn |
| Jun 30, 2021 | 2.82 Mn |
| Mar 31, 2021 | 3.08 Mn |
| Dec 31, 2020 | 3.45 Mn |
| Sep 30, 2020 | 3.76 Mn |
| Jun 30, 2020 | 4.30 Mn |
| Mar 31, 2020 | 5.78 Mn |
| Dec 31, 2019 | 6.24 Mn |
| Sep 30, 2019 | 6.68 Mn |
| Jun 30, 2019 | 6.87 Mn |
First Bancorp Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=FNLC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=FNLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();