First Bancorp (FNLC) Operating Expenses (2010 - 2026)
First Bancorp (FNLC) posted quarterly Operating Expenses of $13.6 million for Q1 2026, up 6.01% year-over-year from $12.8 million in Q1 2025, and up 3.69% quarter-over-quarter from $13.1 million in Q4 2025.
First Bancorp (FNLC) Operating Expenses (2010 - 2026) Analysis & Trends
First Bancorp (FNLC) has reported Operating Expenses for 17 consecutive years, with $13.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.01% year-over-year to $13.6 million; the TTM figure through Mar 2026 stood at $51.7 million (up 7.17% YoY), while the FY2025 annual figure was $50.9 million, up 8.0% from the prior year.
- Operating Expenses climbed to $13.6 million in Q1 2026 per FNLC's latest filing, from $13.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $13.6 million in Q1 2026 and bottomed at $10.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $11.7 million across 5 years, with a median of $11.7 million in 2022.
- On a YoY basis, Operating Expenses climbed as much as 14.49% in 2022 and fell as far as 8.84% in 2022.
- First Bancorp's Operating Expenses stood at $11.7 million in 2022, then decreased by 4.47% to $11.2 million in 2023, then rose by 8.56% to $12.1 million in 2024, then climbed by 8.12% to $13.1 million in 2025, then increased by 3.69% to $13.6 million in 2026.
- Business Quant data shows FNLC's Operating Expenses at $13.6 million in Q1 2026, $13.1 million in Q4 2025, and $12.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | First Bancorp | 386.41 Mn | 356.65 Mn | - | 13.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.38 Mn |
| Mar 31, 2026 | 13.62 Mn |
| Dec 31, 2025 | 13.13 Mn |
| Sep 30, 2025 | 12.75 Mn |
| Jun 30, 2025 | 12.20 Mn |
| Mar 31, 2025 | 12.84 Mn |
| Dec 31, 2024 | 12.15 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 11.25 Mn |
| Mar 31, 2024 | 11.76 Mn |
| Dec 31, 2023 | 11.19 Mn |
| Sep 30, 2023 | 11.01 Mn |
| Jun 30, 2023 | 10.72 Mn |
| Mar 31, 2023 | 10.85 Mn |
| Dec 31, 2022 | 11.71 Mn |
| Sep 30, 2022 | 11.37 Mn |
| Jun 30, 2022 | 10.17 Mn |
| Mar 31, 2022 | 10.65 Mn |
| Dec 31, 2021 | 12.85 Mn |
| Sep 30, 2021 | 9.93 Mn |