First Bancorp (FNLC) Operating Expenses (2010 - 2026)
First Bancorp (FNLC) reported 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 17 years of Operating Expenses data on file, last reported at $13.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $13.6 million, up 6.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $51.7 million (up 7.17% YoY), and the FY2025 annual result was $50.9 million, up 8.0% from the prior year.
- Operating Expenses rose to $13.6 million in Q1 2026 per FNLC's latest filing, from $13.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $13.6 million in Q1 2026 and troughed at $10.2 million in Q2 2022.
- A 5-year average of $11.7 million and a median of $11.7 million in 2022 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 14.49% in 2022 and fell as far as 8.84% in 2022.
- A 5-year view of Operating Expenses shows it stood at $11.7 million in 2022, then retreated by 4.47% to $11.2 million in 2023, then increased by 8.56% to $12.1 million in 2024, then advanced by 8.12% to $13.1 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First Bancorp | 342.54 Mn | 318.93 Mn | - | 13.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 9.50 Mn |