First Bancorp (FNLC) Operating Expenses (2010 - 2026)
First Bancorp's (FNLC) quarterly Operating Expenses came in at $13.6 million in Q1 2026, up 6.01% year-on-year from $12.8 million in Q1 2025, and up 3.69% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 6.01% year-over-year to $13.6 million in Q1 2026; TTM through Mar 2026 was $51.7 million, a 7.17% increase from a year earlier, with the FY2025 full-year figure at $50.9 million, up 8.0% from the prior year.
- Operating Expenses for Q1 2026 stood at $13.6 million, up from $13.1 million in the prior quarter.
- Over the last five years, Operating Expenses for FNLC reached as high as $13.6 million in Q1 2026 and fell as low as $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.
- Year by year, Operating Expenses stood at $11.7 million in 2022, then dropped by 4.47% to $11.2 million in 2023, then advanced by 8.56% to $12.1 million in 2024, then increased by 8.12% to $13.1 million in 2025, then gained by 3.69% to $13.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | First Bancorp | 389.43 Mn | 365.82 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 |