First Bancorp (FNLC) Operating Expenses (2009 - 2026)
First Bancorp (FNLC) reported Operating Expenses of $13.55 million for Q3 2026, up 6.2% from $12.75 million a year earlier and up 1.3% from the prior quarter.
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Analysis
First Bancorp (FNLC) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, First Bancorp's Operating Expenses came in at $53.67 million, up 7.5% year-over-year; for FY2025, it was $50.93 million, up 8.0% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- By year, Operating Expenses came in at $47.16 million in FY2024 (+7.8%), $43.76 million in FY2023 (-0.3%), $43.9 million in FY2022 (+4.2%) and $42.15 million in FY2021 (+6.3%).
- Five-year quarterly Operating Expenses spans a low of $10.17 million in Q2 2022 and a high of $13.62 million in Q1 2026.
- Year over year, Operating Expenses has now increased in each of the last 11 quarters, with growth averaging 7.8% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2021 (growth of 23.3%); the low point was Q4 2022 (a decline of 8.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $13.38 million (Q2 2026), $13.62 million (Q1 2026) and $13.13 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 27.30 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 19.72 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 8.82 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 13.71 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 7.02 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 11.31 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 13.74 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 17.50 Bn |
| 10 | First Bancorp | 417.68 Mn | 304.42 Mn | - | 13.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.55 Mn |
| 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 |
API Access
First Bancorp Operating 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=operating-expenses&ticker=FNLC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-expenses&ticker=FNLC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();