First Bancorp (FNLC) Rent Expense: 2016-2025

Historic Rent Expense for First Bancorp (FNLC) over the last 10 years, with Sep 2025 value amounting to $814,000.

  • First Bancorp's Rent Expense fell 1.09% to $814,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $3.4 million, marking a year-over-year increase of 1.52%. This contributed to the annual value of $3.4 million for FY2024, which is 1.63% up from last year.
  • Latest data reveals that First Bancorp reported Rent Expense of $814,000 as of Q3 2025, which was down 7.08% from $876,000 recorded in Q2 2025.
  • In the past 5 years, First Bancorp's Rent Expense registered a high of $877,000 during Q1 2025, and its lowest value of $660,000 during Q2 2021.
  • Over the past 3 years, First Bancorp's median Rent Expense value was $842,000 (recorded in 2023), while the average stood at $841,727.
  • Its Rent Expense has fluctuated over the past 5 years, first dropped by 5.04% in 2021, then increased by 13.48% in 2022.
  • Quarterly analysis of 5 years shows First Bancorp's Rent Expense stood at $693,000 in 2021, then grew by 8.80% to $754,000 in 2022, then increased by 9.42% to $825,000 in 2023, then grew by 1.94% to $841,000 in 2024, then decreased by 1.09% to $814,000 in 2025.
  • Its Rent Expense stands at $814,000 for Q3 2025, versus $876,000 for Q2 2025 and $877,000 for Q1 2025.