First Bancorp (FNLC) Tax Provisions (2010 - 2026)
First Bancorp (FNLC) posted quarterly Tax Provisions of $1.9 million for Q1 2026, up 28.43% year-over-year from $1.5 million in Q1 2025, and down 15.81% quarter-over-quarter from $2.3 million in Q4 2025.
First Bancorp (FNLC) Tax Provisions (2010 - 2026) Analysis & Trends
First Bancorp (FNLC) has reported Tax Provisions for 17 consecutive years, with $1.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 28.43% year-over-year to $1.9 million; the TTM figure through Mar 2026 stood at $8.0 million (up 37.95% YoY), while the FY2025 annual figure was $7.5 million, up 36.22% from the prior year.
- Tax Provisions retreated to $1.9 million in Q1 2026 per FNLC's latest filing, from $2.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $2.3 million in Q4 2025 and bottomed at $1.3 million in Q1 2024.
- Historically, Tax Provisions has averaged $1.7 million across 5 years, with a median of $1.7 million in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions retreated 29.41% — and 2025, when it soared 62.37%.
- First Bancorp's Tax Provisions stood at $2.0 million in 2022, then dropped by 28.48% to $1.4 million in 2023, then declined by 0.92% to $1.4 million in 2024, then surged by 62.37% to $2.3 million in 2025, then retreated by 15.81% to $1.9 million in 2026.
- Business Quant data shows FNLC's Tax Provisions at $1.9 million in Q1 2026, $2.3 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | First Bancorp | 386.41 Mn | 356.65 Mn | - | 1.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Mn |
| Mar 31, 2026 | 1.91 Mn |
| Dec 31, 2025 | 2.27 Mn |
| Sep 30, 2025 | 2.00 Mn |
| Jun 30, 2025 | 1.79 Mn |
| Mar 31, 2025 | 1.49 Mn |
| Dec 31, 2024 | 1.40 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 1.30 Mn |
| Mar 31, 2024 | 1.25 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Sep 30, 2023 | 1.57 Mn |
| Jun 30, 2023 | 1.54 Mn |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 1.97 Mn |
| Sep 30, 2022 | 2.22 Mn |
| Jun 30, 2022 | 2.16 Mn |
| Mar 31, 2022 | 2.05 Mn |
| Dec 31, 2021 | 2.05 Mn |
| Sep 30, 2021 | 1.92 Mn |