First Bancorp (FNLC) Tax Rate (2010 - 2026)

First Bancorp (FNLC) reported Tax Rate of 17.53% for Q1 2026, up 15.0% year-over-year from 15.24% in Q1 2025, and down 3.94% quarter-over-quarter from 18.24% in Q4 2025.

First Bancorp (FNLC) Tax Rate (2010 - 2026) Analysis & Trends

First Bancorp (FNLC) has 17 years of Tax Rate data on file, last reported at 17.53% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 17.53%, up 15.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.0% (up 95.0% YoY), and the FY2025 annual result was 17.99%, up 99.0% from the prior year.
  • Tax Rate slipped to 17.53% in Q1 2026 per FNLC's latest filing, from 18.24% in the prior quarter.
  • Over five years, Tax Rate peaked at 18.24% in Q4 2025 and troughed at 16.11% in Q4 2024.
  • A 5-year average of 17.5% and a median of 17.42% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 134 bps in 2024, then jumped 214 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 17.66% in 2022, then fell by 1 bps to 17.44% in 2023, then dropped by 8 bps to 16.11% in 2024, then advanced by 13 bps to 18.24% in 2025, then declined by 4 bps to 17.53% in 2026.
  • Business Quant data shows FNLC's Tax Rate at 17.53% in Q1 2026, 18.24% in Q4 2025, and 18.03% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 First Bancorp 342.54 Mn 318.93 Mn - 17.53%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.53%
Mar 31, 2026 17.53%
Dec 31, 2025 18.24%
Dec 31, 2025 18.24%
Sep 30, 2025 18.03%
Sep 30, 2025 18.03%
Jun 30, 2025 18.17%
Jun 30, 2025 18.17%
Mar 31, 2025 17.37%
Mar 31, 2025 17.37%
Dec 31, 2024 16.11%
Dec 31, 2024 16.11%
Sep 30, 2024 17.37%
Sep 30, 2024 17.37%
Jun 30, 2024 17.39%
Jun 30, 2024 17.39%
Mar 31, 2024 17.20%
Mar 31, 2024 17.20%
Dec 31, 2023 17.44%
Dec 31, 2023 17.44%