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| Date | Value |
|---|---|
| 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% |