First Bancorp Operating Expenses Growth & History (FBP)
First Bancorp's operating expenses was $498.1M for fiscal 2025.
View full First Bancorp company overviewFirst Bancorp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $498.1M | $11.1M | +2.27% |
| 2024 | 2024-12-31 | $487.1M | $15.6M | +3.32% |
| 2023 | 2023-12-31 | $471.4M | $28.3M | +6.39% |
| 2022 | 2022-12-31 | $443.1M | −$45.9M | −9.38% |
| 2021 | 2021-12-31 | $489.0M | $64.7M | +15.26% |
| 2020 | 2020-12-31 | $424.2M | $45.8M | +12.09% |
| 2019 | 2019-12-31 | $378.5M | $20.4M | +5.70% |
| 2018 | 2018-12-31 | $358.1M | $10.4M | +2.98% |
| 2017 | 2017-12-31 | $347.7M | −$7.4M | −2.08% |
| 2016 | 2016-12-31 | $355.1M | −$28.8M | −7.49% |
| 2015 | 2015-12-31 | $383.8M | $5.6M | +1.47% |
| 2014 | 2014-12-31 | $378.3M | −$36.8M | −8.86% |
| 2013 | 2013-12-31 | $415.0M | $60.1M | +16.95% |
| 2012 | 2012-12-31 | $354.9M | $16.8M | +4.98% |
| 2011 | 2011-12-31 | $338.1M | −$28.1M | −7.68% |
| 2010 | 2010-12-31 | $366.2M | $14.1M | +3.99% |
| 2009 | 2009-12-31 | $352.1M | — | — |
First Bancorp quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $127.3M | $4.0M | +3.23% |
| Q1 2026 | 2026-03-31 | $127.1M | $4.1M | +3.32% |
| Q4 2025 | 2025-12-31 | $126.9M | $2.3M | +1.88% |
| Q3 2025 | 2025-09-30 | $124.9M | $2.0M | +1.59% |
| Q2 2025 | 2025-06-30 | $123.3M | $4.7M | +3.92% |
| Q1 2025 | 2025-03-31 | $123.0M | $2.1M | +1.74% |
| Q4 2024 | 2024-12-31 | $124.5M | −$2.1M | −1.64% |
| Q3 2024 | 2024-09-30 | $122.9M | $6.3M | +5.40% |
| Q2 2024 | 2024-06-30 | $118.7M | $5.8M | +5.11% |
| Q1 2024 | 2024-03-31 | $120.9M | $5.7M | +4.91% |
| Q4 2023 | 2023-12-31 | $126.6M | $13.7M | +12.11% |
| Q3 2023 | 2023-09-30 | $116.6M | $1.4M | +1.26% |
| Q2 2023 | 2023-06-30 | $112.9M | $4.6M | +4.24% |
| Q1 2023 | 2023-03-31 | $115.3M | $8.6M | +8.07% |
| Q4 2022 | 2022-12-31 | $112.9M | $1.5M | +1.32% |
| Q3 2022 | 2022-09-30 | $115.2M | $1.2M | +1.01% |
| Q2 2022 | 2022-06-30 | $108.3M | −$21.8M | −16.78% |
| Q1 2022 | 2022-03-31 | $106.7M | −$26.6M | −19.99% |
| Q4 2021 | 2021-12-31 | $111.5M | −$23.3M | −17.29% |
| Q3 2021 | 2021-09-30 | $114.0M | $6.5M | +6.07% |
| Q2 2021 | 2021-06-30 | $130.2M | $40.4M | +44.98% |
| Q1 2021 | 2021-03-31 | $133.3M | $41.1M | +44.60% |
| Q4 2020 | 2020-12-31 | $134.8M | $32.4M | +31.71% |
| Q3 2020 | 2020-09-30 | $107.5M | $14.7M | +15.81% |
| Q2 2020 | 2020-06-30 | $89.8M | −$3.2M | −3.39% |
| Q1 2020 | 2020-03-31 | $92.2M | $1.8M | +1.99% |
| Q4 2019 | 2019-12-31 | $102.3M | $11.4M | +12.48% |
| Q3 2019 | 2019-09-30 | $92.8M | $2.0M | +2.17% |
| Q2 2019 | 2019-06-30 | $92.9M | $2.7M | +3.02% |
| Q1 2019 | 2019-03-31 | $90.4M | $4.4M | +5.06% |
| Q4 2018 | 2018-12-31 | $91.0M | $5.8M | +6.84% |
| Q3 2018 | 2018-09-30 | $90.9M | $5.3M | +6.13% |
| Q2 2018 | 2018-06-30 | $90.2M | $1.1M | +1.29% |
| Q1 2018 | 2018-03-31 | $86.0M | −$1.9M | −2.11% |
| Q4 2017 | 2017-12-31 | $85.1M | $900,000 | +1.07% |
| Q3 2017 | 2017-09-30 | $85.6M | −$2.7M | −3.05% |
| Q2 2017 | 2017-06-30 | $89.1M | −$475,000 | −0.53% |
| Q1 2017 | 2017-03-31 | $87.9M | −$5.1M | −5.50% |
| Q4 2016 | 2016-12-31 | $84.2M | −$11.8M | −12.28% |
| Q3 2016 | 2016-09-30 | $88.3M | −$5.0M | −5.33% |
| Q2 2016 | 2016-06-30 | $89.5M | −$13.3M | −12.89% |
| Q1 2016 | 2016-03-31 | $93.0M | $1.3M | +1.38% |
| Q4 2015 | 2015-12-31 | $96.0M | $2.3M | +2.46% |
| Q3 2015 | 2015-09-30 | $93.3M | −$327,000 | −0.35% |
| Q2 2015 | 2015-06-30 | $102.8M | $4.7M | +4.74% |
| Q1 2015 | 2015-03-31 | $91.7M | −$1.1M | −1.14% |
| Q4 2014 | 2014-12-31 | $93.7M | −$12.8M | −12.03% |
| Q3 2014 | 2014-09-30 | $93.6M | −$5.5M | −5.60% |
| Q2 2014 | 2014-06-30 | $98.1M | −$13.2M | −11.84% |
| Q1 2014 | 2014-03-31 | $92.8M | −$5.2M | −5.33% |
| Q4 2013 | 2013-12-31 | $106.5M | $15.6M | +17.20% |
| Q3 2013 | 2013-09-30 | $99.2M | $7.3M | +7.96% |
| Q2 2013 | 2013-06-30 | $111.3M | $24.4M | +28.04% |
| Q1 2013 | 2013-03-31 | $98.0M | $12.8M | +15.04% |
| Q4 2012 | 2012-12-31 | $90.9M | $5.1M | +5.92% |
| Q3 2012 | 2012-09-30 | $91.8M | $8.9M | +10.75% |
| Q2 2012 | 2012-06-30 | $86.9M | $511,000 | +0.59% |
| Q1 2012 | 2012-03-31 | $85.2M | $2.3M | +2.81% |
| Q4 2011 | 2011-12-31 | $85.8M | — | — |
| Q3 2011 | 2011-09-30 | $82.9M | −$5.8M | −6.48% |
| Q2 2011 | 2011-06-30 | $86.4M | −$12.2M | −12.35% |
| Q1 2011 | 2011-03-31 | $82.9M | — | — |
| Q3 2010 | 2010-09-30 | $88.7M | — | — |
| Q2 2010 | 2010-06-30 | $98.6M | — | — |
First Bancorp operating expenses trends
Over the last five fiscal years, First Bancorp's operating expenses increased from $424.2M to $498.1M, a change of $73.9M. The latest reported quarter, Q2 2026, shows $127.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Bancorp source filings ↗