First Bancorp annual debt-to-equity ratio
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2025
First Bancorp Debt-to-Equity Ratio Growth & History (FNLC)
First Bancorp's debt-to-equity ratio was 0.67 for fiscal 2025.
View full First Bancorp company overviewFirst Bancorp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.67 | 0.08 | +14.35% |
| 2024 | 2024-12-31 | 0.58 | 0.29 | +101.08% |
| 2023 | 2023-12-31 | 0.29 | −0.17 | −36.47% |
| 2022 | 2022-12-31 | 0.46 | −0.10 | −18.46% |
| 2021 | 2021-12-31 | 0.56 | −0.62 | −52.42% |
| 2020 | 2020-12-31 | 1.17 | 0.30 | +34.84% |
| 2019 | 2019-12-31 | 0.87 | −0.23 | −20.74% |
| 2018 | 2018-12-31 | 1.10 | −0.16 | −12.97% |
| 2017 | 2017-12-31 | 1.26 | −0.36 | −21.96% |
| 2016 | 2016-12-31 | 1.62 | −0.40 | −19.76% |
| 2015 | 2015-12-31 | 2.01 | 0.28 | +16.28% |
| 2014 | 2014-12-31 | 1.73 | −0.18 | −9.31% |
| 2013 | 2013-12-31 | 1.91 | 0.10 | +5.57% |
| 2012 | 2012-12-31 | 1.81 | 0.05 | +2.77% |
| 2011 | 2011-12-31 | 1.76 | 0.04 | +2.55% |
| 2010 | 2010-12-31 | 1.72 | 0.03 | +1.71% |
| 2009 | 2009-12-31 | 1.69 | — | — |
First Bancorp quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.73 | −0.01 | −1.11% |
| Q1 2026 | 2026-03-31 | 0.68 | −0.03 | −4.40% |
| Q4 2025 | 2025-12-31 | 0.67 | 0.08 | +14.35% |
| Q3 2025 | 2025-09-30 | 0.56 | −0.03 | −5.27% |
| Q2 2025 | 2025-06-30 | 0.74 | −0.20 | −21.61% |
| Q1 2025 | 2025-03-31 | 0.71 | 0.08 | +11.94% |
| Q4 2024 | 2024-12-31 | 0.58 | 0.29 | +101.08% |
| Q3 2024 | 2024-09-30 | 0.59 | 0.22 | +60.63% |
| Q2 2024 | 2024-06-30 | 0.94 | 0.45 | +91.02% |
| Q1 2024 | 2024-03-31 | 0.64 | 0.27 | +73.75% |
| Q4 2023 | 2023-12-31 | 0.29 | −0.17 | −36.47% |
| Q3 2023 | 2023-09-30 | 0.37 | −0.17 | −31.96% |
| Q2 2023 | 2023-06-30 | 0.49 | −0.06 | −11.25% |
| Q1 2023 | 2023-03-31 | 0.37 | −0.21 | −36.00% |
| Q4 2022 | 2022-12-31 | 0.46 | −0.10 | −18.46% |
| Q3 2022 | 2022-09-30 | 0.54 | −0.44 | −44.91% |
| Q2 2022 | 2022-06-30 | 0.56 | −0.42 | −43.06% |
| Q1 2022 | 2022-03-31 | 0.57 | −0.43 | −43.00% |
| Q4 2021 | 2021-12-31 | 0.56 | −0.62 | −52.42% |
| Q3 2021 | 2021-09-30 | 0.98 | −0.32 | −24.47% |
| Q2 2021 | 2021-06-30 | 0.98 | −0.31 | −24.14% |
| Q1 2021 | 2021-03-31 | 1.01 | −0.15 | −12.66% |
| Q4 2020 | 2020-12-31 | 1.17 | 0.30 | +34.84% |
| Q3 2020 | 2020-09-30 | 1.29 | 0.42 | +48.62% |
| Q2 2020 | 2020-06-30 | 1.29 | 0.40 | +44.82% |
| Q1 2020 | 2020-03-31 | 1.15 | 0.29 | +33.73% |
| Q4 2019 | 2019-12-31 | 0.87 | −0.23 | −20.74% |
| Q3 2019 | 2019-09-30 | 0.87 | −0.57 | −39.43% |
| Q2 2019 | 2019-06-30 | 0.89 | −0.73 | −45.22% |
| Q1 2019 | 2019-03-31 | 0.86 | −0.48 | −36.01% |
| Q4 2018 | 2018-12-31 | 1.10 | −0.16 | −12.97% |
| Q3 2018 | 2018-09-30 | 1.44 | 0.13 | +10.28% |
| Q2 2018 | 2018-06-30 | 1.62 | 0.03 | +2.06% |
| Q1 2018 | 2018-03-31 | 1.35 | 0.05 | +3.97% |
| Q4 2017 | 2017-12-31 | 1.26 | −0.36 | −21.96% |
| Q3 2017 | 2017-09-30 | 1.30 | −0.22 | −14.49% |
| Q2 2017 | 2017-06-30 | 1.59 | −0.03 | −1.83% |
| Q1 2017 | 2017-03-31 | 1.30 | −0.32 | −19.65% |
| Q4 2016 | 2016-12-31 | 1.62 | −0.40 | −19.76% |
| Q3 2016 | 2016-09-30 | 1.52 | −0.26 | −14.38% |
| Q2 2016 | 2016-06-30 | 1.62 | −0.08 | −4.57% |
| Q1 2016 | 2016-03-31 | 1.61 | −0.30 | −15.67% |
| Q4 2015 | 2015-12-31 | 2.01 | 0.28 | +16.28% |
| Q3 2015 | 2015-09-30 | 1.78 | 0.15 | +9.51% |
| Q2 2015 | 2015-06-30 | 1.70 | −0.20 | −10.49% |
| Q1 2015 | 2015-03-31 | 1.91 | 0.25 | +14.93% |
| Q4 2014 | 2014-12-31 | 1.73 | −0.18 | −9.31% |
| Q3 2014 | 2014-09-30 | 1.62 | −0.19 | −10.69% |
| Q2 2014 | 2014-06-30 | 1.90 | 0.13 | +7.64% |
| Q1 2014 | 2014-03-31 | 1.66 | 0.07 | +4.23% |
| Q4 2013 | 2013-12-31 | 1.91 | 0.10 | +5.57% |
| Q3 2013 | 2013-09-30 | 1.82 | −0.26 | −12.46% |
| Q2 2013 | 2013-06-30 | 1.76 | 0.14 | +8.55% |
| Q1 2013 | 2013-03-31 | 1.60 | 0.01 | +0.73% |
| Q4 2012 | 2012-12-31 | 1.81 | 0.05 | +2.77% |
| Q3 2012 | 2012-09-30 | 2.08 | 0.38 | +22.38% |
| Q2 2012 | 2012-06-30 | 1.62 | 0.03 | +1.66% |
| Q1 2012 | 2012-03-31 | 1.58 | 0.15 | +10.36% |
| Q4 2011 | 2011-12-31 | 1.76 | 0.04 | +2.55% |
| Q3 2011 | 2011-09-30 | 1.70 | — | — |
| Q2 2011 | 2011-06-30 | 1.60 | — | — |
| Q1 2011 | 2011-03-31 | 1.44 | — | — |
| Q4 2010 | 2010-12-31 | 1.72 | 0.03 | +1.71% |
| Q4 2009 | 2009-12-31 | 1.69 | — | — |
First Bancorp debt-to-equity ratio trends
Over the last five fiscal years, First Bancorp's debt-to-equity ratio decreased from 1.17 to 0.67, a change of −0.51. The latest reported quarter, Q2 2026, shows 0.73.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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