First Bancorp Operating Expenses Growth & History (FNLC)
First Bancorp's operating expenses was $50.9M 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 | $50.9M | $3.8M | +8.00% |
| 2024 | 2024-12-31 | $47.2M | $3.4M | +7.77% |
| 2023 | 2023-12-31 | $43.8M | −$146,000 | −0.33% |
| 2022 | 2022-12-31 | $43.9M | $1.8M | +4.17% |
| 2021 | 2021-12-31 | $42.1M | $2.5M | +6.29% |
| 2020 | 2020-12-31 | $39.7M | $4.5M | +12.74% |
| 2019 | 2019-12-31 | $35.2M | $1.7M | +5.09% |
| 2018 | 2018-12-31 | $33.5M | $1.8M | +5.74% |
| 2017 | 2017-12-31 | $31.7M | $2.3M | +7.72% |
| 2016 | 2016-12-31 | $29.4M | −$513,000 | −1.72% |
| 2015 | 2015-12-31 | $29.9M | −$324,000 | −1.07% |
| 2014 | 2014-12-31 | $30.2M | $1.3M | +4.43% |
| 2013 | 2013-12-31 | $28.9M | $2.7M | +10.15% |
| 2012 | 2012-12-31 | $26.3M | $233,000 | +0.89% |
| 2011 | 2011-12-31 | $26.0M | $908,000 | +3.61% |
| 2010 | 2010-12-31 | $25.1M | −$1.5M | −5.73% |
| 2009 | 2009-12-31 | $26.7M | $3.7M | +15.93% |
| 2008 | 2008-12-31 | $23.0M | — | — |
First Bancorp quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.4M | $1.2M | +9.66% |
| Q1 2026 | 2026-03-31 | $13.6M | $772,000 | +6.01% |
| Q4 2025 | 2025-12-31 | $13.1M | $986,000 | +8.12% |
| Q3 2025 | 2025-09-30 | $12.8M | $754,000 | +6.28% |
| Q2 2025 | 2025-06-30 | $12.2M | $949,000 | +8.44% |
| Q1 2025 | 2025-03-31 | $12.8M | $1.1M | +9.21% |
| Q4 2024 | 2024-12-31 | $12.1M | $958,000 | +8.56% |
| Q3 2024 | 2024-09-30 | $12.0M | $994,000 | +9.03% |
| Q2 2024 | 2024-06-30 | $11.3M | $535,000 | +4.99% |
| Q1 2024 | 2024-03-31 | $11.8M | $911,000 | +8.40% |
| Q4 2023 | 2023-12-31 | $11.2M | −$524,000 | −4.47% |
| Q3 2023 | 2023-09-30 | $11.0M | −$365,000 | −3.21% |
| Q2 2023 | 2023-06-30 | $10.7M | $543,000 | +5.34% |
| Q1 2023 | 2023-03-31 | $10.8M | $200,000 | +1.88% |
| Q4 2022 | 2022-12-31 | $11.7M | −$1.1M | −8.84% |
| Q3 2022 | 2022-09-30 | $11.4M | $1.4M | +14.49% |
| Q2 2022 | 2022-06-30 | $10.2M | $676,000 | +7.12% |
| Q1 2022 | 2022-03-31 | $10.7M | $776,000 | +7.86% |
| Q4 2021 | 2021-12-31 | $12.8M | $2.4M | +23.33% |
| Q3 2021 | 2021-09-30 | $9.9M | $656,000 | +7.07% |
| Q2 2021 | 2021-06-30 | $9.5M | $579,000 | +6.49% |
| Q1 2021 | 2021-03-31 | $9.9M | −$1.2M | −10.59% |
| Q4 2020 | 2020-12-31 | $10.4M | $1.4M | +15.68% |
| Q3 2020 | 2020-09-30 | $9.3M | $236,000 | +2.61% |
| Q2 2020 | 2020-06-30 | $8.9M | $187,000 | +2.14% |
| Q1 2020 | 2020-03-31 | $11.0M | $2.6M | +31.50% |
| Q4 2019 | 2019-12-31 | $9.0M | $508,000 | +5.98% |
| Q3 2019 | 2019-09-30 | $9.0M | $824,000 | +10.03% |
| Q2 2019 | 2019-06-30 | $8.7M | $554,000 | +6.78% |
| Q1 2019 | 2019-03-31 | $8.4M | −$181,000 | −2.11% |
| Q4 2018 | 2018-12-31 | $8.5M | $196,000 | +2.36% |
| Q3 2018 | 2018-09-30 | $8.2M | $203,000 | +2.53% |
| Q2 2018 | 2018-06-30 | $8.2M | $536,000 | +7.02% |
| Q1 2018 | 2018-03-31 | $8.6M | $881,000 | +11.44% |
| Q4 2017 | 2017-12-31 | $8.3M | $767,000 | +10.18% |
| Q3 2017 | 2017-09-30 | $8.0M | $608,000 | +8.21% |
| Q2 2017 | 2017-06-30 | $7.6M | $395,000 | +5.45% |
| Q1 2017 | 2017-03-31 | $7.7M | $498,000 | +6.92% |
| Q4 2016 | 2016-12-31 | $7.5M | −$411,000 | −5.17% |
| Q3 2016 | 2016-09-30 | $7.4M | −$302,000 | −3.92% |
| Q2 2016 | 2016-06-30 | $7.2M | $265,000 | +3.80% |
| Q1 2016 | 2016-03-31 | $7.2M | −$65,000 | −0.89% |
| Q4 2015 | 2015-12-31 | $7.9M | $69,000 | +0.88% |
| Q3 2015 | 2015-09-30 | $7.7M | −$95,000 | −1.22% |
| Q2 2015 | 2015-06-30 | $7.0M | −$311,000 | −4.27% |
| Q1 2015 | 2015-03-31 | $7.3M | $13,000 | +0.18% |
| Q4 2014 | 2014-12-31 | $7.9M | $756,000 | +10.62% |
| Q3 2014 | 2014-09-30 | $7.8M | $796,000 | +11.36% |
| Q2 2014 | 2014-06-30 | $7.3M | −$132,000 | −1.78% |
| Q1 2014 | 2014-03-31 | $7.3M | −$137,000 | −1.85% |
| Q4 2013 | 2013-12-31 | $7.1M | $351,000 | +5.19% |
| Q3 2013 | 2013-09-30 | $7.0M | $0 | 0.00% |
| Q2 2013 | 2013-06-30 | $7.4M | $0 | 0.00% |
| Q1 2013 | 2013-03-31 | $7.4M | $0 | 0.00% |
| Q4 2012 | 2012-12-31 | $6.8M | $402,000 | +6.31% |
| Q3 2012 | 2012-09-30 | $7.0M | $411,000 | +6.23% |
| Q2 2012 | 2012-06-30 | $7.4M | $693,000 | +10.30% |
| Q1 2012 | 2012-03-31 | $7.4M | $1.2M | +19.60% |
| Q4 2011 | 2011-12-31 | $6.4M | −$359,000 | −5.34% |
| Q3 2011 | 2011-09-30 | $6.6M | $367,000 | +5.89% |
| Q2 2011 | 2011-06-30 | $6.7M | $835,000 | +14.16% |
| Q1 2011 | 2011-03-31 | $6.2M | −$104,000 | −1.66% |
| Q4 2010 | 2010-12-31 | $6.7M | — | — |
| Q3 2010 | 2010-09-30 | $6.2M | — | — |
| Q2 2010 | 2010-06-30 | $5.9M | — | — |
| Q1 2010 | 2010-03-31 | $6.3M | — | — |
First Bancorp operating expenses trends
Over the last five fiscal years, First Bancorp's operating expenses increased from $39.7M to $50.9M, a change of $11.3M. The latest reported quarter, Q2 2026, shows $13.4M.
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 ↗