Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: First Bancorp /Pr/ quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
First Bancorp /Pr/ Interest Expense for the quarter ending June 30, 2024 was $72.6M, a 38.6% increase year-over-year.
First Bancorp /Pr/ Interest Expense for the twelve months ending June 30, 2024 was $277M, a 103% increase year-over-year.
First Bancorp /Pr/ annual Interest Expense for 2023 was $226M, a 236% increase from 2022.
First Bancorp /Pr/ annual Interest Expense for 2022 was $67.3M, a 3.92% increase from 2021.
First Bancorp /Pr/ annual Interest Expense for 2021 was $64.8M, a 30.1% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$226M	+$159M	+236%	Jan 1, 2023	Dec 31, 2023	10-K	2024-02-28
2022	$67.3M	+$2.54M	+3.92%	Jan 1, 2022	Dec 31, 2022	10-K	2024-02-28
2021	$64.8M	-$27.9M	-30.1%	Jan 1, 2021	Dec 31, 2021	10-K	2024-02-28
2020	$92.7M	-$16.2M	-14.8%	Jan 1, 2020	Dec 31, 2020	10-K/A	2023-10-13
2019	$109M	+$9.23M	+9.27%	Jan 1, 2019	Dec 31, 2019	10-K	2022-03-01
2018	$99.6M	+$2.71M	+2.8%	Jan 1, 2018	Dec 31, 2018	10-K	2021-03-01
2017	$96.9M	-$4.3M	-4.25%	Jan 1, 2017	Dec 31, 2017	10-K	2020-03-02
2016	$101M	-$2.13M	-2.06%	Jan 1, 2016	Dec 31, 2016	10-K	2019-03-01
2015	$103M	-$12.6M	-10.9%	Jan 1, 2015	Dec 31, 2015	10-K	2018-03-16
2014	$116M	-$15M	-11.4%	Jan 1, 2014	Dec 31, 2014	10-K	2017-03-16
2013	$131M	-$45.2M	-25.7%	Jan 1, 2013	Dec 31, 2013	10-K	2016-03-14
2012	$176M	-$90M	-33.8%	Jan 1, 2012	Dec 31, 2012	10-K	2015-03-16
2011	$266M	-$105M	-28.3%	Dec 31, 2010	Dec 31, 2011	10-K	2013-04-01
2010	$371M			Dec 31, 2009	Dec 31, 2010	10-K	2013-04-01

* An asterisk sign (*) next to the value indicates that the value is likely invalid.