First Property Plant And Equipment Net from 2010 to 2025

FBP Stock  USD 19.20  0.23  1.18%   
First Bancorp Property Plant And Equipment Net yearly trend continues to be relatively stable with very little volatility. Property Plant And Equipment Net is likely to drop to about 126.4 M. Property Plant And Equipment Net is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects First Bancorp's investment in assets used for production. View All Fundamentals
 
Property Plant And Equipment Net  
First Reported
1990-12-31
Previous Quarter
136.4 M
Current Value
133.4 M
Quarterly Volatility
56.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 219.5 M, Other Operating Expenses of 47 M or Operating Income of 77.2 M, as well as many indicators such as Price To Sales Ratio of 24.63, Dividend Yield of 0.0326 or PTB Ratio of 1.4. First financial statements analysis is a perfect complement when working with First Bancorp Valuation or Volatility modules.
  
Check out the analysis of First Bancorp Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.

Latest First Bancorp's Property Plant And Equipment Net Growth Pattern

Below is the plot of the Property Plant And Equipment Net of First Bancorp over the last few years. It is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production. First Bancorp's Property Plant And Equipment Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Bancorp's overall financial position and show how it may be relating to other accounts over time.
Property Plant And Equipment Net10 Years Trend
Pretty Stable
   Property Plant And Equipment Net   
       Timeline  

First Property Plant And Equipment Net Regression Statistics

Arithmetic Mean150,167,372
Geometric Mean139,412,070
Coefficient Of Variation26.92
Mean Deviation23,675,253
Median150,828,000
Standard Deviation40,430,018
Sample Variance1634.6T
Range187.5M
R-Value0.12
Mean Square Error1725.4T
R-Squared0.01
Significance0.65
Slope1,033,114
Total Sum of Squares24518.8T

First Property Plant And Equipment Net History

2025126.4 M
2024133.4 M
2023210.5 M
2022142.9 M
2021146.4 M
2020158.2 M
2019150 M

About First Bancorp Financial Statements

First Bancorp shareholders use historical fundamental indicators, such as Property Plant And Equipment Net, to determine how well the company is positioned to perform in the future. Although First Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in First Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Property Plant And Equipment Net133.4 M126.4 M

Pair Trading with First Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.72BY Byline BancorpPairCorr
  0.81NU Nu HoldingsPairCorr

Moving against First Stock

  0.56ECBK ECB BancorpPairCorr
  0.41VBFC Village BankPairCorr
The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.