Company / Interest Expense
First Bancorp (Southern Pines NC) Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$142.1M
FY2023
5-year range
$9.5M / $325.0M
FY2019-FY2023
Trend
-56.3%
vs FY2022
Sector context
#149 of 214
Financials
What the data says
At $142M, First Bancorp (Southern Pines NC)'s interest expense ranks #66 of 214 in the Financials sector. Interest Expense has fluctuated over the past 8 years, ranging from $8M in FY2016 to $325M in FY2022.
Based on SEC 10-K filings.
$142M in FY2023 with a 5-year CAGR of +43.0%.
Increased from $10M to $142M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +93.7%
- 5-Year CAGR
- +43.0%
- 10-Year CAGR
- -
Sector benchmark
#66 of 214 in FinancialsTop 30% of 214This company $142.1M Sector average $939.3M
▼
-84.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +43.0%, indicating consistent growth.
- In FY2023, interest expense decreased 56.3% year-over-year.
- Ranks #149 out of 214 companies in the Financials sector.
- Peak interest expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.12 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $142.1M | -56.3% |
| FY2022 | $325.0M | +3312.9% |
| FY2021 | $9.5M | -51.3% |
| FY2020 | $19.6M | -42.3% |
| FY2019 | $33.9M | +42.6% |
| FY2018 | $23.8M | +87.6% |
| FY2017 | $12.7M | +66.6% |
| FY2016 | $7.6M | +10.1% |
As of FY2023 · SEC Form 10-K · Last checked Jul 2, 2026