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First BanCorp. (FBP) Financials

First BanCorp. logo
$20.21 +0.07 (+0.35%)
Closing price 05/23/2025 03:59 PM Eastern
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$20.22 +0.00 (+0.02%)
As of 05/23/2025 05:11 PM Eastern
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Annual Income Statements for First BanCorp.

Annual Income Statements for First BanCorp.

This table shows First BanCorp.'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 299 303 305 277 100 165 199 131 93 21
Consolidated Net Income / (Loss)		 299 303 305 281 102 167 202 67 93 21
Net Income / (Loss) Continuing Operations		 260 303 267 291 102 167 202 67 167 21
Total Pre-Tax Income 		391 397 448 428 116 239 191 62 130 28
Total Revenue		 899 933 881 861 712 658 608 554 572 584
Net Interest Income / (Expense)		 807 797 795 730 600 567 525 492 484 502
Total Interest Income		 1,095 1,023 863 795 693 676 625 588 585 606
Loans and Leases Interest Income		 965 891 748 719 631 603 554 533 531 549
Investment Securities Interest Income		 93 103 103 73 59 60 60 51 51 55
Deposits and Money Market Investments Interest Income		 37 30 12 2.66 3.39 13 11 4.61 3.37 -
Total Interest Expense		 288 185 67 65 93 109 100 97 101 103
Deposits Interest Expense		 253 185 46 41 68 78 68 67 67 69
Short-Term Borrowings Interest Expense		 0.02 - 2.51 0.00 - - - - - -
Long-Term Debt Interest Expense		 35 0.00 18 13 18 24 23 19 14 12
Federal Funds Purchased and Securities Sold Interest Expense		 0.00 0.00 0.00 0.00 6.65 6.65 9.40 11 20 22
Total Non-Interest Income		 131 133 123 121 111 91 82 62 88 81
Other Service Charges		 78 80 72 109 89 81 72 65 51 70
Net Realized & Unrealized Capital Gains on Investments		 0.00 1.61 0.00 0.00 13 -0.50 2.23 1.76 5.18 40
Investment Banking Income		 14 13 14 12 9.36 10 8.43 8.20 8.47 7.06
Provision for Credit Losses		 60 61 28 -66 171 40 59 144 87 172
Total Non-Interest Expense		 487 471 443 489 424 378 358 348 355 384
Salaries and Employee Benefits		 236 223 206 200 177 162 159 152 151 150
Net Occupancy & Equipment Expense		 97 94 97 103 83 70 64 63 62 67
Marketing Expense		 18 20 18 15 12 16 15 12 11 15
Property & Liability Insurance Claims		 9.82 15 6.15 6.54 6.49 6.32 8.91 14 20 -
Other Operating Expenses		 127 120 116 138 119 113 111 107 110 152
Restructuring Charge		 0.00 0.00 0.00 26 27 11 0.00 0.00 - -
Income Tax Expense		 92 95 143 147 14 72 -11 -4.97 37 6.42
Basic Earnings per Share		 $1.82 $1.72 $1.60 $1.32 $0.46 $0.76 $0.92 $0.30 $0.44 $0.10
Weighted Average Basic Shares Outstanding		 163.87M 167.32M 180.59M 198.41M 218.23M 217.36M 216.20M 214.30M 212.82M 211.46M
Diluted Earnings per Share		 $1.81 $1.71 $1.59 $1.31 $0.46 $0.76 $0.92 $0.30 $0.43 $0.10
Weighted Average Diluted Shares Outstanding		 163.87M 167.32M 180.59M 198.41M 218.23M 217.36M 216.20M 214.30M 212.82M 211.46M
Weighted Average Basic & Diluted Shares Outstanding		 163.87M 167.32M 180.59M 198.41M 218.23M 217.36M 216.20M 214.30M 212.82M 211.46M
Cash Dividends to Common per Share		 $0.64 $0.56 $0.46 $0.31 $0.20 $0.14 $0.03 $0.00 $0.00 $0.00

Quarterly Income Statements for First BanCorp.

This table shows First BanCorp.'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 76 74 76 73 -2.53 164 71 71 73 75
Consolidated Net Income / (Loss)		 76 74 76 73 85 77 71 71 73 75
Net Income / (Loss) Continuing Operations		 56 64 66 73 94 77 61 71 26 75
Total Pre-Tax Income 		96 96 101 97 85 109 101 103 107 107
Total Revenue		 222 225 222 231 254 219 227 233 195 238
Net Interest Income / (Expense)		 209 202 200 197 197 200 200 201 206 208
Total Interest Income		 280 275 272 269 265 263 252 242 233 223
Loans and Leases Interest Income		 245 244 240 237 234 228 218 211 203 192
Investment Securities Interest Income		 23 22 23 24 25 25 26 27 27 26
Deposits and Money Market Investments Interest Income		 12 8.78 9.06 7.25 6.93 11 7.88 4.65 3.44 4.65
Total Interest Expense		 70 73 73 72 28 64 52 42 28 15
Deposits Interest Expense		 63 64 64 63 60 54 42 30 21 9.98
Short-Term Borrowings Interest Expense		 0.02 0.00 0.00 0.00 - 0.00 0.44 4.34 2.51 0.00
Long-Term Debt Interest Expense		 7.74 8.91 8.95 8.96 -24 9.02 9.02 6.22 10 2.80
Total Non-Interest Income		 32 33 32 34 34 30 36 33 30 30
Other Service Charges		 11 20 20 28 20 9.89 23 28 -11 27
Investment Banking Income		 2.27 3.00 2.79 5.51 2.38 2.79 2.75 4.85 2.90 2.62
Provision for Credit Losses		 21 15 12 12 19 4.40 22 16 23 16
Total Non-Interest Expense		 125 123 119 121 127 117 113 115 113 115
Salaries and Employee Benefits		 60 59 57 60 56 57 54 56 52 53
Net Occupancy & Equipment Expense		 25 25 24 23 24 24 23 23 24 25
Marketing Expense		 5.33 4.12 4.36 3.84 6.73 4.76 4.17 3.98 5.59 5.14
Property & Liability Insurance Claims		 2.24 2.16 2.32 3.10 8.45 2.14 2.14 2.13 1.54 1.47
Other Operating Expenses		 32 33 30 31 44 17 29 29 29 31
Income Tax Expense		 20 23 26 24 -0.08 32 30 32 33 32
Basic Earnings per Share		 $0.47 $0.45 $0.46 $0.44 $0.47 $0.47 $0.39 $0.39 $0.40 $0.40
Weighted Average Basic Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Diluted Earnings per Share		 $0.46 $0.45 $0.46 $0.44 $0.47 $0.46 $0.39 $0.39 $0.40 $0.40
Weighted Average Diluted Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Weighted Average Basic & Diluted Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Cash Dividends to Common per Share		 $0.16 $0.16 $0.16 $0.16 $0.14 $0.14 $0.14 $0.14 $0.12 $0.12

Annual Cash Flow Statements for First BanCorp.

This table details how cash moves in and out of First BanCorp.'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 496 183 -2,063 1,049 850 58 -130 417 -453 -44
Net Cash From Operating Activities		 404 363 440 400 298 294 288 236 199 262
Net Cash From Continuing Operating Activities		 404 363 441 400 298 296 288 236 45 262
Net Income / (Loss) Continuing Operations		 299 303 305 281 102 167 202 67 0.00 21
Consolidated Net Income / (Loss)		 299 303 305 281 102 167 202 67 - 21
Provision For Loan Losses		 60 61 28 -66 171 40 - 144 87 172
Depreciation Expense		 19 21 22 25 20 18 15 16 18 21
Amortization Expense		 13 14 4.40 13 17 -2.55 -1.23 0.31 5.85 11
Non-Cash Adjustments to Reconcile Net Income		 14 9.34 74 130 -20 47 84 11 -41 2.70
Changes in Operating Assets and Liabilities, net		 0.27 -45 8.37 17 7.53 27 -11 -3.26 -24 34
Net Cash From Investing Activities		 136 -78 -681 -1,263 -1,239 -343 -223 -73 83 439
Net Cash From Continuing Investing Activities		 136 -78 -681 -1,263 -1,239 -343 -223 -73 83 439
Purchase of Property, Leasehold Improvements and Equipment		 -10 -23 -20 -13 -16 -22 -21 -9.42 -10 -12
Purchase of Investment Securities		 -972 -764 -1,430 -2,844 -4,151 -765 -789 -416 -3,444 -3,221
Sale and/or Maturity of Investments		 1,118 708 769 1,597 2,522 445 586 352 3,538 3,445
Net Cash From Financing Activities		 -44 -102 -1,822 1,912 1,791 107 -195 254 -735 -745
Net Cash From Continuing Financing Activities		 -44 -102 -1,822 1,912 1,791 107 -195 254 -735 -745
Net Change in Deposits		 261 471 -1,706 2,473 1,767 362 -37 220 -542 -673
Issuance of Debt		 0.00 300 200 0.00 0.00 0.00 120 415 215 130
Repayment of Debt		 -97 -570 50 -240 -130 -220 -266 -376 -7.03 0.00
Repurchase of Common Equity		 -102 -203 -278 - - -1.96 -2.83 -2.50 -1.13 -
Payment of Dividends		 -106 -100 -88 -67 -46 -33 -9.19 -2.68 -0.22 0.00

Quarterly Cash Flow Statements for First BanCorp.

This table details how cash moves in and out of First BanCorp.'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 474 99 -98 21 78 -463 224 343 -74 -709
Net Cash From Operating Activities		 97 118 71 118 79 117 51 115 106 115
Net Cash From Continuing Operating Activities		 97 118 71 118 79 117 51 115 107 115
Net Income / (Loss) Continuing Operations		 76 74 76 73 79 82 71 71 73 75
Consolidated Net Income / (Loss)		 76 74 76 73 79 82 71 71 73 75
Provision For Loan Losses		 21 15 12 12 19 4.40 22 16 16 16
Depreciation Expense		 4.59 4.68 4.63 4.68 5.23 5.20 4.99 5.08 5.48 5.52
Amortization Expense		 2.57 3.53 3.61 2.88 3.45 3.82 3.96 3.00 2.50 1.42
Non-Cash Adjustments to Reconcile Net Income		 1.06 5.16 7.44 0.42 0.72 8.63 0.79 -0.80 15 7.05
Changes in Operating Assets and Liabilities, net		 -8.02 16 -32 25 -28 13 -52 22 -5.01 11
Net Cash From Investing Activities		 -78 202 -28 40 -96 -7.50 -26 51 -173 50
Net Cash From Continuing Investing Activities		 -78 202 -28 40 -96 -7.50 -26 51 -173 50
Purchase of Property, Leasehold Improvements and Equipment		 -1.62 -2.53 -1.72 -4.14 -2.66 -3.73 -15 -1.69 -5.02 -3.60
Purchase of Investment Securities		 -562 -72 -179 -158 -280 -264 -138 -83 -319 -151
Sale and/or Maturity of Investments		 486 277 153 202 186 260 127 135 151 204
Net Cash From Financing Activities		 455 -221 -141 -137 95 -572 198 177 -6.94 -873
Net Cash From Continuing Financing Activities		 455 -221 -141 -137 95 -572 198 177 -6.94 -873
Net Change in Deposits		 529 -146 -65 -58 195 -400 768 -92 -485 -576
Repayment of Debt		 -49 -49 - 0.00 - -74 -544 48 350 -200
Repurchase of Common Equity		 -0.02 -0.77 -49 -52 - - - -53 - -
Payment of Dividends		 -26 -26 -27 -27 -24 -25 -26 -25 -22 -22

Annual Balance Sheets for First BanCorp.

This table presents First BanCorp.'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 19,293 18,910 18,634 20,785 18,793 12,611 12,244 12,261 11,922 12,573
Cash and Due from Banks		 1,158 662 478 2,540 1,433 546 579 706 297 749
Interest Bearing Deposits at Other Banks		 0.50 0.30 0.30 - 0.30 0.30 0.30 3.13 2.80 3.00
Trading Account Securities		 4,633 5,287 6,096 6,691 4,865 2,340 2,175 2,085 2,081 2,080
Loans and Leases, Net of Allowance		 12,820 12,276 11,292 10,792 11,442 0.00 0.00 8,652 8,731 8,908
Loans and Leases		 12,820 12,276 - 10,792 11,442 - - 8,652 8,731 8,908
Premises and Equipment, Net		 133 142 143 146 158 150 148 142 151 161
Goodwill		 39 39 39 39 39 28 - - - -
Intangible Assets		 6.97 13 21 30 41 7.57 - - - -
Other Assets		 504 492 564 547 815 9,539 9,342 674 660 672
Total Liabilities & Shareholders' Equity		 19,293 18,910 18,634 20,785 18,793 12,611 12,244 12,261 11,922 12,573
Total Liabilities		 17,624 17,412 17,309 18,684 16,518 10,383 10,199 10,392 10,136 10,879
Non-Interest Bearing Deposits		 5,548 5,404 6,113 7,028 4,546 2,368 2,395 1,834 1,484 1,337
Interest Bearing Deposits		 11,324 11,152 10,031 10,757 10,771 6,981 6,599 7,189 7,347 8,002
Long-Term Debt		 562 662 859 384 624 754 924 924 886 681
Other Long-Term Liabilities		 191 194 232 215 277 181 130 146 119 159
Commitments & Contingencies		 0.00 0.00 - - - - - - - -
Total Equity & Noncontrolling Interests		 1,669 1,498 1,326 2,102 2,275 2,228 2,045 1,869 1,786 1,694
Total Preferred & Common Equity		 1,669 1,498 1,326 2,102 2,275 2,228 2,045 1,869 1,786 1,694
Total Common Equity		 1,669 1,498 1,326 2,102 2,240 2,192 2,009 1,833 1,750 1,658
Common Stock		 987 988 993 995 969 964 962 959 954 948
Retained Earnings		 2,039 1,846 1,644 1,427 1,215 1,222 1,088 895 831 738
Accumulated Other Comprehensive Income / (Loss)		 -567 -639 -805 -84 55 6.76 -40 -21 -34 -28
Other Equity Adjustments		 -790 -697 - - - - - - - -

Quarterly Balance Sheets for First BanCorp.

This table presents First BanCorp.'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 18,859 18,881 18,891 18,595 19,152 18,977 18,442
Cash and Due from Banks		 684 582 681 584 1,047 823 553
Interest Bearing Deposits at Other Banks		 0.50 0.50 0.30 0.30 - - 0.30
Trading Account Securities		 4,960 5,019 5,111 10,400 10,915 11,245 11,362
Loans and Leases, Net of Allowance		 12,521 12,474 12,396 11,696 11,467 11,328 11,053
Loans and Leases		 12,521 12,474 12,396 11,696 11,467 11,328 11,053
Premises and Equipment, Net		 136 139 141 145 147 138 143
Goodwill		 39 39 39 39 39 39 39
Intangible Assets		 8.26 9.70 12 15 17 19 23
Other Assets		 512 624 515 892 12,006 12,304 11,992
Total Liabilities & Shareholders' Equity		 18,859 18,881 18,891 18,595 19,152 18,977 18,442
Total Liabilities		 17,158 17,390 17,411 17,292 17,754 17,572 17,177
Non-Interest Bearing Deposits		 5,276 5,406 5,346 5,440 5,874 6,024 6,236
Interest Bearing Deposits		 11,072 11,123 11,199 10,995 10,945 10,028 10,334
Short-Term Debt		 0.00 0.00 0.00 0.00 74 173 200
Long-Term Debt		 612 662 662 662 745 1,109 184
Other Long-Term Liabilities		 199 199 204 195 199 238 223
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 -
Total Equity & Noncontrolling Interests		 1,701 1,491 1,480 1,303 1,398 1,406 1,265
Total Preferred & Common Equity		 1,701 1,491 1,480 1,303 1,398 1,406 1,265
Total Common Equity		 1,701 1,491 1,480 1,303 1,398 1,406 1,265
Common Stock		 985 984 982 986 985 982 992
Retained Earnings		 1,989 1,942 1,893 1,791 1,733 1,688 1,593
Accumulated Other Comprehensive Income / (Loss)		 -484 -644 -654 -851 -772 -718 -863
Other Equity Adjustments		 -790 -790 -740 - - - -

Annual Metrics And Ratios for First BanCorp.

This table displays calculated financial ratios and metrics derived from First BanCorp.'s official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -3.57% 5.92% 2.27% 21.01% 8.20% 8.22% 9.70% -3.17% -1.97% 0.72%
EBITDA Growth		 -11.84% -0.32% -8.24% 209.56% -39.51% 24.25% 159.70% -48.80% 159.29% -53.39%
EBIT Growth		 -11.97% -2.31% -6.40% 276.35% -51.32% 25.35% 207.57% -52.42% 369.98% -69.75%
NOPAT Growth		 -1.37% -0.72% 8.56% 174.78% -38.90% -16.98% 201.11% -28.18% 337.76% -94.57%
Net Income Growth		 -1.37% -0.72% 8.56% 174.78% -38.90% -16.98% 201.11% -28.18% 337.76% -94.57%
EPS Growth		 5.85% 7.55% 21.37% 184.78% -39.47% -17.39% 206.67% -30.23% 330.00% -94.65%
Operating Cash Flow Growth		 11.35% -17.60% 10.20% 34.25% 1.17% 2.07% 22.19% 18.32% -23.85% -0.93%
Free Cash Flow Firm Growth		 -43.65% -51.52% 19.69% 4,907.46% -107.08% 16.36% 428.80% -127.16% 164.11% 183.94%
Invested Capital Growth		 3.32% -4.43% -18.89% -12.92% 3.79% -1.18% 0.85% 4.05% -3.36% -1.70%
Revenue Q/Q Growth		 -3.40% 6.70% -3.22% 1.96% 6.53% 0.94% 8.09% -5.44% 4.17% -4.08%
EBITDA Q/Q Growth		 -7.98% 12.84% -13.17% 14.49% 12.48% -2.33% 37.62% -31.88% 41.81% -40.60%
EBIT Q/Q Growth		 -8.26% 13.88% -13.94% 17.48% 7.01% -2.75% 43.70% -36.27% 53.02% -57.11%
NOPAT Q/Q Growth		 -3.00% 4.05% -0.15% 9.13% 15.45% -27.87% 61.71% 0.47% 10.54% -93.68%
Net Income Q/Q Growth		 -3.00% 4.05% -0.15% 9.13% 15.45% -27.87% 61.71% 0.47% 10.54% -93.68%
EPS Q/Q Growth		 -0.55% 4.27% 3.92% 9.17% 17.95% -28.97% 64.29% 0.00% 10.26% -93.75%
Operating Cash Flow Q/Q Growth		 4.54% -6.80% 2.22% -7.18% 29.88% -5.13% 13.00% -14.18% 9.65% 15.59%
Free Cash Flow Firm Q/Q Growth		 670.02% 1,738.90% -49.87% 52.68% -112.64% 323.92% -64.95% 77.74% 198.94% -55.14%
Invested Capital Q/Q Growth		 -3.53% 9.90% 37.01% -7.20% 0.00% -4.42% 7.49% -5.63% 0.05% 4.17%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 42.65% 46.64% 49.56% 55.24% 21.59% 38.62% 33.64% 14.21% 26.88% 10.16%
EBIT Margin		 39.18% 42.92% 46.53% 50.84% 16.35% 36.34% 31.37% 11.19% 22.77% 4.75%
Profit (Net Income) Margin		 33.21% 32.47% 34.65% 32.64% 14.37% 25.45% 33.18% 12.09% 16.30% 3.65%
Tax Burden Percent		 76.36% 76.20% 68.16% 65.69% 87.92% 69.92% 105.75% 108.02% 71.57% 76.84%
Interest Burden Percent		 111.02% 99.28% 109.23% 97.72% 100.00% 100.17% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.64% 23.80% 31.84% 34.31% 12.08% 30.08% -5.75% -8.02% 28.43% 23.16%
Return on Invested Capital (ROIC)		 13.61% 13.71% 12.09% 9.39% 3.26% 5.40% 6.49% 2.21% 3.08% 0.69%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.61% 13.71% 12.09% 9.39% 3.26% 5.40% 6.49% 2.21% 3.08% 0.69%
Return on Net Nonoperating Assets (RNNOA)		 5.26% 7.75% 5.71% 3.45% 1.29% 2.44% 3.81% 1.46% 2.27% 0.58%
Return on Equity (ROE)		 18.87% 21.46% 17.80% 12.84% 4.54% 7.83% 10.30% 3.66% 5.36% 1.27%
Cash Return on Invested Capital (CROIC)		 10.35% 18.24% 32.95% 23.21% -0.46% 6.58% 5.65% -1.76% 6.50% 2.40%
Operating Return on Assets (OROA)		 1.84% 2.13% 2.08% 2.21% 0.74% 1.92% 1.56% 0.51% 1.06% 0.22%
Return on Assets (ROA)		 1.56% 1.61% 1.55% 1.42% 0.65% 1.35% 1.65% 0.55% 0.76% 0.17%
Return on Common Equity (ROCE)		 18.87% 21.46% 17.80% 12.74% 4.47% 7.70% 10.11% 3.59% 5.25% 1.24%
Return on Equity Simple (ROE_SIMPLE)		 17.90% 20.22% 23.01% 13.37% 4.50% 7.51% 9.86% 3.58% 5.22% 1.26%
Net Operating Profit after Tax (NOPAT)		 299 303 305 281 102 167 202 67 93 21
NOPAT Margin		 33.21% 32.47% 34.65% 32.64% 14.37% 25.45% 33.18% 12.09% 16.30% 3.65%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 38.98% 36.13% 36.48% 36.98% 38.27% 37.73% 39.27% 41.00% 39.30% 39.81%
Operating Expenses to Revenue		 54.16% 50.55% 50.32% 56.79% 59.62% 57.55% 58.92% 62.77% 62.07% 65.77%
Earnings before Interest and Taxes (EBIT)		 352 400 410 438 116 239 191 62 130 28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 384 435 436 476 154 254 204 79 154 59
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.81 1.82 1.63 1.20 0.78 0.89 0.77 0.50 0.68 0.35
Price to Tangible Book Value (P/TBV)		 1.86 1.88 1.70 1.24 0.81 0.90 0.77 0.50 0.68 0.35
Price to Revenue (P/Rev)		 3.36 2.92 2.45 2.93 2.46 2.95 2.56 1.65 2.08 0.99
Price to Earnings (P/E)		 10.11 8.98 7.07 9.10 17.56 11.80 7.82 6.97 12.82 27.23
Dividend Yield		 3.47% 3.55% 3.94% 2.53% 2.50% 1.57% 0.42% 0.00% 0.00% 0.00%
Earnings Yield		 9.89% 11.14% 14.14% 10.99% 5.70% 8.48% 12.79% 14.34% 7.80% 3.67%
Enterprise Value to Invested Capital (EV/IC)		 1.09 1.26 1.16 0.24 0.40 0.74 0.67 0.47 0.71 0.40
Enterprise Value to Revenue (EV/Rev)		 2.69 2.91 2.97 0.77 1.79 3.48 3.43 2.65 3.70 2.13
Enterprise Value to EBITDA (EV/EBITDA)		 6.31 6.25 5.99 1.40 8.30 9.00 10.21 18.62 13.76 20.99
Enterprise Value to EBIT (EV/EBIT)		 6.87 6.79 6.38 1.52 10.96 9.57 10.95 23.65 16.24 44.92
Enterprise Value to NOPAT (EV/NOPAT)		 8.11 8.98 8.57 2.37 12.46 13.66 10.35 21.89 22.69 58.46
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.99 7.49 5.93 1.67 4.28 7.77 7.24 6.21 10.61 4.75
Enterprise Value to Free Cash Flow (EV/FCFF)		 10.67 6.75 3.14 0.96 0.00 11.20 11.90 0.00 10.77 16.74
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.34 0.44 0.70 0.33 0.41 0.38 0.53 0.65 0.66 0.82
Long-Term Debt to Equity		 0.34 0.44 0.65 0.18 0.27 0.34 0.45 0.49 0.50 0.40
Financial Leverage		 0.39 0.57 0.47 0.37 0.39 0.45 0.59 0.66 0.74 0.84
Leverage Ratio		 12.06 13.30 11.50 9.04 6.97 5.82 6.26 6.62 7.04 7.52
Compound Leverage Factor		 13.39 13.20 12.56 8.84 6.97 5.83 6.26 6.62 7.04 7.52
Debt to Total Capital		 25.18% 30.64% 41.33% 24.55% 28.88% 27.71% 34.44% 39.56% 39.91% 44.92%
Short-Term Debt to Total Capital		 0.00% 0.00% 3.33% 10.77% 9.38% 3.24% 4.81% 9.70% 10.09% 22.76%
Long-Term Debt to Total Capital		 25.18% 30.64% 38.01% 13.78% 19.50% 24.47% 29.63% 29.86% 29.81% 22.16%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 1.13% 1.17% 1.16% 1.17% 1.21% 1.17%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 74.82% 69.36% 58.67% 75.45% 70.01% 71.13% 64.41% 59.27% 58.88% 53.91%
Debt to EBITDA		 1.46 1.52 2.14 1.44 6.01 3.36 5.25 15.54 7.71 23.30
Net Debt to EBITDA		 -1.56 0.00 1.04 -3.90 -3.32 1.21 2.42 6.54 5.77 10.61
Long-Term Debt to EBITDA		 1.46 1.52 1.97 0.81 4.06 2.97 4.52 11.73 5.76 11.49
Debt to NOPAT		 1.88 2.18 3.06 2.43 9.03 5.10 5.33 18.28 12.72 64.87
Net Debt to NOPAT		 -2.00 0.00 1.49 -6.61 -4.98 1.84 2.46 7.68 9.51 29.54
Long-Term Debt to NOPAT		 1.88 2.18 2.81 1.37 6.10 4.51 4.58 13.79 9.51 32.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.81% 1.58% 1.67% 1.83% 1.98% 2.07% 2.15%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 227 403 831 694 -14 204 175 -53 196 74
Operating Cash Flow to CapEx		 4,038.27% 1,606.10% 2,153.01% 2,994.39% 1,852.76% 1,309.21% 1,405.49% 2,505.72% 1,923.16% 10,663.31%
Free Cash Flow to Firm to Interest Expense		 0.79 2.17 12.35 10.72 -0.16 1.88 1.76 -0.55 1.94 0.72
Operating Cash Flow to Interest Expense		 1.40 1.96 6.54 6.17 3.21 2.70 2.90 2.44 1.97 2.54
Operating Cash Flow Less CapEx to Interest Expense		 1.37 1.84 6.24 5.96 3.04 2.50 2.69 2.34 1.87 2.51
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.05 0.05 0.04 0.04 0.05 0.05 0.05 0.05 0.05 0.05
Fixed Asset Turnover		 6.53 6.55 6.09 5.65 4.62 4.42 4.20 3.78 3.67 3.56
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 2,231 2,159 2,259 2,786 3,199 3,082 3,119 3,093 2,972 3,076
Invested Capital Turnover		 0.41 0.42 0.35 0.29 0.23 0.21 0.20 0.18 0.19 0.19
Increase / (Decrease) in Invested Capital		 72 -100 -526 -413 117 -37 26 120 -103 -53
Enterprise Value (EV)		 2,422 2,719 2,613 666 1,275 2,286 2,087 1,466 2,115 1,245
Market Capitalization		 3,019 2,719 2,158 2,523 1,748 1,943 1,555 915 1,192 580
Book Value per Share		 $10.19 $8.68 $7.18 $10.22 $10.26 $10.09 $9.25 $8.48 $8.05 $7.71
Tangible Book Value per Share		 $9.91 $8.38 $6.86 $9.89 $9.90 $9.92 $9.25 $8.48 $8.05 $7.71
Total Capital		 2,231 2,159 2,259 2,786 3,199 3,082 3,119 3,093 2,972 3,076
Total Debt		 562 662 934 684 924 854 1,074 1,224 1,186 1,381
Total Long-Term Debt		 562 662 859 384 624 754 924 924 886 681
Net Debt		 -597 -0.53 455 -1,857 -510 307 495 515 887 629
Capital Expenditures (CapEx)		 10 23 20 13 16 22 21 9.42 10 2.46
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 562 662 934 684 924 854 1,074 1,224 1,186 1,381
Total Depreciation and Amortization (D&A)		 31 35 27 38 37 15 14 17 23 32
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.82 $1.72 $0.00 $1.32 $0.46 $0.76 $0.92 $0.30 $0.44 $0.10
Adjusted Weighted Average Basic Shares Outstanding		 163.87M 167.32M 0.00 198.41M 218.23M 217.36M 217.24M 216.33M 217.51M 215.21M
Adjusted Diluted Earnings per Share		 $1.81 $1.71 $0.00 $1.31 $0.46 $0.76 $0.92 $0.30 $0.43 $0.10
Adjusted Weighted Average Diluted Shares Outstanding		 163.87M 167.32M 0.00 198.41M 218.23M 217.36M 217.24M 216.33M 217.51M 215.21M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 163.87M 167.32M 0.00 198.41M 218.23M 217.36M 217.24M 216.33M 217.51M 215.21M
Normalized Net Operating Profit after Tax (NOPAT)		 299 303 305 298 126 175 133 43 93 21
Normalized NOPAT Margin		 33.21% 32.47% 34.65% 34.65% 17.65% 26.67% 21.96% 7.83% 16.30% 3.65%
Pre Tax Income Margin		 43.50% 42.61% 50.83% 49.69% 16.35% 36.40% 31.37% 11.19% 22.77% 4.75%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 1.23 2.16 6.09 6.76 1.26 2.20 1.91 0.64 1.29 0.27
NOPAT to Interest Expense		 1.04 1.63 4.53 4.34 1.10 1.54 2.02 0.69 0.92 0.21
EBIT Less CapEx to Interest Expense		 1.19 2.04 5.78 6.55 1.08 1.99 1.71 0.54 1.19 0.24
NOPAT Less CapEx to Interest Expense		 1.00 1.51 4.23 4.13 0.93 1.33 1.82 0.59 0.82 0.18
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 35.34% 32.91% 28.79% 24.01% 45.07% 19.74% 4.56% 4.00% 0.24% 0.00%
Augmented Payout Ratio		 69.62% 100.01% 119.84% 24.01% 45.07% 20.91% 5.96% 7.73% 1.45% 0.00%

Quarterly Metrics And Ratios for First BanCorp.

This table displays calculated financial ratios and metrics derived from First BanCorp.'s official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -12.49% 2.82% -2.14% -1.24% 30.02% -7.95% -0.14% 5.77% -13.06% 10.67%
EBITDA Growth		 -28.41% -11.06% -0.70% -5.19% 73.30% -6.04% -2.91% -27.04% -49.50% -3.88%
EBIT Growth		 -29.28% -11.25% 0.00% -5.09% 81.96% -8.39% -7.23% -29.12% -52.70% -5.41%
NOPAT Growth		 -10.89% -3.70% 7.34% 3.90% 16.10% 2.62% -5.41% -14.41% -0.63% -1.42%
Net Income Growth		 -10.89% -3.70% 7.34% 3.90% 16.10% 2.62% -5.41% -14.41% -0.63% -1.42%
EPS Growth		 -2.13% -2.17% 17.95% 12.82% 17.50% 15.00% 2.63% -4.88% 17.65% 11.11%
Operating Cash Flow Growth		 22.16% 0.59% 39.38% 2.45% -25.06% 1.84% -51.28% 0.51% 9.95% 45.70%
Free Cash Flow Firm Growth		 -97.80% -14.63% 2,913.79% 346.00% -69.12% -116.75% -100.53% -129.21% 23.04% 422.81%
Invested Capital Growth		 3.32% 17.70% -2.89% -20.31% -4.43% 19.14% 3.53% 13.64% -18.89% -45.06%
Revenue Q/Q Growth		 -1.26% 1.33% -3.71% -9.16% 16.02% -3.56% -2.83% 19.59% -17.86% 4.61%
EBITDA Q/Q Growth		 -11.73% -4.99% -4.84% -10.30% 9.66% 6.08% -9.14% 63.97% -40.54% 9.61%
EBIT Q/Q Growth		 -11.63% -5.40% -5.91% -10.08% 10.90% 6.58% -10.70% 72.38% -44.16% 7.93%
NOPAT Q/Q Growth		 2.68% -2.78% 3.24% -13.53% 10.97% 8.35% -0.06% -3.38% -1.92% -0.12%
Net Income Q/Q Growth		 2.68% -2.78% 3.24% -13.53% 10.97% 8.35% -0.06% -3.38% -1.92% -0.12%
EPS Q/Q Growth		 2.22% -2.17% 4.55% -6.38% 2.17% 17.95% 0.00% -2.50% 0.00% 5.26%
Operating Cash Flow Q/Q Growth		 -17.94% 65.81% -39.83% 49.23% -32.43% 129.75% -55.78% 9.16% -8.17% 9.90%
Free Cash Flow Firm Q/Q Growth		 101.49% -295.80% -77.40% 234.65% 177.40% -4,706.35% 98.02% -142.01% -58.01% 51.55%
Invested Capital Q/Q Growth		 -3.53% 7.40% 0.55% -0.83% 9.90% -11.39% -17.49% 18.94% 37.01% -23.00%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 37.73% 42.20% 45.01% 45.54% 46.11% 48.79% 44.36% 47.44% 34.60% 47.80%
EBIT Margin		 34.50% 38.55% 41.30% 42.26% 42.69% 44.66% 40.41% 43.97% 30.51% 44.88%
Profit (Net Income) Margin		 34.09% 32.78% 34.17% 31.87% 33.48% 35.00% 31.15% 30.29% 37.49% 31.40%
Tax Burden Percent		 78.83% 76.49% 74.81% 75.41% 100.09% 70.24% 70.00% 68.88% 68.69% 69.96%
Interest Burden Percent		 125.33% 111.17% 110.61% 100.00% 78.34% 111.57% 110.13% 100.00% 178.92% 100.00%
Effective Tax Rate		 21.17% 23.51% 25.19% 24.59% -0.09% 29.76% 30.00% 31.12% 31.31% 30.04%
Return on Invested Capital (ROIC)		 13.97% 14.27% 14.46% 12.27% 14.13% 16.93% 12.76% 10.71% 13.09% 12.29%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.97% 14.27% 14.46% 12.27% 14.13% 16.93% 12.76% 10.71% 13.09% 12.29%
Return on Net Nonoperating Assets (RNNOA)		 5.40% 6.05% 7.41% 8.27% 7.99% 6.89% 6.06% 6.27% 6.18% 4.21%
Return on Equity (ROE)		 19.36% 20.32% 21.88% 20.54% 22.12% 23.82% 18.82% 16.98% 19.27% 16.50%
Cash Return on Invested Capital (CROIC)		 10.35% -1.86% 17.16% 35.27% 18.24% -1.36% 9.80% -1.16% 32.95% 71.31%
Operating Return on Assets (OROA)		 1.62% 1.92% 2.01% 2.08% 2.12% 2.11% 1.87% 2.02% 1.36% 2.06%
Return on Assets (ROA)		 1.61% 1.63% 1.66% 1.56% 1.66% 1.65% 1.44% 1.39% 1.68% 1.44%
Return on Common Equity (ROCE)		 19.36% 20.32% 21.88% 20.54% 22.12% 23.82% 18.84% 16.98% 19.27% 16.33%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 18.11% 20.84% 20.65% 0.00% 22.34% 20.68% 20.86% 0.00% 24.15%
Net Operating Profit after Tax (NOPAT)		 76 74 76 73 85 77 71 71 73 75
NOPAT Margin		 34.09% 32.78% 34.17% 31.87% 33.48% 35.00% 31.15% 30.29% 37.49% 31.40%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 40.53% 39.04% 38.72% 37.67% 34.01% 39.00% 35.97% 35.90% 42.01% 34.89%
Operating Expenses to Revenue		 56.08% 54.67% 53.47% 52.46% 49.89% 53.33% 49.79% 49.39% 57.86% 48.48%
Earnings before Interest and Taxes (EBIT)		 77 87 92 97 108 98 92 103 60 107
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 84 95 100 105 117 107 101 111 68 114
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.81 2.01 1.99 1.98 1.82 1.75 1.48 1.36 1.63 1.85
Price to Tangible Book Value (P/TBV)		 1.86 2.06 2.06 2.05 1.88 1.82 1.54 1.42 1.70 1.95
Price to Revenue (P/Rev)		 3.36 3.66 3.21 3.15 2.92 2.61 2.31 2.14 2.45 2.58
Price to Earnings (P/E)		 10.11 15.47 9.56 9.58 8.98 6.02 7.14 6.53 7.07 7.73
Dividend Yield		 3.47% 2.98% 3.36% 3.42% 3.55% 4.23% 4.53% 4.72% 3.94% 3.53%
Earnings Yield		 9.89% 6.46% 10.46% 10.44% 11.14% 16.62% 14.01% 15.32% 14.14% 12.93%
Enterprise Value to Invested Capital (EV/IC)		 1.09 1.44 1.42 1.36 1.26 1.20 0.83 0.88 1.16 1.32
Enterprise Value to Revenue (EV/Rev)		 2.69 3.59 3.30 3.13 2.91 2.69 2.06 2.66 2.97 2.39
Enterprise Value to EBITDA (EV/EBITDA)		 6.31 8.01 7.12 6.77 6.25 6.11 4.68 6.00 5.99 4.33
Enterprise Value to EBIT (EV/EBIT)		 6.87 8.69 7.72 7.36 6.79 6.70 5.09 6.45 6.38 4.57
Enterprise Value to NOPAT (EV/NOPAT)		 8.11 10.84 9.82 9.52 8.98 8.09 6.35 8.09 8.57 7.12
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.99 8.64 7.91 7.95 7.49 6.05 4.74 5.38 5.93 5.05
Enterprise Value to Free Cash Flow (EV/FCFF)		 10.67 0.00 8.14 3.42 6.75 0.00 8.60 0.00 3.14 1.31
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.34 0.36 0.44 0.45 0.44 0.51 0.59 0.91 0.70 0.30
Long-Term Debt to Equity		 0.34 0.36 0.44 0.45 0.44 0.51 0.53 0.79 0.65 0.15
Financial Leverage		 0.39 0.42 0.51 0.67 0.57 0.41 0.47 0.59 0.47 0.34
Leverage Ratio		 12.06 12.47 13.16 13.12 13.30 14.42 13.09 12.21 11.50 11.46
Compound Leverage Factor		 15.12 13.86 14.56 13.12 10.42 16.09 14.41 12.21 20.58 11.46
Debt to Total Capital		 25.18% 26.45% 30.73% 30.90% 30.64% 33.68% 36.95% 47.70% 41.33% 23.27%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.33% 6.44% 3.33% 12.13%
Long-Term Debt to Total Capital		 25.18% 26.45% 30.73% 30.90% 30.64% 33.68% 33.62% 41.26% 38.01% 11.14%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 74.82% 73.55% 69.27% 69.10% 69.36% 66.32% 63.05% 52.30% 58.67% 76.73%
Debt to EBITDA		 1.46 1.47 1.54 1.54 1.52 1.72 2.09 3.24 2.14 0.76
Net Debt to EBITDA		 -1.56 -0.17 0.19 -0.05 0.00 0.20 -0.58 1.16 1.04 -0.34
Long-Term Debt to EBITDA		 1.46 1.47 1.54 1.54 1.52 1.72 1.90 2.80 1.97 0.37
Debt to NOPAT		 1.88 1.99 2.13 2.17 2.18 2.27 2.83 4.37 3.06 1.26
Net Debt to NOPAT		 -2.00 -0.24 0.26 -0.06 0.00 0.27 -0.79 1.57 1.49 -0.55
Long-Term Debt to NOPAT		 1.88 1.99 2.13 2.17 2.18 2.27 2.58 3.78 2.81 0.60
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.11% 0.00% 0.00% 1.04%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 4.07 -274 140 619 185 -239 -4.98 -252 599 1,427
Operating Cash Flow to CapEx		 5,971.68% 4,662.45% 4,143.45% 2,856.18% 2,977.83% 3,146.42% 351.47% 6,833.33% 2,107.49% 3,197.56%
Free Cash Flow to Firm to Interest Expense		 0.06 -3.77 1.93 8.60 6.64 -3.76 -0.10 -6.07 21.50 96.61
Operating Cash Flow to Interest Expense		 1.37 1.62 0.98 1.64 2.84 1.84 0.97 2.78 3.79 7.79
Operating Cash Flow Less CapEx to Interest Expense		 1.35 1.59 0.96 1.59 2.75 1.78 0.70 2.74 3.61 7.55
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.04 0.05
Fixed Asset Turnover		 6.53 6.63 6.49 6.66 6.55 6.07 6.12 6.30 6.09 6.20
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 2,231 2,313 2,153 2,141 2,159 1,965 2,217 2,687 2,259 1,649
Invested Capital Turnover		 0.41 0.44 0.42 0.39 0.42 0.48 0.41 0.35 0.35 0.39
Increase / (Decrease) in Invested Capital		 72 348 -64 -546 -100 316 76 322 -526 -1,353
Enterprise Value (EV)		 2,422 3,339 3,051 2,908 2,719 2,355 1,836 2,373 2,613 2,175
Market Capitalization		 3,019 3,412 2,971 2,928 2,719 2,277 2,064 1,914 2,158 2,345
Book Value per Share		 $10.19 $10.38 $8.96 $8.89 $8.68 $7.31 $7.78 $7.78 $7.18 $6.73
Tangible Book Value per Share		 $9.91 $10.09 $8.67 $8.59 $8.38 $7.01 $7.47 $7.46 $6.86 $6.40
Total Capital		 2,231 2,313 2,153 2,141 2,159 1,965 2,217 2,687 2,259 1,649
Total Debt		 562 612 662 662 662 662 819 1,282 934 384
Total Long-Term Debt		 562 612 662 662 662 662 745 1,109 859 184
Net Debt		 -597 -73 79 -19 -0.53 77 -228 459 455 -169
Capital Expenditures (CapEx)		 1.62 2.53 1.72 4.14 2.66 3.73 15 1.69 5.02 3.60
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 562 612 662 662 662 662 819 1,282 934 384
Total Depreciation and Amortization (D&A)		 7.16 8.21 8.24 7.56 8.68 9.03 8.95 8.08 7.98 6.94
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.47 $0.45 $0.46 $0.44 $0.47 $0.47 $0.39 $0.39 $0.40 $0.40
Adjusted Weighted Average Basic Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Adjusted Diluted Earnings per Share		 $0.46 $0.45 $0.46 $0.44 $0.47 $0.46 $0.39 $0.39 $0.40 $0.40
Adjusted Weighted Average Diluted Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 163.87M 163.87M 163.87M 166.43M 167.32M 172.55M 178.30M 179.79M 180.59M 184.61M
Normalized Net Operating Profit after Tax (NOPAT)		 76 74 76 73 59 77 71 71 73 75
Normalized NOPAT Margin		 34.09% 32.78% 34.17% 31.87% 23.41% 35.00% 31.15% 30.29% 37.49% 31.40%
Pre Tax Income Margin		 43.25% 42.86% 45.68% 42.26% 33.45% 49.83% 44.51% 43.97% 54.58% 44.88%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 1.09 1.19 1.26 1.35 3.89 1.53 1.75 2.47 2.14 7.22
NOPAT to Interest Expense		 1.07 1.02 1.04 1.02 3.05 1.20 1.35 1.70 2.62 5.05
EBIT Less CapEx to Interest Expense		 1.06 1.16 1.24 1.30 3.79 1.48 1.47 2.43 1.96 6.97
NOPAT Less CapEx to Interest Expense		 1.05 0.98 1.02 0.96 2.95 1.14 1.07 1.66 2.44 4.81
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 35.34% 33.56% 32.81% 33.10% 32.91% 33.63% 33.09% 31.80% 28.79% 28.31%
Augmented Payout Ratio		 69.62% 33.56% 32.81% 99.32% 100.01% 33.63% 33.09% 31.80% 119.84% 28.31%

Frequently Asked Questions About First BanCorp.'s Financials

When does First BanCorp.'s financial year end?

According to the most recent income statement we have on file, First BanCorp.'s fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has First BanCorp.'s net income changed over the last 9 years?

First BanCorp.'s net income appears to be on an upward trend, with a most recent value of $298.72 million in 2024, rising from $21.30 million in 2015. The previous period was $302.86 million in 2023. View First BanCorp.'s forecast to see where analysts expect First BanCorp. to go next.

How has First BanCorp. revenue changed over the last 9 years?

Over the last 9 years, First BanCorp.'s total revenue changed from $583.59 million in 2015 to $899.38 million in 2024, a change of 54.1%.

How much debt does First BanCorp. have?

First BanCorp.'s total liabilities were at $17.62 billion at the end of 2024, a 1.2% increase from 2023, and a 62.0% increase since 2015.

How much cash does First BanCorp. have?

In the past 9 years, First BanCorp.'s cash and equivalents has ranged from $296.89 million in 2016 to $2.54 billion in 2021, and is currently $1.16 billion as of their latest financial filing in 2024.

How has First BanCorp.'s book value per share changed over the last 9 years?

Over the last 9 years, First BanCorp.'s book value per share changed from 7.71 in 2015 to 10.19 in 2024, a change of 32.1%.


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This page (NYSE:FBP) was last updated on 5/25/2025 by MarketBeat.com Staff
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