First Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	497.68	462.31	441.18	418.85	278.19	219.01
Interest Income on Investments	90.65	94.93	78.06	70.09	62.93	36.91
Total Interest Income	588.33	557.24	519.24	488.94	341.12	255.92
Interest Paid on Deposits	143.74	152.52	172.09	114.87	11.35	7.88
Interest Paid on Borrowings	5.2	6.47	14.88	27.24	4.75	1.64
Total Interest Expense	148.94	158.99	186.97	142.1	16.1	9.52
Net Interest Income	439.39	398.25	332.27	346.84	325.02	246.4
Net Interest Income Growth	15.37%	19.86%	-4.20%	6.72%	31.91%	12.96%
Mortgage Banking Activities	2.29	1.82	2.29	1.61	2.1	10.98
Gain (Loss) on Sale of Investments	-43.72	-71.63	-37.98	-	-	-1.24
Other Non-Interest Income	46.17	44.56	33.34	36.4	35.33	44.23
Total Non-Interest Income	24.1	-7.94	17.9	57.31	57.88	73.61
Non-Interest Income Growth	-	-	-68.77%	-0.99%	-21.38%	-9.51%
Revenues Before Loan Losses	463.49	390.31	350.17	404.15	382.89	320.01
Provision for Loan Losses	10.28	11.5	16.45	17.81	12.4	15.03
Revenue	453.21	378.81	333.72	386.34	370.49	304.98
Revenue Growth	24.25%	13.51%	-13.62%	4.28%	21.48%	15.33%
Salaries and Employee Benefits	148.46	140.78	135.72	135.25	114.72	100.98
Occupancy Expenses	17.97	17.94	18.04	18.45	15.7	6.2
Amortization of Goodwill & Intangibles	4.89	5.67	6.6	8	3.68	3.53
Selling, General & Administrative	9.28	9.28	10.5	12.1	8.93	14.67
Other Non-Interest Expense	67.88	65.31	64.25	66.35	46.73	42.43
Total Non-Interest Expense	248.82	239.31	235.61	240.68	190.15	167.81
EBT Excluding Unusual Items	204.38	139.5	98.12	145.65	180.34	137.16
Pretax Income	203.93	139.5	98.12	131.96	185.22	120.32
Income Tax Expense	39.76	28.45	21.9	27.83	38.28	24.68
Net Income	164.17	111.05	76.22	104.13	146.94	95.64
Preferred Dividends & Other Adjustments	0.62	0.62	0.39	0.69	0.78	0.48
Net Income to Common	163.55	110.43	75.82	103.45	146.16	95.16
Net Income Growth	66.17%	45.64%	-26.70%	-29.22%	53.59%	17.37%
Basic Shares Outstanding	41	41	41	41	35	30
Diluted Shares Outstanding	41	41	41	41	36	30
Shares Change	-0.04%	0.30%	0.39%	15.39%	18.81%	3.61%
EPS (Basic)	3.98	2.68	1.85	2.54	4.12	3.19
EPS (Diluted)	3.97	2.68	1.84	2.53	4.12	3.19
EPS Growth	66.30%	45.26%	-27.10%	-38.58%	29.31%	13.30%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.950	0.910	0.880	0.880	0.880	0.800
Dividend Growth	5.56%	3.41%	0%	0%	10.00%	11.11%
Effective Tax Rate	19.50%	20.40%	22.32%	21.09%	20.67%	20.51%

SEC Filings: 10-K · 10-Q