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	Jun '26 Jun 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	485.48	462.31	441.18	418.85	278.19	219.01
Interest Income on Investments	93.11	94.93	78.06	70.09	62.93	36.91
Total Interest Income	578.59	557.24	519.24	488.94	341.12	255.92
Interest Paid on Deposits	145.85	152.52	172.09	114.87	11.35	7.88
Interest Paid on Borrowings	5.62	6.47	14.88	27.24	4.75	1.64
Total Interest Expense	151.47	158.99	186.97	142.1	16.1	9.52
Net Interest Income	427.12	398.25	332.27	346.84	325.02	246.4
Net Interest Income Growth	18.19%	19.86%	-4.20%	6.72%	31.91%	12.96%
Mortgage Banking Activities	2.38	1.82	2.29	1.61	2.1	10.98
Gain (Loss) on Sale of Investments	-71.63	-71.63	-37.98	-	-	-1.24
Other Non-Interest Income	46.32	44.56	33.34	36.4	35.33	44.23
Total Non-Interest Income	-3.97	-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	423.15	390.31	350.17	404.15	382.89	320.01
Provision for Loan Losses	12.43	11.5	16.45	17.81	12.4	15.03
Revenue	410.72	378.81	333.72	386.34	370.49	304.98
Revenue Growth	13.77%	13.51%	-13.62%	4.28%	21.48%	15.33%
Salaries and Employee Benefits	146.12	140.78	135.72	135.25	114.72	100.98
Occupancy Expenses	17.86	17.94	18.04	18.45	15.7	6.2
Amortization of Goodwill & Intangibles	5.13	5.67	6.6	8	3.68	3.53
Selling, General & Administrative	8.83	9.28	10.5	12.1	8.93	14.67
Other Non-Interest Expense	67.17	65.31	64.25	66.35	46.73	42.43
Total Non-Interest Expense	245.45	239.31	235.61	240.68	190.15	167.81
EBT Excluding Unusual Items	165.27	139.5	98.12	145.65	180.34	137.16
Pretax Income	165.27	139.5	98.12	131.96	185.22	120.32
Income Tax Expense	32.01	28.45	21.9	27.83	38.28	24.68
Net Income	133.25	111.05	76.22	104.13	146.94	95.64
Preferred Dividends & Other Adjustments	0.63	0.62	0.39	0.69	0.78	0.48
Net Income to Common	132.62	110.43	75.82	103.45	146.16	95.16
Net Income Growth	37.06%	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	0.09%	0.30%	0.39%	15.39%	18.81%	3.61%
EPS (Basic)	3.22	2.68	1.85	2.54	4.12	3.19
EPS (Diluted)	3.21	2.68	1.84	2.53	4.12	3.19
EPS Growth	36.96%	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	Jun '26 Jun 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	0.940	0.910	0.880	0.880	0.880	0.800
Dividend Growth	5.62%	3.41%	0%	0%	10.00%	11.11%
Effective Tax Rate	19.37%	20.40%	22.32%	21.09%	20.67%	20.51%

SEC Filings: 10-K · 10-Q