First BanCorp. (FBP)
NYSE: FBP · Real-Time Price · USD
19.20
-0.23 (-1.18%)
Mar 28, 2025, 4:00 PM EDT - Market closed
First BanCorp. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 965.47 | 890.56 | 747.9 | 719.15 | 631.05 | Upgrade
|
| Interest Income on Investments | 129.68 | 132.92 | 114.71 | 75.56 | 61.94 | Upgrade
|
| Total Interest Income | 1,095 | 1,023 | 862.61 | 794.71 | 692.98 | Upgrade
|
| Interest Paid on Deposits | 253.11 | 185.46 | 46.36 | 41.48 | 68.39 | Upgrade
|
| Interest Paid on Borrowings | 34.57 | 40.92 | 20.96 | 23.3 | 24.27 | Upgrade
|
| Total Interest Expense | 287.67 | 226.38 | 67.32 | 64.78 | 92.66 | Upgrade
|
| Net Interest Income | 807.48 | 797.11 | 795.29 | 729.93 | 600.32 | Upgrade
|
| Net Interest Income Growth (YoY) | 1.30% | 0.23% | 8.96% | 21.59% | 5.86% | Upgrade
|
| Mortgage Banking Activities | 12.73 | 10.58 | 15.19 | 24.87 | 22.33 | Upgrade
|
| Gain (Loss) on Sale of Assets | 0.1 | 3.51 | 0.92 | 0.03 | 0.22 | Upgrade
|
| Gain (Loss) on Sale of Investments | -0.02 | 0.02 | -0.52 | -0.1 | 13.24 | Upgrade
|
| Other Non-Interest Income | 80.66 | 74.95 | 69.61 | 60.4 | 45.95 | Upgrade
|
| Total Non-Interest Income | 132.29 | 127.1 | 123.03 | 120.49 | 106.34 | Upgrade
|
| Non-Interest Income Growth (YoY) | 4.08% | 3.31% | 2.10% | 13.31% | 18.21% | Upgrade
|
| Revenues Before Loan Losses | 939.77 | 924.21 | 918.32 | 850.42 | 706.66 | Upgrade
|
| Provision for Loan Losses | 59.92 | 60.94 | 27.7 | -65.7 | 170.99 | Upgrade
|
| Revenue | 879.85 | 863.27 | 890.62 | 916.12 | 535.68 | Upgrade
|
| Revenue Growth (YoY) | 1.92% | -3.07% | -2.78% | 71.02% | -12.30% | Upgrade
|
| Salaries and Employee Benefits | 226.99 | 215.06 | 200.63 | 194.93 | 170.18 | Upgrade
|
| Occupancy Expenses | 70.33 | 68.61 | 69.88 | 72.45 | 58.91 | Upgrade
|
| Federal Deposit Insurance | 8.72 | 8.56 | 6.15 | 6.54 | 6.49 | Upgrade
|
| Selling, General & Administrative | 102.69 | 99.13 | 98.61 | 108.34 | 91.89 | Upgrade
|
| Other Non-Interest Expense | 84.73 | 80.9 | 73.67 | 79.74 | 62.68 | Upgrade
|
| Total Non-Interest Expense | 485.97 | 465.12 | 443.11 | 459.84 | 393.75 | Upgrade
|
| EBT Excluding Unusual Items | 393.87 | 398.15 | 447.52 | 456.28 | 141.93 | Upgrade
|
| Asset Writedown | -0.04 | 0.01 | 0.07 | 0.12 | -0.21 | Upgrade
|
| Legal Settlements | - | 3.6 | - | - | - | Upgrade
|
| Other Unusual Items | -1.1 | -4.71 | - | -2.7 | -5.04 | Upgrade
|
| Pretax Income | 391.21 | 397.44 | 447.58 | 427.82 | 116.32 | Upgrade
|
| Income Tax Expense | 92.48 | 94.57 | 142.51 | 146.79 | 14.05 | Upgrade
|
| Net Income | 298.72 | 302.86 | 305.07 | 281.03 | 102.27 | Upgrade
|
| Preferred Dividends & Other Adjustments | - | - | - | 3.69 | 2.68 | Upgrade
|
| Net Income to Common | 298.72 | 302.86 | 305.07 | 277.34 | 99.6 | Upgrade
|
| Net Income Growth | -1.37% | -0.72% | 8.56% | 174.78% | -38.90% | Upgrade
|
| Basic Shares Outstanding | 165 | 177 | 191 | 210 | 217 | Upgrade
|
| Diluted Shares Outstanding | 165 | 177 | 192 | 211 | 218 | Upgrade
|
| Shares Change (YoY) | -6.72% | -7.70% | -9.15% | -2.93% | 0.25% | Upgrade
|
| EPS (Basic) | 1.82 | 1.72 | 1.60 | 1.32 | 0.46 | Upgrade
|
| EPS (Diluted) | 1.81 | 1.71 | 1.59 | 1.31 | 0.46 | Upgrade
|
| EPS Growth | 5.85% | 7.55% | 21.37% | 185.29% | -39.58% | Upgrade
|
| Dividend Per Share | 0.640 | 0.560 | 0.460 | 0.310 | 0.200 | Upgrade
|
| Dividend Growth | 14.29% | 21.74% | 48.39% | 55.00% | 42.86% | Upgrade
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| Effective Tax Rate | 23.64% | 23.80% | 31.84% | 34.31% | 12.08% | Upgrade
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Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.