First BanCorp. (FBP)

First BanCorp. Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	869.3	868.86	890.69	916.79	540.56	617.84
Revenue Growth (YoY)	-0.80%	-2.45%	-2.85%	69.60%	-12.51%	12.60%
Gross Profit	869.3	868.86	890.69	916.79	540.56	617.84
Selling, General & Admin	378.08	374.23	360.39	369.03	316.48	287.14
Other Operating Expenses	99	97.2	82.71	119.95	107.76	91.33
Operating Expenses	477.08	471.43	443.11	488.97	424.24	378.47
Operating Income	392.22	397.44	447.58	427.82	116.32	239.37
Other Expense / Income	-	-	-	3.69	2.68	2.68
Pretax Income	392.22	397.44	447.58	424.13	113.65	236.7
Income Tax	86.59	94.57	142.51	146.79	14.05	72
Net Income	305.62	302.86	305.07	277.34	99.6	164.7
Net Income Growth	4.25%	-0.72%	10.00%	178.46%	-39.53%	-17.21%
Shares Outstanding (Basic)	167	173	185	206	218	217
Shares Change	-7.35%	-6.53%	-10.23%	-5.77%	0.40%	0.05%
EPS (Basic)	1.77	1.72	1.60	1.32	0.46	0.76
EPS (Diluted)	1.75	1.71	1.59	1.31	0.46	0.76
EPS Growth	11.46%	7.55%	21.37%	184.78%	-39.47%	-17.39%
Free Cash Flow	346.49	344.84	421.22	387.2	282.17	273.37
Free Cash Flow Per Share	2.07	2.00	2.28	1.88	1.29	1.26
Dividend Per Share	0.580	0.560	0.460	0.310	0.200	0.140
Dividend Growth	16.00%	21.74%	48.39%	55.00%	42.86%	366.67%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	45.12%	45.74%	50.25%	46.66%	21.52%	38.74%
Profit Margin	35.16%	34.86%	34.25%	30.25%	18.42%	26.66%
Free Cash Flow Margin	39.86%	39.69%	47.29%	42.23%	52.20%	44.25%
Effective Tax Rate	22.08%	23.80%	31.84%	34.61%	12.36%	30.42%
EBITDA	419.85	425.67	478.69	460.5	139.63	257.37
EBITDA Margin	48.30%	48.99%	53.74%	50.23%	25.83%	41.66%
Depreciation & Amortization	27.63	28.24	31.11	36.37	25.98	20.68
EBIT	392.22	397.44	447.58	424.13	113.65	236.7
EBIT Margin	45.12%	45.74%	50.25%	46.26%	21.02%	38.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).