First BanCorp. Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	344.87	298.72	302.86	305.07	281.03
Depreciation & Amortization	20.75	25	28.24	31.11	36.37
Provision for Credit Losses	85.96	59.92	60.94	27.7	-65.7
Stock-Based Compensation	10.1	8.71	7.8	5.41	5.46
Net Change in Loans Held-for-Sale	-1.55	-8.12	0.86	14.74	10.26
Other Adjustments	-16.47	19.66	7.18	48.1	115.54
Changes in Accrued Interest and Accounts Receivable	-11.09	5.6	-5.44	-11.34	7.7
Changes in Accounts Payable	2.75	5.36	18.43	1.71	-2.78
Changes in Other Operating Activities	13.24	-10.69	-57.91	18	11.84
Operating Cash Flow	448.56	404.15	362.96	440.49	399.72
Operating Cash Flow Growth	10.99%	11.35%	-17.60%	10.20%	34.25%
Net Change in Loans Held-for-Investment	-501.3	-687.01	-750.5	-541.69	680.56
Net Change in Securities and Investments	286.54	766.89	635.82	-166.79	-1,984
Payments for Business Acquisitions	-	-	-	-	-3.38
Capital Expenditures	-11.03	-10.01	-22.6	-20.46	-13.35
Sale of Property, Plant & Equipment	0.03	1.35	4.48	1.2	0.83
Other Investing Activities	55.37	65.01	54.35	46.28	56.42
Investing Cash Flow	-170.39	136.23	-78.45	-681.46	-1,263
Net Change in Deposits	-239.94	260.84	470.98	-1,706	2,473
Short-Term Debt Issued	-	-	-550.13	550.13	-
Net Short-Term Debt Issued (Repaid)	-	-	-550.13	550.13	-
Long-Term Debt Issued	-	-	300	200	-
Long-Term Debt Repaid	-269.85	-97	-19.8	-500	-240
Net Long-Term Debt Issued (Repaid)	-269.85	-97	280.21	-300	-240
Repurchase of Common Stock	-153.67	-102.39	-203.24	-277.77	-216.52
Net Common Stock Issued (Repurchased)	-153.67	-102.39	-203.24	-277.77	-216.52
Repurchase of Preferred Stock	-	-	-	-	-36.1
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-36.1
Common Dividends Paid	-115.52	-105.58	-99.67	-87.82	-65.02
Preferred Share Dividends Paid	-	-	-	-	-2.45
Financing Cash Flow	-778.98	-44.13	-101.85	-1,822	1,912
Net Cash Flow	-500.82	496.25	182.66	-2,063	1,049
Free Cash Flow	437.52	394.14	340.36	420.03	386.37
Free Cash Flow Growth	11.01%	15.80%	-18.97%	8.71%	37.17%
FCF Margin	47.82%	44.88%	39.17%	47.16%	42.14%
Free Cash Flow Per Share	2.72	2.38	1.92	2.19	1.83
Levered Free Cash Flow	89.63	216.98	-6.34	574.22	77.12
Unlevered Free Cash Flow	14.62	15.25	-39.28	19.01	39.79

Updated Jan 27, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q