First BanCorp. (FBP) — Financial statements
Income statement, balance sheet, and cash flow for First BanCorp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,257↑5.3% | 1,193↑6.2% | 1,124↑17.8% | 954↑8.1% | 882 | |
| Cost of Revenue | 340↓2.5% | 349↑19.0% | 293↑206.5% | 96↑18908.6% | -0.51 | |
| Gross Profit | 916↑8.6% | 844↑1.6% | 830↓3.3% | 858↓2.8% | 883 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 334↑36.3% | 245↑3.0% | 238↑13.0% | 211↑2.8% | 205 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 18↓10.1% | 20↑7.7% | 18↑18.7% | 15 | |
| SG&A Expenses | 334↑27.1% | 263↑2.0% | 258↑12.6% | 229↑3.9% | 220 | |
| Other Expenses | 166↓12.7% | 190↑8.4% | 175↓3.6% | 182↓22.5% | 234 | |
| Operating Expenses | 500↑10.4% | 453↑4.6% | 433↑5.4% | 411↓9.7% | 455 | |
| Total Costs & Expenses | 840↑4.8% | 802↑10.4% | 726↑43.4% | 506↑11.5% | 454 | |
| Operating Results | ||||||
| Operating Income | 417↑6.5% | 391↓1.6% | 397↓11.2% | 448↑4.6% | 428 | |
| Depreciation & Amortization | 0.00↓100.0% | 25↓11.5% | 28↓9.2% | 31↓14.5% | 36 | |
| EBITDA | 417↑0.1% | 416↓2.2% | 426↓11.1% | 479↑3.1% | 464 | |
| EBIT | 417↑6.6% | 391↓1.6% | 397↓11.2% | 448↑4.6% | 428 | |
| Interest & Other Income | ||||||
| Net Interest Income | 869↑7.6% | 807↑1.3% | 797↑0.2% | 795↑9.0% | 730 | |
| Interest Income | 1,123↑2.6% | 1,095↑7.0% | 1,023↑18.6% | 863↑8.5% | 795 | |
| Interest Expense | 254↓11.6% | 288↑27.1% | 226↑236.3% | 67↑3.9% | 65 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 417↑6.5% | 391↓1.6% | 397↓11.2% | 448↑4.6% | 428 | |
| Income Tax Expense | 72↓22.3% | 92↓2.2% | 95↓33.6% | 143↓2.9% | 147 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 345↑15.4% | 299↓1.4% | 303↓0.7% | 305↑8.6% | 281 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 345↑15.4% | 299↓1.4% | 303↓0.7% | 305↑8.6% | 281 | |
| Bottom-Line Net Income | 345↑15.4% | 299↓1.4% | 303↓0.7% | 305↑10.0% | 277 | |
| EPS (Basic) | 2.16↑18.7% | 1.82↑5.8% | 1.72↑7.5% | 1.60↑21.2% | 1.32 | |
| EPS (Diluted) | 2.15↑18.8% | 1.81↑5.8% | 1.71↑7.5% | 1.59↑21.4% | 1.31 | |
| Weighted Average Shares | 160↓2.8% | 165↓6.8% | 177↓7.5% | 191↓9.2% | 210 | |
| Weighted Average Diluted Shares | 161↓2.7% | 165↓6.7% | 177↓7.7% | 192↓9.1% | 211 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.