FBP
First BanCorp (Puerto Rico)
NYSE · Financial Services · Banks - Regional · US
$26.67
+1.60%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.3B | 1.3B | 1.2B | 1.1B | 953.9M |
| Cost of Revenue | 315.4M | 340.2M | 349.0M | 293.4M | 95.7M |
| Gross Profit | 972.0M | 916.4M | 843.7M | 830.2M | 858.2M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 344.5M | 334.1M | 262.8M | 257.6M | 228.9M |
| General & Admin Expense | 344.5M | 334.1M | 245.1M | 238.0M | 210.7M |
| Selling & Marketing Expense | — | — | 17.6M | 19.6M | 18.2M |
| Other Expenses | 170.4M | 165.6M | 189.8M | 175.1M | 181.7M |
| Total Operating Expenses | 514.9M | 499.6M | 452.5M | 432.7M | 410.6M |
| Cost and Expenses | 830.3M | 839.8M | 801.6M | 726.1M | 506.3M |
| Operating Income (EBIT) | 457.1M | 416.7M | 391.2M | 397.4M | 447.6M |
| Non-Operating | |||||
| Interest Income | 1.1B | 1.1B | 1.1B | 1.0B | 862.6M |
| Interest Expense | 243.2M | 254.2M | 287.7M | 226.4M | 67.3M |
| Net Interest Income | 900.4M | 868.9M | 807.5M | 797.1M | 795.3M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 457.1M | 416.7M | 391.2M | 397.4M | 447.6M |
| Income Tax Expense | 88.9M | 71.9M | 92.5M | 94.6M | 142.5M |
| Bottom Line | |||||
| Net Income | 368.1M | 344.9M | 298.7M | 302.9M | 305.1M |
| Earnings from Cont. Ops | 368.1M | 344.9M | 298.7M | 302.9M | 305.1M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 368.1M | 344.9M | 298.7M | 302.9M | 305.1M |
| Per Share | |||||
| Basic EPS | $2.40 | $2.16 | $1.82 | $1.72 | $1.60 |
| Diluted EPS | $2.37 | $2.15 | $1.81 | $1.71 | $1.59 |
| Revenue Per Share | $8.52 | $7.86 | $7.25 | $6.37 | $5.00 |
| Shares | |||||
| Basic Shares Outstanding | 151.1M | 160.0M | 164.5M | 176.5M | 190.8M |
| Diluted Shares Outstanding | 151.9M | 160.7M | 165.3M | 177.2M | 192.0M |
| Profitability Metrics | |||||
| EBITDA | 465.7M | 437.5M | 416.2M | 425.7M | 478.7M |
| D&A | 8.6M | 20.8M | 25.0M | 28.2M | 31.1M |
| EBIT | 457.1M | 416.7M | 391.1M | 397.4M | 447.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026