Revenue
$1.26B
Fiscal year ended 2025-12-31Net income
$344.87M
Fiscal year ended 2025-12-31Total assets
$19.13B
Fiscal year ended 2025-12-31FIRST BANCORP /PR/ (FBP) reported revenue of $1.26B and net income of $344.87M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FIRST BANCORP /PR/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.23B | $1.16B | $985.71M | $915.87M | $804.21M | $766.47M | $707.28M | $650.81M | $673.25M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $344.87M | $298.72M | $302.86M | $305.07M | $281.02M | $102.27M | $167.38M | $201.61M | $66.96M | $93.23M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 160.74M | shares 165.27M | shares 177.18M | shares 191.97M | shares 211.30M | shares 217.67M | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | $416.73M | $391.21M | $397.44M | $447.58M | $427.82M | $116.32M | $239.37M | $190.64M | $61.98M | $130.26M |
| Income tax expense | $71.87M | $92.48M | $94.57M | $142.51M | $146.79M | $14.05M | $72.00M | -$10.97M | -$4.97M | -$37.03M |
| Diluted EPS | $2.15 | $1.81 | $1.71 | $1.59 | $1.31 | $0.46 | $0.76 | $0.92 | $0.30 | $0.43 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | $2.54B | $1.49B | $644.10M | $586.20M | $716.40M | $299.68M |
| Total assets | $19.13B | $19.29B | $18.91B | $18.63B | $20.79B | $18.79B | $12.61B | $12.24B | $12.26B | $11.92B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $17.17B | $17.62B | $17.41B | $17.31B | $18.68B | $16.52B | $10.38B | $10.20B | $10.39B | $10.14B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $1.97B | $1.67B | $1.50B | $1.33B | $2.10B | $2.28B | $2.23B | $2.04B | $1.87B | $1.79B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $38.61M | $38.61M | $38.61M | $38.61M | $38.61M | $38.63M | $28.10M | $28.10M | $28.10M | $28.10M |
| Long-term debt | $290.00M | $561.70M | $661.70M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $448.56M | $404.15M | $362.96M | $440.48M | $399.72M | $297.74M | $294.28M | $288.32M | $235.96M | $199.43M |
| Capital expenditures | $11.03M | $10.01M | $22.60M | $20.46M | $13.35M | $16.07M | $22.48M | $20.51M | $9.42M | $10.37M |
| Investing cash flow | -$170.39M | $136.23M | -$78.45M | -$681.46M | -$1.26B | -$1.24B | -$342.97M | -$223.26M | -$73.26M | $83.19M |
| Financing cash flow | -$778.98M | -$44.13M | -$101.85M | -$1.82B | $1.91B | $1.79B | $106.58M | -$195.26M | $254.00M | -$735.40M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$130.19M | $416.71M | -$452.77M |
| Stock-based compensation | $10.10M | $8.71M | $7.80M | $5.41M | $5.46M | $5.12M | $3.95M | $5.82M | $7.30M | $6.88M |
| Common dividends paid | $115.52M | $105.58M | $99.67M | $87.82M | $65.02M | $43.42M | $30.36M | $6.52M | $0 | $0 |
| Common share repurchases | $153.67M | $102.39M | $203.24M | $277.77M | $216.52M | $206.00K | $1.96M | $2.83M | $2.50M | $1.13M |
| Depreciation & amortization | $17.20M | $18.60M | $20.50M | $22.30M | $25.00M | $20.10M | $17.60M | $15.00M | $16.40M | $17.60M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $437.52M | $394.14M | $340.36M | $420.03M | $386.37M | $281.67M | $271.81M | $267.81M | $226.55M | $189.06M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 34.9% | 32.2% | 29.4% | 42.6% | 42.2% | 35.0% | 35.5% | 37.9% | 34.8% | 28.1% |
| SBC / revenue | 0.8% | 0.7% | 0.7% | 0.5% | 0.6% | 0.6% | 0.5% | 0.8% | 1.1% | 1.0% |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 2.4% | 6.0% | 17.3% | 7.6% | 13.9% | 4.9% | 8.4% | 8.7% | -3.3% | Unavailable |
| Net margin | 27.5% | 24.4% | 26.2% | 30.9% | 30.7% | 12.7% | 21.8% | 28.5% | 10.3% | 13.8% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.9% | 0.8% | 2.0% | 2.1% | 1.5% | 2.0% | 2.9% | 2.9% | 1.4% | 1.5% |
| Long-term debt / equity | 0.15x | 0.34x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 17.2% | 23.6% | 23.8% | 31.8% | 34.3% | 12.1% | 30.1% | -5.8% | -8.0% | -28.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FBP in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.