Valuation, from the filing
| Public float | $3.24B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $20.68 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 9.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
9.4× earnings today, against a median of 9.0× across 10 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $3.24B | 9.4× | |
| 2024-06-30 | $2.87B | 9.6× | |
| 2023-06-30 | $2.10B | 6.9× | |
| 2022-06-30 | $2.37B | 7.8× | |
| 2021-06-30 | $2.42B | 8.6× | |
| 2020-06-30 | $1.17B | 11.5× | |
| 2019-06-30 | $2.33B | 13.9× | |
| 2018-06-30 | $1.61B | 8.0× | |
| 2017-06-30 | $914.19M | 13.7× | |
| 2016-06-30 | $501.75M | 5.4× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the State Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| CapEx / revenue | 0.9% | 7th | |
| SBC / revenue | 0.8% | 10th | |
| Effective tax rate | 17.2% | 15th | |
| FCF margin | 34.9% | 29th | |
| Net margin | 27.5% | 31th | |
| Revenue YoY growth | 2.4% | 38th | |
| Long-term debt / equity | 0.15x | 47th |
FIRST BANCORP /PR/ (FBP) reported revenue of $1.03B and net income of $372.56M for the fiscal year ended 2026-06-30. This page shows 1 annual period 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 | 2026-06-30 |
|---|---|
| Revenue | $1.03B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $372.56M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $448.02M |
| Income tax expense | $75.46M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | Unavailable |
| Total assets | $19.24B |
| Current assets | Unavailable |
| Total liabilities | $17.26B |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $1.98B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | Unavailable |
| Goodwill | $38.61M |
| Long-term debt | $200.00M |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $458.19M |
| Capital expenditures | $17.15M |
| Investing cash flow | -$468.52M |
| Financing cash flow | -$165.06M |
| Net change in cash | Unavailable |
| Stock-based compensation | $10.64M |
| Common dividends paid | $119.56M |
| Common share repurchases | $205.08M |
| Depreciation & amortization | Unavailable |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $441.05M |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | 42.8% |
| SBC / revenue | 1.0% |
| Current ratio | Unavailable |
| Revenue YoY growth | 6.0% |
| Net margin | 36.2% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 1.7% |
| Long-term debt / equity | 0.10x |
| Effective tax rate | 16.8% |
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
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.