Financials in USD. Standardized financial statements.
A compact view of how First BanCorp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.26B | $1.19B | $1.12B | $953.89M | $882.02M | $770.14M | $730.57M | $668.61M | $620.64M | $638.67M |
| Revenue Growth? | +5.3% | +6.2% | +17.8% | +8.1% | +14.5% | +5.4% | +9.3% | +7.7% | -2.8% | 0.0% |
| Cost of Revenue? | $340.18M | $349.04M | $293.38M | $95.74M | -$509,000 | $263.64M | $148.63M | $158.57M | $240.20M | $189.08M |
| Gross Profit? | $916.38M | $843.72M | $830.16M | $858.16M | $882.53M | $506.49M | $581.94M | $510.03M | $380.44M | $449.59M |
| Gross Margin? | +72.9% | +70.7% | +73.9% | +90.0% | +100.1% | +65.8% | +79.7% | +76.3% | +61.3% | +70.4% |
| Operating Expenses? | $499.65M | $452.51M | $432.72M | $410.57M | $454.71M | $390.17M | $342.57M | $319.39M | $318.46M | $319.33M |
| Operating Income? | $416.73M | $391.21M | $397.44M | $447.58M | $427.82M | $116.32M | $239.37M | $190.64M | $61.98M | $130.26M |
| EBITDA? | $416.73M | $416.20M | $425.67M | $478.69M | $464.19M | $142.09M | $260.05M | $209.26M | $82.81M | $152.80M |
| Income Before Tax | $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 |
| Net Income? | $344.87M | $298.72M | $302.86M | $305.07M | $281.02M | $102.27M | $167.38M | $201.61M | $66.96M | $93.23M |
| EPS? | $2.16 | $1.82 | $1.72 | $1.60 | $1.32 | $0.46 | $0.76 | $0.92 | $0.30 | $0.44 |
| Diluted EPS? | $2.15 | $1.81 | $1.71 | $1.59 | $1.31 | $0.46 | $0.76 | $0.92 | $0.30 | $0.43 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality