MarketCap
Facebook
X
Telegram
First BanCorp. Income Statement 2025-2008 | FBP
Brief overview of income trends at First BanCorp.
The overview follows changes across a five-year period. Revenue at First BanCorp. moved from 804 million dollars in 2020 to 1.3 billion dollars in 2025. Overall revenue changed by +56.1%, equal to an annualized rate of about 9.3%. Sales increased steadily, although without strong acceleration.
Net income changed from $102 million to $345 million (+237.2%). The final year delivered the highest net income in the period.
Market capitalization changed from $1.9 billion to $3.2 billion (+64.4%). The financial trend was stronger than the market valuation.
Summary assessment
The five-year direction is constructive rather than unequivocally strong. The positive side is supported by net-income growth and sales growth. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement First BanCorp.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
3.19 B | 3.19 B | 2.95 B | 2.78 B | 2.74 B | 1.94 B | 2.16 B | 2.3 B | 1.27 B | 1.41 B | 550 M | 1.14 B | 1.02 B | 1.05 B | 226 M | 229 M | - | - |
Shares |
160 M | 165 M | 177 M | 191 M | 202 M | 218 M | 217 M | 216 M | 214 M | 213 M | 211 M | 208 M | 206 M | 205 M | 64.5 M | 11.3 M | - | - |
Historical Prices |
19.9 | 19.4 | 16.7 | 14.6 | 13.6 | 8.88 | 9.92 | 7.96 | 4.72 | 6.12 | 3.01 | 5.43 | 5.73 | 4.24 | 3.23 | 20.2 | 78.3 | 154 |
Net Income |
345 M | 299 M | 303 M | 305 M | 281 M | 102 M | 167 M | 202 M | 67 M | 93.2 M | 21.3 M | 392 M | -164 M | 29.8 M | -82.2 M | -524 M | -275 M | - |
Revenue |
1.26 B | 1.23 B | 1.16 B | 986 M | 916 M | 804 M | 637 M | 583 M | 535 M | 550 M | 553 M | 570 M | 570 M | 514 M | 519 M | 951 M | - | - |
Cost of Revenue |
245 M | 236 M | 223 M | 206 M | 200 M | 177 M | 162 M | 159 M | 152 M | 151 M | 150 M | 135 M | 131 M | 125 M | 118 M | 121 M | 133 M | - |
Interest Expense |
869 M | 807 M | 226 M | 67.3 M | 64.8 M | 92.7 M | 109 M | 99.6 M | 96.9 M | 101 M | 103 M | 116 M | 131 M | 176 M | 266 M | 371 M | 478 M | - |
EBITDA |
17.2 M | 18.6 M | 20.5 M | 22.3 M | 25 M | 20.1 M | 17.6 M | - | - | - | - | - | - | - | - | 20.9 M | - | - |
Operating Expenses |
- | - | - | - | - | - | - | 517 M | 589 M | 543 M | 659 M | 604 M | 790 M | 651 M | 841 M | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | - | 182 M | 179 M | 185 M | 190 M | 184 M | 190 M | 188 M | 190 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement First BanCorp.
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
153 M | 155 M | 159 M | 162 M | 163 M | 164 M | 163 M | 164 M | 167 M | 169 M | 176 M | 180 M | 180 M | 183 M | 187 M | 192 M | 198 M | 202 M | 207 M | 214 M | 217 K | 218 M | 217 K | 217 K | 217 K | 217 M | 217 K | 217 K | 216 K | 217 M | 216 K | 216 K | 215 K | 216 M | 214 M | 214 M | 213 M | 217 M | 213 M | 213 M | 212 M | 215 M | 212 M | 211 M | 211 M | 213 M | 210 M | 208 M | 206 M | 207 M | 206 M | 205 M | 205 M | 206 M | 205 M | 205 M | 205 M | 205 M | 21.3 M | 21.3 M | 205 M |
Net Income |
96.2 M | 88.8 M | 101 M | 80.2 M | 77.1 M | - | 73.7 M | 75.8 M | 73.5 M | - | 82 M | 70.7 M | 70.7 M | - | 74.6 M | 74.7 M | 82.6 M | - | 75.7 M | 70.6 M | 61.2 M | - | 28.6 M | 21.3 M | 2.27 M | - | 46.3 M | 41.3 M | 43.3 M | - | 36.3 M | 31 M | 33.1 M | - | -10.8 M | 28 M | 25.5 M | - | 24.1 M | 22 M | 23.3 M | - | 14.8 M | -34.1 M | 25.6 M | - | 23.2 M | 21.2 M | 17.1 M | - | 15.9 M | -123 M | -72.6 M | - | 19.1 M | 9.36 M | -13.2 M | - | -24 M | -14.9 M | -28.4 M |
Revenue |
265 M | 259 M | 249 M | 247 M | 248 M | - | 235 M | 232 M | 231 M | - | 230 M | 236 M | 233 M | - | 238 M | 227 M | 218 M | - | 215 M | 215 M | 207 M | - | 179 M | 156 M | 169 M | - | 166 M | 165 M | 163 M | - | 151 M | 151 M | 147 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -670 K | -6.61 M | - | -5.91 M | 648 K | -5.54 M | - | -2.2 M | -2.49 M | -6.24 M | - | -4.36 M | -1.54 M | - |
Cost of Revenue |
63.4 M | 65.3 M | 59.8 M | 60.1 M | 62.1 M | - | 59.1 M | 57.5 M | 59.5 M | - | 56.5 M | 54.3 M | 56.4 M | - | 52.9 M | 51.3 M | 49.6 M | - | 50.2 M | 49.7 M | 50.8 M | - | 43.1 M | 39.5 M | 42.9 M | - | 41.4 M | 40.8 M | 39.3 M | - | 39.2 M | 39.6 M | 40.7 M | - | 37.1 M | 38.4 M | 38.7 M | - | 38 M | 37.4 M | 38.4 M | - | 37.3 M | 37.9 M | 35.7 M | - | 33.9 M | 34.8 M | 32.9 M | - | 32.8 M | 33.1 M | 33.6 M | - | 31.1 M | 31.1 M | 31.6 M | - | 29.4 M | 29.4 M | 30.4 M |
Interest Expense |
229 M | 221 M | 218 M | 216 M | 212 M | - | 202 M | 200 M | 197 M | - | 200 M | 52.4 M | 41.5 M | - | 14.8 M | 12.4 M | 12.2 M | - | 15.4 M | 16.7 M | 18.4 M | - | 21.7 M | 23.4 M | 26.6 M | - | 27.9 M | 27 M | 26.3 M | - | 25 M | 25.2 M | 24.7 M | - | 25.2 M | 23.5 M | 22.7 M | - | 25.4 M | 26.7 M | 26.2 M | - | 24.9 M | 25.2 M | 26.8 M | - | 29 M | 28.5 M | 29.3 M | - | 31.3 M | 33.8 M | 35.7 M | - | 41.5 M | 44.9 M | 50.2 M | - | 64.3 M | 69 M | 74.6 M |
EBITDA |
436 K | 218 K | - | - | 1.25 M | - | 1.4 M | - | 1.84 M | - | 1.9 M | 2 M | 2.04 M | - | 2.2 M | 2.2 M | 2.29 M | - | 2.8 M | 2.8 M | 2.95 M | - | 1.49 M | 1.42 M | 713 K | - | 767 K | 1.55 M | 4.45 M | - | 2.73 M | 7.69 M | 3.92 M | - | 12.3 M | 8.23 M | 1.12 M | - | 3.67 M | 2.44 M | 1.21 M | - | 3.82 M | 2.49 M | 1.09 M | - | 3.72 M | 2.49 M | 1.24 M | - | 4.56 M | 3.04 M | 1.52 M | - | 2.31 M | 1.28 M | 589 K | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company First BanCorp. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
USA
Brasil
Colombia
Argentina
