FBP
Income statement / Annual
Last year (2023), First BanCorp.'s total revenue was $863.27 M,
an increase of 3,562.10% from the previous year.
In 2023, First BanCorp.'s net income was $302.86 M.
See First BanCorp.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$863.27 M
|
$23.57 M
|
$835.86 M
|
$698.64 M
|
$647.74 M
|
$577.41 M
|
$523.02 M
|
$531.40 M
|
$525.34 M
|
$526.97 M
|
Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Gross Profit |
$863.27 M |
$23.57 M |
$835.86 M |
$698.64 M |
$647.74 M |
$577.41 M |
$523.02 M |
$531.40 M |
$525.34 M |
$526.97 M |
Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$238.01 M
|
$206.04 M
|
$209.84 M
|
$175.91 M
|
$162.37 M
|
$159.49 M
|
$151.85 M
|
$151.49 M
|
$150.06 M
|
$135.42 M
|
Selling & Marketing
Expenses |
$19.63 M
|
$18.23 M
|
$15.36 M
|
$12.15 M
|
$15.71 M
|
$14.81 M
|
$12.49 M
|
$11.42 M
|
$15.23 M
|
$16.53 M
|
Selling, General &
Administrative Expenses |
$257.64 M
|
$224.27 M
|
$225.20 M
|
$188.06 M
|
$178.08 M
|
$174.30 M
|
$164.33 M
|
$162.91 M
|
$165.29 M
|
$151.95 M
|
Other Expenses |
$0.00 |
-$131.83 M |
-$633.25 M |
-$770.38 M |
-$586.45 M |
-$489.61 M |
-$528.49 M |
-$120.58 M |
-$559.61 M |
$0.00 |
Operating Expenses |
$897.17 M |
$47.85 M |
-$408.04 M |
-$582.32 M |
-$408.37 M |
-$293.25 M |
-$364.16 M |
$44.14 M |
-$394.32 M |
$47.94 M |
Cost And Expenses |
$382.79 M |
$47.85 M |
-$408.04 M |
-$582.32 M |
-$408.37 M |
-$293.25 M |
-$364.16 M |
$44.14 M |
-$394.32 M |
$47.94 M |
Interest Income |
$1.02 B |
$862.61 M |
$794.71 M |
$692.98 M |
$675.90 M |
$624.97 M |
$588.42 M |
$585.29 M |
$605.57 M |
$633.95 M |
Interest Expense |
$226.38 M |
$67.32 M |
$64.78 M |
$92.66 M |
$108.82 M |
$99.58 M |
$96.87 M |
$101.17 M |
$103.30 M |
$115.88 M |
Depreciation &
Amortization |
$28.24 M
|
$31.11 M
|
$36.37 M
|
$25.98 M
|
$20.68 M
|
$18.62 M
|
$20.83 M
|
$22.55 M
|
$26.20 M
|
$25.93 M
|
EBITDA |
$425.67 M
|
$478.69 M
|
$464.19 M
|
$142.09 M
|
$260.05 M
|
$209.26 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
EBITDA Ratio |
0.49 |
23.16 |
0.56 |
0.2 |
0.4 |
0.53 |
0.34 |
0.48 |
0.3 |
0.44 |
Operating Income Ratio
|
0.45
|
21.84
|
0.51
|
0.17
|
0.37
|
0.5
|
0.3
|
0.02
|
0.25
|
0.04
|
Total Other
Income/Expenses Net |
$8.72 M
|
$0.00
|
-$112.58 M
|
-$98.37 M
|
-$77.39 M
|
-$56.28 M
|
-$146.16 M
|
-$2.47 M
|
-$132.88 M
|
-$113.73 M
|
Income Before Tax |
$397.44 M |
$447.58 M |
$427.82 M |
$116.32 M |
$239.37 M |
$190.64 M |
$61.98 M |
$130.26 M |
$27.72 M |
$91.64 M |
Income Before Tax Ratio
|
0.46
|
18.99
|
0.51
|
0.17
|
0.37
|
0.33
|
0.12
|
0.25
|
0.05
|
0.17
|
Income Tax Expense |
$94.57 M |
$142.51 M |
$146.79 M |
$14.05 M |
$72.00 M |
-$10.97 M |
-$4.97 M |
$37.03 M |
$6.42 M |
-$300.65 M |
Net Income |
$302.86 M |
$305.07 M |
$281.03 M |
$102.27 M |
$167.38 M |
$201.61 M |
$66.96 M |
$93.23 M |
$21.30 M |
$392.29 M |
Net Income Ratio |
0.35 |
12.94 |
0.34 |
0.15 |
0.26 |
0.35 |
0.13 |
0.18 |
0.04 |
0.74 |
EPS |
1.72 |
1.6 |
1.32 |
0.46 |
0.76 |
0.93 |
0.3 |
0.44 |
0.1 |
1.89 |
EPS Diluted |
1.71 |
1.59 |
1.31 |
0.46 |
0.76 |
0.93 |
0.3 |
0.43 |
0.1 |
1.87 |
Weighted Average Shares
Out |
$176.50 M
|
$190.81 M
|
$210.12 M
|
$216.90 M
|
$216.61 M
|
$215.71 M
|
$213.96 M
|
$212.82 M
|
$211.46 M
|
$208.44 M
|
Weighted Average Shares
Out Diluted |
$177.18 M
|
$191.97 M
|
$211.30 M
|
$217.67 M
|
$217.13 M
|
$216.68 M
|
$216.12 M
|
$215.79 M
|
$212.97 M
|
$210.67 M
|
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