First Financial Statements From 2010 to 2026

FBP Stock  USD 23.16  0.06  0.26%   
Analyzing historical trends in various income statement and balance sheet accounts from First Bancorp's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Bancorp's valuation are summarized below:
Gross Profit
914.9 M
Profit Margin
0.377
Market Capitalization
3.6 B
Enterprise Value Revenue
4.093
Revenue
914.9 M
There are currently one hundred twenty fundamental signals for First Bancorp that can be evaluated and compared over time across rivals. Investors and active traders are advised to verify First Bancorp's prevailing fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/11/2026, Market Cap is likely to drop to about 1.1 B

First Bancorp Total Revenue

726.4 Million

Check First Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 219.5 M, Other Operating Expenses of 591.4 M or Operating Income of 437.6 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0334 or PTB Ratio of 1.41. First financial statements analysis is a perfect complement when working with First Bancorp Valuation or Volatility modules.
  
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First Bancorp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding88.8 M160.7 M177 M
Pretty Stable
Total Assets12.8 B19.1 B14.3 B
Slightly volatile
Short and Long Term Debt Total275.5 M290 MB
Slightly volatile
Total Current Liabilities9.8 B5.5 B9.7 B
Slightly volatile
Total Stockholder Equity1.2 BB1.6 B
Slightly volatile
Property Plant And Equipment Net124.8 M126.9 M144.7 M
Very volatile
Cash1.4 B1.3 B815.6 M
Slightly volatile
Non Current Assets Total10 B15.5 B10 B
Slightly volatile
Cash And Short Term Investments6.9 B6.6 B3.7 B
Slightly volatile
Net Receivables127.4 M82.7 M199.8 M
Pretty Stable
Liabilities And Stockholders Equity12.8 B19.1 B14.3 B
Slightly volatile
Non Current Liabilities Total641.8 M865.2 M630.7 M
Slightly volatile
Other Stockholder Equity29.5 M31 M645.3 M
Slightly volatile
Total Liabilities11.6 B17.2 B12.7 B
Slightly volatile
Property Plant And Equipment Gross492.9 M469.4 M249.3 M
Slightly volatile
Total Current Assets700.6 M737.5 M3.1 B
Slightly volatile
Short Term Debt406.1 M427.5 M564.6 M
Slightly volatile
Common Stock Total Equity32.8 M18.2 M22.2 M
Very volatile
Common Stock28.1 M20.1 M22.5 M
Very volatile
Other Liabilities1.3 M1.4 M35.1 M
Slightly volatile
Accounts Payable198 M208.4 M363.5 M
Slightly volatile
Short Term Investments7.9 B4.1 BB
Slightly volatile
Preferred Stock Total Equity30.9 M32.5 M47.9 M
Slightly volatile
Property Plant Equipment164.2 M126.9 M157.6 M
Pretty Stable
Good Will34.6 M44.4 M32.5 M
Slightly volatile
Intangible Assets3.3 M3.5 M26.1 M
Slightly volatile
Net Tangible Assets1.9 B1.5 B1.6 B
Pretty Stable
Retained Earnings Total Equity940 M1.6 B983.6 M
Slightly volatile
Capital Surpluse710.2 M963.5 M877 M
Pretty Stable
Long Term Investments3.4 B5.7 B3.7 B
Very volatile
Non Current Liabilities Other877.9 M450 M965.8 M
Slightly volatile
Earning Assets8.1 B7.7 B4.1 B
Slightly volatile
Net Invested Capital2.1 BB2.6 B
Slightly volatile
Capital Stock24.4 M25.7 M73.2 M
Very volatile

First Bancorp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses591.4 M839.8 M579.8 M
Slightly volatile
Total Operating Expenses276.6 M499.6 M341.1 M
Slightly volatile
Depreciation And Amortization22.2 M28.7 M24.8 M
Slightly volatile
Selling General Administrative350.8 M334.1 M190.1 M
Slightly volatile
Total Revenue726.4 M1.3 B760.2 M
Slightly volatile
Gross Profit962.2 M916.4 M544.3 M
Slightly volatile
Selling And Marketing Expenses16.7 M20.3 M15.2 M
Slightly volatile
Net Interest Income694 M928.6 M614.3 M
Slightly volatile
Interest Income826.9 M1.3 B743 M
Slightly volatile
Reconciled Depreciation28.5 M28.7 M24.1 M
Slightly volatile
Extraordinary Items13.2 M14.9 M16.3 M
Slightly volatile

First Bancorp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow475.9 M453.3 M288.1 M
Slightly volatile
Begin Period Cash Flow545 M762.6 M749.3 M
Slightly volatile
Depreciation22.2 M28.7 M24.8 M
Slightly volatile
Capital Expenditures18.2 M11.5 M14.8 M
Slightly volatile
Total Cash From Operating Activities488 M464.8 M302.5 M
Slightly volatile
End Period Cash Flow1.4 B1.3 B879.8 M
Slightly volatile
Change To Inventory11.4 M12 M100.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.342.63892.0332
Slightly volatile
Dividend Yield0.03340.03470.0221
Very volatile
PTB Ratio1.411.68591.0358
Slightly volatile
Days Sales Outstanding18.8119.895.4877
Slightly volatile
Book Value Per Share11.6812.29639.9885
Pretty Stable
Free Cash Flow Yield0.220.120.218
Slightly volatile
Operating Cash Flow Per Share2.682.821.7891
Slightly volatile
Stock Based Compensation To Revenue0.00490.00660.0061
Slightly volatile
Capex To Depreciation0.440.460.6221
Pretty Stable
PB Ratio1.411.68591.0358
Slightly volatile
EV To Sales4.62.86972.9201
Very volatile
Free Cash Flow Per Share2.622.751.6647
Slightly volatile
Sales General And Administrative To Revenue0.140.26590.2274
Very volatile
Capex To Revenue0.00920.00960.0196
Slightly volatile
Cash Per Share20.3331.3118.6522
Slightly volatile
POCF Ratio4.256.815.3121
Slightly volatile
Capex To Operating Cash Flow0.02710.02850.0674
Slightly volatile
PFCF Ratio4.916.985.6698
Slightly volatile
EV To Operating Cash Flow6.667.019.1022
Slightly volatile
EV To Free Cash Flow6.827.1810.5256
Slightly volatile
Intangibles To Total Assets0.00330.00220.0029
Very volatile
Current Ratio0.10.13290.242
Slightly volatile
Tangible Book Value Per Share11.4312.03339.8559
Pretty Stable
Receivables Turnover14.5519.088.5491
Slightly volatile
Graham Number23.224.423214.5759
Slightly volatile
Shareholders Equity Per Share11.6812.29639.9885
Pretty Stable
Debt To Equity0.140.14741.0476
Slightly volatile
Capex Per Share0.06640.06990.1248
Slightly volatile
Revenue Per Share7.467.85576.589
Slightly volatile
Interest Debt Per Share3.233.402313.1987
Slightly volatile
Debt To Assets0.01440.01520.087
Slightly volatile
Short Term Coverage Ratios0.760.720.7983
Slightly volatile
Operating Cycle18.8119.895.4877
Slightly volatile
Price Book Value Ratio1.411.68591.0358
Slightly volatile
Price To Operating Cash Flows Ratio4.256.815.3121
Slightly volatile
Price To Free Cash Flows Ratio4.916.985.6698
Slightly volatile
Company Equity Multiplier14.379.727610.4917
Pretty Stable
Long Term Debt To Capitalization0.120.12850.288
Slightly volatile
Total Debt To Capitalization0.120.12850.393
Slightly volatile
Debt Equity Ratio0.140.14741.0476
Slightly volatile
Quick Ratio0.10.13290.242
Slightly volatile
Dividend Paid And Capex Coverage Ratio5.33.159.9692
Slightly volatile
Net Income Per E B T0.780.82751.056
Slightly volatile
Cash Ratio0.06490.06180.058
Slightly volatile
Operating Cash Flow Sales Ratio0.220.30.358
Very volatile
Days Of Sales Outstanding18.8119.895.4877
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.720.880.9124
Very volatile
Cash Flow Coverage Ratios0.680.650.3385
Slightly volatile
Price To Book Ratio1.411.68591.0358
Slightly volatile
Fixed Asset Turnover7.069.90045.6643
Slightly volatile
Capital Expenditure Coverage Ratio38.1636.3421.6609
Slightly volatile
Price Cash Flow Ratio4.256.815.3121
Slightly volatile
Debt Ratio0.01440.01520.087
Slightly volatile
Cash Flow To Debt Ratio0.680.650.3385
Slightly volatile
Price Sales Ratio1.342.63892.0332
Slightly volatile
Asset Turnover0.07490.06570.0567
Very volatile
Gross Profit Margin0.390.72930.6222
Slightly volatile
Price Fair Value1.411.68591.0358
Slightly volatile

First Bancorp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B1.8 B1.9 B
Very volatile
Enterprise Value1.2 B1.3 B1.5 B
Slightly volatile

First Upcoming Events

23rd of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Bancorp Financial Statements

First Bancorp shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although First Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in First Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-385.6 M-404.9 M
Total Revenue1.3 B726.4 M
Cost Of Revenue340.2 M367.4 M
Sales General And Administrative To Revenue 0.27  0.14 
Capex To Revenue 0.01  0.01 
Revenue Per Share 7.86  7.46 
Ebit Per Revenue 0.33  0.35 

Pair Trading with First Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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Moving against First Stock

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The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.