FBPNYSEState Commercial BanksFiscal year ends December 31
FIRST BANCORP /PR/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$27.13−0.24 (-0.88%)
Close on Oct 19, 2026
- Market cap
- $4.18B
- P/E (TTM)
- 11.4
- Dividend yield
- 2.65%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
27.5%+14.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.4% | +8.4% | +9.3% | +6.2% | |
| Net income | +15.4% | +4.2% | +27.5% | +32.1% | |
| EPS, diluted | +18.8% | +10.6% | +36.1% | +35.9% | |
| Free cash flow | +11.0% | +1.4% | +9.2% | +5.8% | |
| Dividend per share | +12.5% | +16.1% | +29.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.4% | 4.5% | 19.0% | |
| Return on assets | 0.8% | 0.7% | 1.8% | |
| Capex to revenue | 1.5% | 2.0% | 0.9% | |
| Diluted shares | 0M | 218M | 161M |
Where the cash went
Fiscal 2021 to 2025, five years combined
First Bancorp generated $2.06B from operations and spent $1.50B on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
$2.06B
Used
$1.50B
Capital expenditure$77.45M5%Dividends$473.61M31%Share buybacks$953.60M63%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin27.5%
×Asset turnover0.07×
×Equity multiplier10.57×
=Return on equity, FY202519.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.5% | 0.07× | 10.57× | 19.0% |
| FY2024 | 24.4% | 0.06× | 12.06× | 18.9% |
| FY2023 | 26.2% | 0.06× | 13.30× | 21.5% |
| FY2022 | 30.9% | 0.05× | 11.50× | 17.8% |
| FY2021 | 30.7% | 0.05× | 9.04× | 12.8% |
| FY2020 | 12.7% | 0.05× | 6.97× | 4.5% |
| FY2019 | 21.8% | 0.06× | 5.82× | 7.8% |
| FY2018 | 28.5% | 0.06× | 6.26× | 10.3% |
| FY2017 | 10.3% | 0.05× | 6.62× | 3.7% |
| FY2016 | 13.8% | 0.05× | 7.04× | 5.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$344.87M
- Cash generatingOperating cash flow above zero$448.56M
- Return on assets improvedROA up on the prior year1.6% → 1.8%
- Earnings backed by cashOperating cash flow above net income$448.56M vs $344.87M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise165M → 161M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.06 → 0.07