First BanCorp Past Earnings Performance
Past criteria checks 4/6
First BanCorp has been growing earnings at an average annual rate of 15.8%, while the Banks industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 11.7% per year. First BanCorp's return on equity is 20.7%, and it has net margins of 35.4%.
Key information
15.8%
Earnings growth rate
20.6%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 11.7% |
| Return on equity | 20.7% |
| Net Margin | 35.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How First BanCorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 864 | 306 | 387 | 0 |
| 31 Dec 23 | 863 | 303 | 383 | 0 |
| 30 Sep 23 | 873 | 297 | 380 | 0 |
| 30 Jun 23 | 869 | 289 | 379 | 0 |
| 31 Mar 23 | 876 | 293 | 377 | 0 |
| 31 Dec 22 | 891 | 305 | 369 | 0 |
| 30 Sep 22 | 897 | 304 | 366 | 0 |
| 30 Jun 22 | 902 | 304 | 362 | 0 |
| 31 Mar 22 | 926 | 299 | 367 | 0 |
| 31 Dec 21 | 916 | 277 | 376 | 0 |
| 30 Sep 21 | 891 | 255 | 383 | 0 |
| 30 Jun 21 | 795 | 208 | 368 | 0 |
| 31 Mar 21 | 667 | 158 | 342 | 0 |
| 31 Dec 20 | 536 | 100 | 321 | 0 |
| 30 Sep 20 | 490 | 86 | 297 | 0 |
| 30 Jun 20 | 517 | 104 | 294 | 0 |
| 31 Mar 20 | 557 | 124 | 299 | 0 |
| 31 Dec 19 | 611 | 165 | 294 | 0 |
| 30 Sep 19 | 601 | 229 | 294 | 0 |
| 30 Jun 19 | 578 | 219 | 290 | 0 |
| 31 Mar 19 | 555 | 209 | 285 | 0 |
| 31 Dec 18 | 529 | 199 | 282 | 0 |
| 30 Sep 18 | 501 | 122 | 276 | 0 |
| 30 Jun 18 | 496 | 75 | 273 | 0 |
| 31 Mar 18 | 493 | 72 | 273 | 0 |
| 31 Dec 17 | 481 | 64 | 273 | 0 |
| 30 Sep 17 | 486 | 64 | 271 | 0 |
| 30 Jun 17 | 477 | 100 | 271 | 0 |
| 31 Mar 17 | 470 | 95 | 270 | 0 |
| 31 Dec 16 | 480 | 93 | 269 | 0 |
| 30 Sep 16 | 514 | 84 | 269 | 0 |
| 30 Jun 16 | 504 | 75 | 271 | 0 |
| 31 Mar 16 | 444 | 19 | 277 | 0 |
| 31 Dec 15 | 438 | 21 | 278 | 0 |
| 30 Sep 15 | 405 | 337 | 281 | 0 |
| 30 Jun 15 | 409 | 346 | 278 | 0 |
| 31 Mar 15 | 471 | 402 | 272 | 0 |
| 31 Dec 14 | 471 | 394 | 266 | 0 |
| 30 Sep 14 | 467 | 78 | 263 | 0 |
| 30 Jun 14 | 469 | 71 | 262 | 0 |
| 31 Mar 14 | 474 | -74 | 267 | 0 |
| 31 Dec 13 | 454 | -164 | 263 | 0 |
| 30 Sep 13 | 442 | -165 | 257 | 0 |
| 30 Jun 13 | 435 | -162 | 252 | 0 |
Quality Earnings: OLWN has high quality earnings.
Growing Profit Margin: OLWN's current net profit margins (35.4%) are higher than last year (33.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OLWN's earnings have grown by 15.8% per year over the past 5 years.
Accelerating Growth: OLWN's earnings growth over the past year (4.2%) is below its 5-year average (15.8% per year).
Earnings vs Industry: OLWN earnings growth over the past year (4.2%) did not outperform the Banks industry 27.3%.
Return on Equity
High ROE: OLWN's Return on Equity (20.7%) is considered high.