First BanCorp Balance Sheet Health

Financial Health criteria checks 6/6

First BanCorp has total assets of $18.9B and total equity of $1.5B. Total deposits are $16.5B, and total loans are $12.0B. It earns a Net Interest Margin of 4.3%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $684.5M.

Key information

12.8x

Asset to equity ratio

4.3%

Net interest margin

Total deposits

US$16.55b

Loan to deposit ratio

Appropriate

Bad loans

0.8%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$684.52m

Recent financial health updates

No updates

Recent updates

Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

Jul 24
Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

First BanCorp: A Call Option On Puerto Rico

Jun 19

First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 12
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

First BanCorp: Fairly Priced With A Flattish Earnings Outlook

Dec 09

First BanCorp: Worthy Of Consideration

Sep 24

First BanCorp Leveraged To Sustained Improvement In Puerto Rico's Economy

Feb 10

Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

Jan 31
Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

First BanCorp. Q4 2022 Earnings Preview

Jan 26

Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

Jan 07
Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

First BanCorp. Q3 2022 Earnings Preview

Oct 24

If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

Sep 03
If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

First BanCorp. goes ex dividend tomorrow

Aug 23

First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead

Aug 13

First BanCorp. Q2 2022 Earnings Preview

Jul 21

First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook

May 26

First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

May 02
First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?

Mar 30
Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?

First BanCorp: Attractively Valued With A Stable Earnings Outlook

Mar 06

First BanCorp: Flattish Earnings Outlook

Nov 27

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FBP's Assets to Equity ratio (12.8x) is moderate.

Allowance for Bad Loans: FBP has a sufficient allowance for bad loans (284%).

Low Risk Liabilities: 95% of FBP's liabilities are made up of primarily low risk sources of funding.

Loan Level: FBP has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: FBP's Loans to Deposits ratio (73%) is appropriate.

Level of Bad Loans: FBP has an appropriate level of bad loans (0.8%).


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