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 $681.0M.
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$681.03m |
Recent financial health updates
No updates
Recent updates
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12First BanCorp: Fairly Priced With A Flattish Earnings Outlook
Dec 09First BanCorp: Worthy Of Consideration
Sep 24First BanCorp Leveraged To Sustained Improvement In Puerto Rico's Economy
Feb 10Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report
Jan 31First BanCorp. Q4 2022 Earnings Preview
Jan 26Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?
Jan 07First BanCorp. Q3 2022 Earnings Preview
Oct 24If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity
Sep 03First BanCorp. goes ex dividend tomorrow
Aug 23First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead
Aug 13First BanCorp. Q2 2022 Earnings Preview
Jul 21First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook
May 26First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12
May 02Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?
Mar 30First BanCorp: Attractively Valued With A Stable Earnings Outlook
Mar 06First BanCorp: Flattish Earnings Outlook
Nov 27First BanCorp.: Net Provision Reversals To Drive Earnings
Sep 08First BanCorp: Balance Sheet Growth, Subdued Credit Costs To Drive Earnings Recovery
Jun 15Financial 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%).