First BanCorp Balance Sheet Health
Financial Health criteria checks 6/6
First BanCorp has total assets of $19.1B and total equity of $2.0B. Total deposits are $16.7B, and total loans are $12.9B. It earns a Net Interest Margin of 4.8%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $657.9M.
Key information
9.7x
Asset to equity ratio
4.8%
Net interest margin
| Total deposits | US$16.67b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$657.90m |
Recent financial health updates
Recent updates
First BanCorp's (NYSE:FBP) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 10
Improvements Justify An Upgrade For First BanCorp
Jan 01First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In
Apr 20First BanCorp.: Strong Margin Power And A Growing Dividend
Jan 23Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors
Oct 23
Tactical Growth And Efficiency Measures Promise Bright Future Despite Analysts' Cautions
Enhanced operational efficiency and revenue growth potential driven by investments in IT infrastructure and a focus on commercial construction loans.First BanCorp.: Raising The Earnings Estimate And Upgrading To Buy
Sep 13Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?
Jul 24First BanCorp: A Call Option On Puerto Rico
Jun 19First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FBP's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: FBP has a sufficient allowance for bad loans (269%).
Low Risk Liabilities: 97% 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 (67%).
Low Risk Deposits: FBP's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: FBP has an appropriate level of bad loans (0.7%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/17 08:01 |
| End of Day Share Price | 2026/02/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First BanCorp. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brandon Berman | BofA Global Research |
| Joseph Gladue | B. Riley Securities, Inc. |
| Michael Diana | Cantor Fitzgerald & Co. |