First BanCorp Past Earnings Performance

Past criteria checks 5/6

First BanCorp has been growing earnings at an average annual rate of 15.8%, while the Banks industry saw earnings growing at 9.3% 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 Growth11.2%
Revenue growth rate11.7%
Return on equity20.7%
Net Margin35.4%
Last Earnings Update31 Mar 2024

Recent past performance 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

Revenue & Expenses Breakdown

How First BanCorp makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:FBP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 248643063870
31 Dec 238633033830
30 Sep 238732973800
30 Jun 238692893790
31 Mar 238762933770
31 Dec 228913053690
30 Sep 228973043660
30 Jun 229023043620
31 Mar 229262993670
31 Dec 219162773760
30 Sep 218912553830
30 Jun 217952083680
31 Mar 216671583420
31 Dec 205361003210
30 Sep 20490862970
30 Jun 205171042940
31 Mar 205571242990
31 Dec 196111652940
30 Sep 196012292940
30 Jun 195782192900
31 Mar 195552092850
31 Dec 185291992820
30 Sep 185011222760
30 Jun 18496752730
31 Mar 18493722730
31 Dec 17481642730
30 Sep 17486642710
30 Jun 174771002710
31 Mar 17470952700
31 Dec 16480932690
30 Sep 16514842690
30 Jun 16504752710
31 Mar 16444192770
31 Dec 15438212780
30 Sep 154053372810
30 Jun 154093462780
31 Mar 154714022720
31 Dec 144713942660
30 Sep 14467782630
30 Jun 14469712620
31 Mar 14474-742670
31 Dec 13454-1642630
30 Sep 13442-1652570

Quality Earnings: FBP has high quality earnings.

Growing Profit Margin: FBP'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: FBP's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: FBP's earnings growth over the past year (4.2%) is below its 5-year average (15.8% per year).

Earnings vs Industry: FBP earnings growth over the past year (4.2%) exceeded the Banks industry -15.1%.


Return on Equity

High ROE: FBP's Return on Equity (20.7%) is considered high.


Return on Assets


Return on Capital Employed


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