First BanCorp Past Earnings Performance
Past criteria checks 4/6
First BanCorp has been growing earnings at an average annual rate of 17.5%, while the Banks industry saw earnings growing at 6.9% annually. Revenues have been growing at an average rate of 10.1% per year. First BanCorp's return on equity is 17.8%, and it has net margins of 34.8%.
Key information
17.5%
Earnings growth rate
23.0%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 10.1% |
Return on equity | 17.8% |
Net Margin | 34.8% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors
Oct 23First 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 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 02Revenue & Expenses Breakdown
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 |
---|---|---|---|---|
30 Sep 24 | 869 | 303 | 396 | 0 |
30 Jun 24 | 875 | 311 | 392 | 0 |
31 Mar 24 | 864 | 306 | 387 | 0 |
31 Dec 23 | 863 | 303 | 383 | 0 |
30 Sep 23 | 872 | 297 | 380 | 0 |
30 Jun 23 | 868 | 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 |
Quality Earnings: FBP has high quality earnings.
Growing Profit Margin: FBP's current net profit margins (34.8%) are higher than last year (34%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FBP's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: FBP's earnings growth over the past year (2%) is below its 5-year average (17.5% per year).
Earnings vs Industry: FBP earnings growth over the past year (2%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: FBP's Return on Equity (17.8%) is considered low.