FBP
First Bancorp
NYSE: FBP · FINANCIAL SERVICES · BANKS - REGIONAL
$23.84
-1.41% today
Updated 2026-04-29
Market cap
$3.69B
P/E ratio
11.09
P/S ratio
3.95x
EPS (TTM)
$2.15
Dividend yield
3.06%
52W range
$19 – $25
Volume
1.5M
First Bancorp (FBP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $1.24B | $1.20B | $1.14B | $891.56M | $695.79M | $622.71M | $609.67M | $621.88M | $607.65M | $638.67M | $620.64M | $668.61M | $730.57M | $770.14M | $882.02M | $953.89M | $1.12B | $1.19B | $1.26B |
| Revenue growth (YoY) | — | +9.8% | -3.2% | -5.1% | -21.8% | -22.0% | -10.5% | -2.1% | +2.0% | -2.3% | +5.1% | -2.8% | +7.7% | +9.3% | +5.4% | +14.5% | +8.1% | +17.8% | +6.2% | +5.3% |
| Cost of revenue | $685.91M | $858.84M | $789.96M | $1.06B | $1.01B | $496.22M | $294.66M | $374.15M | $224.75M | $275.61M | $189.08M | $240.20M | $158.57M | $148.63M | $263.64M | $-509000.00 | $95.74M | $293.38M | $349.04M | $340.18M |
| Gross profit | $444.75M | $382.72M | $411.58M | $83.11M | $-121.10M | $199.57M | $328.05M | $235.52M | $397.12M | $332.04M | $449.59M | $380.44M | $510.03M | $581.94M | $506.49M | $882.53M | $858.16M | $830.16M | $843.72M | $916.38M |
| Gross margin | 39.3% | 30.8% | 34.3% | 7.3% | -13.6% | 28.7% | 52.7% | 38.6% | 63.9% | 54.6% | 70.4% | 61.3% | 76.3% | 79.7% | 65.8% | 100.1% | 90.0% | 73.9% | 70.7% | 72.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $102.08M | $140.36M | $174.83M | $194.19M | $131.41M | $127.76M | $136.79M | $142.83M | $145.33M | $160.89M | $184.67M | $178.52M | $181.55M | $181.15M | $185.95M | $204.96M | $210.65M | $238.01M | $245.11M | $334.06M |
| Operating income | $129.62M | $89.72M | $78.20M | $-270.65M | $-421.17M | $-72.91M | $35.71M | $-159.32M | $91.64M | $27.72M | $130.26M | $61.98M | $190.64M | $239.37M | $116.32M | $427.82M | $447.58M | $397.44M | $391.21M | $416.73M |
| Operating margin | 11.5% | 7.2% | 6.5% | -23.7% | -47.2% | -10.5% | 5.7% | -26.1% | 14.7% | 4.6% | 20.4% | 10.0% | 28.5% | 32.8% | 15.1% | 48.5% | 46.9% | 35.4% | 32.8% | 33.2% |
| EBITDA | $162.68M | $119.58M | $97.38M | $-249.88M | $-397.67M | $-46.01M | $63.24M | $-129.26M | $117.56M | $53.92M | $152.80M | $82.81M | $209.26M | $260.05M | $142.09M | $464.19M | $478.69M | $425.67M | $416.20M | $416.73M |
| EBITDA margin | 14.4% | 9.6% | 8.1% | -21.9% | -44.6% | -6.6% | 10.2% | -21.2% | 18.9% | 8.9% | 23.9% | 13.3% | 31.3% | 35.6% | 18.4% | 52.6% | 50.2% | 37.9% | 34.9% | 33.2% |
| EBIT | $129.62M | $89.72M | $78.20M | $-270.65M | $-421.17M | $-72.91M | $35.71M | $-159.32M | $91.64M | $27.72M | $130.26M | $61.98M | $190.64M | $239.37M | $116.11M | $427.82M | $447.58M | $397.44M | $391.21M | — |
| Interest expense | $635.27M | $738.23M | $599.02M | $477.53M | $371.01M | $266.10M | $176.07M | $130.84M | $115.88M | $103.30M | $101.17M | $96.87M | $99.58M | $108.82M | $92.66M | $64.78M | $67.32M | $226.38M | $287.67M | $254.22M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $114.60M | $68.14M | $109.94M | $-275.19M | $-524.31M | $-82.23M | $29.78M | $-164.49M | $392.29M | $21.30M | $93.23M | $66.96M | $201.61M | $167.38M | $102.27M | $281.02M | $305.07M | $302.86M | $298.72M | $344.87M |
| Net income growth (YoY) | — | -40.5% | +61.3% | -350.3% | -90.5% | +84.3% | +136.2% | -652.3% | +338.5% | -94.6% | +337.8% | -28.2% | +201.1% | -17.0% | -38.9% | +174.8% | +8.6% | -0.7% | -1.4% | +15.4% |
| Profit margin | 10.1% | 5.5% | 9.1% | -24.1% | -58.8% | -11.8% | 4.8% | -27.0% | 63.1% | 3.5% | 14.6% | 10.8% | 30.2% | 22.9% | 13.3% | 31.9% | 32.0% | 27.0% | 25.0% | 27.4% |