First BanCorp. (FBP) financial statements (2021 and earlier)

Company profile

Business Address 1519 PONCE DE LEON AVE
SAN JUAN, 00908-0146
State of Incorp.
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,4942,4701,3011,088644976740
Cash and cash equivalents1,4942,4701,3011,088644976740
Total current assets:1,4942,4701,3011,088644976740
Noncurrent Assets
Operating lease, right-of-use asset10310857596163 
Property, plant and equipment158160148150150151149
Intangible assets, net (including goodwill)80782828282832
Goodwill39342828282828
Intangible assets, net (excluding goodwill)4144    4
Deferred income tax assets 348306308   
Total noncurrent assets:341693540545239243181
Other undisclosed assets16,95815,49712,25511,41511,72811,31211,616
TOTAL ASSETS:18,79318,66014,09613,04812,61112,53112,537
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt300300300300100100100
Total current liabilities:300300300300100100100
Noncurrent Liabilities
Other undisclosed liabilities16,21816,13411,58210,54810,28310,23010,284
Total liabilities:16,51816,43411,88210,84810,38310,33010,384
Stockholders' equity
Stockholders' equity attributable to parent2,2752,2252,2152,2002,2282,2012,153
Preferred stock36363636363636
Common stock22222222222222
Treasury stock, value(0)(0)(0)(0)(0)(0)(0)
Additional paid in capital946945944943942941940
Accumulated other comprehensive income (loss)5545534975(2)
Retained earnings1,2151,1771,1601,1501,2221,1971,158
Total stockholders' equity:2,2752,2252,2152,2002,2282,2012,153
TOTAL LIABILITIES AND EQUITY:18,79318,66014,09613,04812,61112,53112,537

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues301179156169273166165
Net investment income186158145154 160157
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(8)(47)(39)(77)(11)(7)(13)
Gross profit:29313211791263158152
Operating expenses(68)(51)(39)(37)(53)(37)(37)
Other operating income, net
(Noninterest Income, Other Operating Income)
131012812910
Operating income:237919062221131125
Interest and debt expense(21)(22)(23)(27)(28)(28)(27)
Income from continuing operations before equity method investments, income taxes:21669663519310398
Other undisclosed loss from continuing operations before income taxes(151)(45)(39)(36)(140)(37)(39)
Income (loss) from continuing operations before income taxes:662427(1)546659
Income tax expense (benefit)(15)4(6)3(127)1918
Net income (loss):5029212(73)8577
Other undisclosed net income (loss) attributable to parent    110(39)(36)
Net income attributable to parent:5029212364641
Other undisclosed net loss available to common stockholders, basic(1)(1)(1)(1)(1)(1)(1)
Net income available to common stockholders, diluted:4928212364641

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):5029212(73)8577
Other comprehensive income (loss)10(8)4422817
Comprehensive income (loss):60212545(72)9295
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    110(39)(36)
Comprehensive income, net of tax, attributable to parent:60212545385459

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: