← FIRST BANCORP /PR/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $93.2m |
$67.0m
-28.18%
|
$201.6m
+201.11%
|
$167.4m
-16.98%
|
$102.3m
-38.90%
|
$281.0m
+174.78%
|
$305.1m
+8.56%
|
$302.9m
-0.72%
|
$298.7m
-1.37%
|
$344.9m
+15.45%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $93.0m |
$64.3m
-30.89%
|
$198.9m
+209.48%
|
$164.7m
-17.21%
|
$99.6m
-39.53%
|
$277.3m
+178.46%
|
$305.1m
+10.00%
|
$302.9m
-0.72%
|
$298.7m
-1.37%
|
$344.9m
+15.45%
|
— | |
| Depreciation and amortization | $17.6m | $16.4m | $15.0m | $17.6m | $20.1m | $25.0m | $22.3m | $20.5m | $18.6m | $17.2m | $18.2m | |
| Amortization of Intangible Assets | $4.9m | $4.4m | $3.6m | $3.1m | $5.9m | $11.4m | $8.8m | $7.7m | $6.4m | $3.5m | — | |
| Depreciation, Nonproduction | $17.6m | $16.4m | $15.0m | $17.6m | $20.1m | $25.0m | $22.3m | $20.5m | $18.6m | $17.2m | $18.2m | |
| Deferred Income Tax Expense (Benefit) | $23.9m | ($13.2m) | $25.0m | $55.0m | ($4.4m) | $118.3m | $54.2m | $6.1m | $14.1m | ($12.4m) | ($7.0m) | |
| Deferred Other Tax Expense (Benefit) | — | — | — | $55.0m | $3.6m | $118.3m | $54.2m | $6.1m | $14.1m | ($12.4m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $6.9m | $7.3m | $5.8m | $3.9m | $5.1m | $5.5m | $5.4m | $7.8m | $8.7m | $10.1m | $10.6m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $0 | $0 | $0 | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | — | |
| Income (Loss) from Equity Method Investments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $66.6m | $62.9m | $85.9m | — | |
| Increase (Decrease) in Other Operating Assets | ($17.7m) | $202k | ($8.9m) | ($32.5m) | $5.0m | ($24.3m) | $2.4m | $16.6m | $10.5m | ($11.0m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($15.1m) | $7.7m | ($1.2m) | ($5.0m) | $9.1m | ($12.5m) | $20.4m | ($41.3m) | ($176k) | $2.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $199.4m |
$236.0m
+18.32%
|
$288.3m
+22.19%
|
$294.3m
+2.07%
|
$297.7m
+1.17%
|
$399.7m
+34.25%
|
$440.5m
+10.20%
|
$363.0m
-17.60%
|
$404.1m
+11.35%
|
$448.6m
+10.99%
|
$458.2m
+2.15%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $700k | $149k | $1.4m | ($242k) | $215k | $32k | $924k | $3.5m | $103k | $16k | ($7.8m) | |
| Payments to Acquire Property, Plant, and Equipment | $10.4m | $9.4m | $20.5m | $22.5m | $16.1m | $13.3m | $20.5m | $22.6m | $10.0m | $11.0m | ($17.1m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $390.3m | $233.0m | $387.8m | $628.7m | $1.3b | $1.4b | $626.8m | $549.6m | $997.1m | $2.2b | — | |
| Gain (Loss) on Sale of Investments | — | — | ($34k) | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $83.2m | ($73.3m) | ($223.3m) | ($343.0m) | ($1.2b) | ($1.3b) | ($681.5m) | ($78.5m) | $136.2m | ($170.4m) | ($468.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | $205.0m | $95.3m | $240.0m | $500.0m | $19.8m | $97.0m | $269.9m | ($120.0m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($34k) | $0 | $13.2m | $0 | $0 | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | $4.2m | $1.4m | $2.3m | $0 | $94k | $0 | $0 | $1.6m | $0 | $0 | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $0 | $0 | — | $200.0m | $300.0m | $0 | $0 | $90.0m | |
| Payments for Repurchase of Common Stock | $1.1m | $2.5m | $2.8m | $2.0m | $206k | $216.5m | $277.8m | $203.2m | $102.4m | $153.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $223k | $2.7m | $6.5m | $30.4m | $43.4m | $65.0m | $87.8m | $99.7m | $105.6m | $115.5m | ($119.6m) | |
| Payments of Dividends | $223k | $2.7m | $6.5m | $30.4m | $43.4m | $65.0m | $87.8m | $99.7m | $105.6m | $115.5m | ($119.6m) | |
| Other Interest and Dividend Income | $3.4m | $4.6m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($735.4m) |
$254.0m
+134.54%
|
($195.3m)
-176.87%
|
$106.6m
+154.58%
|
$1.8b
+1580.30%
|
$1.9b
+6.79%
|
($1.8b)
-195.25%
|
($101.9m)
+94.41%
|
($44.1m)
+56.67%
|
($779.0m)
-1665.15%
|
($165.1m)
+78.81%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $480.5m | $663.2m | $1.2b | $658.6m | $561.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $86.7m | $144.3m | — | — | $171.0m | ($65.7m) | $27.7m | $60.9m | $59.9m | $86.0m | $75.2m | |
| Gain (Loss) on Sales of Loans, Net | — | — | — | $2.3m | $0 | $7k | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $98.2m | $107.0m | $94.9m | $68.7m | $66.0m | $207.8m | $281.7m | $250.8m | — | |
| Income Taxes Paid, Net | $3.2m | $4.0m | $7.2m | $13.5m | $16.7m | $15.5m | $51.8m | $109.5m | $93.2m | $72.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | ($78k) | $187k | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | ($522k) | $21k | ($19k) | $125k | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | $3.0m | $100k | $500k | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | $3.6m | $0 | $0 | — | |
| Goodwill | $28.1m | $28.1m | $28.1m | $28.1m | $38.6m | $38.6m | $38.6m | $38.6m | $38.6m | $38.6m | — | |
| Income Tax Expense (Benefit) | $37.0m | ($5.0m) | $11.0m | $72.0m | $14.1m | $146.8m | $142.5m | $94.6m | $92.5m | $71.9m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | $46k | $2.9m | $5.6m | $4.2m | $1.1m | $301k | $537k | $829k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.