Financial HighlightsFIRST BANCORP. (NYSE - FBP)  
 2017 FQ12017 FQ22017 FQ32017 FQ42018 FQ1
Period Ended3/31/20176/30/20179/30/201712/31/20173/31/2018
Balance Sheet ($000)   
Total Assets11,890,39811,913,80012,173,64812,261,26812,200,386
Total Net Loans8,665,0248,724,9638,673,9208,651,6138,561,409
Total Deposits8,857,9988,742,8938,765,8919,022,6319,066,465
Equity Attributable to Parent Company1,823,0171,859,9101,853,7511,869,0971,877,104
Total Equity1,823,0171,859,9101,853,7511,869,0971,877,104
Profitability (%)   
Net Income ($000) 25,54127,998(10,752)24,16933,148
Net Income Attributable to Parent ($000) 25,54127,998(10,752)24,16933,148
ROAA0.860.94(0.36)0.801.09
Core ROAA1.160.96(0.39)0.421.13
ROAE5.666.08(2.30)5.217.12
ROATCE5.916.34(2.38)5.427.43
Core ROAE7.626.19(2.47)2.777.43
Net Interest Margin4.524.574.484.484.50
Reported: Net Interest Margin4.584.584.444.354.57
Efficiency Ratio55.9357.0658.7356.7454.96
Noninterest Inc / Operating Rev14.3214.0012.3210.9014.99
Balance Sheet Ratios (%)   
Loans / Deposits99.60101.35101.2798.0995.91
Securities / Assets17.0416.4416.0417.0016.47
Total Equity / Total Assets15.3315.6115.2315.2415.39
Tangible Equity / Tangible Assets15.0815.3614.9815.0115.15
Tang Common Equity / Tang Assets14.7715.0614.6914.7114.85
Asset Quality (%)   
NPAs / Assets8.688.058.468.368.23
NPA Excl Restructured / Assets5.444.835.265.315.22
NPAs & 90+ PD / Assets9.288.578.988.838.68
NPAs / Loans & REO11.4310.6011.3611.3511.22
Nonaccrual & 90+ & OREO / Assets6.045.345.795.785.68
NPAs & 90+ PD / Loans & REO12.2211.2812.0711.9911.84
NPA & Loans 90+ / Tangible Common Equity + LLR56.4852.0454.3153.3552.09
NCOs / Avg Loans1.262.160.801.121.21
Loan Loss Reserves / Gross Loans2.291.952.592.612.57
Reserves / NPAs19.6918.0822.4222.6122.50
Loan Loss Provision / NCO91.4737.82425.53103.9377.43
Capital Adequacy  ()  
Tier 1 Common Capital (CET1) ($000) 1,614,8851,647,9771,642,7771,674,1641,665,842
Tier 1 Capital ($000) 1,614,8851,647,9771,642,7771,675,2821,701,946
Tier 2 Capital ($000) 322,020321,510314,505314,591288,200
Total Capital ($000) 1,936,9051,969,4871,957,2821,989,8731,990,146
Total Risk-weighted Assets ($000) 8,864,7368,854,6218,823,6878,830,3968,658,639
Tier 1 Common Capital (CET1) Ratio (%) 18.2218.6118.6218.9619.24
Tier 1 Ratio (%) 18.2218.6118.6218.9719.66
Total Capital Ratio (%) 21.8522.2422.1822.5322.98
Liquidity Coverage Ratio (%) NANANANANA
Leverage Ratio (%) 13.8314.1413.9614.0314.18
Basel III Leverage Ratio (%) NANANANANA
Per Share Information ($)   
Common Shares Outstanding (actual) 218,430,573215,963,916216,175,003216,278,040216,390,329
Avg Diluted Shares (actual) 217,373,000216,832,000214,187,000216,069,000216,294,000
Basic Book Value per Share8.188.448.418.488.51
As-reported Book Value per Share8.188.448.418.488.51
Basic Tangible Book Value per Share8.028.288.258.328.35
Reported: Tangible Book Value7.978.248.218.288.32
Common Dividends Declared per Share00000
EPS after Extra0.110.13(0.05)0.110.15
EPS after Extra Growth (%) 030.00NM036.40
Core EPS0.150.13(0.05)0.060.16
Core EPS Growth (%) 23.0027.70NM(44.3)5.00
Diluted EPS before Amortization0.110.14(0.05)0.120.15
Pre-Provision Earnings per Share0.160.170.150.160.22

Copyright 2018, © S&P Global Market Intelligence  Terms of Use