Company Information

  

Address: 1519 PONCE DE LEON AVE
SANTURCE 
City: SAN JUAN 
State:  
Zip Code: 00908-0146 
Telephone: 787-729-8200 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

First BanCorp. is a publicly owned financial holding company that is subject to regulation, supervision and examination by the Federal Reserve Board. The Corporation was incorporated under the laws of the Commonwealth of Puerto Rico to serve as the bank holding company for FirstBank. The Corporation is a full service provider of financial services and products with operations in Puerto Rico, the United States and the USVI and BVI. As of December 31, 2016, the Corporation had total assets of $11.9 billion, total deposits of $8.8 billion and total stockholders' equity of $1.8 billion. The Corporation provides a wide range of financial services for retail, commercial and institutional clients. As of December 31, 2016, the Corporation controlled two wholly owned subsidiaries: FirstBank and FirstBank Insurance Agency, Inc. ("FirstBank Insurance Agency").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.30NA17.07
06/20170.47NA12.32
03/20170.43NA13.14
12/20160.43NA15.37
09/20160.39NA13.33
06/20160.35NA11.34
03/20160.09NA32.44
12/20150.10NA32.50

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.10Total Liab/Total Assets0.85
Net Inc/Total Assets0.01Total Liab/Inv Cap0.94
Net Inc/Inv Cap0.01Total Liab/Comm Equity10.63
Pretax Inc/Net Sales0.19Interest Coverage Ratio4.85
Net Inc/Net Sales0.14Curr Debt/Equity0.66
Cash Flow/Net Sales0.30LTD/EquityNA
SG&A/NetSales0.53Total Debt/Equity0.66
Asset Utilization   Liquidity  
Net Receivables Turnover14.30Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.33  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 166.64 167.92 153.47 167.52
Cost of Goods Sold 16.90 16.35 15.97 16.08
Selling & Admin Exps 85.61 89.07 87.88 84.24
Operating Income NA NA NA NA
Interest Exp 8.27 7.12 6.71 6.81
Pretax Income -19.15 37.29 17.47 37.20
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -10.75 28.00 25.54 23.86

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 2,638.29 2,348.66 2,412.15 2,337.80
Receivables - Total 49.23 44.49 41.14 45.45
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 297.22 296.63 286.12 288.51
Total Assets 12,173.65 11,913.80 11,890.40 11,922.46
Liabilities        
Accounts Payable 130.37 119.81 123.20 118.82
Debt in Current Liabilities 1,423.64 1,191.19 1,086.19 1,186.19
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 10,319.90 10,053.89 10,067.38 10,136.21
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 36.10 36.10 36.10 36.10
Common Stock 22.02 21.99 21.98 21.87
Retained Earnings 871.71 883.13 855.80 830.93
Treasury Stock -0.40 -0.40 -0.14 -0.13
Total Stockholders' Equity 1,853.75 1,859.91 1,823.02 1,786.24
Total Liabilities and Stockholders' Equity 12,173.65 11,913.80 11,890.40 11,922.46

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 63.06 46.77 84.80 80.32
Net Cash Provided by Investing Activities -21.61 -17.76 82.11 -141.00
Net Cash Provided by Financing Activities 263.18 -20.57 -42.48 -168.58

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012687.1729.780.14
12/2013630.30-164.49-0.80
12/2014695.30392.291.87
12/2015686.8921.300.10
12/2016673.2593.230.43
Growth Rates-0.51----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17194196,92591.08




Report Date : 12/11/2017

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