fbp: the income statement

MyFinsight

FIRST BANCORP PR (FBP)

For the quarter ending 2025-06-30, FBP made $308,468,000 in revenue. $80,180,000 in net income. Net profit margin of 25.99%.

Unit: Dollar

	2025-06-30
Income tax expense	22,705,000
Other non-interest income	3,375,000
Insurance commission income	2,538,000
Mortgage banking activities	3,401,000
Service charges and fees on deposit accounts	9,756,000
Card and processing income	11,880,000
Total non-interest income	30,950,000
Taxes, other than income taxes	5,712,000
Professional service fees	11,609,000
Other non-interest expenses	8,567,000
Occupancy and equipment	22,297,000
Business promotion	3,495,000
Employees' compensation and benefits	60,058,000
Fdic deposit insurance	2,235,000
Communications	2,208,000
Net gain on oreo operations	-591,000
Credit and debit card processing expenses	7,747,000
Total non-interest expenses	123,337,000
Debt securities	-81,000
Unfunded loan commitments	287,000
Loans and finance leases	20,381,000
Provision for credit losses - expense	20,587,000
Short-term borrowings	-
Long-term borrowings	3,693,000
Deposits	58,638,000
Total interest expense	62,331,000
Money market investments and interest-bearing cash accounts	11,897,000
Loans	242,573,000
Investment securities	23,720,000
Total interest and dividend income	278,190,000
Net interest income	215,859,000
Net interest income after provision for credit losses	195,272,000
Income before income taxes	102,885,000
Net income	80,180,000

Basic	0.5
Earnings per share diluted	0.5
Weighted average number of diluted shares outstanding	161,513,000
Weighted average number of shares outstanding basic	160,884,000

Unit: Dollar