First BanCorp. (FBP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
FBP Revenue Growth
Revenue Breakdown (FY 2025)
FBP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FBP Revenue Analysis (2014–2025)
As of May 8, 2026, First BanCorp. (FBP) generated trailing twelve-month (TTM) revenue of $1.24 billion, reflecting solid growth of +9.8% year-over-year. The most recent quarter (Q4 2025) recorded $320.4 million in revenue, up 5.2% sequentially.
Looking at the longer-term picture, FBP's 5-year compound annual growth rate (CAGR) stands at +10.3%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.26 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows FBP's business is primarily driven by Consumer (Retail) Banking Segment (68%), Commercial and Corporate Segment (18%), and United States Operations Segment (9%). With over half of revenue concentrated in Consumer (Retail) Banking Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including OFG, BPOP, and NBTB. Compare FBP vs OFG →
FBP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FBPCurrent | $1.2B | +9.8% | +10.3% | 33.2% | |
 OFG | $863M | - | - | 30.8% | |
 BPOP | $4.4B | - | - | 22.7% | |
 NBTB | $867M | - | - | 25.3% | |
 HBAN | $12.5B | - | - | 21.5% | |
 CFG | $12.3B | - | - | 15.3% |
FBP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.26B | - | $916.4M | 72.9% | $416.7M | 33.2% |
| 2024 | $1.19B | - | $843.7M | 70.7% | $391.2M | 32.8% |
| 2023 | $1.12B | - | $830.2M | 73.9% | $397.4M | 35.4% |
| 2022 | $953.9M | - | $858.2M | 90.0% | $447.6M | 46.9% |
| 2021 | $882.0M | - | $882.5M | 100.1% | $427.8M | 48.5% |
| 2020 | $770.1M | - | $506.5M | 65.8% | $116.3M | 15.1% |
| 2019 | $730.6M | - | $581.9M | 79.7% | $239.4M | 32.8% |
| 2018 | $668.6M | - | $510.0M | 76.3% | $190.6M | 28.5% |
| 2017 | $620.6M | - | $380.4M | 61.3% | $62.0M | 10.0% |
| 2016 | $638.7M | - | $449.6M | 70.4% | $130.3M | 20.4% |
See FBP's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs FBP Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare FBP vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonFBP — Frequently Asked Questions
Quick answers to the most common questions about buying FBP stock.
Is FBP's revenue growth accelerating or slowing?
FBP maintains +9.8% revenue growth, in line with its 5-year CAGR of +10.3%. TTM revenue stands at $1.2B. Growth rate remains consistent with historical average.
What is FBP's long-term revenue growth rate?
First BanCorp.'s 5-year revenue CAGR of +10.3% reflects the sustained expansion pattern. Current YoY growth of +9.8% is near this long-term average.
How is FBP's revenue distributed by segment?
FBP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.