NYSE$FBP
First BanCorp/Puerto Rico · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reported net income of $73.6 million, resulting in earnings per diluted share of $0.35.
First BanCorp reported a net income of $73.6 million for Q4 2021, with earnings per diluted share at $0.35. The results reflect strong core performance and the integration of acquired operations, with loan originations reaching $1.3 billion, although total loans decreased due to reductions in SBA PPP and residential mortgage loans.
- Net income for the fourth quarter of 2021 was $73.6 million, or $0.35 per diluted share.
- Adjusted pre-tax, pre-provision income for the fourth quarter of 2021 was $104.9 million.
- Total loan originations for the fourth quarter of 2021 were $1.3 billion.
- Non-performing assets decreased to 0.76% of total assets.
Headline financials
Revenue & EPS history
First BanCorp · Revenue · Quarterly
$184M
Revenue by segment
First BanCorp · $30.4M total across 3 segments · Q4 2020
- Other Income$14.5M—47.7%
- Deposit Charges$8.33M—27.4%
- Mortgage Banking$7.55M—24.9%
Forward guidance
The report does not contain specific forward guidance. It mentions that improved economic conditions and increased digital engagement should continue to drive core performance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+0.6%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.9%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+15.0%
Q4 2015
Best reaction
-13.6%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.7% | +0.8% | +0.3% | |
| Q4 2025 | +5.2% | +5.9% | +6.2% | |
| Q3 2025 | -2.4% | -3.9% | -1.8% | |
| Q2 2025 | +0.2% | -0.7% | +1.3% | |
| Q1 2025 | +0.1% | +1.5% | +3.4% | |
| Q3 2024 | -5.3% | -4.0% | +4.4% | |
| Q2 2024 | +1.4% | +3.6% | -2.2% | |
| Q1 2024 | +2.7% | +0.1% | +2.6% | |
| Q4 2023 | +6.0% | +9.5% | +4.3% | |
| Q3 2023 | -3.8% | -5.3% | +11.3% | |
| Q2 2023 | +2.0% | +4.6% | -5.3% | |
| Q1 2023 | +2.2% | +3.6% | +1.5% | |
| Q4 2022 | -3.9% | +3.0% | +6.4% | |
| Q3 2022 | -5.6% | -1.9% | -4.6% | |
| Q2 2022 | +2.3% | +3.9% | +7.4% | |
| Q1 2022 | +3.5% | +5.6% | +15.4% | |
| Q4 2021 | -6.3% | -4.2% | -6.9% | |
| Q3 2021 | +4.0% | -3.0% | +4.2% | |
| Q2 2021 | +2.0% | +3.1% | +7.4% | |
| Q1 2021 | +2.3% | +4.0% | +4.2% | |
| Q4 2020 | -2.6% | -1.6% | +9.0% | |
| Q3 2020 | +4.8% | +5.1% | +27.6% | |
| Q2 2020 | +2.5% | -3.7% | +2.3% | |
| Q1 2020 | -13.6% | -15.7% | -11.5% | |
| Q4 2019 | -5.9% | -5.9% | -35.3% | |
| Q3 2019 | +2.5% | +5.2% | +1.5% | |
| Q2 2019 | -0.9% | +1.7% | -10.1% | |
| Q1 2019 | -3.8% | -0.9% | -12.5% | |
| Q4 2018 | +7.0% | +1.6% | +5.1% | |
| Q3 2018 | +2.8% | +2.5% | -1.0% | |
| Q2 2018 | +0.2% | -1.2% | +9.0% | |
| Q1 2018 | +3.4% | +4.9% | +12.8% | |
| Q4 2017 | +5.5% | +6.8% | +7.3% | |
| Q3 2017 | -3.1% | -7.4% | -2.5% | |
| Q2 2017 | +0.0% | +1.4% | -2.4% | |
| Q1 2017 | +10.0% | +6.7% | -2.0% | |
| Q4 2016 | -2.2% | -1.1% | -10.4% | |
| Q3 2016 | +1.5% | -2.6% | +25.7% | |
| Q2 2016 | -0.2% | -1.5% | +3.9% | |
| Q1 2016 | +8.1% | — | — | |
| Q4 2015 | +15.0% | — | — | |
| Q3 2015 | -5.6% | — | — | |
| Q2 2015 | -2.7% | — | — | |
| Q1 2015 | -4.2% | — | — | |
| Q4 2014 | +8.2% | — | — | |
| Q3 2014 | +9.1% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -2.9% | — | — | |
| Q4 2013 | -7.2% | — | — | |
| Q3 2013 | +3.0% | — | — | |
| Q2 2013 | -5.5% | — | — | |
| Q1 2013 | +0.8% | — | — | |
| Q4 2012 | +1.5% | — | — | |
| Q4 2011 | -4.3% | — | — | |
| Q3 2012 | +3.9% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q1 2012 | -3.0% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q3 2010 | +4.8% | — | — | |
| Q3 2011 | +4.8% | — | — | |
| Q2 2010 | -1.6% | — | — | |
| Q2 2011 | -1.6% | — | — | |
| Q1 2010 | +4.9% | — | — |
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