First BanCorp. (FBP) — Cash Flow Quality Index

Latest as of June 2026: 0.97x

First BanCorp. (FBP) has a Cash Flow Quality Index of 0.97x as of June 2026. Operating cash flow of $93.41 Million is below net income of $96.15 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore debt repayment capacity of First BanCorp. to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.97x
Operating CF / Net Income

Operating Cash Flow

$93.41 Million
USD

Net Income

$96.15 Million
USD

Data as of

Jun 2026
Most recent filing

First BanCorp. Cash Flow Quality Index (1991–2025)

Historical Cash Flow Quality Index for First BanCorp. across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see First BanCorp. cash conversion from operations.

Annual Cash Flow Quality Index for First BanCorp. (1991–2025)

Year-by-year earnings quality comparison for First BanCorp..

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.29x $445.07 Million $344.87 Million ▼ -4.6%
2024 1.35x $404.15 Million $298.72 Million ▲ +12.9%
2023 1.20x $362.96 Million $302.86 Million ▼ -17.0%
2022 1.44x $440.49 Million $305.07 Million ▲ +1.5%
2021 1.42x $399.72 Million $281.02 Million ▼ -51.1%
2020 2.91x $297.74 Million $102.27 Million ▲ +65.6%
2019 1.76x $294.28 Million $167.38 Million ▲ +22.9%
2018 1.43x $288.32 Million $201.61 Million ▼ -59.4%
2017 3.52x $235.96 Million $66.96 Million ▲ +64.7%
2016 2.14x $199.43 Million $93.23 Million ▼ -82.6%
2015 12.30x $261.89 Million $21.30 Million ▲ +1724.8%
2014 0.67x $264.35 Million $392.29 Million ▼ -91.2%
2012 7.68x $228.85 Million $29.78 Million ▲ +380.2%
2008 1.60x $175.91 Million $109.94 Million ▲ +80.8%
2007 0.88x $60.29 Million $68.14 Million ▼ -63.7%
2006 2.44x $279.41 Million $114.60 Million ▼ -23.9%
2005 3.20x $366.97 Million $114.60 Million ▲ +260.5%
2004 0.89x $158.89 Million $178.88 Million ▼ -41.6%
2003 1.52x $182.26 Million $119.89 Million ▼ -14.3%
2002 1.77x $191.39 Million $107.96 Million ▼ -3.1%
2001 1.83x $157.38 Million $86.00 Million ▲ +4.3%
2000 1.76x $118.07 Million $67.28 Million ▼ -5.4%
1999 1.86x $115.15 Million $62.08 Million ▲ +0.6%
1998 1.84x $95.50 Million $51.80 Million ▲ +2.4%
1997 1.80x $85.50 Million $47.50 Million ▲ +1.9%
1996 1.77x $66.40 Million $37.60 Million ▼ -59.2%
1995 4.33x $212.60 Million $49.10 Million ▲ +217.7%
1994 -3.68x $-114.00 Million $31.00 Million ▼ -235.5%
1993 2.71x $59.70 Million $22.00 Million ▲ +249.9%
1992 -1.81x $-27.70 Million $15.30 Million ▼ -170.1%
1991 2.58x $29.70 Million $11.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.