First Bank (FRBA) — Tangible Net Worth Ratio
First Bank (FRBA) has a Tangible Net Worth Ratio of 98.6% as of June 2026. This metric is calculated by deducting intangible assets ($6.31 Million) from net assets ($453.22 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of First Bank to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
First Bank Tangible Net Worth Ratio (2011–2025)
This chart shows how First Bank's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 98.6%, reflecting net assets of $453.22 Million with intangible assets of $6.31 Million USD. For live market cap and overall valuation, see First Bank market capitalisation.
Annual Tangible Net Worth Ratio for First Bank (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for First Bank from 2011 to 2025, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore First Bank (FRBA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.4% | $443.50 Million | $7.12 Million | $3.96 Billion | ▲ +0.6 pp |
| 2024 | 97.8% | $409.16 Million | $8.83 Million | $3.78 Billion | ▲ +0.8 pp |
| 2023 | 97.1% | $370.90 Million | $10.81 Million | $3.61 Billion | ▼ -2.4 pp |
| 2022 | 99.5% | $289.56 Million | $1.58 Million | $2.73 Billion | ▲ +0.3 pp |
| 2021 | 99.2% | $266.67 Million | $2.15 Million | $2.52 Billion | ▼ -0.1 pp |
| 2020 | 99.3% | $238.11 Million | $1.75 Million | $2.35 Billion | ▲ +0.2 pp |
| 2019 | 99.1% | $226.39 Million | $2.08 Million | $2.01 Billion | ▼ -0.2 pp |
| 2018 | 99.2% | $194.84 Million | $1.48 Million | $1.71 Billion | ▼ -0.2 pp |
| 2017 | 99.4% | $163.25 Million | $917.00K | $1.45 Billion | ▼ -0.3 pp |
| 2016 | 99.7% | $88.81 Million | $224.00K | $1.07 Billion | ▲ +0.2 pp |
| 2015 | 99.6% | $68.76 Million | $286.00K | $856.11 Million | ▲ +0.1 pp |
| 2014 | 99.5% | $64.76 Million | $356.00K | $677.46 Million | ▼ -0.5 pp |
| 2013 | 100.0% | $52.51 Million | $0.00 | $466.79 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $31.02 Million | $0.00 | $351.12 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $23.98 Million | $0.00 | $264.91 Million | — |