First BanCorp. (FBP) — Tangible Net Worth Ratio

Latest as of March 2026: 99.8%

First BanCorp. (FBP) has a Tangible Net Worth Ratio of 99.8% as of March 2026. This metric is calculated by deducting intangible assets ($3.24 Million) from net assets ($1.97 Billion) 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. See FBP total equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.8%
Tangible equity / total equity

Net Assets (Equity)

$1.97 Billion
USD

Intangible Assets

$3.24 Million
Goodwill, patents, brand value

Total Assets

$19.09 Billion
USD

First BanCorp. Tangible Net Worth Ratio (1990–2025)

This chart shows how First BanCorp.'s Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 99.8%, reflecting net assets of $1.97 Billion with intangible assets of $3.24 Million USD. Also explore First BanCorp. (FBP) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for First BanCorp. (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for First BanCorp. from 1990 to 2025, covering 36 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. For the full company profile including market capitalisation, see how much is First BanCorp. worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 99.8% $1.97 Billion $3.46 Million $19.13 Billion ▲ +0.2 pp
2024 99.6% $1.67 Billion $6.97 Million $19.29 Billion ▲ +0.5 pp
2023 99.1% $1.50 Billion $13.38 Million $18.91 Billion ▲ +0.7 pp
2022 98.4% $1.33 Billion $21.12 Million $18.63 Billion ▼ -0.2 pp
2021 98.6% $2.10 Billion $29.93 Million $20.79 Billion ▲ +0.4 pp
2020 98.2% $2.28 Billion $40.89 Million $18.79 Billion ▼ -1.5 pp
2019 99.7% $2.23 Billion $7.57 Million $12.61 Billion ▲ +1.5 pp
2018 98.1% $2.04 Billion $38.09 Million $12.24 Billion ▲ +0.3 pp
2017 97.9% $1.87 Billion $39.51 Million $12.26 Billion ▲ +0.4 pp
2016 97.5% $1.79 Billion $44.86 Million $11.92 Billion ▼ -1.2 pp
2015 98.7% $1.69 Billion $22.48 Million $12.57 Billion ▼ 0.0 pp
2014 98.7% $1.67 Billion $21.81 Million $12.73 Billion ▲ +0.9 pp
2013 97.8% $1.22 Billion $26.77 Million $12.66 Billion ▲ +0.0 pp
2012 97.8% $1.49 Billion $32.85 Million $13.10 Billion ▲ +0.5 pp
2011 97.2% $1.44 Billion $39.79 Million $13.13 Billion ▲ +0.9 pp
2010 96.3% $1.15 Billion $42.10 Million $15.69 Billion ▼ -0.9 pp
2009 97.2% $1.60 Billion $44.70 Million $19.63 Billion ▲ +2.0 pp
2008 95.2% $1.55 Billion $73.90 Million $19.49 Billion ▼ -1.2 pp
2007 96.4% $1.42 Billion $51.00 Million $17.19 Billion ▼ -3.6 pp
2006 100.0% $1.20 Billion $0.00 $19.92 Billion ▲ +0.0 pp
2005 100.0% $1.20 Billion $0.00 $19.92 Billion ▲ +0.0 pp
2004 100.0% $1.22 Billion $0.00 $15.62 Billion ▲ +0.0 pp
2003 100.0% $1.09 Billion $0.00 $12.67 Billion ▲ +0.0 pp
2002 100.0% $798.42 Million $0.00 $9.64 Billion ▲ +0.0 pp
2001 100.0% $602.92 Million $0.00 $8.20 Billion ▲ +0.0 pp
2000 100.0% $434.46 Million $0.00 $5.92 Billion ▲ +0.0 pp
1999 100.0% $294.90 Million $0.00 $4.72 Billion ▲ +0.0 pp
1998 100.0% $270.40 Million $0.00 $4.02 Billion ▲ +0.0 pp
1997 100.0% $236.40 Million $0.00 $3.33 Billion ▲ +0.0 pp
1996 100.0% $191.10 Million $0.00 $2.82 Billion ▲ +0.0 pp
1995 100.0% $171.20 Million $0.00 $2.43 Billion ▲ +0.0 pp
1994 100.0% $120.00 Million $0.00 $2.17 Billion ▲ +0.0 pp
1993 100.0% $92.80 Million $0.00 $1.91 Billion ▲ +0.0 pp
1992 100.0% $88.60 Million $0.00 $1.89 Billion ▲ +0.0 pp
1991 100.0% $74.10 Million $0.00 $1.90 Billion ▲ +0.0 pp
1990 100.0% $64.40 Million $0.00 $1.91 Billion
pp = percentage points