First BanCorp Total Assets
First BanCorp total assets. Based on the latest financial reports, First BanCorp (OLWN) holds total assets worth €19.32 Billion EUR (≈ $22.59 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see First BanCorp market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of First BanCorp (2014–2024)
Total assets of First BanCorp from 2014 to 2024. This chart illustrates how First BanCorp's total assets have evolved over time, based on quarterly financial data. See First BanCorp share price for real-time trading data and today's change.
First BanCorp - Asset Composition Analysis
First BanCorp Total Assets Breakdown (December 2024)
First BanCorp total assets breakdown as of December 2024. First BanCorp's total assets of €19.32 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.0% |
| Accounts Receivable | €71.88 Million | 0.4% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €6.97 Million | 0.0% |
| Goodwill | €38.61 Million | 0.2% |
Asset Composition Trend (2014–2024)
This chart illustrates how First BanCorp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore OLWN working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First BanCorp's current assets represent 0.0% of total assets in 2024, a decrease from 8.3% in 2014.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, up from 5.3% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
First BanCorp Competitors by Total Assets
Key competitors of First BanCorp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Societe Generale S.A.
PA:GLE
|
France | €1.55 Trillion |
|
CIMB Group Holdings Bhd
KLSE:1023
|
Malaysia | RM794.85 Billion |
|
WOORI FIN. GRP SP.ADR/3
F:2WGA
|
Germany | €601.46 Trillion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$98.30 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Graubuendner Kantonalbank
SW:GRKP
|
Switzerland | CHF36.31 Billion |
|
Pareto Bank ASA
OL:PARB
|
Norway | Nkr24.68 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩8.94 Trillion |
First BanCorp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.04 | 0.04 | 0.10 |
| Quick Ratio | 0.04 | 0.04 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-15.94 Billion | €-16.09 Billion | €-8.45 Billion |
First BanCorp - Advanced Valuation Insights
This section examines the relationship between First BanCorp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.79 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | €19.29 Billion |
| Market Capitalization | $2.94 Billion USD |
Valuation Analysis
Below Book Valuation: The market values First BanCorp's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First BanCorp's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First BanCorp (2014–2024)
The table below shows the annual total assets of First BanCorp from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €19.29 Billion ≈ $22.56 Billion |
+2.03% |
| 2023-12-31 | €18.91 Billion ≈ $22.11 Billion |
+1.48% |
| 2022-12-31 | €18.63 Billion ≈ $21.79 Billion |
-10.35% |
| 2021-12-31 | €20.79 Billion ≈ $24.30 Billion |
+10.60% |
| 2020-12-31 | €18.79 Billion ≈ $21.97 Billion |
+49.02% |
| 2019-12-31 | €12.61 Billion ≈ $14.74 Billion |
+3.00% |
| 2018-12-31 | €12.24 Billion ≈ $14.31 Billion |
-0.14% |
| 2017-12-31 | €12.26 Billion ≈ $14.33 Billion |
+2.84% |
| 2016-12-31 | €11.92 Billion ≈ $13.94 Billion |
-5.17% |
| 2015-12-31 | €12.57 Billion ≈ $14.70 Billion |
-1.22% |
| 2014-12-31 | €12.73 Billion ≈ $14.88 Billion |
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About First BanCorp
First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. The Mortgage Banking segment engages in … Read more