First BanCorp. (FBP) - Total Assets
Based on the latest financial reports, First BanCorp. (FBP) holds total assets worth $19.09 Billion USD as of March 2026. 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. Check FBP total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
First BanCorp. - Total Assets Trend (1990–2025)
This chart illustrates how First BanCorp.'s total assets have evolved over time, based on quarterly financial data. Explore First BanCorp. long-term investment intensity to see how much of total assets are deployed in long-term investments.
First BanCorp. - Asset Composition Analysis
Current Asset Composition (December 2025)
First BanCorp.'s total assets of $19.09 Billion consist of 3.9% current assets and 96.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $71.35 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $126.92 Million | 0.7% |
| Intangible Assets | $3.46 Million | 0.0% |
| Goodwill | $38.61 Million | 0.2% |
Asset Composition Trend (1990–2025)
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. For live market cap, price, and company overview, see FBP market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First BanCorp.'s current assets represent 3.9% of total assets in 2025, an increase from 2.3% in 1990.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2025, up from 1.3% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1990.
- Asset Diversification: The largest asset category is property, plant & equipment at 0.7% 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 |
|---|---|---|
|
Kreditbanken A/S
CO:KRE
|
Denmark | Dkr7.65 Billion |
|
INTESA SANPAOLO ADR/6
F:IESJ
|
Germany | €959.89 Billion |
|
Société Générale Société anonyme
F:SGE1
|
Germany | €1.63 Trillion |
|
Nu Holdings Ltd
NYSE:NU
|
USA | $74.89 Billion |
|
Commerzbank AG
XETRA:CBK
|
Germany | €603.30 Billion |
|
Bank Mandiri Persero Tbk PT
JK:BMRI
|
Indonesia | Rp2433.04 Trillion |
|
Axos Financial Inc
NYSE:AX
|
USA | $27.43 Billion |
|
Bank of Nanjing Co Ltd
SHG:601009
|
China | CN¥3.21 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 | 6.85 | 0.34 | 0.40 |
| Quick Ratio | 6.85 | 0.34 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $629.86 Million | $-11.07 Billion | $-9.92 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 | 1.91 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | -0.8% |
| Total Assets | $19.13 Billion |
| Market Capitalization | $3.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values First BanCorp.'s assets below their book value (0.20x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First BanCorp.'s assets decreased by 0.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First BanCorp. (1990–2025)
The table below shows the annual total assets of First BanCorp. from 1990 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $19.13 Billion | -0.83% |
| 2024-12-31 | $19.29 Billion | +2.03% |
| 2023-12-31 | $18.91 Billion | +1.48% |
| 2022-12-31 | $18.63 Billion | -10.35% |
| 2021-12-31 | $20.79 Billion | +10.60% |
| 2020-12-31 | $18.79 Billion | +49.02% |
| 2019-12-31 | $12.61 Billion | +3.00% |
| 2018-12-31 | $12.24 Billion | -0.14% |
| 2017-12-31 | $12.26 Billion | +2.84% |
| 2016-12-31 | $11.92 Billion | -5.17% |
| 2015-12-31 | $12.57 Billion | -1.22% |
| 2014-12-31 | $12.73 Billion | +0.56% |
| 2013-12-31 | $12.66 Billion | -3.38% |
| 2012-12-31 | $13.10 Billion | -0.21% |
| 2011-12-31 | $13.13 Billion | -16.32% |
| 2010-12-31 | $15.69 Billion | -20.08% |
| 2009-12-31 | $19.63 Billion | +0.70% |
| 2008-12-31 | $19.49 Billion | +13.41% |
| 2007-12-31 | $17.19 Billion | -13.71% |
| 2006-12-31 | $19.92 Billion | +0.00% |
| 2005-12-31 | $19.92 Billion | +27.52% |
| 2004-12-31 | $15.62 Billion | +23.30% |
| 2003-12-31 | $12.67 Billion | +31.36% |
| 2002-12-31 | $9.64 Billion | +17.64% |
| 2001-12-31 | $8.20 Billion | +38.48% |
| 2000-12-31 | $5.92 Billion | +25.37% |
| 1999-12-31 | $4.72 Billion | +17.53% |
| 1998-12-31 | $4.02 Billion | +20.74% |
| 1997-12-31 | $3.33 Billion | +17.91% |
| 1996-12-31 | $2.82 Billion | +16.00% |
| 1995-12-31 | $2.43 Billion | +11.87% |
| 1994-12-31 | $2.17 Billion | +13.63% |
| 1993-12-31 | $1.91 Billion | +1.33% |
| 1992-12-31 | $1.89 Billion | -0.51% |
| 1991-12-31 | $1.90 Billion | -0.51% |
| 1990-12-31 | $1.91 Billion | -- |
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