Earnings Summary

First Bancorp’s revenue jumped 11.19% since last year same period to $106.02Mn in the Q1 2023. On a quarterly growth basis, First Bancorp has generated 7.87% jump in its revenue since last 3-months.

First Bancorp’s net profit fell -55.37% since last year same period to $15.16Mn in the Q1 2023. On a quarterly growth basis, First Bancorp has generated -60.55% fall in its net profits since last 3-months.

First Bancorp’s net profit margin fell -59.86% since last year same period to 14.3% in the Q1 2023. On a quarterly growth basis, First Bancorp has generated -63.43% fall in its net profit margins since last 3-months.

First Bancorp’s price-to-earnings ratio after this Q1 2023 earnings stands at 8.5.

First Bancorp’s earning per share (EPS) estimates for the current quarter stand at 1.11 - a 13.27% jump from last quarter’s estimates.

First Bancorp’s earning per share (EPS) estimates for the current year stand at 1.11.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Bancorp’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Bancorp’s return on equity (ROE) stands at 0.11.

First Bancorp declared 0.22 dividend per share during the earnings announcement for Q1 2023.