First Ban (FBP) Revenue & Revenue Breakdown

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First Ban Revenue Highlights

Latest Revenue (Y)

$1.16B

Latest Revenue (Q)

$32.50M

Main Segment (Y)

Consumer Retail Banking Segment

Main Geography (Y)

PUERTO RICO

First Ban Revenue by Period

First Ban Revenue by Year

Date	Revenue	Change
2023-12-31	$1.16B	4828.15%
2022-12-31	$23.57M	-97.18%
2021-12-31	$835.86M	19.64%
2020-12-31	$698.64M	7.86%
2019-12-31	$647.74M	12.18%
2018-12-31	$577.41M	10.40%
2017-12-31	$523.02M	-1.58%
2016-12-31	$531.40M	1.15%
2015-12-31	$525.34M	-0.31%
2014-12-31	$526.97M	7.17%
2013-12-31	$491.74M	8.64%
2012-12-31	$452.64M	-12.37%
2011-12-31	$516.55M	-10.87%
2010-12-31	$579.58M	-12.36%
2009-12-31	$661.31M	9.76%
2008-12-31	$602.52M	19.71%
2007-12-31	$503.33M	1.92%
2006-12-31	$493.86M	-0.31%
2005-12-31	$495.40M	9.11%
2004-12-31	$454.04M	10.49%
2003-12-31	$410.92M	26.30%
2002-12-31	$325.34M	12.56%
2001-12-31	$289.04M	20.03%
2000-12-31	$240.80M	10.16%
1999-12-31	$218.60M	-2.59%
1998-12-31	$224.40M	15.31%
1997-12-31	$194.60M	12.42%
1996-12-31	$173.10M	8.26%
1995-12-31	$159.90M	31.28%
1994-12-31	$121.80M	17.00%
1993-12-31	$104.10M	-

First Ban generated $1.16B in revenue during NA 2023, up 4828.15% compared to the previous quarter, and up 201.19% compared to the same period a year ago.

First Ban Revenue by Quarter

Date	Revenue	Change
2024-09-30	$32.50M	-89.39%
2024-06-30	$306.21M	0.75%
2024-03-31	$303.94M	1.28%
2023-12-31	$300.10M	29.62%
2023-09-30	$231.52M	3.04%
2023-06-30	$224.69M	0.20%
2023-03-31	$224.23M	1097.25%
2022-12-31	$18.73M	632.46%
2022-09-30	$2.56M	-98.69%
2022-06-30	$195.89M	91867.61%
2022-03-31	$213.00K	-99.90%
2021-12-31	$212.51M	-1.49%
2021-09-30	$215.72M	3.36%
2021-06-30	$208.71M	3.80%
2021-03-31	$201.08M	-0.83%
2020-12-31	$202.77M	16.20%
2020-09-30	$174.50M	14.26%
2020-06-30	$152.73M	-7.47%
2020-03-31	$165.05M	4.16%
2019-12-31	$158.46M	-1.47%
2019-09-30	$160.82M	1.98%
2019-06-30	$157.70M	1.01%
2019-03-31	$156.11M	3.22%
2018-12-31	$151.24M	5.41%
2018-09-30	$143.47M	1.33%
2018-06-30	$141.59M	0.33%
2018-03-31	$141.12M	8.05%
2017-12-31	$130.60M	-2.82%
2017-09-30	$134.38M	-1.36%
2017-06-30	$136.23M	11.84%
2017-03-31	$121.81M	-11.30%
2016-12-31	$137.32M	0.88%
2016-09-30	$136.12M	5.02%
2016-06-30	$129.62M	0.98%
2016-03-31	$128.35M	-5.36%
2015-12-31	$135.61M	2.11%
2015-09-30	$132.81M	8.50%
2015-06-30	$122.41M	-8.73%
2015-03-31	$134.12M	-0.79%
2014-12-31	$135.18M	3.48%
2014-09-30	$130.63M	-0.92%
2014-06-30	$131.84M	-1.95%
2014-03-31	$134.47M	-0.19%
2013-12-31	$134.72M	1.54%
2013-09-30	$132.68M	5.16%
2013-06-30	$126.17M	0.61%
2013-03-31	$125.41M	67.86%
2012-12-31	$74.71M	-47.90%
2012-09-30	$143.38M	14.38%
2012-06-30	$125.36M	6.41%
2012-03-31	$117.81M	4.66%
2011-12-31	$112.56M	-7.69%
2011-09-30	$121.94M	-11.16%
2011-06-30	$137.26M	-6.47%
2011-03-31	$146.76M	16.10%
2010-12-31	$126.42M	-4.93%
2010-09-30	$132.97M	-16.16%
2010-06-30	$158.59M	-2.22%
2010-03-31	$162.19M	-7.90%
2009-12-31	$176.10M	-1.68%
2009-09-30	$179.12M	15.99%
2009-06-30	$154.43M	15.07%
2009-03-31	$134.20M	-6.54%
2008-12-31	$143.59M	-9.40%
2008-09-30	$158.49M	8.11%
2008-06-30	$146.61M	-4.70%
2008-03-31	$153.84M	36.14%
2007-12-31	$113.00M	-

First Ban generated $32.50M in revenue during Q3 2024, up -89.39% compared to the previous quarter, and up 14.47% compared to the same period a year ago.

First Ban Revenue Breakdown

First Ban Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Consumer Retail Banking Segment	$658.68M	-	-	-	-
Commercial And Corporate Segment	$75.94M	-	-	-	-
United States Operations Segment	$86.12M	-	-	-	-
Virgin Islands Operations Segment	$30.84M	-	-	-	-
Treasury And Investments Segment	$-11.88M	-	-	-	-
Mortgage Banking	$90.11M	-	-	-	-
Investments Product Line	-	$3.20M	$3.00M	-	-
Credit Card, Merchant Discount	-	-	$8.46M	$5.84M	$5.63M

First Ban's latest annual revenue breakdown by segment (product or service), as of Dec 23: Consumer Retail Banking Segment (70.84%), Mortgage Banking (9.69%), United States Operations Segment (9.26%), Commercial And Corporate Segment (8.17%), Virgin Islands Operations Segment (3.32%), and Treasury And Investments Segment (-1.28%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
Treasury And Investments Segment	$-1.40M	$-6.45M	-	$-4.06M	$-1.11M	$-498.00K	$5.95M	$14.86M	$11.41M	$24.03M	$20.88M	-	-	-	-	-	-	-	-	-
Commercial And Corporate Segment	$24.65M	$19.43M	$18.06M	$17.68M	$21.08M	$19.11M	$20.08M	$35.83M	$38.64M	$26.66M	-	-	-	-	-	-	-	-	-	-
Virgin Islands Operations Segment	$6.56M	$7.18M	$7.17M	$7.27M	$8.03M	$8.37M	$8.03M	$7.74M	$7.84M	$7.92M	$8.28M	-	-	-	-	-	-	-	-	-
United States Operations Segment	$19.96M	$19.15M	$22.90M	$20.60M	$20.84M	$21.78M	$24.49M	$22.27M	$19.37M	$13.98M	$16.08M	-	-	-	-	-	-	-	-	-
Consumer Retail Banking Segment	$167.80M	$172.35M	$168.84M	$167.24M	$162.82M	$159.78M	$151.36M	$137.53M	$122.18M	$66.64M	$71.11M	-	-	-	-	-	-	-	-	-
Mortgage Banking	$17.00M	$18.84M	$19.53M	$21.30M	$24.42M	$24.86M	$25.27M	$28.07M	$30.50M	$27.42M	$21.32M	-	-	-	-	-	-	-	-	-
Commercial And Corporate Banking Segment	-	-	-	-	-	-	-	$27.14M	-	-	-	-	-	-	-	-	-	-	-	-
Investments Product Line	-	-	-	-	-	-	-	-	-	$3.00M	$16.00K	$3.30M	$100.00K	$3.10M	$300.00K	$4.00K	$2.70M	-	-	-
Deposit Account	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.72M	$5.67M

First Ban's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Consumer Retail Banking Segment (71.54%), Commercial And Corporate Segment (10.51%), United States Operations Segment (8.51%), Mortgage Banking (7.25%), Virgin Islands Operations Segment (2.80%), and Treasury And Investments Segment (-0.60%).

First Ban Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
U S	$139.19M	$97.64M	$86.16M	$88.80M	$100.21M
V I	$35.66M	$32.62M	$34.55M	$37.04M	$37.77M
PUERTO RICO	$981.33M	$855.44M	$795.17M	$678.37M	$628.49M

First Ban's latest annual revenue breakdown by geography, as of Dec 23: PUERTO RICO (84.88%), U S (12.04%), and V I (3.08%).

First Ban Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BOKF	BOK Financial	$2.34B	$864.71M
ABCB	Ameris Bancorp	$1.52B	$360.20M
FBP	First Ban	$1.16B	$32.50M
FFBC	First Financial Ban	$1.12B	$149.04M
OFG	OFG Bancorp	$777.26M	$215.90M
CBU	Community Bank System	$756.03M	$240.00M
NBHC	National Bank	$559.33M	$106.33M
STBA	S&T Bancorp	$535.52M	$143.35M
CFB	CrossFirst Bankshares	$455.32M	$134.39M
FBMS	First Bancshares	$387.64M	$93.56M
IBCP	Independent Bank	$294.56M	$83.22M
BWFG	Bankwell Financial Group	$193.30M	$46.36M
HTBI	HomeTrust Bancshares	$186.37M	$-145.70M
HBCP	Home Bancorp	$178.87M	$51.02M
FNWD	Finward Bancorp	$96.53M	$22.47M
FRAF	Franklin Financial Services	$91.60M	$30.91M
FBIZ	First Business Financial Services	$89.23M	$50.94M
EFSC	Enterprise Financial Services	$68.72M	$21.42M
GSBC	Great Southern Bancorp	$46.29M	$91.36M
OFED	Oconee Federal Financial	$16.61M	$3.21M

FBP Revenue FAQ

What is First Ban’s yearly revenue?

First Ban's yearly revenue for 2023 was $1.16B, representing an increase of 4828.15% compared to 2022. The company's yearly revenue for 2022 was $23.57M, representing a decrease of -97.18% compared to 2021. FBP's yearly revenue for 2021 was $835.86M, representing an increase of 19.64% compared to 2020.

What is First Ban’s quarterly revenue?

First Ban's quarterly revenue for Q3 2024 was $32.5M, a -89.39% decrease from the previous quarter (Q2 2024), and a -85.96% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $306.21M, a 0.75% increase from the previous quarter (Q1 2024), and a 36.28% increase year-over-year (Q2 2023). FBP's quarterly revenue for Q1 2024 was $303.94M, a 1.28% increase from the previous quarter (Q4 2023), and a 35.55% increase year-over-year (Q1 2023).

What is First Ban’s revenue growth rate?

First Ban's revenue growth rate for the last 3 years (2021-2023) was 38.98%, and for the last 5 years (2019-2023) was 79.35%.

What are First Ban’s revenue streams?

First Ban's revenue streams in c 23 are Consumer Retail Banking Segment, Commercial And Corporate Segment, United States Operations Segment, Virgin Islands Operations Segment, Treasury And Investments Segment, and Mortgage Banking. Consumer Retail Banking Segment generated $658.68M in revenue, accounting 70.84% of the company's total revenue Commercial And Corporate Segment generated $75.94M in revenue, accounting 8.17% of the company's total revenue United States Operations Segment generated $86.12M in revenue, accounting 9.26% of the company's total revenue Virgin Islands Operations Segment generated $30.84M in revenue, accounting 3.32% of the company's total revenue Treasury And Investments Segment generated $-11.878M in revenue, accounting -1.28% of the company's total revenue Mortgage Banking generated $90.11M in revenue, accounting 9.69% of the company's total revenue

What is First Ban’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of First Ban was Consumer Retail Banking Segment. This segment made a revenue of $658.68M, representing 70.84% of the company's total revenue.