First Ban (FBP) Revenue & Revenue Breakdown


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First Ban Revenue Highlights


Latest Revenue (Y)

$1.16B

Latest Revenue (Q)

$307.89M

Main Segment (Y)

Consumer Retail Banking Segment

Main Geography (Y)

PUERTO RICO

First Ban Revenue by Period


First Ban Revenue by Year

DateRevenueChange
2023-12-31$1.16B4828.15%
2022-12-31$23.57M-97.18%
2021-12-31$835.86M19.64%
2020-12-31$698.64M7.86%
2019-12-31$647.74M12.18%
2018-12-31$577.41M10.40%
2017-12-31$523.02M-1.58%
2016-12-31$531.40M1.15%
2015-12-31$525.34M-0.31%
2014-12-31$526.97M7.17%
2013-12-31$491.74M8.64%
2012-12-31$452.64M-12.37%
2011-12-31$516.55M-10.87%
2010-12-31$579.58M-12.36%
2009-12-31$661.31M9.76%
2008-12-31$602.52M19.71%
2007-12-31$503.33M1.92%
2006-12-31$493.86M-0.31%
2005-12-31$495.40M9.11%
2004-12-31$454.04M10.49%
2003-12-31$410.92M26.30%
2002-12-31$325.34M12.56%
2001-12-31$289.04M20.03%
2000-12-31$240.80M10.16%
1999-12-31$218.60M-2.59%
1998-12-31$224.40M15.31%
1997-12-31$194.60M12.42%
1996-12-31$173.10M8.26%
1995-12-31$159.90M31.28%
1994-12-31$121.80M17.00%
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

DateRevenueChange
2024-06-30$307.89M1.30%
2024-03-31$303.94M1.28%
2023-12-31$300.10M29.62%
2023-09-30$231.52M3.04%
2023-06-30$224.69M0.20%
2023-03-31$224.23M1097.25%
2022-12-31$18.73M632.46%
2022-09-30$2.56M-98.69%
2022-06-30$195.89M91867.61%
2022-03-31$213.00K-99.90%
2021-12-31$212.51M-1.49%
2021-09-30$215.72M3.36%
2021-06-30$208.71M3.80%
2021-03-31$201.08M-0.83%
2020-12-31$202.77M16.20%
2020-09-30$174.50M14.26%
2020-06-30$152.73M-7.47%
2020-03-31$165.05M4.16%
2019-12-31$158.46M-1.47%
2019-09-30$160.82M1.98%
2019-06-30$157.70M1.01%
2019-03-31$156.11M3.22%
2018-12-31$151.24M5.41%
2018-09-30$143.47M1.33%
2018-06-30$141.59M0.33%
2018-03-31$141.12M8.05%
2017-12-31$130.60M-2.82%
2017-09-30$134.38M-1.36%
2017-06-30$136.23M11.84%
2017-03-31$121.81M-11.30%
2016-12-31$137.32M0.88%
2016-09-30$136.12M5.02%
2016-06-30$129.62M0.98%
2016-03-31$128.35M-5.36%
2015-12-31$135.61M2.11%
2015-09-30$132.81M8.50%
2015-06-30$122.41M-8.73%
2015-03-31$134.12M-0.79%
2014-12-31$135.18M3.48%
2014-09-30$130.63M-0.92%
2014-06-30$131.84M-1.95%
2014-03-31$134.47M-0.19%
2013-12-31$134.72M1.54%
2013-09-30$132.68M5.16%
2013-06-30$126.17M0.61%
2013-03-31$125.41M67.86%
2012-12-31$74.71M-47.90%
2012-09-30$143.38M14.38%
2012-06-30$125.36M6.41%
2012-03-31$117.81M4.66%
2011-12-31$112.56M-7.69%
2011-09-30$121.94M-11.16%
2011-06-30$137.26M-6.47%
2011-03-31$146.76M16.10%
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$179.12M15.99%
2009-06-30$154.43M15.07%
2009-03-31$134.20M-6.54%
2008-12-31$143.59M-9.40%
2008-09-30$158.49M8.11%
2008-06-30$146.61M-4.70%
2008-03-31$153.84M36.14%
2007-12-31$113.00M-

First Ban generated $307.89M in revenue during Q2 2024, up 1.30% compared to the previous quarter, and up 137.31% compared to the same period a year ago.

First Ban Revenue Breakdown


First Ban Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Treasury And Investments Segment$-11.88M----
Mortgage Banking$90.11M----
Consumer Retail Banking Segment$658.68M----
Commercial And Corporate Segment$75.94M----
Virgin Islands Operations Segment$30.84M----
United States Operations Segment$86.12M----
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/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Consumer Retail Banking Segment$172.35M$168.84M$167.24M$162.82M$159.78M$151.36M$137.53M$122.18M$66.64M$71.11M----------
Commercial And Corporate Segment$19.43M$18.06M$17.68M$21.08M$19.11M$20.08M$35.83M$38.64M$26.66M-----------
Virgin Islands Operations Segment$7.18M$7.17M$7.27M$8.03M$8.37M$8.03M$7.74M$7.84M$7.92M$8.28M----------
United States Operations Segment$19.15M$22.90M$20.60M$20.84M$21.78M$24.49M$22.27M$19.37M$13.98M$16.08M----------
Treasury And Investments Segment$-6.45M-$-4.06M$-1.11M$-498.00K$5.95M$14.86M$11.41M$24.03M$20.88M----------
Mortgage Banking$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$2.40M---
Deposit Account-----------------$5.72M$5.67M-

First Ban's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Consumer Retail Banking Segment (74.77%), Commercial And Corporate Segment (8.43%), United States Operations Segment (8.31%), Mortgage Banking (8.17%), Virgin Islands Operations Segment (3.11%), and Treasury And Investments Segment (-2.80%).

First Ban Revenue Breakdown by Country

Annual Revenue by Country

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

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


TickerCompanyLast Year RevenueLast Quarter Revenue
BOKFBOK Financial$2.34B$914.20M
ABCBAmeris Bancorp$1.52B$360.20M
FBPFirst Ban$1.16B$307.89M
FFBCFirst Financial Ban$1.12B$314.22M
OFGOFG Bancorp$777.26M$220.13M
CBUCommunity Bank System$756.03M$230.56M
NBHCNational Bank$559.33M$146.48M
STBAS&T Bancorp$535.52M$142.07M
CFBCrossFirst Bankshares$455.32M$128.69M
FBMSFirst Bancshares$387.64M$91.03M
IBCPIndependent Bank$294.56M$81.63M
BWFGBankwell Financial Group$193.30M$48.55M
HTBIHomeTrust Bancshares$186.37M$73.53M
HBCPHome Bancorp$178.87M$49.13M
FNWDFinward Bancorp$96.53M$24.70M
FRAFFranklin Financial Services$91.60M$29.08M
FBIZFirst Business Financial Services$89.23M$50.94M
EFSCEnterprise Financial Services$68.72M$227.14M
GSBCGreat Southern Bancorp$46.29M$84.15M
OFEDOconee Federal Financial$16.61M$3.21M

FBP Revenue FAQ


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.

First Ban's quarterly revenue for Q2 2024 was $307.89M, a 1.30% increase from the previous quarter (Q1 2024), and a 37.03% increase year-over-year (Q2 2023). The company'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). FBP's quarterly revenue for Q4 2023 was $300.1M, a 29.62% increase from the previous quarter (Q3 2023), and a 1502.30% increase year-over-year (Q4 2022).

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%.

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