First Bancorp (FBP)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 302,864 | 305,072 | 281,025 | 102,273 | 167,377 |
| Depreciation Amortization | 34,735 | 26,793 | 37,845 | 37,325 | 15,776 |
| Income taxes - deferred | 6,105 | 54,216 | 118,323 | -4,371 | 55,009 |
| Other Working Capital | -44,060 | 23,105 | 27,025 | 5,551 | 14,555 |
| Loans | 856 | 14,739 | 10,262 | -1,976 | -12,486 |
| Other Operating Activity | 62,463 | 16,560 | -74,759 | 158,936 | 54,053 |
| Operating Cash Flow | $362,963 | $440,485 | $399,721 | $297,738 | $294,284 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -18,124 | -19,263 | -12,517 | -15,573 | -20,910 |
| Net Acquisitions | N/A | N/A | -3,381 | 406,626 | N/A |
| Purchase Of Investment | -5,458 | -802,111 | -3,447,921 | -3,820,148 | -765,432 |
| Sale Of Investment | 641,275 | 635,318 | 1,463,872 | 2,483,324 | 641,105 |
| Net Loans | -750,496 | -541,685 | 680,555 | -328,364 | -258,442 |
| Other Investing Activity | 54,353 | 46,281 | 56,417 | 35,270 | 60,711 |
| Investing Cash Flow | $-78,450 | $-681,460 | $-1,262,975 | $-1,238,865 | $-342,968 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -550,133 | 550,133 | 0 | -35,000 | -15,086 |
| Debt Issued | 300,000 | 200,000 | 0 | 200,000 | N/A |
| Debt Repayment | -19,795 | -500,000 | -240,000 | -95,282 | -205,000 |
| Common Stock Repurchased | -203,241 | -277,769 | -216,522 | -206 | -1,959 |
| Dividend Paid | -99,666 | -87,824 | -67,474 | -46,092 | -33,032 |
| Other Financing Activity | 0 | 0 | -36,104 | 0 | 0 |
| Financing Cash Flow | $-101,854 | $-1,821,578 | $1,912,479 | $1,790,861 | $106,580 |
| Beginning Cash Position | 480,505 | 2,543,058 | 1,493,833 | 644,099 | 586,203 |
| End Cash Position | 663,164 | 480,505 | 2,543,058 | 1,493,833 | 644,099 |
| Net Cash Flow | $182,659 | $-2,062,553 | $1,049,225 | $849,734 | $57,896 |
| Free Cash Flow | |||||
| Operating Cash Flow | 362,963 | 440,485 | 399,721 | 297,738 | 294,284 |
| Capital Expenditure | -22,599 | -20,459 | -13,349 | -16,070 | -22,478 |
| Free Cash Flow | 340,364 | 420,026 | 386,372 | 281,668 | 271,806 |