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FBP (First BanCorp) Enterprise Value : $3,191.5 Mil (As of Dec. 12, 2024)


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What is First BanCorp Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First BanCorp's Enterprise Value is $3,191.5 Mil. First BanCorp's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $889.5 Mil. Therefore, First BanCorp's EV-to-Revenue ratio for today is 3.59.


First BanCorp Enterprise Value Historical Data

The historical data trend for First BanCorp's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First BanCorp Enterprise Value Chart

First BanCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,545.39 1,238.43 624.26 2,704.04 2,784.51

First BanCorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,424.72 2,784.51 2,904.71 3,076.45 3,396.43

Competitive Comparison of First BanCorp's Enterprise Value

For the Banks - Regional subindustry, First BanCorp's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First BanCorp's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First BanCorp's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First BanCorp's Enterprise Value falls into.



First BanCorp Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

First BanCorp's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

First BanCorp's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First BanCorp  (NYSE:FBP) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

First BanCorp's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3191.465/889.54
=3.59

First BanCorp's current Enterprise Value is $3,191.5 Mil.
First BanCorp's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $889.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First BanCorp Enterprise Value Related Terms

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First BanCorp Business Description

Traded in Other Exchanges
Address
1519 Ponce de Leon Avenue, Stop 23, San Juan, PRI, 00908
First BanCorp is a financial holding company. The company's operating segment includes Commercial and Corporate Banking; Mortgage Banking; Consumer (Retail) Banking; Treasury and Investments; United States Operations; and Virgin Islands Operations. It generates maximum revenue from the Consumer (Retail) Banking segment. The Consumer (Retail) Banking segment generates majority revenue, which consists of the Corporation's consumer lending and deposit-taking activities conducted mainly through its branch network and loan centres. Geographically, it derives a majority of revenue from Puerto Rico.
Executives
John A. Heffern director 7 TOFTREES COURT, PRINCETON NJ 08540
Donald Kafka officer: Chief Operating Officer PO BOX 9146, SAN JUAN PR 00908
Aurelio Aleman officer: Executive Vice President P.O. BOX 9146, SAN JUAN PR 00908-0146
Nayda Rivera officer: EVP PO BOX 9146, SAN JUAN PR 00908 0146
Ginoris Lopez-lay officer: EVP P O BOX 9146, SAN JUAN PR 00908-0146
Daniel Edward Frye director 5 APPLEWOOD CIRCLE, EASTSANDWICH MA 02537
Roberto R Herencia director P.O. BOX 9146, SAN JUAN PR 00908
Michael Mcdonald officer: EVP P.O. BOX 9146, SAN JUAN PR 00908
Carlos Power officer: EVP P.O. BOX 9146, SAN JUAN PR 00908-0146
Gonzalez Orlando Berges officer: EVP and CFO PO BOX 9146, SAN JUAN PR 00908-0146
Crespo Luz director PO BOX, 9146, SAN JUAN PR 00908
Tracey A Dedrick director C/O HUDSON CITY BANCORP, INC., PARAMUS NJ 07652
Patricia Eaves director PO BOX 9146, SAN JUAN PR 00908
Said Ortiz officer: Chief Accounting Officer PO BOX 9146, SAN JUAN PR 00908
Jose Maria Lacasa officer: EVP PO BOX 9146, SAN JUAN PR 00908