For the quarter ended March 2025, First Bancorp (FBP) reported revenue of $248.13 million, up 7.7% over the same period last year. EPS came in at $0.47, compared to $0.44 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $240.31 million, representing a surprise of +3.26%. The company delivered an EPS surprise of +9.30%, with the consensus EPS estimate being $0.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency ratio: 49.6% versus 52.1% estimated by two analysts on average.
- Net Interest Margin: 4.5% compared to the 4.5% average estimate based on two analysts.
- Total Interest-Earning Assets- Average Balance: $19.08 billion versus the two-analyst average estimate of $19.27 billion.
- Card and processing income: $11.48 million compared to the $11.89 million average estimate based on two analysts.
- Net interest income on a tax-equivalent basis and excluding valuations: $212.40 million versus the two-analyst average estimate of $211.72 million.
- Service charges and fees on deposit accounts: $9.64 million compared to the $9.83 million average estimate based on two analysts.
- Total Non Interest Income: $35.73 million versus the two-analyst average estimate of $33.81 million.
- Mortgage banking activities: $3.18 million compared to the $3.23 million average estimate based on two analysts.
View all Key Company Metrics for First Bancorp here>>>
Shares of First Bancorp have returned +0.7% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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First BanCorp. (FBP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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