First Historical Balance Sheet
FBP Stock | USD 19.37 0.13 0.68% |
Trend analysis of First Bancorp balance sheet accounts such as Short and Long Term Debt Total of 756.8 M or Total Stockholder Equity of 1.2 B provides information on First Bancorp's total assets, liabilities, and equity, which is the actual value of First Bancorp to its prevalent stockholders. By breaking down trends over time using First Bancorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining First Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Bancorp is a good buy for the upcoming year.
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About First Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of First Bancorp at a specified time, usually calculated after every quarter, six months, or one year. First Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Bancorp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.
First Bancorp Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of First Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from First Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.At this time, First Bancorp's Net Tangible Assets are relatively stable compared to the past year. As of 02/27/2025, Long Term Debt Total is likely to grow to about 166.6 M, while Short and Long Term Debt Total is likely to drop slightly above 756.8 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 858.8M | 661.7M | 761.0M | 756.8M | Total Assets | 18.6B | 18.9B | 21.7B | 12.3B |
First Bancorp balance sheet Correlations
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First Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Bancorp balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 217.7M | 211.3M | 192.0M | 177.2M | 165.5M | 86.4M | |
Total Assets | 18.8B | 20.8B | 18.6B | 18.9B | 21.7B | 12.3B | |
Short Long Term Debt Total | 623.8M | 398.7M | 858.8M | 661.7M | 761.0M | 756.8M | |
Total Stockholder Equity | 2.3B | 2.1B | 1.3B | 1.5B | 1.7B | 1.2B | |
Property Plant And Equipment Net | 158.2M | 146.4M | 142.9M | 210.5M | 242.1M | 125.8M | |
Net Debt | (809.8M) | (2.2B) | 380.0M | (525K) | (472.5K) | (448.9K) | |
Retained Earnings | 1.2B | 1.4B | 1.6B | 1.8B | 2.1B | 2.2B | |
Cash | 1.4B | 2.5B | 478.8M | 662.2M | 761.6M | 416.4M | |
Non Current Assets Total | 5.2B | 6.9B | 6.2B | 18.2B | 21.0B | 11.5B | |
Non Currrent Assets Other | (329.3M) | (328.9M) | (433.2M) | 12.1B | 13.9B | 7.0B | |
Other Assets | 6.9B | 4.3B | 6.4B | (851.3M) | (979.0M) | (1.0B) | |
Cash And Short Term Investments | 6.1B | 9.0B | 6.0B | 662.5M | 761.8M | 1.4B | |
Net Receivables | 542.5M | 636.5M | 788.0M | 77.7M | 89.4M | 165.3M | |
Liabilities And Stockholders Equity | 18.8B | 20.8B | 18.6B | 18.9B | 21.7B | 12.3B | |
Non Current Liabilities Total | 623.8M | 383.8M | 231.6M | 5.4B | 6.2B | 6.5B | |
Other Stockholder Equity | 946.0M | 736.1M | 463.7M | 268.3M | 308.5M | 374.7M | |
Total Liab | 16.5B | 18.7B | 17.3B | 17.4B | 20.0B | 11.2B | |
Property Plant And Equipment Gross | 158.2M | 398.1M | 407.2M | 419.9M | 482.8M | 507.0M | |
Total Current Assets | 6.7B | 9.6B | 6.1B | 1.5B | 1.7B | 1.7B | |
Other Current Liab | (294.4M) | (214.9M) | (231.6M) | (706.6M) | (635.9M) | (604.1M) | |
Total Current Liabilities | 180.6M | 276.7M | 214.9M | 231.6M | 208.4M | 198.0M | |
Accumulated Other Comprehensive Income | 55.5M | (84.0M) | (804.8M) | (639.2M) | (575.3M) | (546.5M) | |
Short Term Debt | 259.1M | 215.0M | 566.9M | 475M | 546.3M | 355.7M | |
Common Stock Total Equity | 22.2M | 22.2M | 22.3M | 20.2M | 18.2M | 32.8M | |
Common Stock | 22.2M | 22.3M | 22.4M | 486.1M | 25.7M | 24.4M | |
Accounts Payable | 180.6M | 276.7M | 214.9M | 231.6M | 208.4M | 198.0M | |
Short Term Investments | 4.7B | 6.5B | 5.6B | 5.2B | 4.7B | 4.5B | |
Inventory | (796.5M) | (1.6B) | (2.6B) | (1.3B) | (1.2B) | (1.1B) | |
Treasury Stock | (455K) | (474K) | (480K) | (2.2M) | (2.5M) | (2.6M) | |
Property Plant Equipment | 150.0M | 158.2M | 146.4M | 142.9M | 164.4M | 160.1M | |
Intangible Assets | 40.9M | 29.9M | 21.1M | 13.4M | 12.0M | 11.4M | |
Net Tangible Assets | 2.2B | 2.2B | 2.0B | 1.3B | 1.5B | 1.9B | |
Retained Earnings Total Equity | 1.1B | 1.2B | 1.2B | 1.4B | 1.6B | 940.0M | |
Capital Surpluse | 941.7M | 946.5M | 738.3M | 486.1M | 437.5M | 694.7M | |
Long Term Investments | 4.9B | 6.7B | 6.1B | 5.6B | 6.5B | 6.8B |
Pair Trading with First Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
The ability to find closely correlated positions to First Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Bancorp to buy it.
The correlation of First Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for First Stock Analysis
When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.