Filing Flows › First Bancorp (FBP) › Q3 2025
First Bancorp (FBP) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
First Bancorp (FBP) reported revenue of $249M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +0.8% from the quarter before. Operating margin was 42.7%, net earnings $101M (40.4% of revenue).
First Bancorp, Q3 2025: revenue $249M (+6% year over year), operating margin 42.7%, net earnings $101M, operating cash flow $138M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $249M | +0.8% | +6% |
| Operating profit | $106M | +3% | +10% |
| Net earnings | $101M | +25% | +36% |
| Operating cash flow | $138M | +44% | +17% |
| Free cash flow | $135M | +45% | +17% |
What changed
Revenue was $248.7M in Q3 2025, up 6% year over year and up 1% from the previous quarter.
Operating profit was $106.2M, a 42.7% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 41% margin then. Total costs grew 3% against revenue growth of 6%. The fastest-growing cost line was Credit loss provision (+15%). Net earnings were $100.5M, up 36% year over year. The effective tax rate was 5.4%.
Operating cash flow was $137.6M (up 17% year over year), 137% of net earnings. Non-cash charges added back $2.1M of share-based compensation. Working capital and other items added $35.0M. Capital expenditures of $2.9M left free cash flow of $134.8M.
Questions
What was First Bancorp's revenue in the third quarter 2025?
First Bancorp (FBP) reported revenue of $249M for the third quarter 2025 (Q3 2025), +6% from a year earlier and +0.8% from the quarter before.
Was First Bancorp profitable in the third quarter 2025?
Operating profit was $106M (42.7% of revenue) and net earnings $101M.
Source: First Bancorp 10-Q on SEC EDGAR.