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First Bancorp vs First Citizens Bancshares: revenue, profit, margins and growth compared

First Bancorp brought in $1.3B of revenue in fiscal 2025, First Citizens Bancshares $9.5B in fiscal 2025. Revenue changed by +2.4% at First Bancorp and -2.2% at First Citizens Bancshares on the year before, so First Bancorp grew faster. First Bancorp kept 27.5% of its revenue as net profit, First Citizens Bancshares 23.1%. Free cash flow was $437.5M at First Bancorp and $2.2B at First Citizens Bancshares.

Side by side, latest fiscal year

FBPFCNCA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.3B$9.5B
Revenue growth+2.4%-2.2%
Net income$344.9M$2.2B
Net margin27.5%23.1%
Free cash flow$437.5M$2.2B
Free cash flow margin34.9%23.2%
Earnings per share (diluted)$2.15$165.24
Cash$658.6M$801M
Debt$290M$35.8B
Price to earnings12.213.9
Market value$4B$25.9B
Dividend yield2.74%0.35%
Rank by revenue in sector#186 of 541 · Finance#69 of 541 · Finance

Over the years

Revenue
FBP FY2018: $707.3MFBP FY2019: $766.5MFBP FY2020: $804.2MFBP FY2021: $915.9MFBP FY2022: $985.7MFBP FY2023: $1.2BFBP FY2024: $1.2BFBP FY2025: $1.3BFCNCA FY2022: $5.1BFCNCA FY2023: $18.8BFCNCA FY2024: $9.8BFCNCA FY2025: $9.5BFY18FY19FY20FY21FY22FY23FY24FY25
FBP $1.3BFCNCA $9.5B
Net income
FBP FY2018: $201.6MFBP FY2019: $167.4MFBP FY2020: $102.3MFBP FY2021: $281MFBP FY2022: $305.1MFBP FY2023: $302.9MFBP FY2024: $298.7MFBP FY2025: $344.9MFCNCA FY2018: $400.3MFCNCA FY2019: $457.4MFCNCA FY2020: $492MFCNCA FY2021: $547MFCNCA FY2022: $1.1BFCNCA FY2023: $11.5BFCNCA FY2024: $2.8BFCNCA FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
FBP $344.9MFCNCA $2.2B
Net margin
FBP FY2018: 28.5%FBP FY2019: 21.8%FBP FY2020: 12.7%FBP FY2021: 30.7%FBP FY2022: 30.9%FBP FY2023: 26.2%FBP FY2024: 24.4%FBP FY2025: 27.5%FCNCA FY2022: 21.6%FCNCA FY2023: 61.0%FCNCA FY2024: 28.5%FCNCA FY2025: 23.1%FY18FY19FY20FY21FY22FY23FY24FY25
FBP 27.5%FCNCA 23.1%
Revenue growth
FBP FY2019: +8.4%FBP FY2020: +4.9%FBP FY2021: +13.9%FBP FY2022: +7.6%FBP FY2023: +17.3%FBP FY2024: +6.0%FBP FY2025: +2.4%FCNCA FY2023: +269.7%FCNCA FY2024: -48.1%FCNCA FY2025: -2.2%FY19FY20FY21FY22FY23FY24FY25
FBP +2.4%FCNCA -2.2%
Free cash flow
FBP FY2018: $267.8MFBP FY2019: $271.8MFBP FY2020: $281.7MFBP FY2021: $386.4MFBP FY2022: $420MFBP FY2023: $340.4MFBP FY2024: $394.1MFBP FY2025: $437.5MFCNCA FY2018: $313.3MFCNCA FY2019: $457.2MFCNCA FY2020: $243MFCNCA FY2021: -$391MFCNCA FY2022: $2.6BFCNCA FY2023: $2.3BFCNCA FY2024: $2.6BFCNCA FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
FBP $437.5MFCNCA $2.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about First Bancorp and First Citizens Bancshares

Which is bigger by revenue, First Bancorp or First Citizens Bancshares?

First Citizens Bancshares is bigger by revenue: $9.5B in fiscal 2025, against $1.3B for First Bancorp in fiscal 2025.

Which keeps more of its revenue as profit, First Bancorp or First Citizens Bancshares?

First Bancorp had a net margin of 27.5% in fiscal 2025; First Citizens Bancshares had 23.1% in fiscal 2025.

Which grew revenue faster, First Bancorp or First Citizens Bancshares?

In their latest fiscal years revenue changed by +2.4% at First Bancorp and -2.2% at First Citizens Bancshares.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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