First Bancorp | 10-Q: FY2025 Q3 Revenue: USD 282.74 M

Revenue: As of FY2025 Q3, the actual value is USD 282.74 M.

EPS: As of FY2025 Q3, the actual value is USD 0.63, beating the estimate of USD 0.4858.

EBIT: As of FY2025 Q3, the actual value is USD -124.89 M.

Net Interest Income: $17.6 million for Q3 2025, compared to $18.4 million for Q3 2024.
Provision for Credit Losses: -$2.0 million for Q3 2025, compared to -$5.2 million for Q3 2024.
Non-Interest Income: $3.4 million for Q3 2025, compared to $3.4 million for Q3 2024.
Non-Interest Expenses: $10.3 million for Q3 2025, compared to $10.4 million for Q3 2024.
Segment Income: $12.8 million for Q3 2025, compared to $16.6 million for Q3 2024.

Net Interest Income: $147.9 million for Q3 2025, compared to $140.0 million for Q3 2024.
Provision for Credit Losses: $18.3 million for Q3 2025, compared to $28.5 million for Q3 2024.
Non-Interest Income: $22.3 million for Q3 2025, compared to $23.9 million for Q3 2024.
Non-Interest Expenses: $79.2 million for Q3 2025, compared to $77.9 million for Q3 2024.
Segment Income: $72.8 million for Q3 2025, compared to $57.5 million for Q3 2024.

Net Interest Income: $44.1 million for Q3 2025, compared to $40.1 million for Q3 2024.
Provision for Credit Losses: $0.7 million for Q3 2025, compared to -$6.8 million for Q3 2024.
Non-Interest Income: $1.9 million for Q3 2025, compared to $1.7 million for Q3 2024.
Non-Interest Expenses: $8.9 million for Q3 2025, compared to $10.5 million for Q3 2024.
Segment Income: $36.3 million for Q3 2025, compared to $38.1 million for Q3 2024.

Net Interest Loss: -$31.0 million for Q3 2025, compared to -$31.3 million for Q3 2024.
Provision for Credit Losses: $0.1 million for Q3 2025, compared to -$0.04 million for Q3 2024.
Non-Interest Income: $0.03 million for Q3 2025, compared to $0.25 million for Q3 2024.
Non-Interest Expenses: $2.1 million for Q3 2025, compared to $2.3 million for Q3 2024.
Segment Loss: -$33.2 million for Q3 2025, compared to -$33.3 million for Q3 2024.

Net Interest Income: $22.5 million for Q3 2025, compared to $19.4 million for Q3 2024.
Provision for Credit Losses: $0.04 million for Q3 2025, compared to -$1.0 million for Q3 2024.
Non-Interest Income: $1.0 million for Q3 2025, compared to $1.0 million for Q3 2024.
Non-Interest Expenses: $11.4 million for Q3 2025, compared to $11.6 million for Q3 2024.
Segment Income: $12.1 million for Q3 2025, compared to $9.8 million for Q3 2024.

Net Interest Income: $16.7 million for Q3 2025, compared to $15.3 million for Q3 2024.
Provision for Credit Losses: $0.4 million for Q3 2025, compared to -$0.2 million for Q3 2024.
Non-Interest Income: $2.1 million for Q3 2025, compared to $2.3 million for Q3 2024.
Non-Interest Expenses: $13.1 million for Q3 2025, compared to $10.3 million for Q3 2024.
Segment Income: $5.4 million for Q3 2025, compared to $7.6 million for Q3 2024.

Core Business Focus: The Corporation has revised its full-year loan growth guidance to 3%-4%, down from the previous mid-single-digit outlook, primarily reflecting slower consumer loan production, particularly in auto loans. Net interest margin is expected to remain stable through the fourth quarter of 2025, with cash flows of approximately $0.6 billion from investment securities expected to be redeployed into higher-yielding interest-earning assets. These benefits are expected to be partially offset by recent FED rate cuts and competitive pressures on deposit pricing.
Non-Core Business: The Corporation announced a new stock repurchase program, under which it may repurchase up to an additional $200 million of its outstanding common stock, expected to be executed through the end of the fourth quarter of 2026. The Corporation also delivered approximately $78.7 million in capital deployment actions during the third quarter of 2025, including $28.7 million in common stock dividends declared and $50.0 million in repurchases of common stock.