FIRST BANCORP PR
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 28, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’
EQUITY
Preferred Stock:
$
$
$
36,104
Redemption of Series A through E Preferred Stock
Common Stock:
22,366
22,366
22,303
Common stock issued under stock-based compensation
plan
22,366
22,366
22,366
Additional Paid-In Capital:
970,722
972,547
965,385
Stock-based compensation expense
7,799
5,407
5,460
Common stock reissued/issued under stock-based compensation
plan
(13,531)
(7,365)
(63)
Issuance costs of Series A through E Preferred Stock redeemed
1,234
965,707
970,722
972,547
Retained Earnings:
1,427,295
1,215,321
Cumulative adjustment of adoption of Accounting Standards Update
("ASU") 2022-02 (See Note 1)
(1,357)
302,864
305,072
281,025
Dividends on common stock (2023 - $
0.56
per share; 2022 - $
0.46
per share; 2021 - $
0.31
per share)
(99,604)
(88,158)
(65,364)
Dividends on preferred stock
(2,453)
Excess of redemption value over carrying value of Series
A through E Preferred Stock redeemed
(1,234)
1,846,112
1,427,295
Treasury Stock (at cost):
(236,442)
(19,389)
Common stock repurchases (See Note 17)
Common stock reissued under stock-based compensation plan
13,531
7,365
(717)
(133)
(531)
(697,406)
(236,442)
Accumulated Other Comprehensive Loss, net of tax:
(83,999)
55,455
Other comprehensive income (loss), net of tax
165,608
(639,170)
(83,999)
Total stockholders’ equity
$
$
$
2,101,767
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.