What is First BanCorp's debt issuance proceeds?

First BanCorp (FBP) reported debt issuance proceeds of $90M in Q1 2026.

What does debt issuance proceeds mean?

Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

First BanCorp FBP Debt Issuance Proceeds

Debt Issuance Proceeds at other companies

Independent Bank CorpINDB

$50M—

Associated Banc-CorpASB

$0—

BankUnitedBKU

$295M+269%

F.N.B. CorporationFNB

$105M+1,650%

U.S. BancorpUSB

$3.29B-8.4%

Flagstar Bank FLG

$1.5B—

Other financials

Income statement

See full

Revenue$258.6M+4.2%

Net income$88.8M+15.2%

EPS (diluted)$0.57+21.3%

Balance sheet

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Cash & equivalents$550.9M-58.5%

Total debt$380.0M+14.8%

Total equity$2.0B+10.6%

Total assets$19.1B-0.1%

Cash flow

See full

Operating cash flow$121.1M+11.9%

CapEx$5.2M+248%

Free cash flow$115.9M+8.6%

Valuation

See full

Market cap$3.9B+5.9%

Enterprise value$3.73B+47.2%

P/E10.9×-1.2×

P/S3.9×0.0×

Profitability

See full

Net margin35.3%+3.6pp

FCF margin44.2%+3.7pp

Returns & leverage

See full

Return on equity19%+0.5pp

Debt / equity0.2×0.0×

Where this comes from

Reported directly by First BanCorp in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromShortTermDebt.

The official record: First BanCorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First BanCorp's debt issuance proceeds?: First BanCorp (FBP) reported debt issuance proceeds of $90M in Q1 2026.
What does debt issuance proceeds mean?: Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.