What is First BanCorp's deferred taxes?

First BanCorp (FBP) reported deferred taxes of $5.45M in Q1 2026.

How has First BanCorp's deferred taxes changed year-over-year?

First BanCorp's deferred taxes increased by 171.0% year-over-year, from $2.01M to $5.45M.

What is the long-term trend for First BanCorp's deferred taxes?

Over 4 years (2021 to 2025), First BanCorp's deferred taxes has grown at a -43.1% compound annual growth rate (CAGR), from $118.32M to -$12.42M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

First BanCorp FBP Deferred Taxes

Deferred Taxes at other companies

Customers BancorpCUBI

$3.34M+113%

International BancsharesIBOC

$1.55M+282%

First Financial BancorpFFBC

$14.08M-55.8%

First Hawaiian, Inc.FHB

$11.22M+76.4%

PopularBPOP

$46.94M+4.2%

Independent Bank CorpINDB

$1.33M+30.4%

Segments

By geography

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FL$10.6M—

Other financials

Income statement

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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

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Operating cash flow$121.1M+11.9%

CapEx$5.2M+248%

Free cash flow$115.9M+8.6%

Valuation

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Market cap$4.06B+5.9%

Profitability

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Net margin35.3%+3.6pp

FCF margin44.2%+3.7pp

Returns & leverage

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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:DeferredIncomeTaxExpenseBenefit.

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 deferred taxes?: First BanCorp (FBP) reported deferred taxes of $5.45M in Q1 2026.
How has First BanCorp's deferred taxes changed year-over-year?: First BanCorp's deferred taxes increased by 171.0% year-over-year, from $2.01M to $5.45M.
What is the long-term trend for First BanCorp's deferred taxes?: Over 4 years (2021 to 2025), First BanCorp's deferred taxes has grown at a -43.1% compound annual growth rate (CAGR), from $118.32M to -$12.42M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.