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First BanCorp FBP Deposit Liabilities Reclassified as Loans Receivable

Deposit Liabilities Reclassified as Loans Receivable at other companies

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$9.2M-63.1%
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Customers BancorpCUBI

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:DepositLiabilitiesReclassifiedAsLoansReceivable1.

The official record: First BanCorp’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First BanCorp's deposit liabilities reclassified as loans receivable?
First BanCorp (FBP) reported deposit liabilities reclassified as loans receivable of $3M in Q4 2025.
How has First BanCorp's deposit liabilities reclassified as loans receivable changed year-over-year?
First BanCorp's deposit liabilities reclassified as loans receivable increased by 50.0% year-over-year, from $2M to $3M.
What is the long-term trend for First BanCorp's deposit liabilities reclassified as loans receivable?
Over 5 years (2020 to 2025), First BanCorp's deposit liabilities reclassified as loans receivable has grown at a 30.3% compound annual growth rate (CAGR), from $800K to $3M.
What does deposit liabilities reclassified as loans receivable mean?
This represents deposit liabilities that have been reclassified as loans receivable due to specific contractual or regulatory conditions, such as overdrafts or specific credit arrangements. It highlights instances where customer deposit accounts transition into credit extensions, impacting the bank's balance sheet classification and risk profile.