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First BanCorp FBP Consumer Retail Banking — Occupancy Net

Other segment segments

Virgin Islands Operations
$2.24M-3.7%
United States Operations
$1.86M-3.8%
Commercial And Corporate
$1.39M-9.4%
Mortgage Banking
$1.34M-10.4%
Treasury And Investments
$169K-6.1%

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$4.71M+56.8%
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NBTBBanking — Occupancy Net
$9.18M+5.7%

Other financials

Income statement

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Revenue$264.9M+7.3%
Net income$96.2M+19.9%
EPS (diluted)$0.62+24.0%

Balance sheet

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Cash & equivalents$561.3M-23.8%
Total debt$200.0M-37.5%
Total equity$2.0B+7.1%
Total assets$19.2B+1.8%

Cash flow

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Operating cash flow$92.2M-3.4%
CapEx$5.0M+93.1%
Free cash flow$87.2M-6.1%

Valuation

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Market cap$4.44B+34.9%
Enterprise value$4.08B+41.9%
P/E11.9×+1.2×
P/S4.3×+0.9×

Profitability

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Net margin36.2%+4.6pp
FCF margin42.8%+0.6pp

Returns & leverage

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Return on equity19.5%+1.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by First BanCorp in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The source filing: First BanCorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:39 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001057706-26-000023

15,115

Item 6.

FAQ

What is First BanCorp's consumer retail banking — occupancy net?
First BanCorp (FBP) reported consumer retail banking — occupancy net of $15.12M in Q2 2026.
How has First BanCorp's consumer retail banking — occupancy net changed year-over-year?
First BanCorp's consumer retail banking — occupancy net increased by 1.9% year-over-year, from $14.83M to $15.12M.
What is the long-term trend for First BanCorp's consumer retail banking — occupancy net?
Over 3 years (2022 to 2025), First BanCorp's consumer retail banking — occupancy net has grown at a 1.0% compound annual growth rate (CAGR), from $58.04M to $59.86M.
What does consumer retail banking — occupancy net mean?
Measures the net costs associated with maintaining physical branch locations and administrative offices for the retail banking division, including rent, utilities, and maintenance. It serves as a proxy for the overhead burden of a brick-and-mortar distribution strategy.

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