What does credit card — unused commitments to extend credit mean?

This metric represents the total amount of authorized but undrawn credit lines available to credit card customers. It serves as a measure of potential future credit exposure and liquidity demand that the bank may be required to fund on short notice. Monitoring this helps assess the bank's contingent liability and potential for future loan growth within the credit card portfolio.

First BanCorp FBP Credit Card — Unused Commitments To Extend Credit

Similar metrics at other companies

BACCredit Extension Commitments, Notional Amount

$1.2T+7.7%

BACCredit Extension Commitments, Reserve For Unfunded Lending Commitments

$1.16B+4.6%

NBHCUnfunded Loan Commitments

$1.57B+19.1%

SRCEOff-Balance Sheet Commitments (Contractual)

$0—

OFGOff-Balance Sheet Commitments (Contractual)

$1.49B+11.6%

SSBReserve For Unfunded Commitments

$69.23M+11.2%

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

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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:UnusedCommitmentsToExtendCredit.

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 credit card — unused commitments to extend credit?: First BanCorp (FBP) reported credit card — unused commitments to extend credit of $800M in Q1 2026.
What does credit card — unused commitments to extend credit mean?: This metric represents the total amount of authorized but undrawn credit lines available to credit card customers. It serves as a measure of potential future credit exposure and liquidity demand that the bank may be required to fund on short notice. Monitoring this helps assess the bank's contingent liability and potential for future loan growth within the credit card portfolio.