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First BanCorp FBP FL — Income Tax Expense Benefit

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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:IncomeTaxExpenseBenefit.

The source filing: First BanCorp’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 1:55 PM EST
Fiscal year
FY2025
Accession
0001057706-26-000007

11.8

Item 8. Financial Statements and Supplementary Data

FAQ

What is First BanCorp's FL — income tax expense benefit?
First BanCorp (FBP) reported FL — income tax expense benefit of $2.95M in Q4 2025.
How has First BanCorp's FL — income tax expense benefit changed year-over-year?
First BanCorp's FL — income tax expense benefit increased by 11.3% year-over-year, from $2.65M to $2.95M.
What is the long-term trend for First BanCorp's FL — income tax expense benefit?
Over 2 years (2023 to 2025), First BanCorp's FL — income tax expense benefit has grown at a 9.2% compound annual growth rate (CAGR), from $9.9M to $11.8M.
What does FL — income tax expense benefit mean?
This is the total income tax expense or benefit recognized for the segment, encompassing both current and deferred tax components. It represents the total tax cost of doing business in this specific region. This metric is vital for calculating the effective tax rate and understanding the segment's contribution to the company's bottom line.

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