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First BanCorp FBP Virgin Islands Operations — Credit And Debit Processing Fees

Other segment segments

Consumer Retail Banking
$6.45M+61.2%
Commercial And Corporate
$191K-26.5%
United States Operations
$2K0.0%
Mortgage Banking
$0
Treasury And Investments
$0

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FNBInterchange and card transaction fees
$13M+8.3%
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FHBCredit And Debit Card Fees Noninterest Income
$15.08M+4.2%
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FNBCommunity Banking — Interchange and card transaction fees
$13M+8.3%
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BFHCard and processing expenses
$80M-2.4%
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FFINDebit Card Fees
$5.25M+5.6%

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

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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 fbp:CreditAndDebitProcessingFees.

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 virgin islands operations — credit and debit processing fees?
First BanCorp (FBP) reported virgin islands operations — credit and debit processing fees of $683K in Q1 2026.
How has First BanCorp's virgin islands operations — credit and debit processing fees changed year-over-year?
First BanCorp's virgin islands operations — credit and debit processing fees decreased by 19.3% year-over-year, from $846K to $683K.
What is the long-term trend for First BanCorp's virgin islands operations — credit and debit processing fees?
Over 3 years (2022 to 2025), First BanCorp's virgin islands operations — credit and debit processing fees has grown at a 13.9% compound annual growth rate (CAGR), from $1.98M to $2.93M.
What does virgin islands operations — credit and debit processing fees mean?
Represents the operational costs associated with processing card-based transactions for customers within the Virgin Islands segment. This metric correlates with transaction volume and the bank's digital payment service activity.