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First BanCorp FBP Virgin Islands Operations — Interest Income Expense Net

Other segment segments

Consumer Retail Banking
$146.49M+0.4%
Commercial And Corporate
$48.55M+15.4%
Treasury And Investments
-$23.06M+15.0%
United States Operations
$22.1M+8.1%
Mortgage Banking
$17.75M+0.5%

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Other financials

Income statement

See full
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

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

Returns & leverage

See full
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:InterestIncomeExpenseNet.

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

17,294

Item 6.

FAQ

What is First BanCorp's virgin islands operations — interest income expense net?
First BanCorp (FBP) reported virgin islands operations — interest income expense net of $17.29M in Q2 2026.
How has First BanCorp's virgin islands operations — interest income expense net changed year-over-year?
First BanCorp's virgin islands operations — interest income expense net increased by 2.2% year-over-year, from $16.92M to $17.29M.
What is the long-term trend for First BanCorp's virgin islands operations — interest income expense net?
Over 4 years (2021 to 2025), First BanCorp's virgin islands operations — interest income expense net has grown at a 25.7% compound annual growth rate (CAGR), from $26.37M to $65.77M.
What does virgin islands operations — interest income expense net mean?
This metric represents the net interest margin generated by the Virgin Islands business segment after subtracting interest expenses from interest income. It reflects the core profitability of the segment's lending and deposit-taking activities within this specific geographic market.

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