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First BanCorp FBP Virgin Islands Operations — Interest Income Expense Net

Other segment segments

Consumer Retail Banking
$144.96M+1.4%
Commercial And Corporate
$44.66M+4.3%
Treasury And Investments
-$25.1M+9.2%
United States Operations
$21.9M+5.3%
Mortgage Banking
$17.8M+1.2%

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Other financials

Income statement

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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 us-gaap:InterestIncomeExpenseNet.

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 — interest income expense net?
First BanCorp (FBP) reported virgin islands operations — interest income expense net of $16.74M in Q1 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 5.6% year-over-year, from $15.86M to $16.74M.
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.