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First BanCorp FBP Virgin Islands Operations — Marketing And Advertising Expense

Other segment segments

Consumer Retail Banking
$2.53M+8.9%
United States Operations
$298K+9.2%
Mortgage Banking
$241K+18.7%
Commercial And Corporate
$209K-4.1%
Treasury And Investments
$173K+1.8%

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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:MarketingAndAdvertisingExpense.

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 — marketing and advertising expense?
First BanCorp (FBP) reported virgin islands operations — marketing and advertising expense of $107K in Q1 2026.
How has First BanCorp's virgin islands operations — marketing and advertising expense changed year-over-year?
First BanCorp's virgin islands operations — marketing and advertising expense increased by 13.8% year-over-year, from $94K to $107K.
What is the long-term trend for First BanCorp's virgin islands operations — marketing and advertising expense?
Over 3 years (2022 to 2025), First BanCorp's virgin islands operations — marketing and advertising expense has grown at a -7.7% compound annual growth rate (CAGR), from $1.04M to $818K.
What does virgin islands operations — marketing and advertising expense mean?
Captures the expenditures allocated to promotional activities, brand awareness, and customer acquisition campaigns specifically for the Virgin Islands market. This metric indicates the level of investment in growth and competitive positioning within the local financial services landscape.