First BanCorp FBP Virgin Islands Operations — Occupancy Net

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FAQ

What is First BanCorp's virgin islands operations — occupancy net?

First BanCorp (FBP) reported virgin islands operations — occupancy net of $2.24M in Q2 2026.

How has First BanCorp's virgin islands operations — occupancy net changed year-over-year?

First BanCorp's virgin islands operations — occupancy net decreased by 3.7% year-over-year, from $2.32M to $2.24M.

What is the long-term trend for First BanCorp's virgin islands operations — occupancy net?

Over 3 years (2022 to 2025), First BanCorp's virgin islands operations — occupancy net has grown at a -4.1% compound annual growth rate (CAGR), from $10.19M to $8.98M.

What does virgin islands operations — occupancy net mean?

Measures the net costs associated with maintaining physical branch locations and office facilities within the Virgin Islands segment. It includes rent, utilities, maintenance, and depreciation, serving as a proxy for the fixed infrastructure footprint required to support regional banking activities.