First BanCorp FBP Virgin Islands Operations — Occupancy Net
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Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
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 — occupancy net?
- First BanCorp (FBP) reported virgin islands operations — occupancy net of $2.1M in Q1 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 9.8% year-over-year, from $2.33M to $2.1M.
- 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.