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First BanCorp FBP Allowance for Credit Losses on Held-to-Maturity Securities

Allowance for Credit Losses on Held-to-Maturity Securities at other companies

Popular logo
PopularBPOP
$5.9M+7.6%
Banner Corporation logo
Banner CorporationBANR
-$285K+2.4%

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:DebtSecuritiesHeldToMaturityAllowanceForCreditLoss.

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 allowance for credit losses on held-to-maturity securities?
First BanCorp (FBP) reported allowance for credit losses on held-to-maturity securities of $641K in Q1 2026.
How has First BanCorp's allowance for credit losses on held-to-maturity securities changed year-over-year?
First BanCorp's allowance for credit losses on held-to-maturity securities decreased by 24.0% year-over-year, from $843K to $641K.
What is the long-term trend for First BanCorp's allowance for credit losses on held-to-maturity securities?
Over 5 years (2020 to 2025), First BanCorp's allowance for credit losses on held-to-maturity securities has grown at a -39.2% compound annual growth rate (CAGR), from $8.85M to $733K.
What does allowance for credit losses on held-to-maturity securities mean?
This represents the cumulative reserve established to cover estimated credit losses on debt securities classified as held-to-maturity. It reflects management's assessment of credit risk and potential impairment within the investment portfolio. A higher allowance indicates increased caution regarding the credit quality of long-term debt holdings.