First BanCorp FBP Proceeds From Sale Of Foreclosed Assets
Proceeds From Sale Of Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfForeclosedAssets.
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 proceeds from sale of foreclosed assets?
- First BanCorp (FBP) reported proceeds from sale of foreclosed assets of $13.15M in Q1 2026.
- How has First BanCorp's proceeds from sale of foreclosed assets changed year-over-year?
- First BanCorp's proceeds from sale of foreclosed assets increased by 7.5% year-over-year, from $12.24M to $13.15M.
- What is the long-term trend for First BanCorp's proceeds from sale of foreclosed assets?
- Over 4 years (2021 to 2025), First BanCorp's proceeds from sale of foreclosed assets has grown at a -0.2% compound annual growth rate (CAGR), from $55.87M to $55.37M.
- What does proceeds from sale of foreclosed assets mean?
- Represents the cash proceeds received from the disposition of real estate or other assets acquired through foreclosure on defaulted loans. This metric is a vital indicator of the company's success in recovering value from non-performing assets and cleaning up its balance sheet. High proceeds relative to the carrying value suggest effective asset management and recovery processes.