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First BanCorp FBP Sales of notes receivable originally classified as held for investment

Sales of notes receivable originally classified as held for investment at other companies

Regions Financial logo
Regions FinancialRF
$38M+90.0%
BankUnited logo
BankUnitedBKU
$29M
Banner Corporation logo
Banner CorporationBANR
$4.35M-60.3%

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$4.09B+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:ProceedsFromSaleOfLoansHeldForInvestment.

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 sales of notes receivable originally classified as held for investment?
First BanCorp (FBP) reported sales of notes receivable originally classified as held for investment of $0 in Q1 2026.
How has First BanCorp's sales of notes receivable originally classified as held for investment changed year-over-year?
First BanCorp's sales of notes receivable originally classified as held for investment decreased by 100.0% year-over-year, from $2.48M to $0.
What is the long-term trend for First BanCorp's sales of notes receivable originally classified as held for investment?
Over 2 years (2021 to 2023), First BanCorp's sales of notes receivable originally classified as held for investment has grown at a -69.2% compound annual growth rate (CAGR), from $81.46M to $7.74M.
What does sales of notes receivable originally classified as held for investment mean?
Captures the cash inflows generated from the sale of loans that were originally intended to be held in the company's investment portfolio. This activity indicates a strategic shift in balance sheet composition or a proactive effort to manage credit risk and liquidity. Investors use this to evaluate the company's flexibility in managing its loan book.