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First BanCorp FBP Net Operating Loss Carryforwards

Net Operating Loss Carryforwards at other companies

Valley National Bank logo
Valley National BankVLY
$7.12M-21.5%
Flagstar Bank
 logo
Flagstar Bank FLG
$172M-34.4%

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$3.9B+5.9%
Enterprise value$3.73B+47.2%
P/E10.9×-1.2×
P/S3.9×0.0×

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:DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration.

The official record: First BanCorp’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First BanCorp's net operating loss carryforwards?
First BanCorp (FBP) reported net operating loss carryforwards of $16.1M in Q4 2025.
What is the long-term trend for First BanCorp's net operating loss carryforwards?
Over 4 years (2020 to 2025), First BanCorp's net operating loss carryforwards has grown at a -47.4% compound annual growth rate (CAGR), from $210.7M to $16.1M.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.