What is First BanCorp's occupancy and equipment?

First BanCorp (FBP) reported occupancy and equipment of $22.06M in Q1 2026.

How has First BanCorp's occupancy and equipment changed year-over-year?

First BanCorp's occupancy and equipment decreased by 2.5% year-over-year, from $22.63M to $22.06M.

What is the long-term trend for First BanCorp's occupancy and equipment?

Over 4 years (2021 to 2025), First BanCorp's occupancy and equipment has grown at a -1.2% compound annual growth rate (CAGR), from $93.25M to $88.91M.

What does occupancy and equipment mean?

Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

First BanCorp FBP Occupancy and equipment

Occupancy and equipment at other companies

First Financial BanksharesFFIN

$3.63M-2.4%

International BancsharesIBOC

$6.48M+1.2%

Independent Bank CorpINDB

$17.31M+24.9%

UBS

United BanksharesUBSI

$13.01M+3.3%

PopularBPOP

$27.3M+0.3%

Regions FinancialRF

$72M+2.9%

Segments

By segment

See full

Consumer Retail Banking$15.2M+0.5%

Virgin Islands Operations$2.1M-9.8%

United States Operations$1.86M-1.1%

Mortgage Banking$1.38M-9.2%

Commercial And Corporate$1.35M-15.8%

Treasury And Investments$179K+3.5%

Other financials

Income statement

See full

Revenue$258.6M+4.2%

Net income$88.8M+15.2%

EPS (diluted)$0.57+21.3%

Balance sheet

See full

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

See full

Operating cash flow$121.1M+11.9%

CapEx$5.2M+248%

Free cash flow$115.9M+8.6%

Valuation

See full

Market cap$3.9B+5.9%

Enterprise value$3.73B+47.2%

P/E10.9×-1.2×

P/S3.9×0.0×

Profitability

See full

Net margin35.3%+3.6pp

FCF margin44.2%+3.7pp

Returns & leverage

See full

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: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 occupancy and equipment?: First BanCorp (FBP) reported occupancy and equipment of $22.06M in Q1 2026.
How has First BanCorp's occupancy and equipment changed year-over-year?: First BanCorp's occupancy and equipment decreased by 2.5% year-over-year, from $22.63M to $22.06M.
What is the long-term trend for First BanCorp's occupancy and equipment?: Over 4 years (2021 to 2025), First BanCorp's occupancy and equipment has grown at a -1.2% compound annual growth rate (CAGR), from $93.25M to $88.91M.
What does occupancy and equipment mean?: Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.