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First BanCorp FBP Assumption For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Prepayment Speed

Assumption For Fair Value On Securitization Date Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Prepayment Speed at other companies

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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+29.1%
Enterprise value$3.92B+80.7%
P/E11.5×+1.0×
P/S+0.7×

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:AssumptionForFairValueOnSecuritizationDateOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesPrepaymentSpeed.

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 assumption for fair value on securitization date of interests continued to be held by transferor servicing assets or liabilities prepayment speed?
First BanCorp (FBP) reported assumption for fair value on securitization date of interests continued to be held by transferor servicing assets or liabilities prepayment speed of 6.1% in Q4 2025.
What does assumption for fair value on securitization date of interests continued to be held by transferor servicing assets or liabilities prepayment speed mean?
The estimated rate at which borrowers are expected to prepay the underlying loans within a securitized pool, used to determine the fair value of retained interests. This assumption is critical for valuing servicing assets and assessing interest rate risk. Changes in this metric reflect management's outlook on borrower behavior and market interest rate environments.