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First BanCorp FBP Communications And Information Technology

Communications And Information Technology at other companies

BankUnited logo
BankUnitedBKU
$22.42M-1.6%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
$7.9M+1.4%

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$4.06B+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:CommunicationsAndInformationTechnology.

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 communications and information technology?
First BanCorp (FBP) reported communications and information technology of $2.29M in Q1 2026.
How has First BanCorp's communications and information technology changed year-over-year?
First BanCorp's communications and information technology increased by 1.9% year-over-year, from $2.25M to $2.29M.
What is the long-term trend for First BanCorp's communications and information technology?
Over 4 years (2021 to 2025), First BanCorp's communications and information technology has grown at a -1.0% compound annual growth rate (CAGR), from $9.39M to $9.03M.
What does communications and information technology mean?
Encompasses expenses related to maintaining the bank's digital infrastructure, software licensing, cybersecurity, and telecommunications systems. It reflects the level of investment in technological modernization and digital banking capabilities.