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First BanCorp FBP Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate

Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate at other companies

TFS Financial logo
TFS FinancialTFSL
4.9%-0.9pp
First BanCorp logo
First BanCorpFBP
5.6%+0.5pp
Minerals Technologies logo
Minerals TechnologiesMTX
5.3%+0.1pp
Regal Rexnord logo
Regal RexnordRRX
5.4%+0.7pp
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
5.2%-0.2pp
Charles River Laboratories logo
Charles River LaboratoriesCRL
5.2%+0.5pp

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:DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate.

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 defined benefit plan assumptions used calculating net periodic benefit cost discount rate?
First BanCorp (FBP) reported defined benefit plan assumptions used calculating net periodic benefit cost discount rate of 5.6% in Q4 2025.
How has First BanCorp's defined benefit plan assumptions used calculating net periodic benefit cost discount rate changed year-over-year?
First BanCorp's defined benefit plan assumptions used calculating net periodic benefit cost discount rate increased by 8.9% year-over-year, from 5.1% to 5.6%.
What does defined benefit plan assumptions used calculating net periodic benefit cost discount rate mean?
The interest rate used to calculate the present value of future pension obligations for defined benefit plans. This rate is a critical actuarial assumption that directly impacts the reported pension liability and periodic benefit costs. Changes in this rate reflect shifts in market interest rates and long-term economic expectations.