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First BanCorp FBP Defined Benefit Plan, Net Periodic Benefit Cost (Credit)

Defined Benefit Plan, Net Periodic Benefit Cost (Credit) at other companies

First BanCorp logo
First BanCorpFBP
$101K+60.3%
CHE
ChemedCHE
$9.92M+85.2%
Q2 Holdings logo
Q2 HoldingsQTWO
$150K
StepStone Group Inc. logo
StepStone Group Inc.STEP
$450K+38.5%
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-$55.75M+9.7%
AeroVironment logo
AeroVironmentAVAV
$16.5K+124%

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:DefinedBenefitPlanNetPeriodicBenefitCost.

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 defined benefit plan, net periodic benefit cost (credit)?
First BanCorp (FBP) reported defined benefit plan, net periodic benefit cost (credit) of $101K in Q1 2026.
How has First BanCorp's defined benefit plan, net periodic benefit cost (credit) changed year-over-year?
First BanCorp's defined benefit plan, net periodic benefit cost (credit) increased by 60.3% year-over-year, from $63K to $101K.
What is the long-term trend for First BanCorp's defined benefit plan, net periodic benefit cost (credit)?
Over 4 years (2021 to 2025), First BanCorp's defined benefit plan, net periodic benefit cost (credit) has grown at a -40.9% compound annual growth rate (CAGR), from $2.04M to $249K.
What does defined benefit plan, net periodic benefit cost (credit) mean?
The total expense recognized in the income statement related to providing defined benefit pension or postretirement plans to employees. This includes service costs, interest costs, and expected returns on plan assets. It represents the ongoing operational burden of maintaining legacy retirement commitments.