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First BanCorp FBP Direct Financing Lease Deferred Selling Profit

Direct Financing Lease Deferred Selling Profit at other companies

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PopularBPOP
$408.74M+1.4%
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Customers BancorpCUBI

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:DirectFinancingLeaseDeferredSellingProfit.

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 direct financing lease deferred selling profit?
First BanCorp (FBP) reported direct financing lease deferred selling profit of $113.2M in Q4 2025.
How has First BanCorp's direct financing lease deferred selling profit changed year-over-year?
First BanCorp's direct financing lease deferred selling profit decreased by 10.2% year-over-year, from $126M to $113.2M.
What is the long-term trend for First BanCorp's direct financing lease deferred selling profit?
Over 4 years (2021 to 2025), First BanCorp's direct financing lease deferred selling profit has grown at a 10.5% compound annual growth rate (CAGR), from $75.8M to $113.2M.
What does direct financing lease deferred selling profit mean?
This metric captures the profit on direct financing leases that is deferred at the inception of the lease and recognized over the lease term. It represents the difference between the fair value of the leased asset and its cost or carrying amount. Monitoring this provides insight into the long-term profitability and revenue recognition profile of the leasing business segment.