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First BanCorp FBP FDIC assessments

FDIC assessments at other companies

First Financial Bankshares logo
First Financial BanksharesFFIN
$1.56M-1.0%
First Financial Bancorp logo
First Financial BancorpFFBC
$3.65M+19.2%
Bank First Corporation logo
Bank First CorporationBFC
$716K+13.7%
International Bancshares logo
International BancsharesIBOC
$1.84M+3.8%
Popular logo
PopularBPOP
$9.92M-1.2%
Origin Bancorp logo
Origin BancorpOBK
$1.34M-4.1%

Segments

By segment

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Consumer Retail Banking$675K-13.2%
Commercial And Corporate$629K-5.8%
Mortgage Banking$376K-9.4%
United States Operations$244K+3.0%
Virgin Islands Operations$134K-2.9%
Treasury And Investments$0

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:FederalDepositInsuranceCorporationPremiumExpense.

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 FDIC assessments?
First BanCorp (FBP) reported FDIC assessments of $2.06M in Q1 2026.
How has First BanCorp's FDIC assessments changed year-over-year?
First BanCorp's FDIC assessments decreased by 8.0% year-over-year, from $2.24M to $2.06M.
What is the long-term trend for First BanCorp's FDIC assessments?
Over 4 years (2021 to 2025), First BanCorp's FDIC assessments has grown at a 4.0% compound annual growth rate (CAGR), from $6.54M to $7.67M.
What does FDIC assessments mean?
Reflects the mandatory insurance premiums paid to the FDIC to protect customer deposits. This is a critical regulatory cost for banking institutions that scales with the size and risk profile of the deposit base.