First BanCorp FBP Gain on termination of lease
Gain on termination of lease at other companies
Other financials
Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnTerminationOfLease.
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 gain on termination of lease?
- First BanCorp (FBP) reported gain on termination of lease of $125K in Q4 2024.
- How has First BanCorp's gain on termination of lease changed year-over-year?
- First BanCorp's gain on termination of lease increased by 400.0% year-over-year, from $25K to $125K.
- What is the long-term trend for First BanCorp's gain on termination of lease?
- Over 3 years (2021 to 2024), First BanCorp's gain on termination of lease has grown at a -27.3% compound annual growth rate (CAGR), from $1.3M to $500K.
- What does gain on termination of lease mean?
- The net gain or loss recognized upon the early termination or modification of lease agreements. This metric captures the financial impact of restructuring real estate or equipment portfolios. It often reflects management's efforts to optimize operational costs by exiting underutilized facilities.