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First BanCorp FBP Income Tax Reconciliation Federal And State Income Taxes

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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$3.9B+5.9%
Enterprise value$3.73B+47.2%
P/E10.9×-1.2×
P/S3.9×0.0×

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 fbp:IncomeTaxReconciliationFederalAndStateIncomeTaxes.

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 income tax reconciliation federal and state income taxes?
First BanCorp (FBP) reported income tax reconciliation federal and state income taxes of $2.99M in Q4 2025.
How has First BanCorp's income tax reconciliation federal and state income taxes changed year-over-year?
First BanCorp's income tax reconciliation federal and state income taxes increased by 11.8% year-over-year, from $2.67M to $2.99M.
What is the long-term trend for First BanCorp's income tax reconciliation federal and state income taxes?
Over 2 years (2023 to 2025), First BanCorp's income tax reconciliation federal and state income taxes has grown at a 9.3% compound annual growth rate (CAGR), from $10.01M to $11.95M.
What does income tax reconciliation federal and state income taxes mean?
A reconciliation item that quantifies the specific impact of federal and state tax adjustments on the overall effective tax rate. It explains the variance between the statutory tax rate and the actual tax provision reported in the financial statements.