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First BanCorp FBP Lease Payments

Lease Payments at other companies

Independent Bank Corp logo
Independent Bank CorpINDB
$3.96M-0.9%
BankUnited logo
BankUnitedBKU
$4.24M-0.5%
Flagstar Bank logo
Flagstar Bank FLG
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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$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:OperatingLeasePayments.

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 lease payments?
First BanCorp (FBP) reported lease payments of $4.51M in Q1 2026.
How has First BanCorp's lease payments changed year-over-year?
First BanCorp's lease payments increased by 2.4% year-over-year, from $4.41M to $4.51M.
What is the long-term trend for First BanCorp's lease payments?
Over 3 years (2021 to 2025), First BanCorp's lease payments has grown at a -2.8% compound annual growth rate (CAGR), from $19.33M to $17.73M.
What does lease payments mean?
The total cash payments made for operating leases, including rent for office space, branches, or equipment. This represents a recurring fixed cost necessary to maintain the company's physical infrastructure and operational capacity.