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First BanCorp FBP Reward Liability Included In Other Liabilities

Reward Liability Included In Other Liabilities at other companies

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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$4.11B+29.7%
Enterprise value$3.93B+81.5%
P/E11.5×+1.0×
P/S4.1×+0.7×

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:RewardLiabilityIncludedInOtherLiabilities.

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 reward liability included in other liabilities?
First BanCorp (FBP) reported reward liability included in other liabilities of $9M in Q4 2025.
How has First BanCorp's reward liability included in other liabilities changed year-over-year?
First BanCorp's reward liability included in other liabilities decreased by 4.3% year-over-year, from $9.4M to $9M.
What is the long-term trend for First BanCorp's reward liability included in other liabilities?
Over 5 years (2020 to 2025), First BanCorp's reward liability included in other liabilities has grown at a 3.7% compound annual growth rate (CAGR), from $7.5M to $9M.
What does reward liability included in other liabilities mean?
Represents the estimated liability for customer reward programs, such as loyalty points or cash-back incentives, that the company is obligated to fulfill. This liability reflects the cost of future redemptions by customers based on their accumulated activity. It is a measure of the company's operational commitment to customer retention programs.