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First BanCorp FBP Unamortized Broker Placement Fees

Unamortized Broker Placement Fees at other companies

SLM logo
SLMSLM
$5.21M
JAN
Janus Living JAN
$8.14M
TPG Inc. logo
TPG Inc.TPG
$48.8M+81.7%
JAN
Janus Living JAN
50%
Community Financial System logo
Community Financial SystemCBU
$89.8M+6.8%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$271M+32.8%

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 fbp:UnamortizedBrokerPlacementFees.

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 unamortized broker placement fees?
First BanCorp (FBP) reported unamortized broker placement fees of $800K in Q1 2026.
How has First BanCorp's unamortized broker placement fees changed year-over-year?
First BanCorp's unamortized broker placement fees decreased by 20.0% year-over-year, from $1M to $800K.
What is the long-term trend for First BanCorp's unamortized broker placement fees?
Over 5 years (2020 to 2025), First BanCorp's unamortized broker placement fees has grown at a 17.6% compound annual growth rate (CAGR), from $400K to $900K.
What does unamortized broker placement fees mean?
This represents the balance of broker placement fees paid to acquire deposits that have not yet been recognized as an expense in the income statement. It reflects the deferred costs associated with the bank's strategy of utilizing brokered deposits to manage liquidity.