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First BanCorp FBP Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount

Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount at other companies

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$2M

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:ValuationAllowanceDeferredTaxAssetChangeInAmount.

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 valuation allowance, deferred tax asset, increase (decrease), amount?
First BanCorp (FBP) reported valuation allowance, deferred tax asset, increase (decrease), amount of -$4.28M in Q4 2025.
What does valuation allowance, deferred tax asset, increase (decrease), amount mean?
The net change in the valuation allowance established against deferred tax assets, indicating management's assessment of the likelihood that these assets will be realized. An increase in the allowance suggests reduced confidence in utilizing tax benefits, while a decrease indicates improved future tax outlook.