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First BanCorp FBP Construction in progress

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Other financials

Income statement

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Revenue$258.6M+4.2%
Net income$96.1M+19.9%
EPS (diluted)$0.62+24.0%

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$4.4B+27.8%
Enterprise value$4.23B+47.2%
P/E11.8×+0.6×

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:ConstructionInProgressGross.

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 construction in progress?
First BanCorp (FBP) reported construction in progress of $4.34M in Q4 2025.
How has First BanCorp's construction in progress changed year-over-year?
First BanCorp's construction in progress increased by 266.9% year-over-year, from $1.18M to $4.34M.
What is the long-term trend for First BanCorp's construction in progress?
Over 5 years (2020 to 2025), First BanCorp's construction in progress has grown at a -10.7% compound annual growth rate (CAGR), from $7.65M to $4.34M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.