FIRST BANCORP /PR/ (FBP) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Financials
State Commercial BanksSEC EDGAR

FIRST BANCORP /PR/ (FBP) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

FIRST BANCORP /PR/ FY2025 10-K Analysis

Business Overview

  • Core business model: FDIC-insured commercial bank providing typical banking services under Puerto Rico banking laws
  • New regulatory framework for leveraged lending adopted in December 2025 rescinding prior 2013 Guidance, shifting to principles-based management
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Management Discussion & Analysis

  • No revenue or profit figures disclosed for 2025 vs 2024 comparison in provided excerpt
  • No segment performance details included in the given text
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Risk Factors

  • Regulatory risk from Act 65-2025 enabling $16.6M deferred tax asset valuation allowance reversal
  • Macroeconomic threat from commercial real estate downturn increasing credit loss provision by $27.9M
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FIRST BANCORP /PR/ FY2025 Key Financial Metrics
XBRL

Revenue

$1.0B

+6.7% YoY

Net Income

$345M

+15.4% YoY

Net Margin

34.5%

+262bp YoY

ROE

17.5%

-36bp YoY

Total Assets

$19.1B

-0.8% YoY

EPS (Diluted)

$2.15

+18.8% YoY

Operating Cash Flow

$449M

+11.0% YoY

Source: XBRL data from FIRST BANCORP /PR/ FY2025 10-K filing on SEC EDGAR. All figures in USD.

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