Flagship explainer
How FIRST BANCORP. earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $869M | 100% |
| |
| Income before tax | $417M | 48% |
|
| Income tax | $71.9M | 8% |
|
| $345M | 40% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001057706-26-000007