First BanCorp FBP Commercial And Corporate — Occupancy Net

Other segment segments

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Questions, answered.

What is First BanCorp's commercial and corporate — occupancy net?

First BanCorp (FBP) reported commercial and corporate — occupancy net of $1.35M in Q1 2026.

How has First BanCorp's commercial and corporate — occupancy net changed year-over-year?

First BanCorp's commercial and corporate — occupancy net decreased by 15.8% year-over-year, from $1.6M to $1.35M.

What is the long-term trend for First BanCorp's commercial and corporate — occupancy net?

Over 3 years (2022 to 2025), First BanCorp's commercial and corporate — occupancy net has grown at a 2.8% compound annual growth rate (CAGR), from $5.45M to $5.92M.

What does commercial and corporate — occupancy net mean?

Captures the net costs associated with maintaining physical office space and facilities utilized by the Commercial and Corporate banking division. This includes rent, utilities, maintenance, and depreciation of property assets allocated to this specific business unit. It serves as a key indicator of the overhead burden required to sustain the segment's physical footprint.