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First BanCorp FBP Commercial And Corporate — Professional Fees

Other segment segments

Consumer Retail Banking
$7.74M+23.9%
Mortgage Banking
$1.63M+5.8%
Virgin Islands Operations
$1.15M-15.5%
United States Operations
$1.03M+8.2%
Treasury And Investments
$376K+8.0%

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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:ProfessionalFees.

The official record: First BanCorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First BanCorp's commercial and corporate — professional fees?
First BanCorp (FBP) reported commercial and corporate — professional fees of $992K in Q1 2026.
How has First BanCorp's commercial and corporate — professional fees changed year-over-year?
First BanCorp's commercial and corporate — professional fees decreased by 4.8% year-over-year, from $1.04M to $992K.
What is the long-term trend for First BanCorp's commercial and corporate — professional fees?
Over 3 years (2022 to 2025), First BanCorp's commercial and corporate — professional fees has grown at a 0.1% compound annual growth rate (CAGR), from $3.99M to $4M.
What does commercial and corporate — professional fees mean?
Reflects the costs paid to external consultants, legal advisors, auditors, and other third-party service providers specifically for the Commercial and Corporate banking segment. These expenses represent the reliance on external expertise to support regulatory compliance, strategic projects, or specialized business operations. High levels may indicate complex operational challenges or significant strategic initiatives.