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First BanCorp FBP Commercial And Corporate — Professional Fees

Other segment segments

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$1.61M+7.6%
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$1.24M+17.9%
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$1.21M+11.8%
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$435K+20.5%

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Other financials

Income statement

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Revenue$264.9M+7.3%
Net income$96.2M+19.9%
EPS (diluted)$0.62+24.0%

Balance sheet

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Cash & equivalents$561.3M-23.8%
Total debt$200.0M-37.5%
Total equity$2.0B+7.1%
Total assets$19.2B+1.8%

Cash flow

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Operating cash flow$92.2M-3.4%
CapEx$5.0M+93.1%
Free cash flow$87.2M-6.1%

Valuation

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Market cap$4.44B+34.9%
Enterprise value$4.08B+41.9%
P/E11.9×+1.2×
P/S4.3×+0.9×

Profitability

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Net margin36.2%+4.6pp
FCF margin42.8%+0.6pp

Returns & leverage

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Return on equity19.5%+1.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by First BanCorp in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The source filing: First BanCorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:39 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001057706-26-000023

969

Item 6.

FAQ

What is First BanCorp's commercial and corporate — professional fees?
First BanCorp (FBP) reported commercial and corporate — professional fees of $969K in Q2 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 2.8% year-over-year, from $997K to $969K.
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.

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