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First BanCorp FBP Consumer Retail Banking — Professional Fees

Other segment segments

Mortgage Banking
$1.61M+7.6%
Virgin Islands Operations
$1.24M+17.9%
United States Operations
$1.21M+11.8%
Commercial And Corporate
$969K-2.8%
Treasury And Investments
$435K+20.5%

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$5.38M+10.9%

Other financials

Income statement

See full
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

See full
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

7,654

Item 6.

FAQ

What is First BanCorp's consumer retail banking — professional fees?
First BanCorp (FBP) reported consumer retail banking — professional fees of $7.65M in Q2 2026.
How has First BanCorp's consumer retail banking — professional fees changed year-over-year?
First BanCorp's consumer retail banking — professional fees increased by 15.6% year-over-year, from $6.62M to $7.65M.
What is the long-term trend for First BanCorp's consumer retail banking — professional fees?
Over 3 years (2022 to 2025), First BanCorp's consumer retail banking — professional fees has grown at a 2.9% compound annual growth rate (CAGR), from $25.12M to $27.33M.
What does consumer retail banking — professional fees mean?
Includes payments made to third-party consultants, legal advisors, and external service providers specifically for the support of retail banking operations. High levels of these fees may indicate reliance on external expertise for compliance, technology implementation, or strategic initiatives.

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