First BanCorp FBP Mortgage Banking — Direct Non Interest Expenses

Other segment segments

Similar metrics at other companies

NVRMortgage Banking — Interest Expense, Operating and Nonoperating

$333K+22.0%

HTHMortgage Origination — Noninterest Expense

$74.4M-0.3%

FBKMortgage — Total noninterest expense

$13.59M+7.5%

MBINMulti Family Mortgage Banking — Noninterest Expense

$25.63M+4.3%

FBKMortgage — Other noninterest expense

$5.59M-2.5%

PFSIMortgage Banking Lending Sector — Operating Expenses

$273.35M+47.0%

Questions, answered.

What is First BanCorp's mortgage banking — direct non interest expenses?

First BanCorp (FBP) reported mortgage banking — direct non interest expenses of $10.94M in Q1 2026.

How has First BanCorp's mortgage banking — direct non interest expenses changed year-over-year?

First BanCorp's mortgage banking — direct non interest expenses decreased by 0.5% year-over-year, from $10.99M to $10.94M.

What is the long-term trend for First BanCorp's mortgage banking — direct non interest expenses?

Over 4 years (2021 to 2025), First BanCorp's mortgage banking — direct non interest expenses has grown at a -1.1% compound annual growth rate (CAGR), from -$45.12M to $43.2M.

What does mortgage banking — direct non interest expenses mean?

This metric represents the total sum of all non-interest-related operating expenses directly attributable to the mortgage banking segment. It provides a comprehensive view of the cost structure required to run the mortgage business, excluding interest-related costs. Investors use this to assess the overall operational efficiency and cost management of the mortgage division.