First BanCorp FBP Mortgage Banking — Interest Income Expense Net

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FAQ

What is First BanCorp's mortgage banking — interest income expense net?

First BanCorp (FBP) reported mortgage banking — interest income expense net of $17.75M in Q2 2026.

How has First BanCorp's mortgage banking — interest income expense net changed year-over-year?

First BanCorp's mortgage banking — interest income expense net increased by 0.5% year-over-year, from $17.67M to $17.75M.

What is the long-term trend for First BanCorp's mortgage banking — interest income expense net?

Over 4 years (2021 to 2025), First BanCorp's mortgage banking — interest income expense net has grown at a -9.3% compound annual growth rate (CAGR), from $104.64M to $70.87M.

What does mortgage banking — interest income expense net mean?

This represents the net interest margin generated by the mortgage banking segment after accounting for interest income from mortgage assets and interest expenses related to funding those assets. It reflects the core profitability of the segment's lending activities before non-interest income and operating expenses are considered.