First BanCorp FBP Mortgage Banking — Labor And Related Expense
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Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 mortgage banking — labor and related expense?
- First BanCorp (FBP) reported mortgage banking — labor and related expense of $7.02M in Q1 2026.
- How has First BanCorp's mortgage banking — labor and related expense changed year-over-year?
- First BanCorp's mortgage banking — labor and related expense increased by 0.7% year-over-year, from $6.97M to $7.02M.
- What is the long-term trend for First BanCorp's mortgage banking — labor and related expense?
- Over 3 years (2022 to 2025), First BanCorp's mortgage banking — labor and related expense has grown at a 4.0% compound annual growth rate (CAGR), from $24.46M to $27.5M.
- What does mortgage banking — labor and related expense mean?
- This metric represents the total compensation and benefits costs associated with personnel working within the mortgage banking segment. It includes salaries, bonuses, and payroll-related taxes for staff involved in mortgage origination, processing, and servicing. Monitoring this helps evaluate the operational cost structure and human capital investment required to support mortgage business volume.