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First BanCorp FBP Mortgage Banking — Other Noninterest Expense

Other segment segments

Consumer Retail Banking
$5.35M-15.3%
Virgin Islands Operations
$884K-4.8%
United States Operations
$719K-1.6%
Commercial And Corporate
$333K-75.6%
Treasury And Investments
$218K-65.8%

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$5.41M+14.4%
NBT
NBTBBanking — Other Noninterest Expense
$8.08M-16.6%

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

See full
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:OtherNoninterestExpense.

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

808

Item 6.

FAQ

What is First BanCorp's mortgage banking — other noninterest expense?
First BanCorp (FBP) reported mortgage banking — other noninterest expense of $808K in Q2 2026.
How has First BanCorp's mortgage banking — other noninterest expense changed year-over-year?
First BanCorp's mortgage banking — other noninterest expense increased by 2.4% year-over-year, from $789K to $808K.
What is the long-term trend for First BanCorp's mortgage banking — other noninterest expense?
Over 3 years (2022 to 2025), First BanCorp's mortgage banking — other noninterest expense has grown at a 7.3% compound annual growth rate (CAGR), from $2.8M to $3.46M.
What does mortgage banking — other noninterest expense mean?
This metric aggregates miscellaneous operational costs within the mortgage banking segment that do not fall into primary expense categories like labor, occupancy, or marketing. It includes items such as software licensing, travel, and general administrative overhead. It is used to monitor the 'catch-all' operational expenses that contribute to the segment's total noninterest expense base.

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