First BanCorp FBP Mortgage Banking — Other Noninterest Expense

Other segment segments

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ACGLMortgage — Other Expenses

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Questions, answered.

What is First BanCorp's mortgage banking — other noninterest expense?

First BanCorp (FBP) reported mortgage banking — other noninterest expense of $817K in Q1 2026.

How has First BanCorp's mortgage banking — other noninterest expense changed year-over-year?

First BanCorp's mortgage banking — other noninterest expense decreased by 15.9% year-over-year, from $972K to $817K.

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.