First BanCorp FBP Mortgage Banking — Taxes Excluding Income And Excise Taxes

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FAQ

What is First BanCorp's mortgage banking — taxes excluding income and excise taxes?

First BanCorp (FBP) reported mortgage banking — taxes excluding income and excise taxes of $477K in Q2 2026.

How has First BanCorp's mortgage banking — taxes excluding income and excise taxes changed year-over-year?

First BanCorp's mortgage banking — taxes excluding income and excise taxes increased by 7.0% year-over-year, from $446K to $477K.

What is the long-term trend for First BanCorp's mortgage banking — taxes excluding income and excise taxes?

Over 3 years (2022 to 2025), First BanCorp's mortgage banking — taxes excluding income and excise taxes has grown at a 25.5% compound annual growth rate (CAGR), from $964K to $1.91M.

What does mortgage banking — taxes excluding income and excise taxes mean?

This metric tracks non-income and non-excise tax obligations, such as property taxes or payroll-related taxes, specifically attributable to the mortgage banking segment. It provides visibility into the mandatory fiscal burden imposed by local or state jurisdictions on the segment's operations. This is a component of the total operational cost base for the business unit.