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First BanCorp FBP United States Operations — Professional Fees

Other segment segments

Consumer Retail Banking
$7.74M+23.9%
Mortgage Banking
$1.63M+5.8%
Virgin Islands Operations
$1.15M-15.5%
Commercial And Corporate
$992K-4.8%
Treasury And Investments
$376K+8.0%

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$4.24M-6.1%
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RNSTProfessional fees
$4.4M+52.6%
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KEELProfessional fees
$12.1M+127%

Other financials

Income statement

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Revenue$258.6M+4.2%
Net income$88.8M+15.2%
EPS (diluted)$0.57+21.3%

Balance sheet

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Cash & equivalents$550.9M-58.5%
Total debt$380.0M+14.8%
Total equity$2.0B+10.6%
Total assets$19.1B-0.1%

Cash flow

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Operating cash flow$121.1M+11.9%
CapEx$5.2M+248%
Free cash flow$115.9M+8.6%

Valuation

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Market cap$4.06B+5.9%

Profitability

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Net margin35.3%+3.6pp
FCF margin44.2%+3.7pp

Returns & leverage

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Return on equity19%+0.5pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by First BanCorp in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

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 united states operations — professional fees?
First BanCorp (FBP) reported united states operations — professional fees of $1.03M in Q1 2026.
How has First BanCorp's united states operations — professional fees changed year-over-year?
First BanCorp's united states operations — professional fees increased by 8.2% year-over-year, from $948K to $1.03M.
What is the long-term trend for First BanCorp's united states operations — professional fees?
Over 3 years (2022 to 2025), First BanCorp's united states operations — professional fees has grown at a -1.2% compound annual growth rate (CAGR), from $4.47M to $4.32M.
What does united states operations — professional fees mean?
This represents payments made to third-party consultants, legal counsel, and other professional service providers for the United States segment. It reflects the reliance on external expertise for compliance, strategy, and operational support.