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First BanCorp FBP Virgin Islands Operations — Direct Non Interest Expenses

Other segment segments

Consumer Retail Banking
$82.95M+7.0%
United States Operations
$11.65M+0.5%
Mortgage Banking
$10.8M-0.2%
Commercial And Corporate
$9.17M-14.4%
Treasury And Investments
$2.21M-11.6%

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TBBKFintech — Other Direct Non Interest Expense
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TBBKFintech — Total direct non-interest expense
$8.02M+1.9%
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TBBKREBL — Other Direct Non Interest Expense
$1.19M-4.6%
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TBBKREBL — Total direct non-interest expense
$2.47M-0.4%

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 fbp:DirectNonInterestExpenses.

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

10,544

Item 6.

FAQ

What is First BanCorp's virgin islands operations — direct non interest expenses?
First BanCorp (FBP) reported virgin islands operations — direct non interest expenses of $10.54M in Q2 2026.
How has First BanCorp's virgin islands operations — direct non interest expenses changed year-over-year?
First BanCorp's virgin islands operations — direct non interest expenses increased by 3.2% year-over-year, from $10.22M to $10.54M.
What is the long-term trend for First BanCorp's virgin islands operations — direct non interest expenses?
Over 4 years (2021 to 2025), First BanCorp's virgin islands operations — direct non interest expenses has grown at a 0.8% compound annual growth rate (CAGR), from -$42.89M to $44.31M.
What does virgin islands operations — direct non interest expenses mean?
The aggregate of all non-interest operating expenses directly attributable to the Virgin Islands segment, excluding interest-related costs. This metric is a primary indicator of the total cost structure required to operate the regional banking business.

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