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First BanCorp FBP Virgin Islands Operations — Other Noninterest Expense

Other segment segments

Consumer Retail Banking
$5.35M-15.3%
Mortgage Banking
$808K+2.4%
United States Operations
$719K-1.6%
Commercial And Corporate
$333K-75.6%
Treasury And Investments
$218K-65.8%

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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

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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

884

Item 6.

FAQ

What is First BanCorp's virgin islands operations — other noninterest expense?
First BanCorp (FBP) reported virgin islands operations — other noninterest expense of $884K in Q2 2026.
How has First BanCorp's virgin islands operations — other noninterest expense changed year-over-year?
First BanCorp's virgin islands operations — other noninterest expense decreased by 4.8% year-over-year, from $929K to $884K.
What is the long-term trend for First BanCorp's virgin islands operations — other noninterest expense?
Over 3 years (2022 to 2025), First BanCorp's virgin islands operations — other noninterest expense has grown at a 8.4% compound annual growth rate (CAGR), from $3.34M to $4.25M.
What does virgin islands operations — other noninterest expense mean?
Encompasses miscellaneous operating costs not categorized under specific line items for the Virgin Islands segment, such as travel, supplies, or minor administrative overhead. It provides insight into the general operational efficiency and cost control discipline of the regional unit.

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