First BanCorp FBP Virgin Islands Operations — Professional Fees

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FAQ

What is First BanCorp's virgin islands operations — professional fees?

First BanCorp (FBP) reported virgin islands operations — professional fees of $1.24M in Q2 2026.

How has First BanCorp's virgin islands operations — professional fees changed year-over-year?

First BanCorp's virgin islands operations — professional fees increased by 17.9% year-over-year, from $1.05M to $1.24M.

What is the long-term trend for First BanCorp's virgin islands operations — professional fees?

Over 3 years (2022 to 2025), First BanCorp's virgin islands operations — professional fees has grown at a -3.4% compound annual growth rate (CAGR), from $5.26M to $4.74M.

What does virgin islands operations — professional fees mean?

Includes payments made to external consultants, legal counsel, auditors, and other third-party service providers for the Virgin Islands segment. High levels of this expense may indicate reliance on external expertise for regulatory compliance, specialized projects, or operational support.