What is First BanCorp's interest expense?

First BanCorp (FBP) reported interest expense of $58.89M in Q1 2026.

How has First BanCorp's interest expense changed year-over-year?

First BanCorp's interest expense decreased by 8.9% year-over-year, from $64.67M to $58.89M.

What is the long-term trend for First BanCorp's interest expense?

Over 4 years (2021 to 2025), First BanCorp's interest expense has grown at a 40.7% compound annual growth rate (CAGR), from $64.78M to $254.22M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

First BanCorp FBP Interest Expense

Interest Expense at other companies

First Financial BanksharesFFIN

$48.15M-0.3%

International BancsharesIBOC

$48.97M-8.3%

First Hawaiian, Inc.FHB

$62.17M-16.7%

First Financial BancorpFFBC

$92.81M+1.8%

Independent Bank CorpINDB

$77.81M+17.2%

PopularBPOP

$277.04M-11.0%

Segments

By segment

See full

Consumer Retail Banking$36.26M-4.2%

United States Operations$15.05M-3.4%

Commercial And Corporate$3.85M+1.8%

Treasury And Investments$2.37M-57.5%

Virgin Islands Operations$1.37M-27.9%

Mortgage Banking$0—

Other financials

Income statement

See full

Revenue$258.6M+4.2%

Net income$88.8M+15.2%

EPS (diluted)$0.57+21.3%

Balance sheet

See full

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

See full

Operating cash flow$121.1M+11.9%

CapEx$5.2M+248%

Free cash flow$115.9M+8.6%

Valuation

See full

Market cap$3.9B+5.9%

Enterprise value$3.73B+47.2%

P/E10.9×-1.2×

P/S3.9×0.0×

Profitability

See full

Net margin35.3%+3.6pp

FCF margin44.2%+3.7pp

Returns & leverage

See full

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:InterestExpenseOperating.

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 interest expense?: First BanCorp (FBP) reported interest expense of $58.89M in Q1 2026.
How has First BanCorp's interest expense changed year-over-year?: First BanCorp's interest expense decreased by 8.9% year-over-year, from $64.67M to $58.89M.
What is the long-term trend for First BanCorp's interest expense?: Over 4 years (2021 to 2025), First BanCorp's interest expense has grown at a 40.7% compound annual growth rate (CAGR), from $64.78M to $254.22M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.