First BanCorp FBP Gross charge-offs
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Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.
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 gross charge-offs?
- First BanCorp (FBP) reported gross charge-offs of $27.2M in Q1 2026.
- How has First BanCorp's gross charge-offs changed year-over-year?
- First BanCorp's gross charge-offs decreased by 3.6% year-over-year, from $28.21M to $27.2M.
- What is the long-term trend for First BanCorp's gross charge-offs?
- Over 4 years (2021 to 2025), First BanCorp's gross charge-offs has grown at a 6.5% compound annual growth rate (CAGR), from $80.71M to $103.92M.
- What does gross charge-offs mean?
- The total amount of financing receivables written off against the allowance for credit losses during the period. This represents the realized credit losses from the loan portfolio that are deemed uncollectible.