First BanCorp FBP Brokered deposits

Brokered deposits at other companies

PopularBPOP

$1B-41.2%

OFG BancorpOFG

$238.88M-3.8%

Banner CorporationBANR

$0-100%

FAQ

What is First BanCorp's brokered deposits?

First BanCorp (FBP) reported brokered deposits of $594.75M in Q2 2026.

How has First BanCorp's brokered deposits changed year-over-year?

First BanCorp's brokered deposits increased by 13.0% year-over-year, from $526.55M to $594.75M.

What is the long-term trend for First BanCorp's brokered deposits?

Over 5 years (2020 to 2025), First BanCorp's brokered deposits has grown at a 22.4% compound annual growth rate (CAGR), from $216.17M to $593.56M.

What does brokered deposits mean?

This represents interest-bearing deposits acquired through third-party brokers rather than directly from the bank's retail or commercial customers. Brokered deposits are often used to manage liquidity needs quickly but are typically more expensive and less stable than core deposits. A high reliance on these deposits can indicate higher funding costs and potential liquidity sensitivity.