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First BanCorp FBP Professional services

Professional services at other companies

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$25.55M-4.7%

Segments

By segment

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Consumer Retail Banking$7.74M+23.9%
Mortgage Banking$1.63M+5.8%
Virgin Islands Operations$1.15M-15.5%
United States Operations$1.03M+8.2%
Commercial And Corporate$992K-4.8%
Treasury And Investments$376K+8.0%

Other financials

Income statement

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Revenue$258.6M+4.2%
Net income$88.8M+15.2%
EPS (diluted)$0.57+21.3%

Balance sheet

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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

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Operating cash flow$121.1M+11.9%
CapEx$5.2M+248%
Free cash flow$115.9M+8.6%

Valuation

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Market cap$4.06B+5.9%

Profitability

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Net margin35.3%+3.6pp
FCF margin44.2%+3.7pp

Returns & leverage

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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:ProfessionalFees.

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 professional services?
First BanCorp (FBP) reported professional services of $12.91M in Q1 2026.
How has First BanCorp's professional services changed year-over-year?
First BanCorp's professional services increased by 12.4% year-over-year, from $11.49M to $12.91M.
What is the long-term trend for First BanCorp's professional services?
Over 4 years (2021 to 2025), First BanCorp's professional services has grown at a -5.4% compound annual growth rate (CAGR), from $59.96M to $48.11M.
What does professional services mean?
Includes payments made to third-party consultants, legal counsel, auditors, and other external service providers. It serves as a measure of the company's reliance on external expertise to support operational, regulatory, and strategic initiatives.