First BanCorp FBP Provision (benefit) for other credit losses
Provision (benefit) for other credit losses at other companies
Other financials
Where this comes from
Reported directly by First BanCorp in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
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 provision (benefit) for other credit losses?
- First BanCorp (FBP) reported provision (benefit) for other credit losses of -$4K in Q1 2026.
- How has First BanCorp's provision (benefit) for other credit losses changed year-over-year?
- First BanCorp's provision (benefit) for other credit losses decreased by 111.1% year-over-year, from $36K to -$4K.
- What is the long-term trend for First BanCorp's provision (benefit) for other credit losses?
- Over 2 years (2021 to 2025), First BanCorp's provision (benefit) for other credit losses has grown at a -32.8% compound annual growth rate (CAGR), from -$410K to $185K.
- What does provision (benefit) for other credit losses mean?
- The expense recognized to account for expected losses on non-loan financial assets, such as off-balance sheet credit exposures or investment securities. This metric reflects management's assessment of credit risk outside of the core loan portfolio. It is a critical indicator of the company's risk management and potential future balance sheet volatility.