What is First BanCorp's professional fees?

First BanCorp (FBP) reported professional fees of $12.91M in Q1 2026.

How has First BanCorp's professional fees changed year-over-year?

First BanCorp's professional fees increased by 12.4% year-over-year, from $11.49M to $12.91M.

What is the long-term trend for First BanCorp's professional fees?

Over 4 years (2021 to 2025), First BanCorp's professional fees has grown at a -5.4% compound annual growth rate (CAGR), from $59.96M to $48.11M.

What does professional fees mean?

Fees paid to external professionals including lawyers, auditors, management consultants, tax advisors, and other specialized service providers.

First BanCorp FBP Professional fees

Professional fees at other companies

International BancsharesIBOC

$3.44M-3.6%

First Financial BancorpFFBC

$3.99M+45.5%

PopularBPOP

$25.55M-4.7%

Associated Banc-CorpASB

$6.72M+10.5%

Ameris BancorpABCB

$5.03M+35.9%

Atlantic Union BanksharesAUB

$5.77M+23.1%

Segments

By segment

See full

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

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$4.06B+5.9%

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: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 fees?: First BanCorp (FBP) reported professional fees of $12.91M in Q1 2026.
How has First BanCorp's professional fees changed year-over-year?: First BanCorp's professional fees increased by 12.4% year-over-year, from $11.49M to $12.91M.
What is the long-term trend for First BanCorp's professional fees?: Over 4 years (2021 to 2025), First BanCorp's professional fees has grown at a -5.4% compound annual growth rate (CAGR), from $59.96M to $48.11M.
What does professional fees mean?: Fees paid to external professionals including lawyers, auditors, management consultants, tax advisors, and other specialized service providers.