First BanCorp FBP Provision for Credit Losses

Provision for Credit Losses at other companies

PopularBPOP

$65.87M+34.6%

International BancsharesIBOC

$11.11M+153%

Bank First CorporationBFC

$0+100%

First Financial BancorpFFBC

$12.93M+42.4%

Customers BancorpCUBI

$600K-62.5%

First BancorpFNLC

$17K-87.6%

FAQ

What is First BanCorp's provision for credit losses?

First BanCorp (FBP) reported provision for credit losses of $17.33M in Q2 2026.

How has First BanCorp's provision for credit losses changed year-over-year?

First BanCorp's provision for credit losses decreased by 15.8% year-over-year, from $20.59M to $17.33M.

What is the long-term trend for First BanCorp's provision for credit losses?

Over 4 years (2021 to 2025), First BanCorp's provision for credit losses has grown at a 7.0% compound annual growth rate (CAGR), from -$65.7M to $85.96M.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.