What is First BanCorp's provision for credit losses?

First BanCorp (FBP) reported provision for credit losses of $107K in Q1 2026.

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

First BanCorp's provision for credit losses increased by 269.8% year-over-year, from -$63K to $107K.

What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

First BanCorp FBP Provision for Credit Losses

Provision for Credit Losses at other companies

First Financial BanksharesFFIN

$2.29M-35.1%

International BancsharesIBOC

$3.02M-9.2%

First Financial BancorpFFBC

$8.54M-1.8%

PopularBPOP

-$109K-108%

Independent Bank CorpINDB

$5.5M-63.3%

Regions FinancialRF

$91M-26.6%

Segments

By segment

See full

Consumer Retail Banking$18.58M-7.2%

Commercial And Corporate-$3.31M-225%

United States Operations$1.39M+64.0%

Virgin Islands Operations$846K+37.3%

Mortgage Banking-$329K-149%

Treasury And Investments$88K+1,860%

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:OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

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 for credit losses?: First BanCorp (FBP) reported provision for credit losses of $107K in Q1 2026.
How has First BanCorp's provision for credit losses changed year-over-year?: First BanCorp's provision for credit losses increased by 269.8% year-over-year, from -$63K to $107K.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.