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First BanCorp FBP Total Interest Expense
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FAQ
- What is First BanCorp's total interest expense?
- First BanCorp (FBP) reported total interest expense of $2.13M in Q2 2026.
- How has First BanCorp's total interest expense changed year-over-year?
- First BanCorp's total interest expense decreased by 42.3% year-over-year, from $3.69M to $2.13M.
- What is the long-term trend for First BanCorp's total interest expense?
- Over 2 years (2021 to 2025), First BanCorp's total interest expense has grown at a -37.0% compound annual growth rate (CAGR), from $41.48M to $16.45M.
- What does total interest expense mean?
- The aggregate cost incurred by the bank for interest-bearing liabilities, including customer deposits, long-term debt, and other wholesale funding sources. This metric represents the primary cost of capital for a financial institution. Monitoring this helps investors assess the bank's cost of funds relative to market interest rate environments.
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