Short answer
FIRST BANCORP /PR/ (FBP) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $259M (up 4.2% year over year) with net income of $89M.
Q1 2026 key financials · XBRL
- Revenue
- $259M
- +4.2% YoY
- Net income
- $89M
- +15.2% YoY
- EPS (diluted)
- $0.57
- +21.3% YoY
Source: XBRL data from the FIRST BANCORP /PR/ (FBP) Q1 2026 10-Q on SEC EDGAR. USD.
FIRST BANCORP /PR/ Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $88.8M vs $77.1M YoY; EPS $0.57 vs $0.47
- Net interest income $221.0M vs $212.4M; margin 4.75% vs 4.52%
- Best loan growth: commercial and construction average balances increased $433.3M
- Cash and equivalents decreased with capital deployment; $50.0M repurchases and $31.5M dividends
- Outlook: commercial and residential mortgage growth; consumer credit demand moderation and energy-cost risks
Risk Factors
- No risk-factors section provided; supplied text contains Items 2, 5, and 6 only
- Share-repurchase liquidity risk: approximately $50.0 million repurchased during the first quarter
- Capital-allocation risk: $138,300 thousand remained available under the $200 million repurchase authorization as of March 31, 2026
- Trading-compliance risk: no directors or officers adopted or terminated Rule 10b5-1 arrangements during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other FIRST BANCORP /PR/ quarterly reports
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