10-Q quarterly report · filed Aug 7, 2026

FIRST BANCORP /PR/ (FBP) Q2 2026 10-Q Quarterly Report

Short answer

FIRST BANCORP /PR/ (FBP) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $265M (up 7.3% year over year) with net income of $96M.

Q2 2026 key financials · XBRL

Revenue
$265M
+7.3% YoY · +2.4% QoQ
Net income
$96M
+19.9% YoY · +8.3% QoQ
EPS (diluted)
$0.62
+24.0% YoY · +8.8% QoQ

Source: XBRL data from the FIRST BANCORP /PR/ (FBP) Q2 2026 10-Q on SEC EDGAR. USD.

FIRST BANCORP /PR/ Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $96.1M vs $80.2M YoY; net interest income $229.1M vs $215.9M
  • GAAP net interest margin 4.87% vs 4.56% YoY; efficiency ratio 48.07% vs 49.97%
  • Best lending growth: commercial and construction loans; quarterly production $1.7B, up $303.6M YoY
  • Cash and liquid securities approximately $2.7B; Q2 capital deployment $81.0M, including $50.0M repurchases
  • Outlook: healthy loan pipelines and full-year loan-growth targets; inflation 3.5% above the 2% target as economic growth moderates

Risk Factors

  • No risk-factors section provided; supplied text covers share repurchases and exhibits
  • Capital-allocation risk: approximately $50.0 million common-stock repurchases during second quarter 2026
  • Liquidity risk: $88,300 thousand remaining under the $200 million repurchase authorization as of June 30, 2026
  • Governance risk: repurchases may be modified, suspended, or terminated at the Corporation’s discretion

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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