First BanCorp. is a Puerto Rico financial holding company and the bank holding company for FirstBank Puerto Rico. News about FBP commonly centers on quarterly earnings, deposit and loan trends, provision for credit losses, regulatory capital levels, common stock dividends, share repurchases, and credit-rating actions tied to its banking franchise.
The company’s operating activities include consumer banking, mortgage banking, commercial and corporate banking, treasury and investments, United States operations, and Virgin Islands operations, with Puerto Rico representing its primary market. Corporate updates also include annual meeting matters and executive leadership disclosures.
First BanCorp (NYSE: FBP) reported third-quarter 2026 net income of $96.1 million, essentially unchanged sequentially and below the year-earlier quarter. Diluted earnings per share were $0.63, versus $0.62 in the second quarter and $0.63 a year earlier. Net interest income was $227.5 million, down sequentially but above the year-earlier quarter; net interest margin was 4.73%, versus 4.87% and 4.57%, respectively.
Loans increased $108.3 million sequentially to $13.4 billion, and core deposits rose $120.4 million to $13.4 billion. Credit-loss provision declined to $14.6 million, while annualized net charge-offs rose to 0.55% of average loans. Non-interest expenses increased to $130.2 million. The board approved a $350 million repurchase program and a 25% common dividend increase. Capital ratios exceeded regulatory requirements, although cash and the tangible common equity ratio declined sequentially.
First BanCorp (NYSE: FBP) announced board approval of a new stock repurchase program of up to $350 million. The company expects to execute the program throughout 2027, at management’s discretion and subject to market conditions. The authorization is additional to approximately $38.3 million remaining under the program announced on October 22, 2025.
The board also declared a quarterly cash dividend of $0.25 per common share, a 25% increase from the most recent dividend paid in September 2026. Payment is scheduled for December 11, 2026, to shareholders of record at the close of business on November 27, 2026.
First BanCorp (FBP) will release its financial results for the third quarter ended September 30, 2026 before market open on October 22, 2026.
The company will host a conference call and live webcast the same day at 10:00am Eastern Time, accessible via its investor relations website and dial-in numbers +1 833-461-5787 or +1 585-542-9983 using access code 928134866.
First BanCorp (NYSE: FBP) reported Q2 2026 net income of $96.1 million, or $0.62 per diluted share, up from $88.8 million ($0.57) in Q1 2026 and $80.2 million ($0.50) in Q2 2025. Income before taxes was $120.2 million.
Net interest income rose to $229.1 million, with net interest margin improving to 4.87%. Adjusted pre-tax, pre-provision income reached a record $137.5 million. Total loans increased by $168.8 million to $13.3 billion, with loan originations of $1.7 billion, up 21% year over year. Non-interest income was $35.7 million, down from $37.7 million in Q1.
Asset quality metrics included an annualized net charge-off ratio of 0.49% versus 0.65% in Q1, non-performing loans of $94.6 million, and an ACL coverage ratio of 1.85%. Return on average assets was 2.02% and return on average equity 19.49%. The CET1 ratio stood at 16.96% as of June 30, 2026.
First BanCorp (NYSE: FBP) announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend will be payable on September 11, 2026 to shareholders of record as of the close of business on August 27, 2026.
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First BanCorp (NYSE: FBP) plans to release its Q2 2026 financial results before the market opens on July 22, 2026. Management will host a conference call and live webcast at 10:00 a.m. Eastern Time the same day via its investor relations website and dial-in numbers.
First BanCorp (NYSE: FBP) declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026.
First BanCorp (NYSE:FBP) reported Q1 2026 net income of $88.8 million, or $0.57 diluted EPS, up from $77.1 million and $0.47 EPS year‑ago. Return on average assets was 1.89% and adjusted pre-tax, pre-provision income reached $131.4 million. Net interest margin rose to 4.75%. Core deposits grew by $158.5 million; total loans declined to $13.1 billion. The bank repurchased $50.0 million of stock and declared $31.5 million in dividends. Capital ratios remained strong, with CET1 at 16.93%.
First BanCorp (NYSE: FBP) will report first-quarter 2026 results for the period ended March 31, 2026, before the market opens on April 22, 2026. A conference call and live webcast will be held at 10:00 AM ET the same day to discuss the results and host a Q&A for analysts and institutional investors.
Access the live webcast via the investor website at fbpinvestor.com (arrive 15 minutes early). Dial-in numbers: 800-715-9871 or 646-307-1963 (access code 5351564). Telephone replay available through May 22, 2026; webcast archived until April 22, 2027.