FBP

Rising deposit costs are pressuring margins across banking, but FBP's repricing strategy offers a buffer.

Puerto Rican financial institution First BanCorp (NYSE:FBP) missed Wall Street’s revenue expectations in Q3 2026, with sales falling 1.3% year on year to $245.5 million. Its non-GAAP profit of $0.63 per share was 7.1% above analysts’ consensus estimates.

First BanCorp entered this Q3 2026 report with a stock that had drifted only slightly higher over the past month and a 90 day return that was still in decline.

Moby summary of First BanCorp.'s Q3 2026 earnings call

First BanCorp. (NYSE:FBP) reported third-quarter net income of $96.1 million, or $0.63 per share, as stable credit quality and commercial loan growth helped offset softer net interest income, lower non-interest income and higher operating expenses.

Net income held flat as loan growth and cost discipline offset rising deposit costs.

While the top- and bottom-line numbers for First BanCorp (FBP) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Puerto Rican financial institution First BanCorp (NYSE:FBP) missed Wall Street’s revenue expectations in Q3 2026 as sales rose 4.6% year on year to $260.1 million. Its non-GAAP profit of $0.63 per share was 7.1% above analysts’ consensus estimates.

First BanCorp (FBP) delivered earnings and revenue surprises of +8.62% and -3.75%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?

Puerto Rican financial institution First BanCorp (NYSE:FBP) will be announcing earnings results this Thursday morning. Here’s what to look for.