First BanCorp Q2 FY26 net income rises 8.3% to $96.1 million; net interest margin widens 12 percentage points to 4.87% - FBP News | RalliesFirst BanCorp Q2 FY26 net income rises 8.3% to $96.1 million; net interest margin widens 12 percentage points to 4.87%
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FBP• Capital return and balance sheet
- Capital return totaled $81 million, including $50 million of share repurchases and $31 million of common dividends, with CET1 at 16.96%.
Credit metrics and lending activity
- Provision for credit losses was $17.33 million, little changed from Q1, while net charge-offs fell to $16.1 million from $21.1 million.
- Total loans increased by $168.8 million to $13.3 billion, while total loan originations rose 21% year over year to $1.7 billion.
Second-quarter results improve on higher net interest income
- First BanCorp posted Q2 2026 net income of $96.15 million, up 8.3% from Q1 2026, with diluted EPS rising to $0.62.
- Net interest income climbed to from Q1, lifting net interest margin by to .
3.7%
$229.13 million
12 basis points
4.87%
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