Filing Flows › First Bancorp (FBP) › Q2 2026 › vs Q1 2026
First Bancorp (FBP) Q2 2026 vs Q1 2026 (quarter over quarter)
First Bancorp's revenue rose $6.2M (+2%) from $259M in Q1 2026 to $265M in Q2 2026. Operating margin 45.4% against 44.2% (+1.2 pts).
First Bancorp, Q2 2026: revenue $265M (+7% year over year), operating margin 45.4%, net earnings $96.2M, operating cash flow $92.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 45.4% | 44.2% | +1.2 pts |
| Net margin | 36.3% | 34.3% | +2.0 pts |
| Free cash flow margin | 32.9% | 44.8% | -11.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $265M | $259M | $6.2M | +2% |
| Operating profit | $120M | $114M | $5.9M | +5% |
| Costs & expenses | $145M | $144M | $279K | +0.2% |
| Pre-tax earnings | $120M | $114M | $5.9M | +5% |
| Credit loss provision | $17.3M | $17.3M | $60K | +0.3% |
| Noninterest expense | $127M | $127M | $219K | +0.2% |
| Net earnings | $96.2M | $88.8M | $7.4M | +8% |
| Income tax | $24.1M | $25.5M | −$1.4M | -6% |
| Share-based compensation | $2.5M | $3.9M | −$1.4M | -36% |
| Working capital & other | $6.4M | −$28.4M | $34.8M | — |
| Operating cash flow | $92.2M | $121M | −$28.9M | -24% |
| Free cash flow (OCF − capex) | $87.2M | $116M | −$28.7M | -25% |
| Capital expenditures | $5.0M | $5.2M | −$138K | -3% |
Questions
How much did First Bancorp's revenue grow quarter over quarter in Q2 2026?
First Bancorp's revenue rose $6.2M (+2%) from $259M in Q1 2026 to $265M in Q2 2026. Operating margin 45.4% against 44.2% (+1.2 pts).