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Filing Flows › First Bancorp (FBP) › Q3 2026 › vs Q2 2026

First Bancorp (FBP) Q3 2026 vs Q2 2026 (quarter over quarter)

First Bancorp's revenue fell $4.7M (-2%) from $265M in Q2 2026 to $260M in Q3 2026. The biggest changes: Noninterest income −$3.1M (-9%); Net interest income −$1.6M (-0.7%). Operating margin 44.3% against 45.4% (-1.1 pts).

First Bancorp, Q3 2026: revenue $260M (+5% year over year), operating margin 44.3%, net earnings $96.1M, operating cash flow $105M. The chart draws each line against Q2 2026, the increases inside each band.

First Bancorp: what changed, Q3 2026 vs Q2 2026First Bancorp: what changed, Q3 2026 vs Q2 2026Free cash flow (OCF − capex)$14.0MWorking capital & other$13.0MOperating cash flow$12.8MOperating profit−$4.9MPre-tax earnings−$4.9MIncome tax−$4.9MNoninterest income−$3.1MNoninterest expense$2.9MCredit loss provision−$2.7MNet interest income−$1.6M

Margins

Q3 2026Q2 2026Change
Operating margin44.3%45.4%-1.1 pts
Net margin37.0%36.3%+0.6 pts
Free cash flow margin38.9%32.9%+6.0 pts

Every line

LineQ3 2026Q2 2026Change%
Net interest income$228M$229M−$1.6M-0.7%
Noninterest income$32.6M$35.7M−$3.1M-9%
Revenue$260M$265M−$4.7M-2%
Operating profit$115M$120M−$4.9M-4%
Costs & expenses$145M$145M$198K+0.1%
Pre-tax earnings$115M$120M−$4.9M-4%
Credit loss provision$14.6M$17.3M−$2.7M-16%
Noninterest expense$130M$127M$2.9M+2%
Net earnings$96.1M$96.2M−$39K0%
Income tax$19.1M$24.1M−$4.9M-20%
Share-based compensation$2.3M$2.5M−$183K-7%
Working capital & other$6.6M−$6.4M$13.0M—
Operating cash flow$105M$92.2M$12.8M+14%
Free cash flow (OCF − capex)$101M$87.2M$14.0M+16%
Capital expenditures$3.8M$5.0M−$1.2M-24%

Questions

How much did First Bancorp's revenue grow quarter over quarter in Q3 2026?

First Bancorp's revenue fell $4.7M (-2%) from $265M in Q2 2026 to $260M in Q3 2026.

What drove First Bancorp's revenue change in Q3 2026?

Noninterest income −$3.1M (-9%); Net interest income −$1.6M (-0.7%).

Q3 2026 results → · Compare in the interactive Sankey →