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.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 44.3% | 45.4% | -1.1 pts |
| Net margin | 37.0% | 36.3% | +0.6 pts |
| Free cash flow margin | 38.9% | 32.9% | +6.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| 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 | −$39K | 0% |
| 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%).