Filing Flows › First Bancorp (FBP) › Q3 2026
First Bancorp (FBP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
First Bancorp (FBP) reported revenue of $260M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -2% from the quarter before. Operating margin was 44.3%, net earnings $96.1M (37.0% of revenue).
First Bancorp, Q3 2026: revenue $260M (+5% year over year), operating margin 44.3%, net earnings $96.1M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $260M | -2% | +5% |
| Operating profit | $115M | -4% | +9% |
| Net earnings | $96.1M | 0% | -4% |
| Operating cash flow | $105M | +14% | -24% |
| Free cash flow | $101M | +16% | -25% |
What changed
Revenue was $260.1M in Q3 2026, up 5% year over year and down 2% from the previous quarter. Net interest income was the largest line at 87% of revenue. Net interest income added $9.6M year over year (up 4%), 84% of the total change.
Operating profit was $115.3M, a 44.3% margin (up 1.6 points year over year). Of the extra revenue versus Q3 2025, 79% reached operating profit, above the 43% margin then. Total costs grew 2% against revenue growth of 5%. Net earnings were $96.1M, down 4% year over year. The effective tax rate was 16.6%.
Operating cash flow was $105.0M (down 24% year over year), 109% of net earnings. Non-cash charges added back $2.3M of share-based compensation. Working capital and other items added $6.6M. Capital expenditures of $3.8M left free cash flow of $101.2M.
Questions
What was First Bancorp's revenue in the third quarter 2026?
First Bancorp (FBP) reported revenue of $260M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -2% from the quarter before.
Was First Bancorp profitable in the third quarter 2026?
Operating profit was $115M (44.3% of revenue) and net earnings $96.1M.
Source: First Bancorp 10-Q on SEC EDGAR.