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First BanCorp (FBP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
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First BanCorp (FBP - Free Report) reported $260.12 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.6%. EPS of $0.63 for the same period compares to $0.51 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $270.24 million, representing a surprise of -3.75%. The company delivered an EPS surprise of +8.62%, with the consensus EPS estimate being $0.58.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First BanCorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 50.1% compared to the 47.1% average estimate based on two analysts.
Net charge-offs (annualized) to average loans: 0.6% compared to the 0.7% average estimate based on two analysts.
Net Interest Margin: 4.7% versus the two-analyst average estimate of 5%.
Total Interest-Earning Assets - Average Balance: $19.09 billion versus the two-analyst average estimate of $19.15 billion.
Card and processing income: $12.54 million compared to the $11.86 million average estimate based on two analysts.
Net interest income on a tax-equivalent basis and excluding valuations: $241.9 million versus the two-analyst average estimate of $247.02 million.
Service charges and fees on deposit accounts: $9.84 million versus $9.84 million estimated by two analysts on average.
Total non-interest income: $32.59 million versus $33.15 million estimated by two analysts on average.
Mortgage banking activities: $3.69 million compared to the $3.63 million average estimate based on two analysts.
Shares of First BanCorp have returned +2.4% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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First BanCorp (FBP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
First BanCorp (FBP - Free Report) reported $260.12 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.6%. EPS of $0.63 for the same period compares to $0.51 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $270.24 million, representing a surprise of -3.75%. The company delivered an EPS surprise of +8.62%, with the consensus EPS estimate being $0.58.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First BanCorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for First BanCorp here>>>
Shares of First BanCorp have returned +2.4% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.