First Bancorp (FBP) Net Margin (2010 - 2026)
First Bancorp's (FBP) quarterly Net Margin came in at 36.3% in Q2 2026, up 382.0% year-over-year from 7.53% in Q2 2025, and up 5.76% quarter-over-quarter from 34.32% in Q1 2026.
Analysis
First Bancorp (FBP) Net Margin (2010 - 2026) Analysis & Trends
First Bancorp (FBP) has reported Net Margin for 17 consecutive years, with 36.3% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 382.0% year-over-year to 36.3% in Q2 2026; TTM through Jun 2026 was 36.19%, a 461.0% increase from a year earlier, with the FY2025 full-year figure at 34.46%, up 262.0% from the prior year.
- Net Margin was 36.3% for Q2 2026 at First Bancorp, up from 34.32% in the prior quarter.
- Over five years, Net Margin peaked at 40.42% in Q3 2025 and troughed at 29.93% in Q2 2023.
- A 5-year average of 33.3% and a median of 32.61% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 752 bps in 2023 and jumped 899 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 31.11% in 2022, then climbed by 11 bps to 34.52% in 2023, then declined by 9 bps to 31.35% in 2024, then increased by 8 bps to 33.87% in 2025, then climbed by 7 bps to 36.3% in 2026.
- The last three Net Margin figures came in at 36.3% (Q2 2026), 34.32% (Q1 2026), and 33.87% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 23.30% |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 24.18% |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 24.27% |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 28.79% |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 24.18% |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 864.86% |
| 10 | First Bancorp | 4.21 Bn | -15.50 Bn | - | 36.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.30% |
| Mar 31, 2026 | 34.32% |
| Dec 31, 2025 | 33.87% |
| Sep 30, 2025 | 40.42% |
| Jun 30, 2025 | 32.49% |
| Mar 31, 2025 | 31.06% |
| Dec 31, 2024 | 31.35% |
| Sep 30, 2024 | 31.43% |
| Jun 30, 2024 | 32.74% |
| Mar 31, 2024 | 31.87% |
| Dec 31, 2023 | 34.52% |
| Sep 30, 2023 | 35.66% |
| Jun 30, 2023 | 29.93% |
| Mar 31, 2023 | 30.29% |
| Dec 31, 2022 | 31.11% |
| Sep 30, 2022 | 31.40% |
| Jun 30, 2022 | 32.89% |
| Mar 31, 2022 | 37.81% |
| Dec 31, 2021 | 34.34% |
| Sep 30, 2021 | 35.23% |