First Bancorp

Q2 FY2026 EarningsFBP.US Q2 FY26 results beat consensus across the board, with diluted EPS of $0.62 exceeding the $0.54 mean estimate. Total revenue reached $264.9M, a 14.19% beat against expectations, primarily driven by a robust net interest margin of 4.87% (+31 bps YoY). While non-interest expenses rose to $127.3M due to merit increases, the efficiency ratio improved to 48.07%, reflecting strong operating leverage. Management confirmed healthy loan pipelines, supporting confidence in full-year growth targets.