• First BanCorp’s third-quarter 2026 net income fell year-over-year to $96.12 million.
• Net interest income declined quarter-over-quarter to $227.53 million, while non-interest income dropped 9% to $32.59 million.
• Credit-loss provisions fell 16% quarter-over-quarter to $14.63 million, mainly due to lower residential mortgage provisions.
• The board authorized a new $350 million stock repurchase program and a 25% increase in the common stock dividend.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First BanCorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202610220700BIZWIRE_USPR_____20261022_BW795932) on October 22, 2026, and is solely responsible for the information contained therein.