First Bancorp (FBP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - First Bancorp reported a revenue of $257.17 million for the quarter ended December 2025, reflecting a year-over-year increase of 6.5% and a surprise of +1.09% over the Zacks Consensus Estimate of $254.4 million [1] - The earnings per share (EPS) for the quarter was $0.55, up from $0.46 in the same quarter last year, resulting in an EPS surprise of +6.8% compared to the consensus estimate of $0.52 [1] Financial Performance Metrics - Efficiency ratio was reported at 49.3%, slightly higher than the estimated 48.7% by analysts [4] - Net Interest Margin stood at 4.7%, below the average estimate of 4.8% [4] - Net charge-offs (annualized) to average loans were at 0.6%, matching the average estimate [4] - Total Interest-Earning Assets - Average Balance was $18.9 billion, lower than the estimated $19.16 billion [4] - Card and processing income reached $12.35 million, exceeding the average estimate of $12.1 million [4] - Mortgage banking activities generated $4.22 million, surpassing the average estimate of $3.3 million [4] - Total non-interest income was reported at $34.4 million, above the average estimate of $31.54 million [4] - Service charges and fees on deposit accounts were $9.86 million, slightly below the average estimate of $9.87 million [4] - Net Interest Income was $222.77 million, exceeding the average estimate of $221.83 million [4] - Net interest income on a tax-equivalent basis and excluding valuations was $232.66 million, above the average estimate of $229.64 million [4] Stock Performance - Over the past month, shares of First Bancorp have returned -0.7%, while the Zacks S&P 500 composite has changed by +0.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]