First BanCorp.: 3 Key Takeaways for Long-Term Investors

First BanCorp. announced a 25% dividend increase and $350 million share repurchase authorization in Q3 2026, demonstrating strong capital generation. The bank is managing rising deposit costs through investment portfolio repricing and shifting lending focus toward commercial segments, which grew 3.3% annualized. With a strong CET1 ratio of 16.9% and low non-performing assets, management is positioned to expand market share while maintaining profitability.