First Bancorp Sees Full-Year Organic Loan Growth of -3% to 5%
First Bancorp outlined its full-year view: organic loan growth between -3% and 5%, with net interest margin expected to rise 2 to 5 basis points per quarter.
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what happened
According to Reuters, First Bancorp has set out its expectations for the current fiscal year. It expects organic loan growth in a range from -3% to 5%.
The bank also gave guidance for net interest income and margin, with its 2026 baseline assuming an increase of 2 to 5 basis points per quarter.
why it matters
The outlook is moderate and allows for a possible shrinkage of the loan book, which matters to investors in US regional banks tracking lending and margin trends. For the sector as a whole, this is mainly a company-specific update.
market impact
US regional banks: moderate loan and margin outlook serves as a sector reference point, with limited effect on the broader market
tags
instruments
sources
- First Bancorp Sees FY Organic Loan Growth Between -3% To 5% — Reuters, 22 October 2026 at 14:34 UTC
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