First Bancorp Posts Higher Net Interest Income in Q3 2026
First Bancorp reported rising net interest income of $114.8M in Q3 2026, up from $102.5M a year earlier.
First Bancorp reported third-quarter 2026 net interest income of $114.8 million, a gain of roughly 12 percent compared with $102.5 million in the same period a year ago, according to financial results released by the company.
Total interest income climbed to $154.0 million in the quarter, up from $144.2 million in Q3 2025 and from $148.3 million in the prior quarter, reflecting continued growth in the bank's earning-asset base. Total interest expense, meanwhile, came in at $39.2 million, below the $41.7 million recorded in Q3 2025, suggesting some easing of funding costs year over year even as the figure edged higher sequentially from $37.0 million in Q2 2026.
Read more BancFirst Q3 2026 Net Income Rises to $67.3 Million →
The combination of rising interest income and declining year-over-year funding costs drove the improvement in net interest income, a key profitability metric for banks that measures the spread between what an institution earns on loans and investments versus what it pays depositors and creditors. Analysts broadly watch this figure as a gauge of core lending health.
The results cover the three-month period ending in the third quarter of 2026. Additional detail on credit provisions and per-share figures were included in the company's full financial tables but were not fully enumerated in the initial release summary.
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