FBP

First BanCorp

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Advanced Chart

20.640

+0.25(1.226%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

20.715

Open

20.530

VWAP

20.64

Vol

714.74K

Mkt Cap

3.31B

Low

20.470

Amount

14.75M

EV/EBITDA(TTM)

7.01

Total Shares

166.43M

2.88B

EV/OCF(TTM)

5.73

P/S(TTM)

3.60

First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

262.19M

+5.67%

0.510

+8.51%

260.72M

+7.97%

0.509

+10.75%

256.31M

+9.27%

0.488

+8.4%

Estimates Revision

The market is revising Downward the revenue expectations for First BanCorp. (FBP) for FY2025, with the revenue forecasts being adjusted by -0.58% over the past three months. During the same period, the stock price has changed by 2.79%.

Revenue Estimates for FY2025

Revise Downward

-0.58%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+1.6%

In Past 3 Month

Stock Price

Go Up

+2.79%

In Past 3 Month

3 Analyst Rating

11.43% Upside

Wall Street analysts forecast FBP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBP is 23.00 USD with a low forecast of 22.00 USD and a high forecast of 24.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

0 Hold

0 Sell

Strong Buy

11.43% Upside

Current: 20.640

Low

22.00

Averages

23.00

High

24.00

11.43% Upside

Current: 20.640

Low

22.00

Averages

23.00

High

24.00

BofA

Brandon Berman

Buy

maintain

$22 -> $24

2025-07-13

Reason

BofA

Brandon Berman

Price Target

$22 -> $24

2025-07-13

maintain

Buy

Reason

BofA analyst Brandon Berman raised the firm's price target on First BanCorp to $24 from $22 and keeps a Buy rating on the shares. The firm adjusted regional bank price targets as part of a Q2 earnings preview. A lack of interest rate cuts delay a rebound in growth, but "resilient" earnings, an acceleration in loan growth, and investment banking activity server as catalysts for the stocks, the analyst tells investors in a research note.

Wells Fargo

Timur Braziler

Hold

Buy

Upgrades

$20

2025-04-09

Reason

Wells Fargo

Timur Braziler

Price Target

$20

2025-04-09

Upgrades

Hold

Buy

Reason

Wells Fargo analyst Timur Braziler upgraded First BanCorp to Overweight from Equal Weight with a $20 price target. The firm expects management to re-engage the buyback in Q1/Q2, as the last 3 quarters have been used to pay down debt. First BanCorp is also set to benefit from public funds repricing, as well as the broader economic improvement on the island, Wells adds. The company is the most profitable of the PR banks, generating 18% ROTCE, and the firm expects that profitability to be better reflected in the valuation as management begins repurchasing shares once again.

Keefe, Bruyette & Woods

Kelly Motta

Buy

Maintains

$25 → $26

2025-01-24

Reason

Keefe, Bruyette & Woods

Kelly Motta

Price Target

$25 → $26

2025-01-24

Maintains

Buy

Reason

Keefe Bruyette analyst Kelly Motta raised the firm's price target on First BanCorp to $26 from $25 and keeps an Outperform rating on the shares.

Wells Fargo

Timur Braziler

Hold

Maintains

$22 → $20

2025-01-06

Reason

Wells Fargo

Timur Braziler

Price Target

$22 → $20

2025-01-06

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Kelly Motta

Buy

Maintains

$24 → $25

2024-12-04

Reason

Keefe, Bruyette & Woods

Kelly Motta

Price Target

$24 → $25

2024-12-04

Maintains

Buy

Reason

Wells Fargo

Timur Braziler

Hold

Maintains

$20 → $22

2024-12-03

Reason

Wells Fargo

Timur Braziler

Price Target

$20 → $22

2024-12-03

Maintains

Hold

Reason

Wells Fargo raised the firm's price target on First BanCorp to $22 from $20 and keeps an Equal Weight rating on the shares as part of a broader research note on mid-cap banks. The firm is adjusting its price targets on the sector, reflecting the current environment, also noting that its valuation methodology is now favoring earnings while moving away from tangible book value.

See All Ratings

Valuation Metrics

The current forward P/E ratio for First BanCorp (FBP.N) is 10.02, compared to its 5-year average forward P/E of 9.69. For a more detailed relative valuation and DCF analysis to assess First BanCorp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

9.69

Current PE

10.02

Overvalued PE

10.98

Undervalued PE

8.39

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.85

Current PS

3.13

Overvalued PS

3.31

Undervalued PS

2.39