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FBP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
24.360
Open
24.120
VWAP
24.09
Vol
358.63K
Mkt Cap
3.76B
Low
23.920
Amount
8.64M
EV/EBITDA(TTM)
7.94
Total Shares
154.69M
EV
3.50B
EV/OCF(TTM)
--
P/S(TTM)
4.04
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.
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Events Timeline

(ET)
2026-04-22
07:10:00
First BanCorp Reports Q1 CET1 Capital Ratio at 16.93%
select
2026-02-09 (ET)
2026-02-09
07:10:00
First BanCorp CFO Orlando Berges to Retire in 2026
select

News

seekingalpha
9.5
04-27seekingalpha
First BanCorp Upgraded to Strong Buy Following Q1 Results
  • Earnings Beat: First BanCorp reported a Q1 non-GAAP EPS of $0.57, exceeding expectations by $0.06, with revenue of $258.65 million, reflecting a solid financial performance with a 4.2% year-over-year growth.
  • Robust Loan Growth: Despite softer consumer demand, loan originations grew by 6% year-over-year, and business activity in Puerto Rico remains strong due to reconstruction efforts, onshoring, and expanded U.S. military operations, indicating sustained market demand.
  • Strong Profitability: The bank reported a return on assets (ROA) of 1.9% and a return on tangible common equity (ROTCE) of 18.7%, with expectations for continued earnings growth driven by loan growth, asset/liability repricing, and share repurchases.
  • Price Target Increase: Analysts raised the price target from $26.00 to $27.00, reflecting confidence in the company's future performance, with the average Wall Street analyst rating on the stock standing at Buy.
Newsfilter
8.0
04-22Newsfilter
First BanCorp Declares Quarterly Cash Dividend
  • Quarterly Cash Dividend: First BanCorp has declared a cash dividend of $0.20 per share, payable on June 12, 2026, to shareholders of record as of May 28, 2026, demonstrating the company's ongoing commitment to shareholder returns.
  • Record Date for Shareholders: The record date for the dividend is set for May 28, 2026, ensuring that investors holding shares before this date will receive the dividend, which further enhances investor confidence.
  • Company Background: First BanCorp serves as the parent company of FirstBank Puerto Rico, with operations spanning Puerto Rico, the U.S. Virgin Islands, and Florida, showcasing its extensive influence in the regional financial market.
  • Forward-Looking Statements: The company included forward-looking statements in the press release, highlighting that its ability to pay dividends in the future may be affected by various risks and uncertainties, reminding investors to be aware of potential market fluctuations.
seekingalpha
9.5
04-22seekingalpha
First BanCorp Q1 2026 Earnings Call Highlights
  • Strong Profitability: First BanCorp reported a net income of $89 million for Q1 2026, translating to $0.57 per share, which reflects the company's resilience and improved profitability in the current economic climate, likely boosting investor confidence.
  • Loan and Deposit Dynamics: While total loans slightly declined to $13.1 billion, core deposits increased by 4.9% quarter-over-quarter, indicating the company's success in attracting customer deposits, which may lay the groundwork for future loan growth.
  • Stable Credit Performance: Nonperforming assets reached record low levels, with early-stage delinquency trends declining by 24% from the previous quarter, showcasing the company's effective risk management and potentially enhancing market trust in its credit quality.
  • Capital Return Strategy: The company achieved a net payout of 92% this quarter through $50 million in share repurchases and dividends, demonstrating strong cash flow and commitment to shareholders, which is expected to further attract investor interest.
seekingalpha
9.5
04-22seekingalpha
First BanCorp Q1 Earnings Beat Expectations
  • Earnings Performance: First BanCorp reported a Q1 non-GAAP EPS of $0.57, beating expectations by $0.06, indicating a sustained enhancement in profitability that is likely to positively impact stock prices.
  • Stable Revenue Growth: The company achieved revenue of $258.65 million in Q1, reflecting a 4.2% year-over-year increase, which aligns with market expectations and demonstrates its ability to maintain stable revenue growth in a competitive environment.
  • Credit Loss Provision Changes: The provision for credit losses on loans and finance leases was $17.2 million for Q1, down from $22.4 million in Q4 2025, indicating effective management of credit risk that may bolster investor confidence.
  • Stable Coverage Ratio: As of March 31, 2026, the allowance for credit losses coverage ratio stood at 1.87%, slightly lower than 1.90% on December 31, 2025, reflecting the company's robustness in risk management and potentially laying the groundwork for future loan growth.
NASDAQ.COM
9.5
04-22NASDAQ.COM
First BanCorp Reports Earnings Growth in Q1
  • Earnings Growth: First BanCorp reported Q1 earnings of $88.77 million, translating to $0.57 per share, which is a significant increase from last year's $77.05 million and $0.47 per share, indicating improved profitability.
  • Adjusted Earnings: Excluding items, the adjusted earnings for First BanCorp stood at $88.72 million, with an EPS of $0.57, reflecting a stable performance in its core operations.
  • Revenue Increase: The company's revenue rose by 1.0% year-over-year to $279.84 million, compared to $277.06 million last year, showcasing ongoing growth potential in its business.
  • Positive Market Reaction: The dual growth in earnings and revenue may bolster investor confidence in First BanCorp, potentially leading to a positive impact on the company's stock performance.
Newsfilter
9.5
04-22Newsfilter
First BanCorp Reports Q1 Net Income of $88.8 Million
  • Profitability Improvement: First BanCorp reported a net income of $88.8 million for Q1 2026, translating to $0.57 per diluted share, reflecting a 1.0% increase from $87.1 million in Q4 2025 and a 15.2% rise from $77.1 million in Q1 2025, showcasing the company's consistent performance in revenue generation and expense management.
  • Diversified Revenue Sources: The pre-tax, pre-provision income reached a record high of $131 million in the first quarter, up 2% from the previous quarter and 5% year-over-year, indicating the company's success in diversifying revenue streams and strengthening its position in a competitive market.
  • Improved Loan Quality: Non-performing assets decreased by $5.3 million to $108.8 million, primarily due to a reduction in non-accrual loans in commercial and construction sectors, reflecting effective credit management and risk control strategies that enhance investor confidence.
  • Capital Return Strategy: The company achieved a net payout ratio of 92% during the quarter through share buybacks and dividends, demonstrating its commitment to shareholder returns while maintaining capital ratios above regulatory requirements, ensuring a solid foundation for sustainable long-term growth.
Wall Street analysts forecast FBP stock price to rise
3 Analyst Rating
Wall Street analysts forecast FBP stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
24.00
Averages
24.25
High
24.50
Current: 0.000
sliders
Low
24.00
Averages
24.25
High
24.50
BofA
analyst
Buy
maintain
$24 -> $26
AI Analysis
2026-05-04
New
Reason
BofA
analyst
Price Target
$24 -> $26
AI Analysis
2026-05-04
New
maintain
Buy
Reason
BofA raised the firm's price target on First BanCorp to $26 from $24 and keeps a Buy rating on the shares. Most mid-cap banks maintained 2026 NII/NIM guidance while removing rate cuts from underlying assumptions, underscoring the sensitivity to the flattening yield curve, the analyst tells investors in a research note. The firm added that it still sees downward revision risk to NII from stickier-than-anticipated deposit costs.
Raymond James
Steve Moss
Outperform -> Strong Buy
upgrade
$26 -> $27
2026-04-27
Reason
Raymond James
Steve Moss
Price Target
$26 -> $27
2026-04-27
upgrade
Outperform -> Strong Buy
Reason
Raymond James analyst Steve Moss upgraded First BanCorp to Strong Buy from Outperform with a price target of $27, up from $26. The firm views the company's Q1 report as solid reported solid with net interest margin expansion and "well-controlled" expenses. First BanCorp's valuation will improve over time with continued execution and share repurchases, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for First BanCorp (FBP.N) is 20.75, compared to its 5-year average forward P/E of 10.65. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
10.65
Current PE
20.75
Overvalued PE
13.58
Undervalued PE
7.71

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.61
Current EV/EBITDA
6.33
Overvalued EV/EBITDA
2.94
Undervalued EV/EBITDA
-1.73

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.98
Current PS
3.38
Overvalued PS
3.31
Undervalued PS
2.66

Financials

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Quarterly

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Whales Holding FBP

F
Frontier Capital Management
Holding
FBP
+17.12%
3M Return
V
Verition Fund Management LLC
Holding
FBP
+7.01%
3M Return

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Frequently Asked Questions

What is First BanCorp (FBP) stock price today?

The current price of FBP is 23.99 USD — it has decreased -1.32

What is First BanCorp (FBP)'s business?

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.

What is the price predicton of FBP Stock?

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 is24.25 USD with a low forecast of 24.00 USD and a high forecast of 24.50 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.

What is First BanCorp (FBP)'s revenue for the last quarter?

First BanCorp revenue for the last quarter amounts to 239.36M USD, increased 0.83

What is First BanCorp (FBP)'s earnings per share (EPS) for the last quarter?

First BanCorp. EPS for the last quarter amounts to 0.57 USD, increased 21.28

How many employees does First BanCorp (FBP). have?

First BanCorp (FBP) has 3218 emplpoyees as of May 05 2026.

What is First BanCorp (FBP) market cap?

Today FBP has the market capitalization of 3.76B USD.