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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
24.280
Open
24.180
VWAP
24.12
Vol
785.82K
Mkt Cap
3.73B
Low
23.980
Amount
18.96M
EV/EBITDA(TTM)
7.79
Total Shares
154.68M
EV
3.47B
EV/OCF(TTM)
18.14
P/S(TTM)
3.98
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

Yahoo Finance
9.5
05-23Yahoo Finance
PinnedFidelity Bank Reports Significant Earnings Growth in 2025
  • Significant Revenue Growth: Fidelity Bank reported a 45.6% increase in total revenue for 2025, reaching NGN 1.52 trillion, primarily driven by a 36.6% rise in interest income and a remarkable 138.3% surge in noninterest revenue, showcasing its strong market performance and profitability.
  • Improved Net Interest Margin: The net interest margin improved from 12% in 2024 to 12.3%, reflecting effective asset-liability management, while net interest income rose by 32% year-on-year, laying a solid foundation for future profit growth.
  • Capital Enhancement: The successful private placement raised NGN 227 billion, elevating regulatory capital above the NGN 500 billion threshold, solidifying its status as a Tier 1 bank and boosting market confidence.
  • Expansion Plans: Fidelity Bank plans to establish 2 to 5 new subsidiaries in Africa over the next two years, indicating a strategic focus on growth and diversification aimed at further expanding its market share.
Yahoo Finance
6.0
05-22Yahoo Finance
First BanCorp Stock Rating Upgraded by Analysts
  • Rating Upgrade: Raymond James upgraded First BanCorp's stock rating from 'Outperform' to 'Strong Buy' and raised its price target to $27, reflecting analysts' optimistic outlook on the company's future performance.
  • Target Price Increases: Both BofA Securities and Truist Financial also raised their price targets to $26 while maintaining 'Buy' ratings, indicating increased market confidence in First BanCorp, which could drive further stock price appreciation.
  • Earnings Beat: Truist analysts noted that First BanCorp's recent first-quarter earnings beat expectations was a key factor in their rating upgrade, suggesting the company is consistently improving its financial performance and bolstering investor confidence.
  • Stock Performance: Although the stock price cooled to $24.17 after an initial surge, it still represents a 2.6% increase from the previous close and a 15.6% rise since the beginning of the year, demonstrating the company's stability and growth potential in the market.
Yahoo Finance
2.0
05-17Yahoo Finance
Analysis of Stocks Near Market Highs
  • Golar LNG Performance Concerns: Golar LNG's annual sales have declined by 2.7% over the past five years, indicating unfavorable market trends, and with a share price of $57.36 and a forward P/E of 71.9, investor confidence in its long-term profitability appears shaky.
  • Nabors Industries Financial Strain: Despite a one-month return of 19.2%, Nabors Industries has a gross margin of only 39%, which is below its competitors, limiting its investment capacity in exploration and production, while a mere 2.3% free cash flow margin over the last five years indicates significant funding pressures.
  • First BanCorp Strong Performance: First BanCorp boasts a robust loan portfolio with a net interest margin of 4.6%, and its efficiency ratio has improved by 11 percentage points over the past five years, showcasing its competitive edge, with a current share price of $23.37 and a forward P/B of 1.8.
  • Market Trend Caution: While some stocks exhibit short-term momentum, investors should exercise caution as short-term trends may lead to losses, particularly given the fundamental risks associated with Golar LNG and Nabors Industries.
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.
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
Reason
BofA
analyst
Price Target
$24 -> $26
AI Analysis
2026-05-04
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 10.75. 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
10.75
Current PE
20.75
Overvalued PE
13.88
Undervalued PE
7.62

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
0.68
Current EV/EBITDA
6.31
Overvalued EV/EBITDA
3.09
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
3.36
Overvalued PS
3.31
Undervalued PS
2.66

Financials

AI Analysis
Annual
Quarterly

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Whales Holding FBP

F
Frontier Capital Management
Holding
FBP
+14.59%
3M Return
V
Verition Fund Management LLC
Holding
FBP
+11.63%
3M Return

Trading Trends

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Frequently Asked Questions

What is First BanCorp (FBP) stock price today?

The current price of FBP is 24.11 USD — it has decreased -0.21

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 245.31M USD, increased 3.34

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 25 2026.

What is First BanCorp (FBP) market cap?

Today FBP has the market capitalization of 3.73B USD.