First BanCorp. (FBP) Stock Price, News & Analysis

Company Overview

First BanCorp (NYSE: FBP) is a financial holding company headquartered in San Juan, Puerto Rico. Through its principal banking subsidiary, FirstBank Puerto Rico, the company offers a comprehensive range of banking services including commercial and consumer lending, deposit products, cash management solutions and treasury services. It also provides mortgage origination and servicing, equipment leasing, investment management, and insurance agency services.

In its commercial banking segment, First BanCorp serves small and midsize enterprises as well as large corporate clients, delivering tailored credit facilities, letters of credit, and foreign trade financing. On the consumer side, the company’s retail network offers checking and savings accounts, residential mortgage loans, personal lines of credit, credit cards and digital banking platforms. The mortgage banking unit extends its geographic reach beyond Puerto Rico by originating and selling U.S. residential mortgage loans.

First BanCorp’s operations span Puerto Rico, the U.S. Virgin Islands and select markets in Florida, where it maintains full-service branches under the FirstBank Florida brand. The company supports local economic development through community lending initiatives, small business outreach programs and affordable housing financing. Its asset management arm provides trust and fiduciary services to individuals, families and institutional clients.

Founded in the mid-20th century and publicly traded on the New York Stock Exchange since 1986, First BanCorp is led by a management team with deep experience in banking and regional markets. Under the leadership of Chairman and Chief Executive Officer José D. Otero, the company continues to focus on customer service, operational efficiency and strategic growth opportunities in its core franchises.

Key Stats

• Today's Range: $21.70 to $22.01
• 50-Day Range: $20.31 to $22.51
• 52-Week Range: $16.40 to $22.60
• Volume: 643,733 shs
• Average Volume: 906,836 shs
• Market Capitalization: $3.49 billion
• P/E Ratio: 11.56
• Dividend Yield: 3.31%
• Price Target: $24.00
• Consensus Rating: Moderate Buy

First BanCorp. Stock Analysis - MarketRank™

First BanCorp. scored higher than 76% of companies evaluated by MarketBeat, and ranked 401st out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First BanCorp. has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

First BanCorp. has a consensus price target of $24.00, representing about 10.5% upside from its current price of $21.73.

Amount of Analyst Coverage

First BanCorp. has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.51%

Earnings Growth

Earnings for First BanCorp. are expected to grow by 13.51% in the coming year, from $1.85 to $2.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First BanCorp. is 11.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of First BanCorp. is 11.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.73.

Price to Earnings Growth Ratio

First BanCorp. has a PEG Ratio of 1.37. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

First BanCorp. has a P/B Ratio of 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.37% of the float of First BanCorp. has been sold short.

Short Interest Ratio / Days to Cover

First BanCorp. has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First BanCorp. has recently increased by 0.27%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

First BanCorp. pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First BanCorp. has been increasing its dividend for 6 years.

Dividend Coverage

The dividend payout ratio of First BanCorp. is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First BanCorp. will have a dividend payout ratio of 34.29% next year. This indicates that First BanCorp. will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.37% of the float of First BanCorp. has been sold short.

Short Interest Ratio / Days to Cover

First BanCorp. has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First BanCorp. has recently increased by 0.27%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.76

News Sentiment

First BanCorp. has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.06 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for First BanCorp. this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for FBP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First BanCorp. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,115,000.00 in company stock.

Percentage Held by Insiders

Only 2.30% of the stock of First BanCorp. is held by insiders.

Percentage Held by Institutions

97.91% of the stock of First BanCorp. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FBP Stock Analysis - Frequently Asked Questions

How have FBP shares performed this year?

First BanCorp.'s stock was trading at $18.59 at the beginning of the year. Since then, FBP shares have increased by 16.9% and is now trading at $21.7250.

How were First BanCorp.'s earnings last quarter?

First BanCorp. (NYSE:FBP) posted its quarterly earnings data on Tuesday, July, 22nd. The bank reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.03. The bank earned $246.81 million during the quarter, compared to analyst estimates of $250.73 million. First BanCorp. had a trailing twelve-month return on equity of 17.54% and a net margin of 24.71%.
Read the conference call transcript.

Who are First BanCorp.'s major shareholders?

First BanCorp.'s top institutional investors include State Street Corp (5.28%), American Century Companies Inc. (4.70%), Alliancebernstein L.P. (2.90%) and Geode Capital Management LLC (2.80%). Insiders that own company stock include Aurelio Aleman, Gonzalez Orlando Berges, Nayda Rivera, Carlos Power, Donald Kafka, Michael Mcdonald, John A Heffern, Crespo Luz and Tracey A Dedrick.
View institutional ownership trends.

How do I buy shares of First BanCorp.?

Shares of FBP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First BanCorp. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First BanCorp. investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 7/22/2025
• Record date for 9/12 Dividend: 8/28/2025
• Ex-Dividend for 9/12 Dividend: 8/28/2025
• Dividend Payable: 9/12/2025
• Today: 9/13/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:FBP
• CIK: 1057706
• Web: www.1firstbank.com
• Phone: (787) 729-8200
• Fax: 787-724-5040
• Employees: 3,113
• Year Founded: 1948

Price Target and Rating

• Average Price Target for First BanCorp.: $24.00
• High Price Target: $26.00
• Low Price Target: $21.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.88
• Trailing P/E Ratio: 11.56
• Forward P/E Ratio: 11.74
• P/E Growth: 1.37
• Net Income: $298.72 million
• Net Margins: 24.71%
• Pretax Margin: 31.88%
• Return on Equity: 17.54%
• Return on Assets: 1.61%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $1.23 billion
• Price / Sales: 2.84
• Cash Flow: $1.99 per share
• Price / Cash Flow: 10.93
• Book Value: $10.19 per share
• Price / Book: 2.13

Miscellaneous

• Outstanding Shares: 160,470,000
• Free Float: 156,779,000
• Market Cap: $3.49 billion
• Optionable: Optionable
• Beta: 0.97