First BanCorp. (FBP) Projected to Release Earnings on Thursday

Key Points

• First BanCorp. is expected to report Q3 2026 earnings before the market opens on October 22. Analysts forecast earnings of $0.588 per share and revenue of $274.32 million, with a conference call scheduled for 10:00 a.m. ET.
• The bank reported Q2 earnings of $0.62 per share, exceeding estimates of $0.54, while revenue of $264.86 million was slightly below expectations. Analysts project full-year EPS of $2.40 and next-year EPS of $2.61.
• First BanCorp. pays a quarterly dividend of $0.20 per share, equivalent to a 3.0% yield. Wall Street maintains a “Moderate Buy” consensus with an average price target of $29.86, while insiders have sold 46,350 shares over the past three months.

First BanCorp. (NYSE:FBP - Get Free Report) is anticipated to announce its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.5880 per share and revenue of $274.32 million for the quarter. Investors can check the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

First BanCorp. (NYSE:FBP - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The bank reported $0.62 EPS for the quarter, beating the consensus estimate of $0.54 by $0.08. The company had revenue of $264.86 million for the quarter, compared to the consensus estimate of $265.31 million. First BanCorp. had a return on equity of 18.03% and a net margin of 29.24%. On average, analysts expect First BanCorp. to post $2.40 EPS for the current fiscal year and $2.61 EPS for the next fiscal year.

First BanCorp. Stock Performance

FBP opened at $26.70 on Thursday. The business has a fifty day simple moving average of $27.81 and a 200 day simple moving average of $25.97. The company has a market capitalization of $4.08 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 1.02 and a beta of 0.84. First BanCorp. has a 1 year low of $19.16 and a 1 year high of $29.88. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.80 and a quick ratio of 0.80.

First BanCorp. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Thursday, August 27th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, August 27th. This represents a $0.80 annualized dividend and a yield of 3.0%. First BanCorp.'s dividend payout ratio (DPR) is presently 33.76%.

Wall Street Analysts Forecast Growth

FBP has been the subject of a number of research reports. Zacks Research downgraded First BanCorp. from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 23rd. Keefe, Bruyette & Woods increased their target price on shares of First BanCorp. from $27.00 to $31.00 and gave the stock a "market perform" rating in a research report on Thursday, July 23rd. Wells Fargo & Company reduced their target price on First BanCorp. from $33.00 to $32.00 and set an "overweight" rating on the stock in a report on Tuesday, September 29th. Truist Financial upped their price objective on shares of First BanCorp. from $26.00 to $30.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Finally, Benchmark increased their price objective on shares of First BanCorp. from $31.00 to $33.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $29.86.

Insider Activity

In other news, Director Roberto R. Herencia sold 26,350 shares of the firm's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $28.48, for a total value of $750,448.00. Following the sale, the director directly owned 610,669 shares in the company, valued at approximately $17,391,853.12. This trade represents a 4.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nayda Rivera sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $28.19, for a total transaction of $281,900.00. Following the completion of the sale, the executive vice president owned 230,398 shares in the company, valued at approximately $6,494,919.62. The trade was a 4.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 46,350 shares of company stock valued at $1,328,248. Insiders own 1.90% of the company's stock.

About First BanCorp.

First BanCorp. is a financial holding company headquartered in San Juan, Puerto Rico. Through its principal subsidiary, FirstBank Puerto Rico, the company provides a range of banking and financial services to individuals, businesses, and institutions.

FirstBank's offerings include deposit accounts, consumer and commercial lending, residential mortgage loans, credit cards, automobile financing, cash management, online and mobile banking, and investment and trust-related services. The bank also provides insurance services through affiliated operations.

FirstBank serves customers primarily in Puerto Rico and the U.S.

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