S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
NYSE:FBP

First BanCorp. Stock Forecast, Price & News

$13.42
-0.02 (-0.15 %)
(As of 10/15/2021 12:00 AM ET)
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Today's Range
$13.41
$13.72
50-Day Range
$11.96
$13.69
52-Week Range
$5.93
$13.93
Volume1.24 million shs
Average Volume1.88 million shs
Market Capitalization$2.80 billion
P/E Ratio13.84
Dividend Yield2.08%
Beta1.38
30 days | 90 days | 365 days | Advanced Chart
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About First BanCorp.

First BanCorp (Puerto Rico) is a holding company, which engages in the provision of personal, commercial, and corporate banking services through its subsidiaries. It operates through the following segments: Commercial and Corporate Banking, Consumer (Retail) Banking, Mortgage Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment consists of the company's lending and other services for large customers represented by specialized and middle-market clients and the public sector. The Consumer (Retail) Banking segment includes consumer lending and deposit-taking activities conducted mainly through FirstBank's branch network in Puerto Rico. The Mortgage Banking segment focuses on the origination, sale, and servicing of a variety of residential mortgage loan products and related hedging activities. The Treasury and Investments segment deals with treasury and investment management functions. The United States Operations segment represents all banking activities conducted by FirstBank on the United States mainland. The Virgin Islands Operations segment includes all banking activities conducted by FirstBank in

Headlines

Taper Tantrum Dividend Plays with 56% (More) Upside
October 15, 2021 |  marketbeat.com
Banesco USA CEO Mario Oliva resigns
October 13, 2021 |  bizjournals.com
Short Interest in First BanCorp. (NYSE:FBP) Increases By 30.6%
October 7, 2021 |  americanbankingnews.com
First BanCorp. (NYSE:FBP) Sets New 1-Year High at $13.71
October 4, 2021 |  americanbankingnews.com
First BanCorp. (NYSE:FBP) Shares Gap Up to $12.81
September 28, 2021 |  americanbankingnews.com
First BanCorp. (NYSE:FBP) Hits New 52-Week High at $13.25
September 27, 2021 |  americanbankingnews.com
First BanCorp.: Net Provision Reversals To Drive Earnings
September 8, 2021 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
31867270
Employees
3,317
Year Founded
N/A

Sales & Book Value

Annual Sales
$804.21 million
Cash Flow
$0.66 per share
Book Value
$10.26 per share

Profitability

Net Income
$102.27 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$2.80 billion
Next Earnings Date
10/25/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.27 out of 5 stars

Finance Sector

381st out of 1,333 stocks

State Commercial Banks Industry

68th out of 232 stocks

Analyst Opinion: 0.0Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












First BanCorp. (NYSE:FBP) Frequently Asked Questions

What stocks does MarketBeat like better than First BanCorp.?

Wall Street analysts have given First BanCorp. a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First BanCorp. wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting First BanCorp.?

First BanCorp. saw a decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,240,000 shares, a decrease of 20.4% from the September 15th total of 6,580,000 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 3.1 days. Currently, 2.6% of the company's shares are short sold.
View First BanCorp.'s Short Interest
.

When is First BanCorp.'s next earnings date?

First BanCorp. is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for First BanCorp.
.

How can I listen to First BanCorp.'s earnings call?

First BanCorp. will be holding an earnings conference call on Monday, October 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "721741".

How were First BanCorp.'s earnings last quarter?

First BanCorp. (NYSE:FBP) posted its quarterly earnings data on Thursday, July, 22nd. The bank reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.09. The bank earned $214.67 million during the quarter, compared to analyst estimates of $204.66 million. First BanCorp. had a net margin of 23.52% and a trailing twelve-month return on equity of 10.30%. During the same quarter last year, the firm earned $0.10 EPS.
View First BanCorp.'s earnings history
.

How has First BanCorp.'s stock been impacted by COVID-19?

First BanCorp.'s stock was trading at $6.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FBP stock has increased by 122.2% and is now trading at $13.42.
View which stocks have been most impacted by COVID-19
.

How often does First BanCorp. pay dividends? What is the dividend yield for First BanCorp.?

First BanCorp. declared a quarterly dividend on Thursday, July 29th. Stockholders of record on Thursday, August 26th will be paid a dividend of $0.07 per share on Friday, September 10th. This represents a $0.28 annualized dividend and a yield of 2.09%. The ex-dividend date is Wednesday, August 25th.
View First BanCorp.'s dividend history
.

Is First BanCorp. a good dividend stock?

First BanCorp. pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.08%. First BanCorp. does not yet have a strong track record of dividend growth. The dividend payout ratio of First BanCorp. is 63.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First BanCorp. will have a dividend payout ratio of 20.44% next year. This indicates that First BanCorp. will be able to sustain or increase its dividend.
View First BanCorp.'s dividend history.

Who are First BanCorp.'s key executives?

First BanCorp.'s management team includes the following people:
  • Aurelio Alemán-Bermúdez, President, Chief Executive Officer & Director
  • Donald L. Kafka, Chief Operating Officer & Executive Vice President
  • Orlando Berges-González, Executive VP, Chief Financial & Accounting Officer
  • Nayda Rivera-Batista, Chief Risk Officer & Executive Vice President
  • Sara Álvarez Cabrero, Secretary, Chief Legal Officer & Executive VP

What is Aurelio Alemán's approval rating as First BanCorp.'s CEO?

17 employees have rated First BanCorp. CEO Aurelio Alemán on Glassdoor.com. Aurelio Alemán has an approval rating of 91% among First BanCorp.'s employees. This puts Aurelio Alemán in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First BanCorp. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First BanCorp. investors own include General Electric (GE), Freeport-McMoRan (FCX), Intel (INTC), Huntington Bancshares (HBAN), KeyCorp (KEY), AT&T (T), Energy Transfer (ET), Ford Motor (F), Advanced Micro Devices (AMD) and Bank of America (BAC).

What is First BanCorp.'s stock symbol?

First BanCorp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBP."

Who are First BanCorp.'s major shareholders?

First BanCorp.'s stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.25%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own First BanCorp. stock include Aurelio Aleman, Daniel Edward Frye, Gonzalez Orlando Berges, John A Heffern, Lawrence Odell, Michael Mcdonald and Patricia Eaves.
View institutional ownership trends for First BanCorp.
.

Which institutional investors are selling First BanCorp. stock?

FBP stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., and Crossmark Global Holdings Inc.. Company insiders that have sold First BanCorp. company stock in the last year include Aurelio Aleman, Gonzalez Orlando Berges, Lawrence Odell, and Michael Mcdonald.
View insider buying and selling activity for First BanCorp.
or view top insider-selling stocks.

Which institutional investors are buying First BanCorp. stock?

FBP stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, and State of Alaska Department of Revenue. Company insiders that have bought First BanCorp. stock in the last two years include Daniel Edward Frye, John A Heffern, and Patricia Eaves.
View insider buying and selling activity for First BanCorp.
or or view top insider-buying stocks.

How do I buy shares of First BanCorp.?

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

What is First BanCorp.'s stock price today?

One share of FBP stock can currently be purchased for approximately $13.42.

How much money does First BanCorp. make?

First BanCorp. has a market capitalization of $2.80 billion and generates $804.21 million in revenue each year. The bank earns $102.27 million in net income (profit) each year or $0.44 on an earnings per share basis.

How many employees does First BanCorp. have?

First BanCorp. employs 3,317 workers across the globe.

What is First BanCorp.'s official website?

The official website for First BanCorp. is www.1firstbank.com.

Where are First BanCorp.'s headquarters?

First BanCorp. is headquartered at 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908.

How can I contact First BanCorp.?

First BanCorp.'s mailing address is 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908. The bank can be reached via phone at (787) 729-8200 or via email at [email protected].


This page was last updated on 10/16/2021 by MarketBeat.com Staff

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