First BanCorp. Company Profile (NYSE:FBP)

About First BanCorp.

First BanCorp. logoFirst BanCorp. is a financial holding company. The Company serves as the bank holding company for FirstBank Puerto Rico (the Bank) and FirstBank Insurance Agency, Inc. Its segments include Commercial and Corporate Banking, which consists of its lending and other services for large customers represented by specialized and middle-market clients and the public sector; Consumer (Retail) Banking, which consists of its consumer lending and deposit-taking activities conducted through the Bank's branch network in Puerto Rico; Mortgage Banking, which consists of the origination, sale, securitization and servicing of a range of residential mortgage loan products and hedging activities; Treasury and Investments, which offers treasury and investment management functions; United States Operations, which consists of all banking activities conducted by the Bank on the United States mainland, and Virgin Islands Operations, which consists of all banking activities conducted by the Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Foreign Regional Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: FBP
  • CUSIP: 31867270
Key Metrics:
  • Previous Close: $6.48
  • 50 Day Moving Average: $6.66
  • 200 Day Moving Average: $5.77
  • 52-Week Range: $2.41 - $7.05
  • Trailing P/E Ratio: 15.07
  • Foreward P/E Ratio: 14.40
  • P/E Growth: 1.32
  • Market Cap: $1.38B
  • Outstanding Shares: 213,225,000
  • Beta: 2.11
Profitability:
  • Net Margins: 14.23%
  • Return on Equity: 5.33%
  • Return on Assets: 0.76%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to First BanCorp.:

Analyst Ratings

Consensus Ratings for First BanCorp. (NYSE:FBP) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $6.00 (7.41% downside)

Analysts' Ratings History for First BanCorp. (NYSE:FBP)
Show:
DateFirmActionRatingPrice TargetDetails
2/8/2017Citigroup Inc.Initiated CoverageNeutral$7.00View Rating Details
4/8/2016Piper Jaffray CompaniesInitiated CoverageOverweight$5.00View Rating Details
10/14/2015Keefe, Bruyette & WoodsReiterated RatingBuy$7.75 -> $6.50View Rating Details
8/4/2015Stifel NicolausBoost Price TargetMarket Perform$19.00 -> $20.00View Rating Details
7/27/2015GuggenheimUpgradeNeutral -> Buy$5.50View Rating Details
6/29/2015Bank of America CorpDowngradeBuy -> Neutral$6.50View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for First BanCorp. (NYSE:FBP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
1/26/2017Q416$0.09$0.11$118.97 millionViewN/AView Earnings Details
10/25/2016Q316$0.10$0.11$122.40 millionViewListenView Earnings Details
7/26/2016Q216$0.10$0.10$133.48 millionViewListenView Earnings Details
4/25/2016Q1$0.08$0.11$147.10 millionViewN/AView Earnings Details
1/28/2016Q415$0.09$0.07$126.81 millionViewListenView Earnings Details
10/26/2015Q315$0.09$0.07$134.18 millionViewListenView Earnings Details
7/29/2015Q2$0.11($0.16)$131.10 millionViewListenView Earnings Details
3/16/2015$0.11$0.14ViewN/AView Earnings Details
2/5/2015Q4$0.11$0.12$147.37 millionViewN/AView Earnings Details
10/27/2014Q314$0.11$0.11$139.30 millionViewN/AView Earnings Details
7/29/2014Q413$0.11$0.11$142.63 millionViewN/AView Earnings Details
4/24/2014Q313$0.09$0.08$142.90 millionViewN/AView Earnings Details
2/3/2014Q4 13$0.11$0.07$148.05 millionViewN/AView Earnings Details
10/23/2013Q3 13$0.09$0.09ViewN/AView Earnings Details
7/24/2013Q2 2013$0.09$0.08ViewN/AView Earnings Details
5/3/2013Q1 2013$0.09($0.02)$120.52 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for First BanCorp. (NYSE:FBP)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $0.45 EPS

Dividends

Dividend History for First BanCorp. (NYSE:FBP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for First BanCorp. (NYSE:FBP)
Insider Ownership Percentage: 41.11%
Institutional Ownership Percentage: 84.24%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/5/2016Oaktree Fund Gp, LlcDirectorSell10,350,000$5.36$55,476,000.00View SEC Filing  
11/10/2016Nayda RiveraEVPSell8,085$5.77$46,650.45View SEC Filing  
8/8/2016Cassan PanchamEVPSell5,000$4.62$23,100.00View SEC Filing  
11/13/2015Ginoris Lopez-LayEVPSell10,000$3.88$38,800.00View SEC Filing  
8/1/2014Cassan PanchamEVPSell12,000$5.06$60,720.00View SEC Filing  
9/13/2013H. Lee Advisors (Altern Thomasmajor shareholderSell840,903$6.67$5,608,823.01View SEC Filing  
9/13/2013Michael HarmonDirectorSell840,904$6.67$5,608,829.68View SEC Filing  
8/16/2013H. Lee Advisors (Altern Thomasmajor shareholderSell8,000,000$6.67$53,360,000.00View SEC Filing  
2/26/2013Robert GormleyDirectorBuy10,000$5.42$54,200.00View SEC Filing  
8/16/2012Cortada Jose MenendezDirectorBuy5,000$3.75$18,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for First BanCorp. (NYSE:FBP)
DateHeadline
News IconHot Stocks Among Investors: First Bancorp (FBP), New York Mortgage Trust, Inc. (NYMT) - Post Analyst (NYSE:FBP)
www.postanalyst.com - February 24 at 11:25 AM
News IconTrading Views: Watching Shares of First Bancorp (FBP) - Baxter Review (NYSE:FBP)
baxternewsreview.com - February 23 at 10:09 PM
News IconStock Price of First BanCorp. (FBP) Decreases -1.06% - Highland Mirror (NYSE:FBP)
www.highlandmirror.com - February 23 at 5:09 PM
News IconEarnings Guidance on First BanCorp.(FBP) - Energy Index (NYSE:FBP)
www.energyindexwatch.com - February 23 at 5:09 PM
News IconAnalyst Views And Outlook On Two Stocks: First Bancorp (FBP ... - Post Analyst (NYSE:FBP)
postanalyst.com - February 17 at 3:43 PM
capitalcube.com logoFirst BanCorp (Puerto Rico) breached its 50 day moving average in a Bearish Manner : FBP-US : February 15, 2017 (NYSE:FBP)
www.capitalcube.com - February 16 at 5:05 PM
News IconAnalyst Earnings Estimates Review: First Bancorp (FBP) (NYSE:FBP)
techknowbits.com - February 14 at 6:08 PM
News IconStock On the Run: US Bancorp (NYSE:USB) (NYSE:FBP)
ekosvoice.com - February 13 at 10:59 PM
News IconForward Earnings Estimate of First BanCorp.(FBP) - Highland Mirror (NYSE:FBP)
www.highlandmirror.com - February 10 at 5:43 PM
istreetwire.com logoThree Movers to Watch for: Stillwater Mining Company (SWC), First ... - iStreetWire (NYSE:FBP)
istreetwire.com - February 8 at 5:41 PM
streetinsider.com logoCiti Starts First BanCorp (FBP) at Neutral - StreetInsider.com - StreetInsider.com (NYSE:FBP)
www.streetinsider.com - February 8 at 5:41 PM
finance.yahoo.com logoCoverage initiated on First Bancorp by Citigroup (NYSE:FBP)
finance.yahoo.com - February 8 at 5:41 PM
thestreet.com logo9 Bank Stocks Top Investors Love (NYSE:FBP)
realmoney.thestreet.com - February 8 at 5:41 PM
News IconStock Price of First BanCorp. (FBP) Decreases -2.08% - Highland Mirror (NYSE:FBP)
www.highlandmirror.com - February 8 at 4:21 AM
nasdaq.com logoIs First Bancorp (FBP) a Top Pick for Value Investors? - Nasdaq (NYSE:FBP)
www.nasdaq.com - February 8 at 4:21 AM
us.rd.yahoo.com logoFirst BanCorp. Announces Payment of Dividends on Preferred Stock (NYSE:FBP)
us.rd.yahoo.com - February 7 at 11:21 PM
finance.yahoo.com logoIs First Bancorp (FBP) a Top Pick for Value Investors? (NYSE:FBP)
finance.yahoo.com - February 7 at 6:20 PM
us.rd.yahoo.com logoHoward Marks's Oaktree Buys Texas Oil and Gas Company on Jump in Proved Reserves (NYSE:FBP)
us.rd.yahoo.com - February 7 at 6:20 PM
News IconWhat are analysts Suggestions on: First Bancorp (NYSE:FBP) (NYSE:FBP)
mundoaguaysaneamiento.net - February 4 at 5:15 PM
capitalcube.com logoFirst BanCorp (Puerto Rico) breached its 50 day moving average in a Bearish Manner : FBP-US : February 3, 2017 (NYSE:FBP)
www.capitalcube.com - February 3 at 5:34 PM
capitalcube.com logoETFs with exposure to First BanCorp (Puerto Rico) : February 2, 2017 (NYSE:FBP)
www.capitalcube.com - February 2 at 5:42 PM
streetinsider.com logoFirst Bancorp. (FBP) Reports 20M Common Stock Offering by ... - StreetInsider.com (NYSE:FBP)
www.streetinsider.com - February 1 at 10:48 PM
finance.yahoo.com logo5:02 pm First Bancorp commences 20 mln common stock offering -- 10 mln shares by funds affiliated with Thomas H. Lee Partners and 10 mln by Oaktree Capital (OAK (NYSE:FBP)
finance.yahoo.com - February 1 at 10:47 PM
finance.yahoo.com logoFirst BanCorp. Announces that THL and Oaktree Commence Secondary Offering of 20 Million Shares (NYSE:FBP)
finance.yahoo.com - February 1 at 5:47 PM
capitalcube.com logoFirst BanCorp (Puerto Rico) :FBP-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NYSE:FBP)
www.capitalcube.com - January 31 at 5:49 PM
News IconIs Buying First Bancorp (FBP) Here a Winning Strategy? The Stock Formed Bullish Double Top - The Randolph Guide (NYSE:FBP)
randolphguide.com - January 31 at 4:09 AM
News IconIs Buying First Bancorp (FBP) Here a Winning Strategy? The Stock Formed Bullish Double Top (NYSE:FBP)
randolphguide.com - January 30 at 11:07 PM
News IconAre Analysts Predicting a Near-Term Upswing For First BanCorp. (NYSE:FBP)? - Wall Street Beacon (NYSE:FBP)
wsbeacon.com - January 30 at 5:52 PM
capitalcube.com logoFirst BanCorp (Puerto Rico) :FBP-US: Earnings Analysis: Q4, 2016 By the Numbers : January 30, 2017 (NYSE:FBP)
www.capitalcube.com - January 30 at 12:10 PM
News IconTicker Tracker: Looking at First Bancorp (FBP) - Rives Journal (NYSE:FBP)
rivesjournal.com - January 29 at 10:13 PM
News IconRevenue Update on First Midwest Bancorp Inc(NASDAQ:FMBI) (NYSE:FBP)
xboxonezone.com - January 28 at 5:19 PM
News IconFirst Connecticut Bancorp, Inc. (FBNK) Given $20.42 Consensus Target Price by Brokerages (NYSE:FBP)
perspectivabetica.com - January 28 at 5:19 PM
News IconFirst Bancorp (FBP) Releases Earnings Results, Beats Expectations By $0.02 EPS (NYSE:FBP)
myhealthbowl.com - January 28 at 5:19 PM
News IconInstitutional Activity Declining in Shares of First Bancorp (NYSE:FBP) - Wall Street Beacon (NYSE:FBP)
wsbeacon.com - January 27 at 6:51 PM
finance.yahoo.com logoA Mutual Fund For Special Occasions: A Conversation With Value Fund Manager Tobias Carlisle, Part 1 (NYSE:FBP)
finance.yahoo.com - January 27 at 6:51 PM
us.rd.yahoo.com logo7:06 am First Bancorp beats by $0.02 (NYSE:FBP)
us.rd.yahoo.com - January 27 at 4:35 AM
nasdaq.com logoFirst BanCorp. Q4 Earnings Rise 59% (NYSE:FBP)
www.nasdaq.com - January 26 at 11:34 PM
us.rd.yahoo.com logoFirst BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2016 (NYSE:FBP)
us.rd.yahoo.com - January 26 at 11:34 PM
biz.yahoo.com logoQ4 2016 First Bancorp Earnings Release - Before Market Open (NYSE:FBP)
us.rd.yahoo.com - January 26 at 11:34 PM
finance.yahoo.com logoEdited Transcript of FBP earnings conference call or presentation 26-Jan-17 3:00pm GMT (NYSE:FBP)
finance.yahoo.com - January 26 at 11:34 PM
seekingalpha.com logoFirst BanCorp's (FBP) CEO Aurelio Aleman on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:FBP)
seekingalpha.com - January 26 at 6:33 PM
biz.yahoo.com logoFIRST BANCORP /PR/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi (NYSE:FBP)
biz.yahoo.com - January 26 at 6:33 PM
News IconEarnings in Full Force, Analysts Take Aim at First BanCorp. (NYSE:FBP) - Wall Street Beacon (NYSE:FBP)
wsbeacon.com - January 26 at 4:35 AM
News IconTrading Sheet: Tracking Technicals for First Bancorp (FBP) - Sherwood Daily (NYSE:FBP)
sherwooddaily.com - January 24 at 5:50 PM
seekingalpha.com logoRepublic First Bancorp beats by $0.01 (NYSE:FBP)
seekingalpha.com - January 24 at 2:27 AM
News IconInvestor Focus on Shares of First Bancorp (FBP) - Sherwood Daily (NYSE:FBP)
sherwooddaily.com - January 22 at 5:00 PM
realistinvestor.com logoFirst BanCorp. (NYSE:FBP) Mean Rating At $2 - RealistInvestor.com (NYSE:FBP)
www.realistinvestor.com - January 22 at 5:00 PM
nasdaq.com logoCommit To Buy First Bancorp At $5, Earn 9.9% Annualized Using Options (NYSE:FBP)
www.nasdaq.com - January 20 at 6:26 PM
News IconSorting Out the Technicals on Shares of First Bancorp (FBP) - Sherwood Daily (NYSE:FBP)
sherwooddaily.com - January 19 at 11:48 PM
News IconFirst Bancorp (NYSE:FBP) Closed the Last Trading Session at $6.54 - The Newburgh Press (NYSE:FBP)
newburghpress.com - January 19 at 11:48 PM

Social

What is First BanCorp.'s stock symbol?

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

Where is First BanCorp.'s stock going? Where will First BanCorp.'s stock price be in 2017?

2 brokerages have issued 12-month price objectives for First BanCorp.'s shares. Their forecasts range from $5.00 to $7.00. On average, they anticipate First BanCorp.'s share price to reach $6.00 in the next year.

When will First BanCorp. announce their earnings?

First BanCorp. is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns First BanCorp. stock?

First BanCorp.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include Oaktree Principal Fund V (Delaware), LP (14.50%), Dimensional Fund Advisors LP (3.58%), Frontier Capital Management Co. LLC (3.41%), FMR LLC (3.28%), Hotchkis & Wiley Capital Management LLC (2.58%) and State Street Corp (1.62%). Company insiders that own First BanCorp. stock include Cassan Pancham, Ginoris Lopez-Lay, Nayda Rivera and Oaktree Fund Gp, Llc.

Who sold First BanCorp. stock? Who is selling First BanCorp. stock?

First BanCorp.'s stock was sold by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, FMR LLC, Bogle Investment Management L P DE, Renaissance Technologies LLC, Hotchkis & Wiley Capital Management LLC, Federated Investors Inc. PA, Putnam Investments LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold First BanCorp. stock in the last year include Cassan Pancham, Nayda Rivera and Oaktree Fund Gp, Llc.

Who bought First BanCorp. stock? Who is buying First BanCorp. stock?

First BanCorp.'s stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, AQR Capital Management LLC, Stieven Capital Advisors L.P., State Street Corp, Russell Investments Group Ltd. and Allianz Asset Management AG.

How do I buy First BanCorp. stock?

Shares of First BanCorp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of First BanCorp. stock cost?

One share of First BanCorp. stock can currently be purchased for approximately $6.48.

First BanCorp. (NYSE:FBP) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for First BanCorp. (NYSE:FBP)

Earnings History Chart

Earnings by Quarter for First BanCorp. (NYSE:FBP)

Dividend History Chart

Dividend Payments by Quarter for First BanCorp. (NYSE:FBP)

Last Updated on 2/24/2017 by MarketBeat.com Staff