NYSE:FBP - First Bancorp Stock Price, Forecast & News

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

First Bancorp announced a quarterly dividend on Friday, October 25th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.05 per share on Friday, December 13th. This represents a $0.20 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from First Bancorp's previous quarterly dividend of $0.03. View First Bancorp's Dividend History.

First Bancorp (NYSE:FBP) issued its quarterly earnings data on Tuesday, October, 22nd. The bank reported $0.20 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.01. The bank earned $165.83 million during the quarter, compared to analyst estimates of $171.90 million. First Bancorp had a return on equity of 7.93% and a net margin of 30.46%. During the same period in the previous year, the firm posted $0.16 EPS. View First Bancorp's Earnings History.

First Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for First Bancorp.

Press coverage about FBP stock has been trending somewhat positive on Wednesday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Bancorp earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for First Bancorp.

First Bancorp saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,000,000 shares, a drop of 13.0% from the September 30th total of 2,300,000 shares. Based on an average daily trading volume, of 1,190,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.9% of the shares of the stock are sold short. View First Bancorp's Current Options Chain.

Some companies that are related to First Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Freeport-McMoRan (FCX), General Electric (GE), Cypress Semiconductor (CY), KeyCorp (KEY), KKR & Co Inc (KKR), Regions Financial (RF), Consolidated Communications (CNSL), FireEye (FEYE), Glu Mobile (GLUU) and Groupon (GRPN).

First Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.89%), Millennium Management LLC (2.02%), Point72 Asset Management L.P. (1.51%), Voya Investment Management LLC (0.92%), Parametric Portfolio Associates LLC (0.52%) and Philadelphia Financial Management of San Francisco LLC (0.39%). View Institutional Ownership Trends for First Bancorp.

FBP stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, State Street Corp, Russell Investments Group Ltd., First Trust Advisors LP, Barclays PLC, Parametric Portfolio Associates LLC, SG Americas Securities LLC and Hennessy Advisors Inc.. View Insider Buying and Selling for First Bancorp.

FBP stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., Philadelphia Financial Management of San Francisco LLC, Voya Investment Management LLC, State of New Jersey Common Pension Fund D, Squarepoint Ops LLC, California Public Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FBP stock can currently be purchased for approximately $10.45.

First Bancorp has a market capitalization of $2.27 billion and generates $707.28 million in revenue each year. The bank earns $201.61 million in net income (profit) each year or $0.62 on an earnings per share basis. First Bancorp employs 2,643 workers across the globe.View Additional Information About First Bancorp.

The official website for First Bancorp is http://www.1firstbank.com/.

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]