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

Company Overview

First BanCorp. (NYSE: FBP) is a financial services holding company headquartered in San Juan, Puerto Rico, offering a broad range of banking and trust services through its principal subsidiary, FirstBank. The company’s core activities include deposit-taking, commercial lending, mortgage origination, and wealth management. Serving both retail and corporate clients, First BanCorp. provides customized financial solutions, including personal checking and savings accounts, residential and commercial real estate loans, and treasury management services for businesses.

Founded in the mid-20th century, First BanCorp. has grown through strategic acquisitions and organic expansion to become one of the largest banking organizations in Puerto Rico. Over the decades, it has diversified its service offerings to include insurance products, escrow and trustee services, and foreign exchange operations. The bank’s commitment to technology innovation is evidenced by its digital banking platform, which offers online and mobile banking, electronic payment solutions, and cybersecurity safeguards for its customers.

First BanCorp. operates primarily in Puerto Rico and the U.S. Virgin Islands, with a presence in select U.S. mainland markets such as Florida. Its regional network of branches and automated teller machines supports both local communities and multinational corporations with international trade and cross-border banking requirements. By leveraging its deep market knowledge and specialized industry expertise, the company addresses sectors such as real estate development, hospitality, healthcare, and government services.

Leadership at First BanCorp. is spearheaded by President and Chief Executive Officer Aurelio Alemán-Bermúdez, who brings extensive experience in banking, risk management, and strategic planning. Under his direction, the company has strengthened its capital position, enhanced operational efficiency, and reinforced its commitment to corporate governance and social responsibility. First BanCorp.’s board of directors and executive team continue to focus on sustainable growth, community development, and delivering long-term value for shareholders and customers.

Key Stats

• Today's Range: $21.61 to $22.11
• 50-Day Range: $19.33 to $21.93
• 52-Week Range: $16.40 to $22.40
• Volume: 1.18 million shs
• Average Volume: 1.11 million shs
• Market Capitalization: $3.55 billion
• P/E Ratio: 11.96
• Dividend Yield: 3.27%
• Price Target: $24.00
• Consensus Rating: Moderate Buy

First BanCorp. Stock Analysis - MarketRank™

First BanCorp. scored higher than 72% of companies evaluated by MarketBeat, and ranked 439th out of 906 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: 1.4 / 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.

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 12.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of First BanCorp. is 12.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.05.

Price to Earnings Growth Ratio

First BanCorp. has a PEG Ratio of 1.47. 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 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.81% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First BanCorp. has recently decreased by 22.97%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

First BanCorp. pays a meaningful dividend of 3.32%, 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 39.13%. 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

1.81% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First BanCorp. has recently decreased by 22.97%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.08

News Sentiment

First BanCorp. has a news sentiment score of 1.08. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for First BanCorp. this week, compared to 4 articles on an average week.

MarketBeat Follows

1 people have added First BanCorp. to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First BanCorp. insiders have not sold or bought any 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 18.9% and is now trading at $22.0950.

How were First BanCorp.'s earnings last quarter?

First BanCorp. (NYSE:FBP) released its quarterly earnings results on Thursday, April, 24th. The bank reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.04. The company's revenue for the quarter was up 7.6% compared to the same quarter last year.
Read the conference call transcript.

Who are First BanCorp.'s major shareholders?

Top institutional shareholders of First BanCorp. include Assenagon Asset Management S.A. (0.20%), Range Financial Group LLC (0.06%), Diversified Trust Co (0.02%) and Financiere des Professionnels Fonds d investissement inc. (0.01%). 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: 4/24/2025
• Record date for 6/13 Dividend: 5/29/2025
• Ex-Dividend for 6/13 Dividend: 5/29/2025
• Dividend Payable: 6/13/2025
• Today: 7/11/2025
• Next Earnings (Estimated): 7/22/2025
• 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: +9.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.84
• Trailing P/E Ratio: 11.96
• Forward P/E Ratio: 11.89
• P/E Growth: 1.47
• Net Income: $298.72 million
• Net Margins: 24.46%
• Pretax Margin: 31.88%
• Return on Equity: 18.22%
• Return on Assets: 1.59%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $921.96 million
• Price / Sales: 3.85
• Cash Flow: $2.04 per share
• Price / Cash Flow: 10.76
• Book Value: $10.19 per share
• Price / Book: 2.16

Miscellaneous

• Outstanding Shares: 161,543,000
• Free Float: 157,828,000
• Market Cap: $3.55 billion
• Optionable: Optionable
• Beta: 0.93