QQQ   328.11 (+0.83%)
AAPL   142.92 (+2.77%)
MSFT   229.53 (+1.58%)
FB   278.01 (+1.28%)
GOOGL   1,894.28 (+0.09%)
AMZN   3,294.00 (+0.05%)
TSLA   880.80 (+4.03%)
NVDA   546.13 (-0.43%)
BABA   261.38 (+1.07%)
CGC   32.91 (-2.63%)
GE   10.99 (-1.08%)
MU   81.28 (-1.22%)
AMD   94.13 (+1.44%)
NIO   59.99 (-3.16%)
T   29.11 (+0.62%)
F   11.29 (-2.00%)
ACB   10.16 (-4.60%)
BA   203.36 (-1.20%)
DIS   171.89 (-0.52%)
NFLX   556.78 (-1.48%)
GILD   68.16 (+1.82%)
QQQ   328.11 (+0.83%)
AAPL   142.92 (+2.77%)
MSFT   229.53 (+1.58%)
FB   278.01 (+1.28%)
GOOGL   1,894.28 (+0.09%)
AMZN   3,294.00 (+0.05%)
TSLA   880.80 (+4.03%)
NVDA   546.13 (-0.43%)
BABA   261.38 (+1.07%)
CGC   32.91 (-2.63%)
GE   10.99 (-1.08%)
MU   81.28 (-1.22%)
AMD   94.13 (+1.44%)
NIO   59.99 (-3.16%)
T   29.11 (+0.62%)
F   11.29 (-2.00%)
ACB   10.16 (-4.60%)
BA   203.36 (-1.20%)
DIS   171.89 (-0.52%)
NFLX   556.78 (-1.48%)
GILD   68.16 (+1.82%)
QQQ   328.11 (+0.83%)
AAPL   142.92 (+2.77%)
MSFT   229.53 (+1.58%)
FB   278.01 (+1.28%)
GOOGL   1,894.28 (+0.09%)
AMZN   3,294.00 (+0.05%)
TSLA   880.80 (+4.03%)
NVDA   546.13 (-0.43%)
BABA   261.38 (+1.07%)
CGC   32.91 (-2.63%)
GE   10.99 (-1.08%)
MU   81.28 (-1.22%)
AMD   94.13 (+1.44%)
NIO   59.99 (-3.16%)
T   29.11 (+0.62%)
F   11.29 (-2.00%)
ACB   10.16 (-4.60%)
BA   203.36 (-1.20%)
DIS   171.89 (-0.52%)
NFLX   556.78 (-1.48%)
GILD   68.16 (+1.82%)
QQQ   328.11 (+0.83%)
AAPL   142.92 (+2.77%)
MSFT   229.53 (+1.58%)
FB   278.01 (+1.28%)
GOOGL   1,894.28 (+0.09%)
AMZN   3,294.00 (+0.05%)
TSLA   880.80 (+4.03%)
NVDA   546.13 (-0.43%)
BABA   261.38 (+1.07%)
CGC   32.91 (-2.63%)
GE   10.99 (-1.08%)
MU   81.28 (-1.22%)
AMD   94.13 (+1.44%)
NIO   59.99 (-3.16%)
T   29.11 (+0.62%)
F   11.29 (-2.00%)
ACB   10.16 (-4.60%)
BA   203.36 (-1.20%)
DIS   171.89 (-0.52%)
NFLX   556.78 (-1.48%)
GILD   68.16 (+1.82%)
Log in
NYSE:FBP

First BanCorp. Stock Forecast, Price & News

$9.80
-0.26 (-2.58 %)
(As of 01/25/2021 12:00 AM ET)
Add
Compare
Today's Range
$9.57
Now: $9.80
$9.96
50-Day Range
$8.60
MA: $9.41
$10.38
52-Week Range
$3.50
Now: $9.80
$10.46
Volume1.24 million shs
Average Volume1.87 million shs
Market Capitalization$2.14 billion
P/E Ratio25.13
Dividend Yield1.99%
Beta1.43
First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. The company operates in six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial real estate and construction loans, floor plan financing, and cash and business management services. The Mortgage Banking segment is involved in the origination, sale, and servicing of various residential mortgage loan products and related hedging activities; and acquisition and sale of mortgages in the secondary markets. The Consumer (Retail) Banking segment provides auto, boat, and personal loans; credit cards; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); finance leasing and insurance services. The Treasury and Investments segment engages in the treasury and investment management activities, such as funding and liquidity management. The United States Operations segment offers checking, savings, and money market accounts, as well as retail CDs; and residential mortgages, home equity loans, lines of credit, and term loans, as well as Internet banking, cash management, remote data capture, automated clearing house transaction services. The Virgin Islands Operations segment is involved in the consumer, commercial lending, and deposit-taking activities. As of December 31, 2019, the company operated 46 branches in Puerto Rico, 11 branches in the U.S. Virgin Islands and British Virgin Islands, and 10 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in Santurce, Puerto Rico.
First BanCorp. logo

MarketRank

Overall MarketRank

2.24 out of 5 stars

Finance Sector

112th out of 1,930 stocks

State Commercial Banks Industry

19th out of 307 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP31867270
Phone787-729-8200
Employees2,674
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$766.47 million
Cash Flow$0.81 per share
Book Value$10.09 per share

Profitability

Net Income$167.38 million

Miscellaneous

Market Cap$2.14 billion
Next Earnings Date1/29/2021 (Confirmed)
OptionableOptionable
$9.80
-0.26 (-2.58 %)
(As of 01/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive FBP News and Ratings via Email

Sign-up to receive the latest news and ratings for FBP and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











First BanCorp. (NYSE:FBP) Frequently Asked Questions

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

First BanCorp.'s stock was trading at $6.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FBP shares have increased by 62.3% and is now trading at $9.80.
View which stocks have been most impacted by COVID-19
.

Is First BanCorp. a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First BanCorp. in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" First BanCorp. stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBP, but not buy additional shares or sell existing shares.
View analyst ratings for First BanCorp.
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First BanCorp.?

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

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.

When is First BanCorp.'s next earnings date?

First BanCorp. is scheduled to release its next quarterly earnings announcement on Friday, January 29th 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 Friday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First BanCorp.'s earnings last quarter?

First BanCorp. (NYSE:FBP) announced its quarterly earnings data on Wednesday, November, 4th. The bank reported $0.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.02. The bank earned $178.63 million during the quarter, compared to the consensus estimate of $177.11 million. First BanCorp. had a trailing twelve-month return on equity of 3.63% and a net margin of 11.28%. During the same period in the prior year, the business earned $0.20 earnings per share.
View First BanCorp.'s earnings history
.

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

First BanCorp. announced a quarterly dividend on Friday, October 30th. Investors of record on Friday, November 27th will be given a dividend of $0.05 per share on Friday, December 11th. This represents a $0.20 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Wednesday, November 25th.
View First BanCorp.'s dividend history
.

Is First BanCorp. a good dividend stock?

First BanCorp. pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.99%. The dividend payout ratio of First BanCorp. is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First BanCorp. will have a dividend payout ratio of 19.61% next year. This indicates that First BanCorp. will be able to sustain or increase its dividend.
View First BanCorp.'s dividend history.

What price target have analysts set for FBP?

1 equities research analysts have issued twelve-month price targets for First BanCorp.'s shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate First BanCorp.'s stock price to reach $7.00 in the next twelve months. This suggests that the stock has a possible downside of 28.6%.
View analysts' price targets for First BanCorp.
or view Wall Street analyst' top-rated stocks.

Are investors shorting First BanCorp.?

First BanCorp. saw a increase in short interest in December. As of December 31st, there was short interest totaling 4,060,000 shares, an increase of 56.2% from the December 15th total of 2,600,000 shares. Based on an average daily volume of 1,570,000 shares, the short-interest ratio is presently 2.6 days. Currently, 1.9% of the company's shares are short sold.
View First BanCorp.'s Short Interest
.

Who are some of First BanCorp.'s key competitors?

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).

Who are First BanCorp.'s key executives?

First BanCorp.'s management team includes the following people:
  • Mr. Aurelio Alemán-Bermudez, Pres, CEO & Director (Age 61, Pay $1.99M)
  • Mr. Orlando Berges-González CPA, CPA, Exec. VP, CFO & Interim Chief Accounting Officer (Age 62, Pay $988.92k)
  • Mr. Donald L. Kafka, Exec. VP & COO (Age 60, Pay $896.99k)
  • Ms. Nayda Rivera-Batista CPA, Exec. VP & Chief Risk Officer (Age 47, Pay $809.09k)
  • Mr. Calixto García-Vélez, Exec. VP & Florida Region Exec. (Age 52, Pay $944.43k)
  • Mr. John B. Pelling III, Investor Relations Officer & Capital Planning Officer
  • Mr. Lawrence Odell, Exec. VP, Gen. Counsel & Sec. (Age 72)
  • Mr. Cassan A. Pancham, Exec. VP & Bus. Group Exec. (Age 59)
  • Ms. Ginoris López-Lay, Exec. VP & Strategic Management Director (Age 52)
  • Jon P. Swatsburg, Exec. VP of Youth Services (Age 49)

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 shareholders include Frontier Capital Management Co. LLC (2.92%), State of Alaska Department of Revenue (0.08%), Strs Ohio (0.05%) and First Citizens Bank & Trust Co. (0.01%).
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 Frontier Capital Management Co. LLC, State of Alaska Department of Revenue, Strs Ohio, and First Citizens Bank & Trust Co..
View insider buying and selling activity for First BanCorp.
or view top insider-selling 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.

What is First BanCorp.'s stock price today?

One share of FBP stock can currently be purchased for approximately $9.80.

How big of a company is First BanCorp.?

First BanCorp. has a market capitalization of $2.14 billion and generates $766.47 million in revenue each year. The bank earns $167.38 million in net income (profit) each year or $0.75 on an earnings per share basis. First BanCorp. employs 2,674 workers across the globe.

What is First BanCorp.'s official website?

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

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 1/25/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.