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

$9.34
-0.32 (-3.31 %)
(As of 08/26/2019 01:32 AM ET)
Today's Range
$9.52
Now: $9.34
$9.68
50-Day Range
$9.34
MA: $10.39
$11.19
52-Week Range
$7.91
Now: $9.34
$11.94
Volume960,824 shs
Average Volume1.29 million shs
Market Capitalization$2.03 billion
P/E Ratio15.06
Dividend Yield1.24%
Beta1.53
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, Consumer (Retail) Banking, Mortgage Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP31867270
Phone787-729-8200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$707.28 million
Cash Flow$0.6596 per share
Book Value$9.74 per share

Profitability

Net Income$201.61 million

Miscellaneous

Employees2,643
Market Cap$2.03 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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First Bancorp (NYSE:FBP) Frequently Asked Questions

What is First Bancorp's stock symbol?

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

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

First Bancorp declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Thursday, August 29th will be paid a dividend of $0.03 per share on Friday, September 13th. This represents a $0.12 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Wednesday, August 28th. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NYSE:FBP) posted its quarterly earnings results on Tuesday, July, 23rd. The bank reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.02. The bank had revenue of $164.77 million for the quarter, compared to analysts' expectations of $169.10 million. First Bancorp had a net margin of 29.83% and a return on equity of 7.73%. During the same quarter in the previous year, the firm earned $0.14 earnings per share. View First Bancorp's Earnings History.

When is First Bancorp's next earnings date?

First Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for First Bancorp.

What price target have analysts set for FBP?

1 Wall Street analysts have issued 12-month price targets for First Bancorp's shares. Their forecasts range from $12.00 to $12.00. On average, they expect First Bancorp's stock price to reach $12.00 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for First Bancorp.

What is the consensus analysts' recommendation for First Bancorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Bancorp.

Has First Bancorp been receiving favorable news coverage?

News headlines about FBP stock have been trending positive on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing 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 positive five, with scores nearest to five being the most favorable. First Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for First Bancorp.

Are investors shorting First Bancorp?

First Bancorp saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,478,600 shares, an increase of 9.8% from the June 30th total of 3,168,100 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.6% of the company's stock are short sold. View First Bancorp's Current Options Chain.

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 Freeport-McMoRan (FCX), General Electric (GE), ANNALY CAP MGMT/SH (NLY), Cypress Semiconductor (CY), Inpixon (INPX), Intel (INTC), CNX Resources (CNX), KeyCorp (KEY), KKR & Co Inc (KKR) and Regions Financial (RF).

Who are First Bancorp's key executives?

First Bancorp's management team includes the folowing people:
  • Mr. Aurelio Alemán-Bermudez, Pres, CEO & Director (Age 60)
  • Mr. Orlando Berges-González CPA, CPA, Exec. VP & CFO (Age 61)
  • Mr. Donald L. Kafka, Exec. VP & COO (Age 59)
  • Ms. Nayda Rivera-Batista CPA, Exec. VP & Chief Risk Officer (Age 46)
  • Mr. Calixto García-Vélez, Exec. VP & Florida Region Exec. (Age 51)

Who are First Bancorp's major shareholders?

First Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.59%), BlackRock Inc. (14.59%), Vanguard Group Inc. (10.73%), Bank of New York Mellon Corp (3.82%), JPMorgan Chase & Co. (2.51%) and APG Asset Management N.V. (1.89%). 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 Vanguard Group Inc., D. E. Shaw & Co. Inc., Stieven Capital Advisors L.P., Prudential Financial Inc., Russell Investments Group Ltd., California Public Employees Retirement System, James Investment Research Inc. and Bank of America Corp DE. View Insider Buying and Selling for First Bancorp.

Which institutional investors are buying First Bancorp stock?

FBP stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Point72 Asset Management L.P., Nuveen Asset Management LLC, Panagora Asset Management Inc., Morgan Stanley, Robeco Institutional Asset Management B.V., Northern Trust Corp and Wells Fargo & Company MN. View Insider Buying and Selling for First Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is First Bancorp's stock price today?

One share of FBP stock can currently be purchased for approximately $9.34.

How big of a company is First Bancorp?

First Bancorp has a market capitalization of $2.03 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.

What is First Bancorp's official website?

The official website for First Bancorp is http://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]


MarketBeat Community Rating for First Bancorp (NYSE FBP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  253 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  510
MarketBeat's community ratings are surveys of what our community members think about First Bancorp and other stocks. Vote "Outperform" if you believe FBP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/26/2019 by MarketBeat.com Staff

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