S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
S&P 500   4,397.94 (-1.89%)
DOW   34,265.37 (-1.30%)
QQQ   351.69 (-2.77%)
AAPL   162.41 (-1.28%)
MSFT   296.03 (-1.85%)
FB   303.17 (-4.23%)
GOOGL   2,607.03 (-2.22%)
AMZN   2,852.86 (-5.95%)
TSLA   943.90 (-5.26%)
NVDA   233.74 (-3.21%)
BABA   123.23 (-5.95%)
NIO   27.35 (-6.11%)
AMD   118.81 (-2.53%)
CGC   7.29 (-3.57%)
MU   81.93 (-3.69%)
GE   96.30 (-1.98%)
T   26.61 (-1.52%)
F   20.65 (-4.62%)
DIS   137.38 (-6.94%)
AMC   17.97 (-0.55%)
PFE   52.79 (-2.33%)
ACB   4.46 (-6.11%)
BA   205.44 (-4.09%)
NYSE:FBP

First BanCorp. Stock Forecast, Price & News

$14.84
-0.43 (-2.82%)
(As of 01/21/2022 04:00 PM ET)
Add
Compare
Today's Range
$14.84
$15.32
50-Day Range
$12.70
$16.39
52-Week Range
$8.88
$16.62
Volume
2.04 million shs
Average Volume
1.64 million shs
Market Capitalization
$3.05 billion
P/E Ratio
12.37
Dividend Yield
2.62%
Beta
1.29
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 First BanCorp. and its competitors with MarketBeat's FREE daily newsletter.


First BanCorp. logo

About First BanCorp.

First BanCorp (Puerto Rico) is a holding company, which engages in the provision of personal, commercial, and corporate banking services through its subsidiaries. It operates through the following segments: Commercial and Corporate Banking, Consumer (Retail) Banking, Mortgage Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment consists of the company's lending and other services for large customers represented by specialized and middle-market clients and the public sector. The Consumer (Retail) Banking segment includes consumer lending and deposit-taking activities conducted mainly through FirstBank's branch network in Puerto Rico. The Mortgage Banking segment focuses on the origination, sale, and servicing of a variety of residential mortgage loan products and related hedging activities. The Treasury and Investments segment deals with treasury and investment management functions. The United States Operations segment represents all banking activities conducted by FirstBank on the United States mainland. The Virgin Islands Operations segment includes all banking activities conducted by FirstBank in

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
31867270
Employees
3,317
Year Founded
N/A

Sales & Book Value

Annual Sales
$804.21 million
Cash Flow
$0.55 per share
Book Value
$10.26 per share

Profitability

Net Income
$102.27 million
Pretax Margin
41.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
200,915,000
Market Cap
$3.05 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Ex-Dividend for 12/10 Dividend
11/24/2021
Dividend Payable
12/10/2021
Today
1/21/2022
Next Earnings (Confirmed)
1/26/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.18 out of 5 stars

Finance Sector

62nd out of 1,353 stocks

State Commercial Banks Industry

8th out of 234 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -












First BanCorp. (NYSE:FBP) Frequently Asked Questions

Is First BanCorp. a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First BanCorp. in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First BanCorp. stock.
View analyst ratings for First BanCorp.
or view top-rated stocks.

How has First BanCorp.'s stock price been impacted by Coronavirus?

First BanCorp.'s stock was trading at $6.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FBP shares have increased by 145.7% and is now trading at $14.84.
View which stocks have been most impacted by COVID-19
.

When is First BanCorp.'s next earnings date?

First BanCorp. is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
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 Wednesday, January 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "590642".

How were First BanCorp.'s earnings last quarter?

First BanCorp. (NYSE:FBP) posted its earnings results on Sunday, October, 24th. The bank reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.06. The bank earned $214.69 million during the quarter, compared to analysts' expectations of $208.92 million. First BanCorp. had a trailing twelve-month return on equity of 12.89% and a net margin of 27.97%. During the same period last year, the firm earned $0.10 EPS.
View First BanCorp.'s earnings history
.

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

First BanCorp. declared a quarterly dividend on Friday, October 22nd. Stockholders of record on Friday, November 26th will be given a dividend of $0.10 per share on Friday, December 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, November 24th. This is a boost from First BanCorp.'s previous quarterly dividend of $0.07.
View First BanCorp.'s dividend history
.

Is First BanCorp. a good dividend stock?

First BanCorp. pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.62%. First BanCorp. does not yet have a strong track record of dividend growth. The dividend payout ratio of First BanCorp. is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First BanCorp. will have a dividend payout ratio of 27.97% 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?

2 Wall Street analysts have issued 12 month price objectives for First BanCorp.'s shares. Their forecasts range from $16.00 to $120.00. On average, they anticipate First BanCorp.'s share price to reach $51.00 in the next year. This suggests a possible upside of 243.7% from the stock's current price.
View analysts' price targets for First BanCorp.
or view top-rated stocks among Wall Street analysts.

Who are First BanCorp.'s key executives?

First BanCorp.'s management team includes the following people:
  • Aurelio Alemán-Bermúdez, President, Chief Executive Officer & Director
  • Donald L. Kafka, Chief Operating Officer & Executive Vice President
  • Orlando Berges-González, Chief Financial Officer & Executive Vice President
  • Nayda Rivera-Batista, Chief Risk Officer & Executive Vice President
  • Sara Álvarez Cabrero, Secretary, Chief Legal Officer & Executive VP

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.

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).

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 number of retail and institutional investors. Top institutional shareholders include Frontier Capital Management Co. LLC (1.95%), Russell Investments Group Ltd. (0.31%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%), Exchange Traded Concepts LLC (0.02%) and Parallel Advisors LLC (0.00%). Company insiders that own First BanCorp. stock include Aurelio Aleman, Daniel Edward Frye, Gonzalez Orlando Berges, John A Heffern, Lawrence Odell, Michael Mcdonald, Nayda Rivera and Patricia Eaves.
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, Parallel Advisors LLC, Cutler Group LP, and Louisiana State Employees Retirement System. Company insiders that have sold First BanCorp. company stock in the last year include Aurelio Aleman, Gonzalez Orlando Berges, Lawrence Odell, Michael Mcdonald, and Nayda Rivera.
View insider buying and selling activity for First BanCorp.
or view top insider-selling stocks.

Which institutional investors are buying First BanCorp. stock?

FBP stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., and Exchange Traded Concepts LLC. Company insiders that have bought First BanCorp. stock in the last two years include Daniel Edward Frye, John A Heffern, and Patricia Eaves.
View insider buying and selling activity for First BanCorp.
or or view top insider-buying 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.
Compare Top Brokerages Here.

What is First BanCorp.'s stock price today?

One share of FBP stock can currently be purchased for approximately $14.84.

How much money does First BanCorp. make?

First BanCorp. has a market capitalization of $3.05 billion and generates $804.21 million in revenue each year. The bank earns $102.27 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does First BanCorp. have?

First BanCorp. employs 3,317 workers across the globe.

What is First BanCorp.'s official website?

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

Where are First BanCorp.'s headquarters?

First BanCorp. is headquartered at 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908.

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, via email at [email protected], or via fax at 787-724-5040.


This page was last updated on 1/21/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.