First BanCorp. Stock Forecast, Price & News

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.

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

Some companies that are related to First BanCorp. include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Huntington Bancshares (HBAN), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Cullen/Frost Bankers (CFR).
View all of FBP's 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).

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.
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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.