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

$10.07
+0.23 (+2.34 %)
(As of 06/19/2019 02:50 AM ET)
Today's Range
$9.89
Now: $10.07
$10.22
50-Day Range
$9.84
MA: $10.45
$11.55
52-Week Range
$7.59
Now: $10.07
$11.94
Volume1.08 million shs
Average Volume1.55 million shs
Market Capitalization$2.19 billion
P/E Ratio16.24
Dividend Yield1.22%
Beta1.56
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$0.6897 per share
Book Value$9.25 per share

Profitability

Net Income$201.61 million

Miscellaneous

Employees2,643
Market Cap$2.19 billion
Next Earnings Date7/24/2019 (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 announced a quarterly dividend on Friday, May 17th. Stockholders of record on Thursday, May 30th will be given a dividend of $0.03 per share on Friday, June 14th. This represents a $0.12 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Wednesday, May 29th. View First Bancorp's Dividend History.

How were First Bancorp's earnings last quarter?

First Bancorp (NYSE:FBP) issued its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.18 by $0.01. The bank earned $162.72 million during the quarter, compared to analysts' expectations of $163.50 million. First Bancorp had a return on equity of 7.43% and a net margin of 28.97%. During the same quarter in the prior year, the firm posted $0.15 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 Wednesday, July 24th 2019. View Earnings Estimates for First Bancorp.

What price target have analysts set for FBP?

3 brokerages have issued 1 year price objectives for First Bancorp's shares. Their predictions range from $9.50 to $12.00. On average, they anticipate First Bancorp's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for First Bancorp.

What is the consensus analysts' recommendation for First Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Bancorp.

Has First Bancorp been receiving favorable news coverage?

Headlines about FBP stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. First Bancorp earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for First Bancorp.

Are investors shorting First Bancorp?

First Bancorp saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 2,279,700 shares, a decrease of 22.5% from the April 15th total of 2,943,300 shares. Based on an average trading volume of 1,570,000 shares, the short-interest ratio is currently 1.5 days. Approximately 1.1% of the shares of the 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 General Electric (GE), Freeport-McMoRan (FCX), Intel (INTC), Advanced Micro Devices (AMD), Celgene (CELG), Cypress Semiconductor (CY), Inpixon (INPX), CNX Resources (CNX), KeyCorp (KEY) and KKR & Co Inc (KKR).

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.42%), Frontier Capital Management Co. LLC (4.55%), FMR LLC (2.72%), JPMorgan Chase & Co. (2.52%), Parametric Portfolio Associates LLC (0.56%) and Jacobs Levy Equity Management Inc. (0.50%). View Institutional Ownership Trends for First Bancorp.

Which major 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, BlackRock Inc., JPMorgan Chase & Co., Rock Point Advisors LLC, Penn Capital Management Co. Inc., Penn Capital Management Co. Inc., SG Americas Securities LLC and Dupont Capital Management Corp. View Insider Buying and Selling for First Bancorp.

Which major investors are buying First Bancorp stock?

FBP stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Federated Investors Inc. PA, Jacobs Levy Equity Management Inc., Parametric Portfolio Associates LLC, Emerald Mutual Fund Advisers Trust, James Investment Research Inc., Calamos Advisors LLC and Alps Advisors Inc.. 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 $10.07.

How big of a company is First Bancorp?

First Bancorp has a market capitalization of $2.19 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:  246 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  494
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 6/19/2019 by MarketBeat.com Staff

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