tiprankstipranks
Trending News
More News >

Why First Bancorp Puerto Rico Shares Are Slipping

First Bancorp Puerto Rico ( (FBP) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

First Bancorp Puerto Rico’s stock movement is influenced by its strong Q1 2025 financial performance, marked by increased net income and strategic financial maneuvers like redeeming debentures. However, the slight decrease in total loans due to expected commercial repayments and broader economic uncertainties have led analysts to adjust their price targets, reflecting a cautious outlook.

More about First Bancorp Puerto Rico

YTD Price Performance: 6.30%

Average Trading Volume: 1,305,125

Technical Sentiment Signal: Sell

Current Market Cap: $3.19B

For further insights into FBP stock on TipRanks’ Stock Analysis page.

See more of today’s top stock gainers and losers.

Disclaimer & DisclosureReport an Issue