First Bancorp Puerto Rico (FBP)
NYSE:FBP
Want to see FBP full AI Analyst Report?
FBP Stock Chart & Stats
$23.23
$0.17(0.90%)
At close: 4:00 PM EST
$23.23
$0.17(0.90%)
Day’s Range― - ―
52-Week Range$19.16 - $25.56
Previous CloseN/A
Volume287.58K
Average Volume (3M)1.49M
Market Cap
$3.94B
Enterprise Value$3.45B
Total Cash (Recent Filing)$549.20M
Total Debt (Recent Filing)$290.00M
Price to Earnings (P/E)11.1
Beta0.88
Next Earnings
Jul 28, 2026EPS Estimate
0.54Next Dividend Ex-DateN/A
Dividend Yield3.38%
Share Statistics
EPS (TTM)2.26
Shares Outstanding154,684,360
10 Day Avg. Volume1,322,961
30 Day Avg. Volume1,488,170
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)1.69
Price to Sales (P/S)2.64
P/FCF Ratio7.64
Enterprise Value/Market Cap0.87
Enterprise Value/Revenue2.77
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda7.67
Forecast
1Y Price Target
$26.00Price Target Upside11.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)2.24
Revenue Forecast (FY)$1.08B
Bulls Say, Bears Say
Bulls Say
ProfitabilityFBP shows durable earnings power: record adjusted pre-tax, pre-provision income ($131M) and ROA ~1.89% (17 consecutive quarters >1.5%) indicate consistent core profitability and operating leverage that support cash generation and shareholder distributions over the medium term.
Capital StrengthCapital metrics are conservatively strong, with CET1 near 16.9% and tangible equity cushions that have improved versus 2022–2024. This stronger capital base underpins buybacks/dividends, absorbs credit shocks, and provides strategic flexibility for balance-sheet management over coming quarters.
Margin TailwindsStructural NIM upside exists as ~$600M of low-yield securities mature and are reinvested into higher-yield instruments, supporting net interest income growth and margin expansion across multiple quarters, providing a durable boost to core profitability as long as rate differentials persist.
Bears Say
Loan GrowthRecent slight loan contraction and marked auto/consumer weakness (management cited auto sales declines) show uneven loan origination momentum. If consumer demand remains soft, achieving management's 3%–5% loan growth target could be pressured, limiting sustainable asset growth.
Expense InvestmentsManagement expects elevated outsourced/professional and cloud/AI migration spending for ~18–24 months. Persistent higher operating costs can compress efficiency and margin metrics near term, requiring sustained revenue or cost synergies to preserve medium-term profitability trends.
Share Dilution RiskThe new omnibus incentive plan supports retention and alignment but authorizes up to 5M shares, creating potential dilution over time. Increased share‑based awards can reduce EPS and dilute tangible book value growth unless offset by stronger earnings or disciplined buybacks.
First Bancorp Puerto Rico News
FBP FAQ
What was First Bancorp Puerto Rico’s price range in the past 12 months?
First Bancorp Puerto Rico lowest stock price was $19.16 and its highest was $25.56 in the past 12 months.
What is First Bancorp Puerto Rico’s market cap?
First Bancorp Puerto Rico’s market cap is $3.94B.
When is First Bancorp Puerto Rico’s upcoming earnings report date?
First Bancorp Puerto Rico’s upcoming earnings report date is Jul 28, 2026 which is in 44 days.
How were First Bancorp Puerto Rico’s earnings last quarter?
First Bancorp Puerto Rico released its earnings results on Apr 22, 2026. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.514 by $0.056.
Is First Bancorp Puerto Rico overvalued?
According to Wall Street analysts First Bancorp Puerto Rico’s price is currently Undervalued.
Does First Bancorp Puerto Rico pay dividends?
First Bancorp Puerto Rico pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 3.38%. See more information on First Bancorp Puerto Rico dividends here
What is First Bancorp Puerto Rico’s EPS estimate?
First Bancorp Puerto Rico’s EPS estimate is 0.54.
How many shares outstanding does First Bancorp Puerto Rico have?
First Bancorp Puerto Rico has 154,684,360 shares outstanding.
What happened to First Bancorp Puerto Rico’s price movement after its last earnings report?
First Bancorp Puerto Rico reported an EPS of $0.57 in its last earnings report, beating expectations of $0.514. Following the earnings report the stock price went down -1.539%.
Which hedge fund is a major shareholder of First Bancorp Puerto Rico?
Currently, no hedge funds are holding shares in FBP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Bancorp Puerto Rico Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (11.92% Upside)
$26.00 (11.92% Upside)
Blogger Sentiment
Bullish
FBP Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 652.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $194.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.82%
12-Months-Change
Fundamentals
Return on Equity
18.53%
Trailing 12-Months
Asset Growth
-0.11%
Trailing 12-Months
Company Description
First Bancorp Puerto Rico
First BanCorp., operating as the holding company for FirstBank Puerto Rico, delivers a broad spectrum of financial services to retail, commercial, and institutional clients. The company's operations are structured into six key segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers business financing, including commercial real estate, construction, and floor plan loans, alongside treasury and cash management services. Mortgage Banking handles the origination, sale, and servicing of residential mortgage loans, in addition to acquiring and selling mortgages in secondary markets. The Consumer (Retail) Banking segment provides personal financial products such as auto, boat, credit card, and personal loans, lines of credit, and various deposit accounts like checking, savings, IRAs, and retail CDs, complemented by finance leasing and insurance agency services. The Treasury and Investments segment is responsible for funding and liquidity management. Its United States Operations offer a range of deposit products, including checking, savings, money market accounts, and retail CDs, along with traditional commercial and industrial and commercial real estate loans, and digital services such as internet banking and cash management. Lastly, the Virgin Islands Operations concentrate on consumer and commercial lending as well as deposit-taking activities. First BanCorp. boasts an extensive branch network, comprising 64 locations in Puerto Rico, 8 in the U.S. and British Virgin Islands, and 11 branches in Florida. Established in 1948, the company is headquartered in San Juan, Puerto Rico.
FBP Company Deck
FBP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated multiple clear positives: record adjusted pre-tax pre-provision income, expanded NIM, strong ROA and capital ratios, meaningful share repurchases/dividends, and notable improvements in delinquency and nonperforming assets. Offsetting items included modest loan contraction driven by softer consumer/auto demand, a slightly lower allowance for credit losses with added qualitative reserve for geopolitical risk, a small uptick in net charge-offs, and continued near-term expense pressure from cloud/AI and outsourced tech investments. On balance, the strength in core operating performance, capital returns, credit trends, and cited margin tailwinds outweigh the headwinds.View all FBP earnings summariesFBP Stock 12 Month Forecast
Average Price Target
$26.00
▲(11.92% Upside)
Technical Analysis
Cathay General Bancorp
―
Fulton Financial
―
Independent Bank
―
OFG Bancorp
―
Eastern Bankshares
―
Ownership Overview
2.15% Insiders
32.88% Mutual Funds
8.98% Other Institutional Investors
18.94% Public Companies and
Individual Investors