Operational Excellence And Repurchases Will Support Resilience Amid Narrowing Margins

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Sep 24

Updated

10 Dec 25

Views

32

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

9.8%

7D

5.6%

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1Y

9.8%

7D

5.6%

You can edit this narrative until Dec 11 1:05 AM. Then, changes will post as Updates.

Author's Valuation

US$24.1711.6% undervalued

AnalystConsensusTarget Fair Value

Shared on 10 Dec 25

FBP: Share Repurchases Will Support Future Returns Despite Margin Constraints

Analysts have trimmed their price target on First BanCorp to $24.00 from a prior range of $25.00 to $26.00, citing a more constrained outlook for net interest margin expansion and limited upside given the bank's already strong operating performance. Analyst Commentary Recent Street research reflects a more balanced stance on First BanCorp, with revised price targets converging around $24.00 and modest adjustments to forward earnings expectations.

Shared on 26 Nov 25

FBP: Share Buybacks Will Support Profitability Amid Limited Upside Ahead

Analysts have lowered their price target for First BanCorp to $24 from a previous range of $25 to $26, citing reduced expectations for net interest margin expansion and limited upside given the company's already strong performance. Analyst Commentary Recent analyst updates for First BanCorp reveal a mix of optimism about the company's ongoing execution and caution regarding its future growth prospects.

Shared on 10 Nov 25

Fair value Decreased 0.68%

FBP: Share Buybacks And Profitability Will Drive Potential Upside Ahead

Analysts have slightly lowered their price target for First BanCorp, moving it from $24.33 to $24.17 per share. They cite a more constrained net interest margin outlook and limited upside, given the bank's already strong performance.

Shared on 27 Oct 25

Fair value Decreased 2.67%

First BanCorp’s analyst price target has been reduced slightly from $25 to $24, as analysts now anticipate more constrained net interest margin growth and limited earnings upside. This reflects updated management guidance.

Shared on 08 May 25

Fair value Increased 6.47%

Shared on 30 Apr 25

Fair value Decreased 1.80%

AnalystConsensusTarget has increased revenue growth from 7.5% to 11.0%.

Shared on 23 Apr 25

Fair value Increased 1.44%

AnalystConsensusTarget has decreased shares outstanding growth rate from -0.0% to -0.0%.

Shared on 17 Apr 25

AnalystConsensusTarget has decreased revenue growth from 10.1% to 7.5%.

Shared on 09 Apr 25

Fair value Decreased 0.72%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.06%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 1.39%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Decreased 2.38%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

US$24.17

11.6% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

7.43%

Banks revenue growth rate

0.26%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.96%

Calculation

US$327.57m

Earnings '28

x

12.64x

PE Ratio '28

=

US$4.14b

Market Cap '28

US$4.14b

Market Cap '28

/

140.30m

No. shares '28

=

US$29.51

Share Price '28

US$29.51 Share Price '28

Discounted to 2025 @ 6.96% p.a.

=

US$24.11

Fair Value '25