View Financial HealthFirst BanCorp 배당 및 자사주 매입배당 기준 점검 2/6First BanCorp 수익으로 충분히 충당되는 현재 수익률 3.32% 보유한 배당금 지급 회사입니다. 다음 지급일은 12th June, 2026 이며 배당락일은 다음과 같습니다. 28th May, 2026.핵심 정보3.3%배당 수익률5.0%자사주 매입 수익률총 주주 수익률8.3%미래 배당 수익률3.6%배당 성장률25.7%다음 배당 지급일12 Jun 26배당락일28 May 26주당 배당금n/a배당 성향33%최근 배당 및 자사주 매입 업데이트공시 • Apr 23+ 1 more updateFirst Bancorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 12, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026.공시 • Jan 26First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 13, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11% or $0.02 per common share compared to its most recent dividend paid in December 2025. The dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 26, 2026.공시 • Oct 23+ 1 more updateFirst BanCorp. Approves Quarterly Cash Dividend on Outstanding Common Stock, Payable on December 12, 2025First BanCorp. announced that its Board of Directors approved quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 12, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on September 12, 2025 to shareholders of record at the close of business on August 28, 2025.공시 • Jan 22First BanCorp. Announces Quarterly Cash Dividend, Payable on March 7, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025.Declared Dividend • Nov 04Third quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesBoard Change • May 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Patricia Eaves was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 23+ 1 more updateFirst Bancorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 12, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026.공시 • Mar 26First BanCorp., Annual General Meeting, May 06, 2026First BanCorp., Annual General Meeting, May 06, 2026.공시 • Mar 17First BanCorp. to Report Q1, 2026 Results on Apr 22, 2026First BanCorp. announced that they will report Q1, 2026 results Pre-Market on Apr 22, 2026공시 • Feb 10+ 1 more updateFirst Bancorp. Announces Executive ChangesFirst BanCorp. announced that Orlando Berges, Executive Vice President will retire from the Corporation effective June 30, 2026, after close to 17 years of distinguished service. Mr. Berges joined the Corporation in May 2009 and has played a central leadership role in the Corporation’s transformation and long-term strengthening. Throughout his tenure, he led the Finance organization with discipline, transparency, and strategic vision. His contributions were instrumental in recapitalizing the institution and guiding it through its turnaround, adhering to the highest level of financial reporting standards, executing major acquisitions and integrations, enhancing capital planning and balance sheet strength, and contributing to the profitability and stable capital position that characterize FirstBank now. The Corporation also announced that Said Ortiz, currently Senior Vice President and Chief Accounting Officer, has been appointed Executive Vice President, effective July 1, 2026. Mr. Ortiz initially joined the Corporation in 2013 and brings more than 19 years of experience in accounting, auditing, and financial management, including leadership roles at global professional public accounting firms. As a key leader within the Controller’s and Finance divisions, he has played a significant role in strengthening the Corporation’s financial reporting, controls, and accounting functions. His extensive experience and record of performance make him exceptionally well prepared to assume the CFO role. Mr. Berges and Mr. Ortiz will work closely over the coming months to ensure a seamless transition.공시 • Jan 27First BanCorp. Announces Net Charge Off for the Fourth Quarter Ended December 31, 2025First BanCorp. announced net charge off for the fourth quarter ended December 31, 2025. Net charge-offs were $20.4 million for the fourth quarter of 2025, or an annualized 0.63% of average loans, compared to $19.9 million, or an annualized 0.62% of average loans, in the third quarter of 2025. The $0.5 million increase in net charge-offs was driven by a $0.3 million increase in consumer loans and finance leases net charge-offs, mainly in the unsecured loan portfolio, and a $0.3 million recovery associated with a construction loan in the Florida region during the third quarter of 2025.공시 • Jan 26First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 13, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11% or $0.02 per common share compared to its most recent dividend paid in December 2025. The dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 26, 2026.공시 • Dec 23First BanCorp. to Report Q4, 2025 Results on Jan 27, 2026First BanCorp. announced that they will report Q4, 2025 results Pre-Market on Jan 27, 2026공시 • Oct 23+ 1 more updateFirst BanCorp. Approves Quarterly Cash Dividend on Outstanding Common Stock, Payable on December 12, 2025First BanCorp. announced that its Board of Directors approved quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.공시 • Sep 24First BanCorp. to Report Q3, 2025 Results on Oct 23, 2025First BanCorp. announced that they will report Q3, 2025 results on Oct 23, 2025공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 12, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on September 12, 2025 to shareholders of record at the close of business on August 28, 2025.공시 • Jun 19First BanCorp. Announces Executive ChangesFirst BanCorp. announced on June 16, 2025, the corporation announced a strategic reorganization aligned with the Corporation’s corporate succession plan (the strategic reorganization). As part of the Strategic Reorganization, the corporation announced that Mr. Donald Kafka, Executive Vice President and Chief Operating Officer (COO), will retire from his position at the Corporation effective September 15, 2025. In connection with Mr. Kafka’s retirement, the Corporation also announced that Mr. Juan Carlos Pavía, Executive Vice President and Chief Credit Officer, will succeed Mr. Kafka as COO, effective August 1, 2025. As COO, Mr. Pavía will oversee the areas of Banking Operations, Corporate Security, Information Technology, Real Estate, a new Business Transformation Unit, and will also continue to oversee the areas of Credit Risk and Credit Administration. Mr. Kafka will remain an officer of the Corporation and will continue to work closely with Mr. Pavía through September 15, 2025. Mr. Pavía, age 45, joined the Corporation in 2014 as Senior Vice President and Chief Credit Risk Officer. In May 2021, Mr. Pavía was promoted to Executive Vice President and Chief Credit Officer, a position he currently holds. Additionally, Mr. Pavía currently serves on the Board of Managers of the Corporation’s subsidiaries: FB Private Equity Fund LLC, and FB Opportunity Zone Fund LLC, a wholly owned subsidiary of FB Private Equity Fund LLC. Mr. Pavía has over fifteen years of experience within the banking industry, including roles within the credit risk, current expected credit losses, workout, operations and asset-based lending areas. Prior to joining the Corporation, Mr. Pavía held various leadership positions at other financial institutions in Puerto Rico and in the Government of Puerto Rico.공시 • Jun 10First BanCorp. to Report Q2, 2025 Results on Jul 22, 2025First BanCorp. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025공시 • Apr 25+ 1 more updateFirst BanCorp. Announces Net Charge Offs for the First Quarter Ended March 31, 2025First BanCorp. announced net charge offs for the first quarter ended March 31, 2025. The company's net charge-offs were $21.,510 million compared to $11.168 million a year ago.공시 • Apr 11First BanCorp., Annual General Meeting, May 21, 2025First BanCorp., Annual General Meeting, May 21, 2025.공시 • Apr 04First BanCorp. to Report Q1, 2025 Results on Apr 24, 2025First BanCorp. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025공시 • Jan 23First BanCorp. Announces Net Charge Off for the Fourth Quarter Ended December 31, 2024First BanCorp. announced net charge off for the fourth quarter ended December 31, 2024. For the period, Company reported Net charge-offs were $24.6 million or an annualized 0.78% of average loans, compared to $24.0 million, or an annualized 0.78% of average loans, in the third quarter of 2024.공시 • Jan 22First BanCorp. Announces Quarterly Cash Dividend, Payable on March 7, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025.공시 • Jan 09First BanCorp. to Report Q4, 2024 Results on Jan 23, 2025First BanCorp. announced that they will report Q4, 2024 results Pre-Market on Jan 23, 2025Recent Insider Transactions • Nov 12Independent Chairman recently sold €2.1m worth of stockOn the 6th of November, Roberto Herencia sold around 100k shares on-market at roughly €20.67 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Roberto's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €20.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 88% over the past three years.Declared Dividend • Nov 04Third quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Oct 31First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 13, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on December 13, 2024 to shareholders of record at the close of business on November 29, 2024.Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.47 in 3Q 2023)Third quarter 2024 results: EPS: US$0.45 (down from US$0.47 in 3Q 2023). Revenue: US$219.3m (down 2.8% from 3Q 2023). Net income: US$73.7m (down 10% from 3Q 2023). Profit margin: 34% (down from 36% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.공시 • Oct 23First BanCorp. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024First BanCorp. announced net charge-offs for the third quarter ended September 30, 2024. For the quarter, the company reported net charge-offs of $24,006,000 against $14,086,000 a year ago.New Risk • Oct 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€3.9m sold).공시 • Oct 01First BanCorp. to Report Q3, 2024 Results on Oct 23, 2024First BanCorp. announced that they will report Q3, 2024 results Pre-Market on Oct 23, 2024Upcoming Dividend • Aug 22Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.5%).Declared Dividend • Jul 29Second quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 3.7% over the next year, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Jul 26Executive VP & COO recently sold €1.0m worth of stockOn the 24th of July, Donald Kafka sold around 50k shares on-market at roughly €20.10 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Donald has been a net seller over the last 12 months, reducing personal holdings by €2.0m.Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: US$0.46 (vs US$0.40 in 2Q 2023)Second quarter 2024 results: EPS: US$0.46 (up from US$0.40 in 2Q 2023). Revenue: US$220.1m (up 4.7% from 2Q 2023). Net income: US$75.8m (up 7.3% from 2Q 2023). Profit margin: 35% (in line with 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 23+ 2 more updatesFirst BanCorp. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024First BanCorp. reported net charge offs for the second quarter ended June 30, 2024. for the quarter, the company reported net charge-offs of $20,990,000 compared to $19,279,000 year ago.공시 • Jun 19First BanCorp. to Report Q2, 2024 Results on Jul 23, 2024First BanCorp. announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024Upcoming Dividend • May 23Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.3%).Recent Insider Transactions • May 05Executive VP & CFO recently sold €1.3m worth of stockOn the 1st of May, Orlando Berges-González sold around 75k shares on-market at roughly €16.78 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Orlando's only on-market trade for the last 12 months.Declared Dividend • Apr 29First quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 30th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 40% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 3.3% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Apr 27First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 14, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on June 14, 2024 to shareholders of record at the close of business on May 30, 2024.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.39 in 1Q 2023)First quarter 2024 results: EPS: US$0.44 (up from US$0.39 in 1Q 2023). Revenue: US$218.3m (flat on 1Q 2023). Net income: US$73.5m (up 3.9% from 1Q 2023). Profit margin: 34% (up from 32% in 1Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year.공시 • Apr 23First BanCorp. Announces Net Charge Offs for the Quarter Ended March 31, 2024First BanCorp. announced net charge offs for the quarter ended March 31, 2024. Net charge-offs were $11.2 million for the first quarter of 2024, or an annualized 0.37% of average loans, compared to $20.8 million, or an annualized 0.69% of average loans, in the fourth quarter of 2023.공시 • Apr 09First BanCorp., Annual General Meeting, May 23, 2024First BanCorp., Annual General Meeting, May 23, 2024, at 10:00 Atlantic Standard Time. Agenda: To consider the election of the nine directors named in the accompanying Proxy Statement; to consider and approve on a non-binding basis the 2023 compensation of First BanCorp’s named executive officers; to consider and to ratify the appointment of Crowe LLP as independent registered public accounting firm for our 2024 fiscal year; and to consider other matters.공시 • Apr 03First BanCorp. to Report Q1, 2024 Results on Apr 23, 2024First BanCorp. announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024Recent Insider Transactions • Mar 08President recently sold €790k worth of stockOn the 5th of March, Aurelio Aleman-Bermudez sold around 50k shares on-market at roughly €15.80 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €921k. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €1.5m.Reported Earnings • Mar 04Full year 2023 earnings released: EPS: US$1.72 (vs US$1.60 in FY 2022)Full year 2023 results: EPS: US$1.72. Revenue: US$863.3m (down 3.1% from FY 2022). Net income: US$302.9m (flat on FY 2022). Profit margin: 35% (in line with FY 2022). Net interest margin (NIM): 4.33% (up from 4.29% in FY 2022). Cost-to-income ratio: 50.7% (up from 48.3% in FY 2022). Non-performing loans: 0.69% (down from 0.78% in FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe.Upcoming Dividend • Feb 15Upcoming dividend of US$0.16 per share at 3.4% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 March 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.7%).Declared Dividend • Feb 12Fourth quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 22nd February 2024 Payment date: 8th March 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (31% forecast payout ratio). The dividend has increased by an average of 36% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 6.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 09First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 8, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023. The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024. The increased quarterly dividend level equates to an annualized dividend rate of $0.64 per common share.Reported Earnings • Jan 25Full year 2023 earnings released: EPS: US$1.72 (vs US$1.60 in FY 2022)Full year 2023 results: EPS: US$1.72. Revenue: US$868.9m (down 2.4% from FY 2022). Net income: US$302.9m (flat on FY 2022). Profit margin: 35% (in line with FY 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe.공시 • Jan 24First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2023First BanCorp. reported net charge-off for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $20,747,000 compared to $13,046,000 a year ago.공시 • Jan 09First BanCorp. to Report Q4, 2023 Results on Jan 24, 2024First BanCorp. announced that they will report Q4, 2023 results Pre-Market on Jan 24, 2024Recent Insider Transactions • Dec 08Executive VP & COO recently sold €951k worth of stockOn the 5th of December, Donald Kafka sold around 65k shares on-market at roughly €14.62 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Donald's only on-market trade for the last 12 months.Upcoming Dividend • Nov 15Upcoming dividend of US$0.14 per share at 3.7% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%).공시 • Nov 01First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 8, 2023First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share on its outstanding common stock. The dividend is payable on December 8, 2023 to shareholders of record at the close of business on November 24, 2023.Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Patricia Eaves was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.40 in 3Q 2022)Third quarter 2023 results: EPS: US$0.47 (up from US$0.40 in 3Q 2022). Revenue: US$225.6m (up 1.7% from 3Q 2022). Net income: US$82.0m (up 9.9% from 3Q 2022). Profit margin: 36% (up from 34% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 32% per year.공시 • Oct 06First BanCorp. to Report Q3, 2023 Results on Oct 20, 2023First BanCorp. announced that they will report Q3, 2023 results Pre-Market on Oct 20, 2023Upcoming Dividend • Aug 16Upcoming dividend of US$0.14 per share at 3.8% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%).공시 • Jul 29First BanCorp. Reports Net Charge Off for the Second Quarter Ended June 30, 2023First BanCorp. reported net charge off for the second quarter ended June 30, 2023. For the quarter, the company reported Net charge-offs of $19.279 million against $5.960 million a year ago.Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.38 in 2Q 2022)Second quarter 2023 results: EPS: US$0.40. Revenue: US$212.3m (down 2.2% from 2Q 2022). Net income: US$70.7m (down 5.4% from 2Q 2022). Profit margin: 33% (down from 34% in 2Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Banks industry in Europe.공시 • Jul 25+ 1 more updateFirst BanCorp. (NYSE:FBP) announces an Equity Buyback for $225 million worth of its shares.First BanCorp. (NYSE:FBP) announces a share repurchase program. Under the program, the company will repurchase up to $225 million worth of its shares. The repurchased shares are expected to be held as treasury shares. The company expects to execute the program through the end of the 3rd quarter of 2024.공시 • Jul 08First BanCorp. to Report Q2, 2023 Results on Jul 27, 2023First BanCorp. announced that they will report Q2, 2023 results on Jul 27, 2023Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 155% over the past three years.Upcoming Dividend • May 17Upcoming dividend of US$0.14 per share at 5.1% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%).Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.39 (vs US$0.42 in 1Q 2022)First quarter 2023 results: EPS: US$0.39 (down from US$0.42 in 1Q 2022). Revenue: US$217.9m (down 6.2% from 1Q 2022). Net income: US$70.7m (down 14% from 1Q 2022). Profit margin: 32% (down from 36% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 16Upcoming dividend of US$0.14 per share at 3.9% yieldEligible shareholders must have bought the stock before 23 February 2023. Payment date: 10 March 2023. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%).공시 • Feb 10First BanCorp. Declares Quarterly Cash Dividend, Payable on March 10, 2023First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share, which represents an increase of 17% or $0.02 per common share compared to its most recent dividend paid in December 2022. The dividend is payable on March 10, 2023 to shareholders of record at the close of business on February 24, 2023.Reported Earnings • Jan 29Full year 2022 earnings released: EPS: US$1.60 (vs US$1.32 in FY 2021)Full year 2022 results: EPS: US$1.60 (up from US$1.32 in FY 2021). Revenue: US$890.7m (down 2.8% from FY 2021). Net income: US$305.1m (up 10.0% from FY 2021). Profit margin: 34% (up from 30% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Jan 28First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2022First BanCorp. reported net charge-off for the fourth quarter ended December 31, 2022. Net charge-offs were $13.0 million for the fourth quarter of 2022 compared to $8.6 million in the third quarter of 2022.공시 • Jan 11First BanCorp. to Report Q4, 2022 Results on Jan 27, 2023First BanCorp. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 27, 2023Recent Insider Transactions • Nov 16President recently sold €608k worth of stockOn the 9th of November, Aurelio Alemán-Bermudez sold around 40k shares on-market at roughly €15.21 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €2.5m.Recent Insider Transactions • Nov 11President recently sold €608k worth of stockOn the 9th of November, Aurelio Alemán-Bermudez sold around 40k shares on-market at roughly €15.21 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €2.5m.공시 • Oct 29First BanCorp. Declares Quarterly Cash Dividend on Its Outstanding Common Stock, Payable on December 9, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend is payable on December 9, 2022 to shareholders of record at the close of business on November 25, 2022.Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: US$0.40 (vs US$0.36 in 3Q 2021)Third quarter 2022 results: EPS: US$0.40. Revenue: US$221.8m (down 2.2% from 3Q 2021). Net income: US$74.6m (flat on 3Q 2021). Profit margin: 34% (in line with 3Q 2021). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe.공시 • Oct 05First BanCorp. to Report Q3, 2022 Results on Oct 25, 2022First BanCorp. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2022Upcoming Dividend • Aug 17Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.5%).Recent Insider Transactions • Aug 13Executive VP & CFO recently sold €755k worth of stockOn the 10th of August, Orlando Berges-González sold around 50k shares on-market at roughly €15.11 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. This was Orlando's only on-market trade for the last 12 months.Recent Insider Transactions • Jul 29Executive VP & Chief Risk Officer recently sold €442k worth of stockOn the 27th of July, Nayda Rivera-Batista sold around 30k shares on-market at roughly €14.74 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months.Reported Earnings • Jul 23Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.33 in 2Q 2021)Second quarter 2022 results: EPS: US$0.38 (up from US$0.33 in 2Q 2021). Revenue: US$217.1m (down 9.8% from 2Q 2021). Net income: US$74.7m (up 6.9% from 2Q 2021). Profit margin: 34% (up from 29% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 6.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • Jul 23First BanCorp. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022First BanCorp. reported net charge-offs for the second quarter ended June 30, 2022. For the quarter, the company reported net charge-offs of $5,960,000 against $7,676,000 a year ago.공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 9, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend is payable on September 9, 2022 to shareholders of record at the close of business on August 25, 2022.공시 • Jul 07First BanCorp. to Report Q2, 2022 Results on Jul 22, 2022First BanCorp. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Jul 22, 2022Recent Insider Transactions • May 20Independent Chairman recently sold €1.3m worth of stockOn the 17th of May, Roberto Herencia sold around 100k shares on-market at roughly €13.40 per share. This was the largest sale by an insider in the last 3 months. This was Roberto's only on-market trade for the last 12 months.Upcoming Dividend • May 17Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (6.6%).Reported Earnings • Apr 29First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$232.3m (up 4.4% from 1Q 2021). Net income: US$82.6m (up 37% from 1Q 2021). Profit margin: 36% (up from 27% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is expected to shrink by 1.5% compared to a 8.5% growth forecast for the industry in Germany.공시 • Apr 28+ 1 more updateFirst BanCorp. Declares Quarterly Cash Dividend, Payable on June 10, 2022First BanCorp. announced the declaration of quarterly cash dividend of $0.12 per share, which represents an increase of 20% or $0.02 per common share compared to its most recent dividend paid in March 2022. The dividend is payable on June 10, 2022 to shareholders of record at the close of business on May 25, 2022.공시 • Apr 09First BanCorp. to Report Q1, 2022 Results on Apr 28, 2022First BanCorp. announced that they will report Q1, 2022 results Pre-Market on Apr 28, 2022공시 • Apr 06First BanCorp., Annual General Meeting, May 20, 2022First BanCorp., Annual General Meeting, May 20, 2022, at 10:00 Atlantic Standard Time. Agenda: To elect the nine (9) directors named in the accompanying Proxy Statement; to approve on a non-binding basis the 2021 compensation of First BanCorp's named executive officers (the NEOs"); to ratify the appointment of Crowe LLP as our independent registered public accounting firm for our 2022 fiscal year; and to discuss other matters (if any).Upcoming Dividend • Feb 17Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 11 March 2022. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.3%).Recent Insider Transactions • Feb 13Executive VP & Chief Risk Officer recently sold €265k worth of stockOn the 8th of February, Nayda Rivera-Batista sold around 20k shares on-market at roughly €13.27 per share. In the last 3 months, there was an even bigger sale from another insider worth €845k. Insiders have been net sellers, collectively disposing of €5.2m more than they bought in the last 12 months.공시 • Feb 11First BanCorp Declares Quarterly Cash Dividend, Payable on March 11, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend is payable on March 11, 2022 to shareholders of record at the close of business on February 25, 2022.예정된 배당 지급오늘May 24 2026배당락일May 28 2026배당 지급일Jun 12 202615 days (배당락일 기준)다음 배당금을 받으려면 앞으로 3 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, OLWN 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: OLWN 의 배당금 지급이 증가했지만 회사는 8 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장First BanCorp 배당 수익률 vs 시장OLWN의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (OLWN)3.3%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Banks)4.7%분석가 예측 (OLWN) (최대 3년)3.6%주목할만한 배당금: OLWN 의 배당금( 3.32% )은 German 시장에서 배당금 지급자의 하위 25%( 1.54% )보다 높습니다.고배당: OLWN 의 배당금( 3.32% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.현재 주주 배당수익 보장: 합리적으로 낮은 지불 비율 ( 32.8% )로 OLWN 의 배당금 지급은 수익으로 충분히 충당됩니다.향후 주주 배당미래 배당 보장: 3년 안에 배당금이 지급될 것인지, 아니면 수익으로 충당될 것인지를 판단하기에는 데이터가 부족합니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:11종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스First BanCorp.는 12명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Brandon BermanBofA Global ResearchJoseph GladueB. Riley Securities, Inc.Michael DianaCantor Fitzgerald & Co.9명의 분석가 더 보기
공시 • Apr 23+ 1 more updateFirst Bancorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 12, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026.
공시 • Jan 26First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 13, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11% or $0.02 per common share compared to its most recent dividend paid in December 2025. The dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 26, 2026.
공시 • Oct 23+ 1 more updateFirst BanCorp. Approves Quarterly Cash Dividend on Outstanding Common Stock, Payable on December 12, 2025First BanCorp. announced that its Board of Directors approved quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.
공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 12, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on September 12, 2025 to shareholders of record at the close of business on August 28, 2025.
공시 • Jan 22First BanCorp. Announces Quarterly Cash Dividend, Payable on March 7, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025.
Declared Dividend • Nov 04Third quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Board Change • May 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Director Patricia Eaves was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 23+ 1 more updateFirst Bancorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 12, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is payable on June 12, 2026 to shareholders of record at the close of business on May 28, 2026.
공시 • Mar 26First BanCorp., Annual General Meeting, May 06, 2026First BanCorp., Annual General Meeting, May 06, 2026.
공시 • Mar 17First BanCorp. to Report Q1, 2026 Results on Apr 22, 2026First BanCorp. announced that they will report Q1, 2026 results Pre-Market on Apr 22, 2026
공시 • Feb 10+ 1 more updateFirst Bancorp. Announces Executive ChangesFirst BanCorp. announced that Orlando Berges, Executive Vice President will retire from the Corporation effective June 30, 2026, after close to 17 years of distinguished service. Mr. Berges joined the Corporation in May 2009 and has played a central leadership role in the Corporation’s transformation and long-term strengthening. Throughout his tenure, he led the Finance organization with discipline, transparency, and strategic vision. His contributions were instrumental in recapitalizing the institution and guiding it through its turnaround, adhering to the highest level of financial reporting standards, executing major acquisitions and integrations, enhancing capital planning and balance sheet strength, and contributing to the profitability and stable capital position that characterize FirstBank now. The Corporation also announced that Said Ortiz, currently Senior Vice President and Chief Accounting Officer, has been appointed Executive Vice President, effective July 1, 2026. Mr. Ortiz initially joined the Corporation in 2013 and brings more than 19 years of experience in accounting, auditing, and financial management, including leadership roles at global professional public accounting firms. As a key leader within the Controller’s and Finance divisions, he has played a significant role in strengthening the Corporation’s financial reporting, controls, and accounting functions. His extensive experience and record of performance make him exceptionally well prepared to assume the CFO role. Mr. Berges and Mr. Ortiz will work closely over the coming months to ensure a seamless transition.
공시 • Jan 27First BanCorp. Announces Net Charge Off for the Fourth Quarter Ended December 31, 2025First BanCorp. announced net charge off for the fourth quarter ended December 31, 2025. Net charge-offs were $20.4 million for the fourth quarter of 2025, or an annualized 0.63% of average loans, compared to $19.9 million, or an annualized 0.62% of average loans, in the third quarter of 2025. The $0.5 million increase in net charge-offs was driven by a $0.3 million increase in consumer loans and finance leases net charge-offs, mainly in the unsecured loan portfolio, and a $0.3 million recovery associated with a construction loan in the Florida region during the third quarter of 2025.
공시 • Jan 26First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 13, 2026First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, which represents an increase of 11% or $0.02 per common share compared to its most recent dividend paid in December 2025. The dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 26, 2026.
공시 • Dec 23First BanCorp. to Report Q4, 2025 Results on Jan 27, 2026First BanCorp. announced that they will report Q4, 2025 results Pre-Market on Jan 27, 2026
공시 • Oct 23+ 1 more updateFirst BanCorp. Approves Quarterly Cash Dividend on Outstanding Common Stock, Payable on December 12, 2025First BanCorp. announced that its Board of Directors approved quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on December 12, 2025 to shareholders of record at the close of business on November 28, 2025.
공시 • Sep 24First BanCorp. to Report Q3, 2025 Results on Oct 23, 2025First BanCorp. announced that they will report Q3, 2025 results on Oct 23, 2025
공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 12, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on its outstanding common stock. The dividend is payable on September 12, 2025 to shareholders of record at the close of business on August 28, 2025.
공시 • Jun 19First BanCorp. Announces Executive ChangesFirst BanCorp. announced on June 16, 2025, the corporation announced a strategic reorganization aligned with the Corporation’s corporate succession plan (the strategic reorganization). As part of the Strategic Reorganization, the corporation announced that Mr. Donald Kafka, Executive Vice President and Chief Operating Officer (COO), will retire from his position at the Corporation effective September 15, 2025. In connection with Mr. Kafka’s retirement, the Corporation also announced that Mr. Juan Carlos Pavía, Executive Vice President and Chief Credit Officer, will succeed Mr. Kafka as COO, effective August 1, 2025. As COO, Mr. Pavía will oversee the areas of Banking Operations, Corporate Security, Information Technology, Real Estate, a new Business Transformation Unit, and will also continue to oversee the areas of Credit Risk and Credit Administration. Mr. Kafka will remain an officer of the Corporation and will continue to work closely with Mr. Pavía through September 15, 2025. Mr. Pavía, age 45, joined the Corporation in 2014 as Senior Vice President and Chief Credit Risk Officer. In May 2021, Mr. Pavía was promoted to Executive Vice President and Chief Credit Officer, a position he currently holds. Additionally, Mr. Pavía currently serves on the Board of Managers of the Corporation’s subsidiaries: FB Private Equity Fund LLC, and FB Opportunity Zone Fund LLC, a wholly owned subsidiary of FB Private Equity Fund LLC. Mr. Pavía has over fifteen years of experience within the banking industry, including roles within the credit risk, current expected credit losses, workout, operations and asset-based lending areas. Prior to joining the Corporation, Mr. Pavía held various leadership positions at other financial institutions in Puerto Rico and in the Government of Puerto Rico.
공시 • Jun 10First BanCorp. to Report Q2, 2025 Results on Jul 22, 2025First BanCorp. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025
공시 • Apr 25+ 1 more updateFirst BanCorp. Announces Net Charge Offs for the First Quarter Ended March 31, 2025First BanCorp. announced net charge offs for the first quarter ended March 31, 2025. The company's net charge-offs were $21.,510 million compared to $11.168 million a year ago.
공시 • Apr 11First BanCorp., Annual General Meeting, May 21, 2025First BanCorp., Annual General Meeting, May 21, 2025.
공시 • Apr 04First BanCorp. to Report Q1, 2025 Results on Apr 24, 2025First BanCorp. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025
공시 • Jan 23First BanCorp. Announces Net Charge Off for the Fourth Quarter Ended December 31, 2024First BanCorp. announced net charge off for the fourth quarter ended December 31, 2024. For the period, Company reported Net charge-offs were $24.6 million or an annualized 0.78% of average loans, compared to $24.0 million, or an annualized 0.78% of average loans, in the third quarter of 2024.
공시 • Jan 22First BanCorp. Announces Quarterly Cash Dividend, Payable on March 7, 2025First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025.
공시 • Jan 09First BanCorp. to Report Q4, 2024 Results on Jan 23, 2025First BanCorp. announced that they will report Q4, 2024 results Pre-Market on Jan 23, 2025
Recent Insider Transactions • Nov 12Independent Chairman recently sold €2.1m worth of stockOn the 6th of November, Roberto Herencia sold around 100k shares on-market at roughly €20.67 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Roberto's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €20.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 88% over the past three years.
Declared Dividend • Nov 04Third quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (34% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 31First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 13, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on December 13, 2024 to shareholders of record at the close of business on November 29, 2024.
Reported Earnings • Oct 24Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.47 in 3Q 2023)Third quarter 2024 results: EPS: US$0.45 (down from US$0.47 in 3Q 2023). Revenue: US$219.3m (down 2.8% from 3Q 2023). Net income: US$73.7m (down 10% from 3Q 2023). Profit margin: 34% (down from 36% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.
공시 • Oct 23First BanCorp. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024First BanCorp. announced net charge-offs for the third quarter ended September 30, 2024. For the quarter, the company reported net charge-offs of $24,006,000 against $14,086,000 a year ago.
New Risk • Oct 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€3.9m sold).
공시 • Oct 01First BanCorp. to Report Q3, 2024 Results on Oct 23, 2024First BanCorp. announced that they will report Q3, 2024 results Pre-Market on Oct 23, 2024
Upcoming Dividend • Aug 22Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.5%).
Declared Dividend • Jul 29Second quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 32% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 3.7% over the next year, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Jul 26Executive VP & COO recently sold €1.0m worth of stockOn the 24th of July, Donald Kafka sold around 50k shares on-market at roughly €20.10 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Donald has been a net seller over the last 12 months, reducing personal holdings by €2.0m.
Reported Earnings • Jul 24Second quarter 2024 earnings released: EPS: US$0.46 (vs US$0.40 in 2Q 2023)Second quarter 2024 results: EPS: US$0.46 (up from US$0.40 in 2Q 2023). Revenue: US$220.1m (up 4.7% from 2Q 2023). Net income: US$75.8m (up 7.3% from 2Q 2023). Profit margin: 35% (in line with 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 23+ 2 more updatesFirst BanCorp. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024First BanCorp. reported net charge offs for the second quarter ended June 30, 2024. for the quarter, the company reported net charge-offs of $20,990,000 compared to $19,279,000 year ago.
공시 • Jun 19First BanCorp. to Report Q2, 2024 Results on Jul 23, 2024First BanCorp. announced that they will report Q2, 2024 results Pre-Market on Jul 23, 2024
Upcoming Dividend • May 23Upcoming dividend of US$0.16 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (6.3%).
Recent Insider Transactions • May 05Executive VP & CFO recently sold €1.3m worth of stockOn the 1st of May, Orlando Berges-González sold around 75k shares on-market at roughly €16.78 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Orlando's only on-market trade for the last 12 months.
Declared Dividend • Apr 29First quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 30th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.4%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 40% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 3.3% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 27First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 14, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on June 14, 2024 to shareholders of record at the close of business on May 30, 2024.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.39 in 1Q 2023)First quarter 2024 results: EPS: US$0.44 (up from US$0.39 in 1Q 2023). Revenue: US$218.3m (flat on 1Q 2023). Net income: US$73.5m (up 3.9% from 1Q 2023). Profit margin: 34% (up from 32% in 1Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year.
공시 • Apr 23First BanCorp. Announces Net Charge Offs for the Quarter Ended March 31, 2024First BanCorp. announced net charge offs for the quarter ended March 31, 2024. Net charge-offs were $11.2 million for the first quarter of 2024, or an annualized 0.37% of average loans, compared to $20.8 million, or an annualized 0.69% of average loans, in the fourth quarter of 2023.
공시 • Apr 09First BanCorp., Annual General Meeting, May 23, 2024First BanCorp., Annual General Meeting, May 23, 2024, at 10:00 Atlantic Standard Time. Agenda: To consider the election of the nine directors named in the accompanying Proxy Statement; to consider and approve on a non-binding basis the 2023 compensation of First BanCorp’s named executive officers; to consider and to ratify the appointment of Crowe LLP as independent registered public accounting firm for our 2024 fiscal year; and to consider other matters.
공시 • Apr 03First BanCorp. to Report Q1, 2024 Results on Apr 23, 2024First BanCorp. announced that they will report Q1, 2024 results Pre-Market on Apr 23, 2024
Recent Insider Transactions • Mar 08President recently sold €790k worth of stockOn the 5th of March, Aurelio Aleman-Bermudez sold around 50k shares on-market at roughly €15.80 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €921k. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €1.5m.
Reported Earnings • Mar 04Full year 2023 earnings released: EPS: US$1.72 (vs US$1.60 in FY 2022)Full year 2023 results: EPS: US$1.72. Revenue: US$863.3m (down 3.1% from FY 2022). Net income: US$302.9m (flat on FY 2022). Profit margin: 35% (in line with FY 2022). Net interest margin (NIM): 4.33% (up from 4.29% in FY 2022). Cost-to-income ratio: 50.7% (up from 48.3% in FY 2022). Non-performing loans: 0.69% (down from 0.78% in FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe.
Upcoming Dividend • Feb 15Upcoming dividend of US$0.16 per share at 3.4% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 08 March 2024. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.7%).
Declared Dividend • Feb 12Fourth quarter dividend of US$0.16 announcedShareholders will receive a dividend of US$0.16. Ex-date: 22nd February 2024 Payment date: 8th March 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (31% forecast payout ratio). The dividend has increased by an average of 36% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 6.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 09First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 8, 2024First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023. The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024. The increased quarterly dividend level equates to an annualized dividend rate of $0.64 per common share.
Reported Earnings • Jan 25Full year 2023 earnings released: EPS: US$1.72 (vs US$1.60 in FY 2022)Full year 2023 results: EPS: US$1.72. Revenue: US$868.9m (down 2.4% from FY 2022). Net income: US$302.9m (flat on FY 2022). Profit margin: 35% (in line with FY 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe.
공시 • Jan 24First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2023First BanCorp. reported net charge-off for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $20,747,000 compared to $13,046,000 a year ago.
공시 • Jan 09First BanCorp. to Report Q4, 2023 Results on Jan 24, 2024First BanCorp. announced that they will report Q4, 2023 results Pre-Market on Jan 24, 2024
Recent Insider Transactions • Dec 08Executive VP & COO recently sold €951k worth of stockOn the 5th of December, Donald Kafka sold around 65k shares on-market at roughly €14.62 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Donald's only on-market trade for the last 12 months.
Upcoming Dividend • Nov 15Upcoming dividend of US$0.14 per share at 3.7% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.4%).
공시 • Nov 01First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 8, 2023First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share on its outstanding common stock. The dividend is payable on December 8, 2023 to shareholders of record at the close of business on November 24, 2023.
Board Change • Nov 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Patricia Eaves was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 21Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.40 in 3Q 2022)Third quarter 2023 results: EPS: US$0.47 (up from US$0.40 in 3Q 2022). Revenue: US$225.6m (up 1.7% from 3Q 2022). Net income: US$82.0m (up 9.9% from 3Q 2022). Profit margin: 36% (up from 34% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 32% per year.
공시 • Oct 06First BanCorp. to Report Q3, 2023 Results on Oct 20, 2023First BanCorp. announced that they will report Q3, 2023 results Pre-Market on Oct 20, 2023
Upcoming Dividend • Aug 16Upcoming dividend of US$0.14 per share at 3.8% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.0%).
공시 • Jul 29First BanCorp. Reports Net Charge Off for the Second Quarter Ended June 30, 2023First BanCorp. reported net charge off for the second quarter ended June 30, 2023. For the quarter, the company reported Net charge-offs of $19.279 million against $5.960 million a year ago.
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.40 (vs US$0.38 in 2Q 2022)Second quarter 2023 results: EPS: US$0.40. Revenue: US$212.3m (down 2.2% from 2Q 2022). Net income: US$70.7m (down 5.4% from 2Q 2022). Profit margin: 33% (down from 34% in 2Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Banks industry in Europe.
공시 • Jul 25+ 1 more updateFirst BanCorp. (NYSE:FBP) announces an Equity Buyback for $225 million worth of its shares.First BanCorp. (NYSE:FBP) announces a share repurchase program. Under the program, the company will repurchase up to $225 million worth of its shares. The repurchased shares are expected to be held as treasury shares. The company expects to execute the program through the end of the 3rd quarter of 2024.
공시 • Jul 08First BanCorp. to Report Q2, 2023 Results on Jul 27, 2023First BanCorp. announced that they will report Q2, 2023 results on Jul 27, 2023
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 155% over the past three years.
Upcoming Dividend • May 17Upcoming dividend of US$0.14 per share at 5.1% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%).
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.39 (vs US$0.42 in 1Q 2022)First quarter 2023 results: EPS: US$0.39 (down from US$0.42 in 1Q 2022). Revenue: US$217.9m (down 6.2% from 1Q 2022). Net income: US$70.7m (down 14% from 1Q 2022). Profit margin: 32% (down from 36% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 16Upcoming dividend of US$0.14 per share at 3.9% yieldEligible shareholders must have bought the stock before 23 February 2023. Payment date: 10 March 2023. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.3%).
공시 • Feb 10First BanCorp. Declares Quarterly Cash Dividend, Payable on March 10, 2023First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per share, which represents an increase of 17% or $0.02 per common share compared to its most recent dividend paid in December 2022. The dividend is payable on March 10, 2023 to shareholders of record at the close of business on February 24, 2023.
Reported Earnings • Jan 29Full year 2022 earnings released: EPS: US$1.60 (vs US$1.32 in FY 2021)Full year 2022 results: EPS: US$1.60 (up from US$1.32 in FY 2021). Revenue: US$890.7m (down 2.8% from FY 2021). Net income: US$305.1m (up 10.0% from FY 2021). Profit margin: 34% (up from 30% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Jan 28First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2022First BanCorp. reported net charge-off for the fourth quarter ended December 31, 2022. Net charge-offs were $13.0 million for the fourth quarter of 2022 compared to $8.6 million in the third quarter of 2022.
공시 • Jan 11First BanCorp. to Report Q4, 2022 Results on Jan 27, 2023First BanCorp. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 27, 2023
Recent Insider Transactions • Nov 16President recently sold €608k worth of stockOn the 9th of November, Aurelio Alemán-Bermudez sold around 40k shares on-market at roughly €15.21 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €2.5m.
Recent Insider Transactions • Nov 11President recently sold €608k worth of stockOn the 9th of November, Aurelio Alemán-Bermudez sold around 40k shares on-market at roughly €15.21 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Aurelio has been a net seller over the last 12 months, reducing personal holdings by €2.5m.
공시 • Oct 29First BanCorp. Declares Quarterly Cash Dividend on Its Outstanding Common Stock, Payable on December 9, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend is payable on December 9, 2022 to shareholders of record at the close of business on November 25, 2022.
Reported Earnings • Oct 26Third quarter 2022 earnings released: EPS: US$0.40 (vs US$0.36 in 3Q 2021)Third quarter 2022 results: EPS: US$0.40. Revenue: US$221.8m (down 2.2% from 3Q 2021). Net income: US$74.6m (flat on 3Q 2021). Profit margin: 34% (in line with 3Q 2021). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe.
공시 • Oct 05First BanCorp. to Report Q3, 2022 Results on Oct 25, 2022First BanCorp. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Oct 25, 2022
Upcoming Dividend • Aug 17Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.5%).
Recent Insider Transactions • Aug 13Executive VP & CFO recently sold €755k worth of stockOn the 10th of August, Orlando Berges-González sold around 50k shares on-market at roughly €15.11 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. This was Orlando's only on-market trade for the last 12 months.
Recent Insider Transactions • Jul 29Executive VP & Chief Risk Officer recently sold €442k worth of stockOn the 27th of July, Nayda Rivera-Batista sold around 30k shares on-market at roughly €14.74 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.3m. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months.
Reported Earnings • Jul 23Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.33 in 2Q 2021)Second quarter 2022 results: EPS: US$0.38 (up from US$0.33 in 2Q 2021). Revenue: US$217.1m (down 9.8% from 2Q 2021). Net income: US$74.7m (up 6.9% from 2Q 2021). Profit margin: 34% (up from 29% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 6.1%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • Jul 23First BanCorp. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022First BanCorp. reported net charge-offs for the second quarter ended June 30, 2022. For the quarter, the company reported net charge-offs of $5,960,000 against $7,676,000 a year ago.
공시 • Jul 22First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 9, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per share on its outstanding common stock. The dividend is payable on September 9, 2022 to shareholders of record at the close of business on August 25, 2022.
공시 • Jul 07First BanCorp. to Report Q2, 2022 Results on Jul 22, 2022First BanCorp. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Jul 22, 2022
Recent Insider Transactions • May 20Independent Chairman recently sold €1.3m worth of stockOn the 17th of May, Roberto Herencia sold around 100k shares on-market at roughly €13.40 per share. This was the largest sale by an insider in the last 3 months. This was Roberto's only on-market trade for the last 12 months.
Upcoming Dividend • May 17Upcoming dividend of US$0.12 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (6.6%).
Reported Earnings • Apr 29First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: US$232.3m (up 4.4% from 1Q 2021). Net income: US$82.6m (up 37% from 1Q 2021). Profit margin: 36% (up from 27% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is expected to shrink by 1.5% compared to a 8.5% growth forecast for the industry in Germany.
공시 • Apr 28+ 1 more updateFirst BanCorp. Declares Quarterly Cash Dividend, Payable on June 10, 2022First BanCorp. announced the declaration of quarterly cash dividend of $0.12 per share, which represents an increase of 20% or $0.02 per common share compared to its most recent dividend paid in March 2022. The dividend is payable on June 10, 2022 to shareholders of record at the close of business on May 25, 2022.
공시 • Apr 09First BanCorp. to Report Q1, 2022 Results on Apr 28, 2022First BanCorp. announced that they will report Q1, 2022 results Pre-Market on Apr 28, 2022
공시 • Apr 06First BanCorp., Annual General Meeting, May 20, 2022First BanCorp., Annual General Meeting, May 20, 2022, at 10:00 Atlantic Standard Time. Agenda: To elect the nine (9) directors named in the accompanying Proxy Statement; to approve on a non-binding basis the 2021 compensation of First BanCorp's named executive officers (the NEOs"); to ratify the appointment of Crowe LLP as our independent registered public accounting firm for our 2022 fiscal year; and to discuss other matters (if any).
Upcoming Dividend • Feb 17Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 24 February 2022. Payment date: 11 March 2022. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.3%).
Recent Insider Transactions • Feb 13Executive VP & Chief Risk Officer recently sold €265k worth of stockOn the 8th of February, Nayda Rivera-Batista sold around 20k shares on-market at roughly €13.27 per share. In the last 3 months, there was an even bigger sale from another insider worth €845k. Insiders have been net sellers, collectively disposing of €5.2m more than they bought in the last 12 months.
공시 • Feb 11First BanCorp Declares Quarterly Cash Dividend, Payable on March 11, 2022First BanCorp. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on its outstanding common stock. The dividend is payable on March 11, 2022 to shareholders of record at the close of business on February 25, 2022.