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First BanCorp NYSE:FBP Stock Report

Last Price

US$17.98

Market Cap

US$3.0b

7D

0.6%

1Y

54.2%

Updated

27 May, 2024

Data

Company Financials +

FBP Stock Overview

Operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers.

FBP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

First BanCorp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First BanCorp
Historical stock prices
Current Share PriceUS$17.98
52 Week HighUS$18.62
52 Week LowUS$11.10
Beta1.16
1 Month Change4.29%
3 Month Change7.34%
1 Year Change54.20%
3 Year Change40.58%
5 Year Change78.02%
Change since IPO140.01%

Recent News & Updates

Recent updates

First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

Feb 12
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's

First BanCorp: Fairly Priced With A Flattish Earnings Outlook

Dec 09

First BanCorp: Worthy Of Consideration

Sep 24

First BanCorp Leveraged To Sustained Improvement In Puerto Rico's Economy

Feb 10

Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

Jan 31
Analyst Estimates: Here's What Brokers Think Of First BanCorp. (NYSE:FBP) After Its Annual Report

First BanCorp. Q4 2022 Earnings Preview

Jan 26

Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

Jan 07
Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention?

First BanCorp. Q3 2022 Earnings Preview

Oct 24

If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

Sep 03
If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity

First BanCorp. goes ex dividend tomorrow

Aug 23

First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead

Aug 13

First BanCorp. Q2 2022 Earnings Preview

Jul 21

First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook

May 26

First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

May 02
First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12

Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?

Mar 30
Does First BanCorp (NYSE:FBP) Deserve A Spot On Your Watchlist?

First BanCorp: Attractively Valued With A Stable Earnings Outlook

Mar 06

First BanCorp: Flattish Earnings Outlook

Nov 27

First BanCorp.: Net Provision Reversals To Drive Earnings

Sep 08

First BanCorp: Balance Sheet Growth, Subdued Credit Costs To Drive Earnings Recovery

Jun 15

Shareholder Returns

FBPUS BanksUS Market
7D0.6%-0.1%-0.2%
1Y54.2%36.4%25.6%

Return vs Industry: FBP exceeded the US Banks industry which returned 36.4% over the past year.

Return vs Market: FBP exceeded the US Market which returned 25.6% over the past year.

Price Volatility

Is FBP's price volatile compared to industry and market?
FBP volatility
FBP Average Weekly Movement3.4%
Banks Industry Average Movement3.9%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: FBP has not had significant price volatility in the past 3 months.

Volatility Over Time: FBP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19483,168Aurelio Aleman-Bermudezwww.1firstbank.com

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations.

First BanCorp. Fundamentals Summary

How do First BanCorp's earnings and revenue compare to its market cap?
FBP fundamental statistics
Market capUS$2.97b
Earnings (TTM)US$305.62m
Revenue (TTM)US$863.71m

9.7x

P/E Ratio

2.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBP income statement (TTM)
RevenueUS$863.71m
Cost of RevenueUS$0
Gross ProfitUS$863.71m
Other ExpensesUS$558.08m
EarningsUS$305.62m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.85
Gross Margin100.00%
Net Profit Margin35.39%
Debt/Equity Ratio44.7%

How did FBP perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

33%

Payout Ratio

Does FBP pay a reliable dividends?

See FBP dividend history and benchmarks
When do you need to buy FBP by to receive an upcoming dividend?
First BanCorp dividend dates
Ex Dividend DateMay 30 2024
Dividend Pay DateJun 14 2024
Days until Ex dividend3 days
Days until Dividend pay date18 days

Does FBP pay a reliable dividends?

See FBP dividend history and benchmarks
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