First BanCorp.

NYSE:FBP Stock Report

Market Cap: US$3.4b

First BanCorp Dividends and Buybacks

Dividend criteria checks 3/6

First BanCorp is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 7th March, 2025 with an ex-dividend date of 21st February, 2025.

Key information

3.0%

Dividend yield

5.3%

Buyback Yield

Total Shareholder Yield8.3%
Future Dividend Yield3.1%
Dividend Growth31.5%
Next dividend pay date07 Mar 25
Ex dividend date21 Feb 25
Dividend per shareUS$0.640
Payout ratio35%

Recent dividend and buyback updates

Recent updates

First BanCorp.: Strong Margin Power And A Growing Dividend

Jan 23

Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors

Oct 23
Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors

First BanCorp.: Raising The Earnings Estimate And Upgrading To Buy

Sep 13

Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

Jul 24
Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today?

First BanCorp: A Call Option On Puerto Rico

Jun 19

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

Upcoming Dividend Payment

TodayFeb 07 2025Ex Dividend DateFeb 21 2025Dividend Pay DateMar 07 202514 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, FBP has been paying a dividend for less than 10 years.

Growing Dividend: FBP's dividend payments have increased, but the company has only paid a dividend for 6 years.

Dividend Yield vs Market

First BanCorp Dividend Yield vs Market
How does FBP dividend yield compare to the market?
SegmentDividend Yield
Company (FBP)3.0%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Banks)2.4%
Analyst forecast (FBP) (up to 3 years)3.1%

Notable Dividend: FBP's dividend (3.04%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: FBP's dividend (3.04%) is low compared to the top 25% of dividend payers in the US market (4.47%).

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.3%), FBP's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FBP's dividends in 3 years are forecast to be well covered by earnings (31.7% payout ratio).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 05:13
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First BanCorp. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandon BermanBofA Global Research
Joseph GladueB. Riley Securities, Inc.
Michael DianaCantor Fitzgerald & Co.