First BanCorp.

NYSE:FBP Stock Report

Market Cap: US$3.0b

First BanCorp Balance Sheet Health

Financial Health criteria checks 6/6

First BanCorp has total assets of $18.9B and total equity of $1.7B. Total deposits are $16.3B, and total loans are $12.2B. It earns a Net Interest Margin of 4.3%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $685.4M.

Key information

11.1x

Asset to equity ratio

4.3%

Net interest margin

Total deposits

US$16.35b

Loan to deposit ratio

Appropriate

Bad loans

0.7%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$685.37m

Recent financial health updates

No updates

Recent updates

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

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

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: FBP's Assets to Equity ratio (11.1x) is moderate.

Allowance for Bad Loans: FBP has a sufficient allowance for bad loans (276%).

Low Risk Liabilities: 95% of FBP's liabilities are made up of primarily low risk sources of funding.

Loan Level: FBP has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: FBP's Loans to Deposits ratio (75%) is appropriate.

Level of Bad Loans: FBP has an appropriate level of bad loans (0.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 12:11
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

First BanCorp. is covered by 16 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.