First BanCorp.
NYSE:FBP Stock Report
First BanCorp Past Earnings Performance First BanCorp has been growing earnings at an average annual rate of 17.5%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 10.1% per year. First BanCorp's return on equity is 17.8%, and it has net margins of 34.8%.
Key information
17.5%
Earnings growth rate
Banks Industry Growth 11.2% Revenue growth rate 10.1% Return on equity 17.8% Net Margin 34.8% Last Earnings Update 30 Sep 2024
Recent past performance updates
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Oct 23
First BanCorp. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024 Oct 23
First BanCorp. to Report Q3, 2024 Results on Oct 23, 2024 Oct 01
Second quarter 2024 earnings: EPS exceeds analyst expectations Jul 24 First BanCorp. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024
First BanCorp. to Report Q2, 2024 Results on Jul 23, 2024 Jun 19
Show all updates
Independent Chairman recently sold US$2.2m worth of stock Nov 10
Independent Chairman notifies of intention to sell stock Nov 08
Third quarter dividend of US$0.16 announced Nov 03
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 13, 2024 Oct 31
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Oct 23
First BanCorp. Announces Net Charge-Offs for the Third Quarter Ended September 30, 2024 Oct 23
Here's Why First BanCorp (NYSE:FBP) Has Caught The Eye Of Investors Oct 23
First BanCorp. to Report Q3, 2024 Results on Oct 23, 2024 Oct 01
First BanCorp.: Raising The Earnings Estimate And Upgrading To Buy Sep 13
Upcoming dividend of US$0.16 per share Aug 22
President notifies of intention to sell stock Aug 01
Executive VP & COO recently sold US$1.1m worth of stock Jul 26
Price target increased by 11% to US$23.00 Jul 26
Second quarter dividend of US$0.16 announced Jul 25
Second quarter 2024 earnings: EPS exceeds analyst expectations Jul 24
Should You Be Adding First BanCorp (NYSE:FBP) To Your Watchlist Today? Jul 24 First BanCorp. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024
First BanCorp. to Report Q2, 2024 Results on Jul 23, 2024 Jun 19
First BanCorp: A Call Option On Puerto Rico Jun 19
Upcoming dividend of US$0.16 per share May 23
Executive VP & CFO recently sold US$1.3m worth of stock May 05
First quarter dividend of US$0.16 announced Apr 29
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on June 14, 2024 Apr 27
First quarter 2024 earnings: EPS exceeds analyst expectations Apr 23
First BanCorp. Announces Net Charge Offs for the Quarter Ended March 31, 2024 Apr 23
First BanCorp., Annual General Meeting, May 23, 2024 Apr 09
President exercised options and sold US$617k worth of stock Apr 04
First BanCorp. to Report Q1, 2024 Results on Apr 23, 2024 Apr 03
Executive VP & CFO notifies of intention to sell stock Mar 13
President recently sold US$858k worth of stock Mar 08
Full year 2023 earnings: EPS exceeds analyst expectations Mar 04
Upcoming dividend of US$0.16 per share at 3.4% yield Feb 15
First BanCorp's (NYSE:FBP) Upcoming Dividend Will Be Larger Than Last Year's Feb 12
Fourth quarter dividend increased to US$0.16 Feb 12
First BanCorp. Increases Quarterly Cash Dividend on Common Stock, Payable on March 8, 2024 Feb 09
Price target increased by 7.4% to US$18.90 Jan 30
Full year 2023 earnings: EPS exceeds analyst expectations Jan 24
First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2023 Jan 24
First BanCorp. to Report Q4, 2023 Results on Jan 24, 2024 Jan 09
First BanCorp: Fairly Priced With A Flattish Earnings Outlook Dec 09
Executive VP & COO recently sold US$1.0m worth of stock Dec 08
Executive VP & COO notifies of intention to sell stock Dec 07
Upcoming dividend of US$0.14 per share at 3.7% yield Nov 15
Insufficient new directors Nov 01
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on December 8, 2023 Nov 01
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Oct 20
First BanCorp. to Report Q3, 2023 Results on Oct 20, 2023 Oct 06
First BanCorp: Worthy Of Consideration Sep 24
Upcoming dividend of US$0.14 per share at 3.8% yield Aug 16
Price target increased by 15% to US$16.20 Jul 31
First BanCorp. Reports Net Charge Off for the Second Quarter Ended June 30, 2023 Jul 29
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Jul 28 First BanCorp. (NYSE:FBP) announces an Equity Buyback for $225 million worth of its shares.
First BanCorp. to Report Q2, 2023 Results on Jul 27, 2023 Jul 08
Investor sentiment improves as stock rises 17% Jun 08
Upcoming dividend of US$0.14 per share at 5.1% yield May 16
First quarter 2023 earnings: EPS and revenues exceed analyst expectations Apr 26
President exercised options and sold US$1.1m worth of stock Mar 23
Price target decreased by 7.1% to US$15.60 Mar 13
Upcoming dividend of US$0.14 per share at 3.9% yield Feb 16
First BanCorp. Declares Quarterly Cash Dividend, Payable on March 10, 2023 Feb 10
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
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Jan 29
First BanCorp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2022 Jan 28
First BanCorp. Q4 2022 Earnings Preview Jan 26
First BanCorp. to Report Q4, 2022 Results on Jan 27, 2023 Jan 11
Do First BanCorp's (NYSE:FBP) Earnings Warrant Your Attention? Jan 07
President recently sold US$611k worth of stock Nov 16
President recently sold US$611k worth of stock Nov 11
First BanCorp. Declares Quarterly Cash Dividend on Its Outstanding Common Stock, Payable on December 9, 2022 Oct 29
Third quarter 2022 earnings: EPS exceeds analyst expectations Oct 26
First BanCorp. Q3 2022 Earnings Preview Oct 24
First BanCorp. to Report Q3, 2022 Results on Oct 25, 2022 Oct 05
If EPS Growth Is Important To You, First BanCorp (NYSE:FBP) Presents An Opportunity Sep 03
First BanCorp. goes ex dividend tomorrow Aug 23
Upcoming dividend of US$0.12 per share Aug 17
Executive VP & CFO recently sold US$782k worth of stock Aug 13
First BanCorp: Stock Price Due For A Breather, Earnings Likely To Continue Full Steam Ahead Aug 13
Executive VP & CFO notifies of intention to sell stock Aug 11
Executive VP & Chief Risk Officer recently sold US$448k worth of stock Jul 29
First BanCorp. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2022 Jul 23
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Jul 22
First BanCorp. Declares Quarterly Cash Dividend on Common Stock, Payable on September 9, 2022 Jul 22
First BanCorp. Q2 2022 Earnings Preview Jul 21
First BanCorp. to Report Q2, 2022 Results on Jul 22, 2022 Jul 07
First BanCorp: Revising The Earnings Estimate Upwards Thanks To Better Provisioning Outlook May 26
Independent Chairman recently sold US$1.4m worth of stock May 20
Upcoming dividend of US$0.12 per share May 17
First BanCorp (NYSE:FBP) Is Increasing Its Dividend To US$0.12 May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations Apr 29
First BanCorp. Declares Quarterly Cash Dividend, Payable on June 10, 2022 Apr 28
Revenue & Expenses Breakdown
How First BanCorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History NYSE:FBP Revenue, expenses and earnings (USD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Sep 24 869 303 396 0 30 Jun 24 875 311 392 0 31 Mar 24 864 306 387 0 31 Dec 23 863 303 383 0 30 Sep 23 872 297 380 0 30 Jun 23 868 289 379 0 31 Mar 23 876 293 377 0 31 Dec 22 891 305 369 0 30 Sep 22 897 304 366 0 30 Jun 22 902 304 362 0 31 Mar 22 926 299 367 0 31 Dec 21 916 277 376 0 30 Sep 21 891 255 383 0 30 Jun 21 795 208 368 0 31 Mar 21 667 158 342 0 31 Dec 20 536 100 321 0 30 Sep 20 490 86 297 0 30 Jun 20 517 104 294 0 31 Mar 20 557 124 299 0 31 Dec 19 611 165 294 0 30 Sep 19 601 229 294 0 30 Jun 19 578 219 290 0 31 Mar 19 555 209 285 0 31 Dec 18 529 199 282 0 30 Sep 18 501 122 276 0 30 Jun 18 496 75 273 0 31 Mar 18 493 72 273 0 31 Dec 17 481 64 273 0 30 Sep 17 486 64 271 0 30 Jun 17 477 100 271 0 31 Mar 17 470 95 270 0 31 Dec 16 480 93 269 0 30 Sep 16 514 84 269 0 30 Jun 16 504 75 271 0 31 Mar 16 444 19 277 0 31 Dec 15 438 21 278 0 30 Sep 15 405 337 281 0 30 Jun 15 409 346 278 0 31 Mar 15 471 402 272 0 31 Dec 14 471 394 266 0 30 Sep 14 467 78 263 0 30 Jun 14 469 71 262 0 31 Mar 14 474 -74 267 0 31 Dec 13 454 -164 263 0
Quality Earnings: FBP has high quality earnings .
Growing Profit Margin: FBP's current net profit margins (34.8%) are higher than last year (34%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FBP's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: FBP's earnings growth over the past year (2%) is below its 5-year average (17.5% per year).
Earnings vs Industry: FBP earnings growth over the past year (2%) exceeded the Banks industry -12.3%.
Return on Equity
High ROE: FBP's Return on Equity (17.8%) is considered low .
Return on Capital Employed
Discover strong past performing companies Simply Wall St™ Simply Wall Street Pty Ltd Level 7, 320 Pitt Street, Sydney Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
{"enabled":true,"variant":{"name":"display-ssr-flag","enabled":true,"feature_enabled":true,"featureEnabled":true},"flagsReady":true,"flagsError":null}