First BanCorp.

NYSE:FBP Stock Report

Market Cap: US$3.4b

First BanCorp Past Earnings Performance

Past criteria checks 2/6

First BanCorp has been growing earnings at an average annual rate of 18.3%, while the Banks industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 9.3% per year. First BanCorp's return on equity is 17.9%, and it has net margins of 34%.

Key information

18.3%

Earnings growth rate

23.9%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate9.3%
Return on equity17.9%
Net Margin34.0%
Last Earnings Update31 Dec 2024

Recent past performance 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

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)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 248782993910
30 Sep 248693033960
30 Jun 248753113920
31 Mar 248643063870
31 Dec 238633033830
30 Sep 238722973800
30 Jun 238682893790
31 Mar 238762933770
31 Dec 228913053690
30 Sep 228973043660
30 Jun 229023043620
31 Mar 229262993670
31 Dec 219162773760
30 Sep 218912553830
30 Jun 217952083680
31 Mar 216671583420
31 Dec 205361003210
30 Sep 20490862970
30 Jun 205171042940
31 Mar 205571242990
31 Dec 196111652940
30 Sep 196012292940
30 Jun 195782192900
31 Mar 195552092850
31 Dec 185291992820
30 Sep 185011222760
30 Jun 18496752730
31 Mar 18493722730
31 Dec 17481642730
30 Sep 17486642710
30 Jun 174771002710
31 Mar 17470952700
31 Dec 16480932690
30 Sep 16514842690
30 Jun 16504752710
31 Mar 16444192770
31 Dec 15438212780
30 Sep 154053372810
30 Jun 154093462780
31 Mar 154714022720
31 Dec 144713942660
30 Sep 14467782630
30 Jun 14469712620
31 Mar 14474-742670

Quality Earnings: FBP has high quality earnings.

Growing Profit Margin: FBP's current net profit margins (34%) are lower than last year (35.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FBP's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: FBP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FBP had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Banks industry average (-2.5%).

Return on Equity

High ROE: FBP's Return on Equity (17.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

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.