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FBP logo

First BanCorp NYSE:FBP Stock Report

Last Price

US$20.93

Market Cap

US$3.3b

7D

4.6%

1Y

14.2%

Updated

13 May, 2025

Data

Company Financials +

First BanCorp.

NYSE:FBP Stock Report

Market Cap: US$3.3b

FBP Stock Overview

Operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. More details

FBP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 60.8% below our estimate of its fair value

Earnings are forecast to grow 5.16% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for FBP from our risk checks.

Community vs My Fair Value

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Select a narrative for quick price alerts from the community, or create your own.

FBP logo
First BanCorp
AN
AnalystConsensusTarget
Consensus Narrative from 6 Analysts

Repricing Yields And Digital Upgrades Will Improve Future Position

Key Takeaways Anticipated net interest margin expansion through strategic cash flow reinvestment and funding cost reduction could drive earnings growth. Ongoing digital investments and stock repurchase plan aim to enhance customer engagement, deposit stability, and earnings per share.
View narrative
US$23.50
FV
10.9% undervalued intrinsic discount
11.00%
Revenue growth p.a.
0users have liked this narrative
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3users have followed this narrative
7 days ago author updated this narrative
View First BanCorp Community

First BanCorp. Competitors

Texas Capital Bancshares

NasdaqGS:TCBI

US$3.5b

Cathay General Bancorp

NasdaqGS:CATY

US$3.2b

WesBanco

NasdaqGS:WSBC

US$3.1b

First Hawaiian

NasdaqGS:FHB

US$3.1b

Price History & Performance

Summary of share price highs, lows and changes for First BanCorp
Historical stock prices
Current Share PriceUS$20.93
52 Week HighUS$22.40
52 Week LowUS$16.40
Beta0.91
1 Month Change17.98%
3 Month Change3.05%
1 Year Change14.18%
3 Year Change47.92%
5 Year Change311.20%
Change since IPO179.39%

Recent News & Updates

First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In

Apr 20

Recent updates

First BanCorp: Bond Market Turbulence, Expected Tourism Slowdown Seems Priced-In

Apr 20

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
author-image

Tactical Growth And Efficiency Measures Promise Bright Future Despite Analysts' Cautions

Sep 24 Enhanced operational efficiency and revenue growth potential driven by investments in IT infrastructure and a focus on commercial construction loans.

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?

Shareholder Returns

FBPUS BanksUS Market
7D4.6%6.3%5.3%
1Y14.2%20.0%11.5%

Return vs Industry: FBP underperformed the US Banks industry which returned 19.9% over the past year.

Return vs Market: FBP exceeded the US Market which returned 11.6% over the past year.

Price Volatility

Is FBP's price volatile compared to industry and market?
FBP volatility
FBP Average Weekly Movement5.2%
Banks Industry Average Movement4.7%
Market Average Movement8.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market4.2%

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

Volatility Over Time: FBP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19483,113Aurelio Aleman-Bermudezwww.1firstbank.com

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides financial products and services to consumers and commercial customers. It operates through six segments: Mortgage Banking; Consumer (Retail) Banking; Commercial and Corporate 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$3.34b
Earnings (TTM)US$302.33m
Revenue (TTM)US$884.83m

11.1x

P/E Ratio

1.9x

P/B Ratio

Is FBP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBP income statement (TTM)
RevenueUS$884.83m
Cost of RevenueUS$0
Gross ProfitUS$884.83m
Other ExpensesUS$582.51m
EarningsUS$302.33m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.88
Gross Margin100.00%
Net Profit Margin34.17%
Debt/Equity Ratio18.6%

How did FBP perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

36%

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 29 2025
Dividend Pay DateJun 13 2025
Days until Ex dividend14 days
Days until Dividend pay date29 days

Does FBP pay a reliable dividends?

See FBP dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 13:25
End of Day Share Price 2025/05/13 00:00
Earnings2025/03/31
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 15 analysts. 6 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.