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Market Cap 2.74B P/E 9.70 EPS this Y 1.80% Ern Qtrly Grth 7.30%
Income 310.81M Forward P/E 9.52 EPS next Y 10.30% 50D Avg Chg 19.00%
Sales 875.12M PEG 5.77 EPS past 5Y 27.98% 200D Avg Chg 16.00%
Dividend 3.00% Price/Book 1.95 EPS next 5Y 2.00% 52W High Chg -7.00%
Recommedations 2.20 Quick Ratio - Shares Outstanding 163.87M 52W Low Chg 50.00%
Insider Own 1.93% ROA 1.63% Shares Float 158.72M Beta 1.10
Inst Own 96.80% ROE 21.51% Shares Shorted/Prior 2.66M/2.10M Price 15.23
Gross Margin - Profit Margin 35.52% Avg. Volume 1,329,517 Target Price 23.33
Oper. Margin 45.48% Earnings Date Oct 23 Volume 1,704,190 Change 0.99%
About First BanCorp. New

First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, as well as other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; and purchase of mortgage loans from branch and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans, residential mortgages, term and construction loan, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.

First BanCorp. New News
10/30/24 First BanCorp Declares Quarterly Cash Dividend on Common Stock
10/24/24 First BanCorp Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
10/24/24 First BanCorp (FBP) Q3 2024 Earnings Call Highlights: Strong Net Income Amid Rising Expenses
10/23/24 First BanCorp. Announces Earnings for the Quarter Ended September 30, 2024
10/01/24 We Ran A Stock Scan For Earnings Growth And First BanCorp (NYSE:FBP) Passed With Ease
09/30/24 First BanCorp to Announce 3Q 2024 Results on October 23, 2024
08/29/24 Insider Sale: EVP Michael McDonald Sells 7,612 Shares of First BanCorp (FBP)
08/19/24 Insider Sale: EVP Michael McDonald Sells 12,249 Shares of First BanCorp (FBP)
07/31/24 Insider Sale: President and CEO Aurelio Aleman Sells 100,000 Shares of First BanCorp (FBP)
07/25/24 Insider Sale: EVP and COO Donald Kafka Sells 50,000 Shares of First BanCorp (FBP)
07/25/24 First BanCorp Second Quarter 2024 Earnings: EPS Beats Expectations
07/23/24 First BanCorp. Announces Earnings for the Quarter Ended June 30, 2024
07/22/24 First BanCorp Announces Capital Actions
07/17/24 Popular (BPOP) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
07/15/24 First BanCorp (NYSE:FBP) jumps 7.0% this week, though earnings growth is still tracking behind five-year shareholder returns
07/01/24 First BanCorp Announces the Release of Its 2023 Corporate Sustainability Report
06/18/24 First BanCorp to Announce 2Q 2024 Results on July 23, 2024
06/11/24 The Zacks Analyst Blog Highlights Bank of America, Brown & Brown, First BanCorp. Hamilton Insurance and The Goldman Sachs
05/30/24 First BanCorp's Dividend Analysis
05/25/24 First BanCorp. (NYSE:FBP) Looks Interesting, And It's About To Pay A Dividend
FBP Chatroom

User Image Winning_calls Posted - 1 week ago

$FBP join us. It's free! πŸ€žπŸ€žπŸ‘†πŸ‘†

User Image Winning_calls Posted - 1 week ago

$FBP pick me up @ $21.15 πŸ™

User Image insiderbuyingselling Posted - 1 week ago

$FBP new insider selling: 100000 shares. http://insiderbuyingselling.com/?t=FBP

User Image WeeklyTrader Posted - 1 month ago

Let’s ride this bullish trend! Buy a CALL on $FBP at None! RSI: 58.58% 50-day MA: $20.48 200-day MA: $18.27

User Image Batg351 Posted - 1 month ago

$KIM bought in at $18. It payed well to hold this. Sadly i only bought 5k shares. Also check $brsp, $fbp, $ari. Get your dividends account up.

User Image traderhr Posted - 09/26/24

WATCH LIST $AAPL $FBP $CMG $CHEF etc... https://www.traderhr.com/watch-list-for-sep-26th-2024-free/

User Image Batg351 Posted - 08/29/24

$ARI slowly keepnadding more. Already at 15k shares. My dividend portfolio is based on $fbp, $ari, $evtc, $ofg, $kim. Still looking towards adding 2 to 3 more companies.

User Image Batg351 Posted - 08/27/24

$WEN time for me to add some. For those looking for other stocks to add go check $Fbp. You won't regret it.

User Image Thestocktraderhubzee Posted - 08/26/24

WATCHLIST AUG 27 2024. $LULU Telsey Advisory Group Maintains Outperform on Lululemon Athletica, Lowers Price Target to $360 $ESS Piper Sandler Maintains Overweight on Essex Property Trust, Raises Price Target to $355 $FBP Piper Sandler Assumes First BanCorp at Neutral, Announces Price Target of $22 $ZS Barclays Maintains Overweight on Zscaler, Raises Price Target to $230 $BRZE Barclays Maintains Overweight on Braze, Lowers Price Target to $70

User Image Batg351 Posted - 3 months ago

$FBP keep accumulating shares. This has a lot of potential to surpass $bpop in share price.

User Image StockInvest_us Posted - 3 months ago

Signal alert: $FBP - Overbought Trend Short (Overvalued) https://stockinvest.us/l/tkAYiMTQ4O

User Image insiderbuyingselling Posted - 07/25/24

$FBP new insider selling: 50000 shares. http://insiderbuyingselling.com/?t=FBP

User Image briefingcom Posted - 07/23/24

$FBP: First Bancorp beats by $0.05 https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240723070448FBP&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image epsguid Posted - 07/23/24

$FBP reported earnings of $0.46, consensus was $0.43 via @eWhispers #epsbeat http://eps.sh/d/fbp

User Image DonCorleone77 Posted - 07/23/24

$FBP First BanCorp reports Q2 EPS 46c, consensus 41c "We closed the first half of the year with another quarter of solid operating performance across most franchise metrics and remain highly encouraged by our growth prospects throughout the rest of the year. Once again, we delivered a strong return on assets of 1.61%, grew our net interest margin, registered organic loan growth across all businesses, grew core deposits and returned 100% of earnings to shareholders in the form of buybacks and common stock dividends. We continue to generate top quartile financial results through our proven business model, ongoing operational efficiency, and commitment to preserve shareholder value. Core deposits, other than brokered and government deposits, were up by $132 million reflecting growth in all regions. More importantly, this growth includes a $47 million increase in non-interest-bearing deposits, further expanding our low-cost and well diversified funding base while reducing our exposure to higher-cost funding sources. Even though overall asset quality remained stable, as we have previously mentioned we have continued to see early-delinquency and charge-off trends within the consumer lending segment returning to historical levels."

User Image Stock_Titan Posted - 07/23/24

$FBP First BanCorp. Announces Earnings for the Quarter Ended June 30, 2024 https://www.stocktitan.net/news/FBP/first-ban-corp-announces-earnings-for-the-quarter-ended-june-30-gbbgst0n8dtd.html

User Image DonCorleone77 Posted - 07/22/24

$FBP First BanCorp announces new share repurchase program First BanCorp., the bank holding company for FirstBank Puerto Rico, announced that its Board of Directors approved a new repurchase program of up to $250M that could include repurchases of common stock or junior subordinated debentures, which we expect to be executed at management's discretion through the end of the Q4 of 2025. This approval is in addition to the $50M remaining under the stock repurchase program announced on July 24, 2023.

User Image Stock_Titan Posted - 07/22/24

$FBP First BanCorp Announces Capital Actions https://www.stocktitan.net/news/FBP/first-ban-corp-announces-capital-meyygl7bu05b.html

User Image bambooo Posted - 4 months ago

$FBP love the action but whats the reason? Earnings not until 23rd

User Image vu_jade Posted - 4 months ago

$FBP breakout

User Image NathanAnneh Posted - 06/26/24

$FBP taking the Swing πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯πŸ”₯

User Image Stock_Titan Posted - 5 months ago

$FBP First BanCorp to Announce 2Q 2024 Results on July 23, 2024 https://www.stocktitan.net/news/FBP/first-ban-corp-to-announce-2q-2024-results-on-july-23-0c8jt8ubsqfz.html

User Image StockInvest_us Posted - 5 months ago

Signal alert: $FBP - PivotPoint bottom https://stockinvest.us/l/RP0bGSrhAK

User Image StockInvest_us Posted - 6 months ago

Signal alert: $FBP - Overbought Trend Short (Overvalued) https://stockinvest.us/l/HetIUNa4Rf

User Image Stocksrunner Posted - 6 months ago

Thursday Close: Key Technical Indicators πŸ“ˆ $INSW, $COST, $CROX, $FBP and $WMT all hit fresh 52-week highs, showing significant upward movement over the past month. https://stocksrunner.com/technical

User Image StockInvest_us Posted - 6 months ago

Signal alert: $FBP - Overbought Trend Short (Overvalued) https://stockinvest.us/l/x8PBXrTm0s

User Image StockInvest_us Posted - 6 months ago

Signal alert: $FBP - Double Bottom https://stockinvest.us/l/0akajrgpAx

User Image StockInvest_us Posted - 6 months ago

Signal alert: $FBP - Double Bottom https://stockinvest.us/l/Oc9iZGyWMz

User Image StockInvest_us Posted - 04/30/24

Signal alert: $FBP - Double Bottom https://stockinvest.us/l/LZCLxZNbpE

Analyst Ratings
Wells Fargo Equal-Weight Oct 1, 24
Wells Fargo Equal-Weight Jul 24, 24
Wells Fargo Equal-Weight Jul 9, 24
Raymond James Outperform Jul 9, 24
Keefe, Bruyette & Woods Outperform Apr 25, 24
Wells Fargo Equal-Weight Apr 10, 24
Keefe, Bruyette & Woods Outperform Jan 25, 24
Wells Fargo Equal-Weight Oct 24, 23
Wells Fargo Equal-Weight Apr 5, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Power Carlos EVP EVP Dec 15 Sell 16.5027 9,433 155,670 246,793 12/19/23
ALEMAN AURELIO President and CEO President and CEO Dec 07 Sell 15.7929 50,000 789,645 1,176,325 12/08/23
RIVERA NAYDA EVP and CRO EVP and CRO Dec 05 Sell 15.7599 15,000 236,398 261,910 12/07/23
Kafka Donald EVP and COO EVP and COO Dec 05 Sell 15.7852 65,000 1,026,038 213,486 12/07/23
Heffern John A. Director Director Mar 15 Buy 11.6091 3,000 34,827 84,895 03/15/23
Dedrick Tracey A Director Director Mar 10 Buy 12.65 500 6,325 25,928 03/14/23
RIVERA NAYDA EVP and CRO EVP and CRO Nov 08 Sell 15.61 25,000 390,250 231,948 11/10/22
ALEMAN AURELIO President and CEO President and CEO Nov 08 Sell 15.22 40,000 608,800 1,067,159 11/10/22
RIVERA NAYDA EVP and CRO EVP and CRO Aug 12 Sell 16.1625 10,000 161,625 256,911 08/16/22
Berges Gonzalez Orlando EVP and CFO EVP and CFO Aug 10 Sell 15.6376 50,000 781,880 293,664 08/12/22
RIVERA NAYDA EVP and CRO EVP and CRO Jul 29 Sell 15.10 10,000 151,000 266,911 08/02/22
ALEMAN AURELIO President and CEO President and CEO Jul 27 Sell 14.98 70,000 1,048,600 1,107,159 07/29/22
RIVERA NAYDA EVP and CRO EVP and CRO Jul 25 Sell 14.91 30,000 447,300 276,911 07/27/22
HERENCIA ROBERTO R Director Director May 17 Sell 14.1125 100,000 1,411,250 732,484 05/19/22
RIVERA NAYDA EVP and CRO EVP and CRO Feb 08 Sell 15.1516 20,000 303,032 290,605 02/10/22
ALEMAN AURELIO President and CEO President and CEO May 12 Sell 12.94 40,000 517,600 1,241,065 05/12/21
Berges Gonzalez Orlando EVP and CFO EVP and CFO May 07 Sell 13 80,000 1,040,000 343,925 05/07/21