First BanCorp. (FBP)

Market Cap	2.99B
Revenue (ttm)	868.82M
Net Income (ttm)	302.51M
Shares Out	162.84M
EPS (ttm)	1.81
PE Ratio	10.14
Forward PE	10.60
Dividend	$0.64 (3.48%)
Ex-Dividend Date	Nov 29, 2024

Volume	4,763,222
Open	18.12
Previous Close	18.31
Day's Range	18.10 - 18.76
52-Week Range	15.15 - 22.40
Beta	1.12
Analysts	Buy
Price Target	22.25 (+21.06%)
Earnings Date	Jan 22, 2025

About FBP

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 manage...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1948
• Employees: 3,168
• Stock Exchange: NYSE
• Ticker Symbol: FBP
• Website: https://www.1firstbank.com

Financial Performance

In 2023, First BanCorp.'s revenue was $863.27 million, a decrease of -3.07% compared to the previous year's $890.62 million. Earnings were $302.86 million, a decrease of -0.72%.

Analyst Forecast

According to 4 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $22.25, which is an increase of 21.06% from the latest price.

Price Target

$22.25

(21.06% upside)

Analyst Consensus: Buy