First BanCorp. (FBP)

Market Cap	3.16B
Revenue (ttm)	878.28M
Net Income (ttm)	298.72M
Shares Out	162.84M
EPS (ttm)	1.81
PE Ratio	10.72
Forward PE	10.60
Dividend	$0.72 (3.71%)
Ex-Dividend Date	Feb 21, 2025

Volume	1,274,314
Open	20.14
Previous Close	19.93
Day's Range	19.32 - 20.14
52-Week Range	16.24 - 22.40
Beta	1.13
Analysts	Buy
Price Target	22.00 (+13.4%)
Earnings Date	Jan 23, 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 2024, First BanCorp.'s revenue was $878.28 million, an increase of 1.74% compared to the previous year's $863.27 million. Earnings were $298.72 million, a decrease of -1.37%.

Analyst Forecast

According to 4 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $22.0, which is an increase of 13.40% from the latest price.

Price Target

$22.0

(13.40% upside)

Analyst Consensus: Buy