First BanCorp. (FBP)

Market Cap	3.18B
Revenue (ttm)	879.85M
Net Income (ttm)	298.72M
Shares Out	162.86M
EPS (ttm)	1.81
PE Ratio	10.82
Forward PE	10.70
Dividend	$0.72 (3.68%)
Ex-Dividend Date	Feb 21, 2025

Volume	573,721
Open	19.16
Previous Close	19.04
Day's Range	19.19 - 19.62
52-Week Range	16.25 - 22.40
Beta	1.11
Analysts	Buy
Price Target	22.00 (+12.68%)
Earnings Date	Apr 22, 2025

About FBP

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. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; hedging activities; purchase of mortgage loans from branch and mortgage ban...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1948
• Employees: 3,113
• Stock Exchange: NYSE
• Ticker Symbol: FBP
• Website: https://www.1firstbank.com

Financial Performance

In 2024, First BanCorp.'s revenue was $879.85 million, an increase of 1.92% 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 12.68% from the latest price.

Price Target

$22.0

(12.68% upside)

Analyst Consensus: Buy