First BanCorp. (FBP)
Market Cap | 2.76B |
Revenue (ttm) | 868.86M |
Net Income (ttm) | 302.86M |
Shares Out | 167.32M |
EPS (ttm) | 1.71 |
PE Ratio | 9.66 |
Forward PE | 10.21 |
Dividend | $0.64 (3.87%) |
Ex-Dividend Date | Feb 22, 2024 |
Volume | 628,159 |
Open | 16.54 |
Previous Close | 16.49 |
Day's Range | 16.39 - 16.65 |
52-Week Range | 10.18 - 17.70 |
Beta | 1.16 |
Analysts | Buy |
Price Target | 16.00 (-3.15%) |
Earnings Date | Apr 23, 2024 |
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... [Read more]
Financial Performance
In 2023, First BanCorp.'s revenue was $868.86 million, a decrease of -2.45% compared to the previous year's $890.69 million. Earnings were $302.86 million, a decrease of -0.72%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $16.0, which is a decrease of -3.15% from the latest price.
News
First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a q...
First BanCorp. Announces Earnings for the Quarter and Year Ended December 31, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First Bancorp to Announce 4Q 2023 Results on January 24, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp Declares Quarterly Cash Dividend on Common Stock
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a q...
First BanCorp. Announces Earnings for the Quarter Ended September 30, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp to Announce 3Q 2023 Results on October 20, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp. Announces Earnings for the Quarter Ended June 30, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp Announces Capital Actions
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the fol...
First BanCorp to Announce 2Q 2023 Results on July 27, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp Announces the Release of Its 2022 Corporate Sustainability Report
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced the release of its 2022 Corporate Sustainability R...
First Bancorp Declares Quarterly Cash Dividend on Common Stock
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a q...
First BanCorp. Announces Earnings for the Quarter Ended March 31, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp to Announce 1Q 2023 Results on April 25, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp Declares Quarterly Cash Dividend on Common Stock and Increases Regular Quarterly Cash Dividend by 17% to $0.14 Per Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a q...
First Bancorp. Announces Earnings for the Quarter and Year Ended December 31, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today repo...
First BanCorp to Announce 4Q 2022 Results on January 27, 2023
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial res...
The Financial Times' The Banker Magazine Selects FirstBank Puerto Rico as “Bank of the Year - Puerto Rico”
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (the “Bank”), announced today that The Banker, a Financial ...
First BanCorp. Announces Earnings for the Quarter Ended September 30, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp to Announce 3Q 2022 Results on October 25, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp. Announces Earnings for the Quarter Ended June 30, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp to Announce 2Q 2022 Results on July 22, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...
First BanCorp. Announces Earnings for the Quarter Ended March 31, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation” or “First BanCorp.”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), today report...
First BanCorp Announces a New $350 Million Stock Repurchase Program and a 20% Quarterly Dividend Increase
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors approved the fol...
First BanCorp Announces the Release of Its Inaugural Environmental, Social, and Governance Report
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced the release of its inaugural Environmental, Social ...
First Bancorp to Announce 1Q 2022 Results on April 28, 2022
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial resul...