First BanCorp. (FBP)

NYSE: FBP · IEX Real-Time Price · USD
20.65
+0.03 (0.15%)
Jul 19, 2024, 4:00 PM EDT - Market closed
0.15%
Market Cap 3.44B
Revenue (ttm) 869.30M
Net Income (ttm) 305.62M
Shares Out 166.43M
EPS (ttm) 1.75
PE Ratio 11.80
Forward PE 12.04
Dividend $0.64 (3.10%)
Ex-Dividend Date May 30, 2024
Volume 636,931
Open 20.62
Previous Close 20.62
Day's Range 20.59 - 21.07
52-Week Range 12.72 - 21.19
Beta 1.12
Analysts Buy
Price Target 20.33 (-1.55%)
Earnings Date Jul 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]

Sector Financials
Founded 1948
Employees 3,168
Stock Exchange NYSE
Ticker Symbol FBP
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $20.33, which is a decrease of -1.55% from the latest price.

Price Target
$20.33
(-1.55% downside)
Analyst Consensus: Buy
Stock Forecasts

News

First BanCorp Announces the Release of Its 2023 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 third annual Corporate Sustainab...

20 days ago - Business Wire

First BanCorp to Announce 2Q 2024 Results on July 23, 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...

4 weeks ago - Business Wire

Strong Jobs Report Diminishes Fed Rate-Cut Hopes: 5 Winners

A vibrant labor market dashed expectations of an interest rate cut soon. May's startling uptick in the pace of job additions and wages increased the belief that the Federal Reserve will hold rates at ...

Other symbols: BACBROGSHG
5 weeks ago - Benzinga

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...

3 months ago - Business Wire

First BanCorp. Announces Earnings for the Quarter Ended March 31, 2024

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...

3 months ago - Business Wire

First BanCorp to Announce 1Q 2024 Results on April 23, 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...

3 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire