First BanCorp - Puerto Rico (FBP)
Stock Price Chart
Key Info
| Market Cap | 1.28B |
| Revenue (ttm) | 516.87M |
| Net Income (ttm) | 123.65M |
| Shares Out | 218.16M |
| EPS (ttm) | 0.48 |
| PE Ratio | 12.21 |
| Forward PE | n/a |
| Dividend | $0.20 |
| Dividend Yield | 3.41% |
Stock Quote
| Trading Day | Aug 7, 2020 |
| Last Price | $5.86 |
| Previous Close | $5.56 |
| Change ($) | 0.30 |
| Change (%) | 5.40% |
| Day's Open | 5.52 |
| Day's Range | 5.49 - 5.88 |
| Day's Volume | 1,363,264 |
| 52-Week Range | 3.50 - 11.10 |
More Stats
| Market Cap | 1.28B |
| Enterprise Value | 1.30B |
| Earnings Date (est) | Oct 27, 2020 |
| Ex-Dividend Date | May 27, 2020 |
| Shares Outstanding | 218.16M |
| Float | 211.75M |
| EPS (basic) | 0.57 |
| EPS (diluted) | 0.48 |
| FCF / Share | 1.30 |
| Dividend | $0.20 |
| Dividend Yield | 3.41% |
| Earnings Yield | 8.19% |
| FCF Yield | 22.03% |
| Payout Ratio | 28.10% |
| Shares Short | 2.96M |
| Short Ratio | 1.66 |
| Short % of Float | 1.86% |
| Beta | 1.45 |
| PE Ratio | 12.21 |
| Forward PE | n/a |
| P/FCF Ratio | 4.54 |
| PS Ratio | 2.47 |
| PB Ratio | 0.56 |
| Revenue | 516.87M |
| Operating Income | 177.74M |
| Net Income | 123.65M |
| Free Cash Flow | 281.58M |
| Net Cash | -21.44M |
| Net Cash / Share | -0.10 |
| Gross Margin | 118.10% |
| Operating Margin | 34.39% |
| Profit Margin | 22.20% |
| FCF Margin | 54.48% |
| ROA | 0.80% |
| ROE | 4.87% |
| ROIC | 1.40% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 617 | 548 | 410 | 485 | 412 | 470 | 256 | 391 | 265 | -55.01 |
| Revenue Growth | 12.58% | 33.87% | -15.59% | 17.93% | -12.42% | 83.76% | -34.53% | 47.32% | - | - |
| Gross Profit | 617 | 548 | 410 | 485 | 412 | 470 | 256 | 391 | 265 | -55.01 |
| Operating Income | 239 | 191 | 61.98 | 130 | 27.72 | 91.64 | -159 | 35.71 | -72.91 | -421 |
| Net Income | 165 | 199 | 64.28 | 93.01 | 21.30 | 394 | -164 | 29.78 | 173 | -122 |
| Shares Outstanding | 217 | 217 | 216 | 217 | 215 | 213 | 207 | 206 | 204 | 21.30 |
| Earnings Per Share | 0.76 | 0.92 | 0.30 | 0.43 | 0.10 | 1.87 | -0.80 | 0.14 | 2.18 | -10.79 |
| EPS Growth | -17.39% | 206.67% | -30.23% | 330% | -94.65% | - | - | -93.58% | - | - |
| Dividend Per Share | 0.14 | 0.03 | - | - | - | - | - | - | - | - |
| Dividend Growth | 366.67% | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow | 294 | 288 | 236 | 199 | 262 | 264 | 342 | 229 | 157 | 237 |
| Capital Expenditures | -20.91 | -17.97 | -7.37 | -8.09 | -8.42 | -20.94 | -11.79 | -10.92 | -8.27 | -31.99 |
| Free Cash Flow | 273 | 270 | 229 | 191 | 253 | 243 | 330 | 218 | 149 | 205 |
| Cash & Equivalents | 644 | 586 | 716 | 300 | 752 | 796 | 656 | 947 | 447 | 370 |
| Total Debt | 854 | 1,074 | 1,224 | 1,186 | 1,381 | 1,457 | 1,432 | 1,640 | 1,623 | 2,313 |
| Net Cash / Debt | -210 | -488 | -507 | -887 | -629 | -661 | -776 | -694 | -1,176 | -1,943 |
| Assets | 12,611 | 12,244 | 12,261 | 11,922 | 12,573 | 12,728 | 12,657 | 13,100 | 13,127 | 15,593 |
| Liabilities | 10,383 | 10,199 | 10,392 | 10,136 | 10,879 | 11,056 | 11,441 | 11,615 | 11,683 | 14,535 |
| Book Value | 2,228 | 2,045 | 1,869 | 1,786 | 1,694 | 1,672 | 1,216 | 1,485 | 1,444 | 1,058 |
Company Profile
Company Details
| Full Name | First BanCorp - Puerto Rico |
| Country | Puerto Rico |
| Employees | 2,674 |
| CEO | Aurelio Alemán-Bermúdez |
Stock Information
| Ticker Symbol | FBP |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: FBP |
Description
First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. The company operates in 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 real estate and construction loans, floor plan financing, and cash and business management services. The Mortgage Banking segment is involved in the origination, sale, and servicing of various residential mortgage loan products and related hedging activities; and acquisition and sale of mortgages in the secondary markets. The Consumer (Retail) Banking segment provides auto, boat, and personal loans; credit cards; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); finance leasing and insurance services. The Treasury and Investments segment engages in the treasury and investment management activities, such as funding and liquidity management. The United States Operations segment offers checking, savings, and money market accounts, as well as retail CDs; and residential mortgages, home equity loans, lines of credit, and term loans, as well as Internet banking, cash management, remote data capture, automated clearing house transaction services. The Virgin Islands Operations segment is involved in the consumer, commercial lending, and deposit-taking activities. As of December 31, 2019, the company operated 46 branches in Puerto Rico, 11 branches in the U.S. Virgin Islands and British Virgin Islands, and 10 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in Santurce, Puerto Rico.