First BanCorp. (FBP)
Market Cap | 2.57B |
Revenue (ttm) | 897.95M |
Net Income (ttm) | 303.86M |
Shares Out | 184.61M |
EPS (ttm) | 1.54 |
PE Ratio | 9.04 |
Forward PE | n/a |
Dividend | $0.46 (3.31%) |
Ex-Dividend Date | Nov 23, 2022 |
Volume | 1,908,676 |
Open | 13.35 |
Previous Close | 13.45 |
Day's Range | 13.29 - 14.06 |
52-Week Range | 11.94 - 16.40 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 17.14 (+23.13%) |
Earnings Date | Jan 27, 2023 |
About FBP
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. 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 and floor plan financings; and other products, such... [Read more]
Financial Performance
In 2021, FBP's revenue was $916.79 million, an increase of 69.60% compared to the previous year's $540.56 million. Earnings were $277.34 million, an increase of 178.46%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $17.14, which is an increase of 23.13% from the latest price.
News

First Bancorp (FBP) Q4 Earnings and Revenues Miss Estimates
First Bancorp (FBP) delivered earnings and revenue surprises of -2.44% and 9.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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 (FBP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
First Bancorp (FBP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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...

3 Promising Bank Stocks as Recession Threat Looms in 2023
Amid expectations of moderate recession in 2023, banks like First BanCorp (FBP), Fulton Financial (FULT) and First Citizens (FCNCA) look promising on higher interest rates and earnings prospects.

5 Stocks to Pop Surprise Returns From Secret Santa
Adicet Bio (ACET), Enfusion (ENFN), Dillard's (DDS), First BanCorp. (FBP) and Hillenbrand (HI) could bring gifts of surprise returns from Secret Santa.

Should Value Investors Buy First BanCorp. (FBP) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

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 ...

Are Investors Undervaluing First BanCorp. (FBP) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

Is First BanCorp. (FBP) Stock Outpacing Its Finance Peers This Year?
Here is how First Bancorp (FBP) and Columbia Banking (COLB) have performed compared to their sector so far this year.

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 (FBP) Beats Q3 Earnings and Revenue Estimates
First Bancorp (FBP) delivered earnings and revenue surprises of 2.56% and 2.43%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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 (FBP) Earnings Expected to Grow: Should You Buy?
First Bancorp (FBP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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...

Is First BanCorp. (FBP) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

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