First BanCorp. (FBP)

Market Cap	3.32B
Revenue (ttm)	875.12M
Net Income (ttm)	310.81M
Shares Out	162.83M
EPS (ttm)	1.83
PE Ratio	11.14
Forward PE	11.71
Dividend	$0.64 (3.14%)
Ex-Dividend Date	Aug 29, 2024

Volume	550,260
Open	20.19
Previous Close	20.12
Day's Range	20.13 - 20.41
52-Week Range	12.88 - 22.12
Beta	1.10
Analysts	Buy
Price Target	21.50 (+5.39%)
Earnings Date	Oct 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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1948
• Employees: 3,168
• Stock Exchange: NYSE
• Ticker Symbol: FBP
• Website: https://www.1firstbank.com

Financial Performance

In 2023, First BanCorp.'s revenue was $863.27 million, a decrease of -3.07% compared to the previous year's $890.62 million. Earnings were $302.86 million, a decrease of -0.72%.

Analyst Forecast

According to 4 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $21.5, which is an increase of 5.39% from the latest price.

Price Target

$21.5

(5.39% upside)

Analyst Consensus: Buy