First BanCorp. (FBP)

Market Cap	2.87B
Revenue (ttm)	868.86M
Net Income (ttm)	302.86M
Shares Out	166.65M
EPS (ttm)	1.71
PE Ratio	10.08
Forward PE	10.61
Dividend	$0.64 (3.71%)
Ex-Dividend Date	Feb 22, 2024

Volume	839,966
Open	17.52
Previous Close	17.58
Day's Range	17.22 - 17.72
52-Week Range	10.18 - 17.74
Beta	1.17
Analysts	Buy
Price Target	19.50 (+13.11%)
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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1948
• Employees: 3,168
• Stock Exchange: NYSE
• Ticker Symbol: FBP

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%.

Analyst Forecast

According to 2 analysts, the average rating for FBP stock is "Buy." The 12-month stock price forecast is $19.5, which is an increase of 13.11% from the latest price.

Price Target

$19.5

(13.11% upside)

Analyst Consensus: Buy