First BanCorp. (NYSE:FBP) Given Average Rating of "Buy" by Brokerages
First BanCorp. (NYSE:FBP) has received a consensus "Buy" rating from nine brokerages, with an average 12-month price target of $29.38. The company recently surpassed quarterly earnings expectations, reporting $0.62 EPS against a $0.54 consensus and generating $264.86 million in revenue. Institutional investors hold 97.91% of the stock, and First BanCorp. has declared a quarterly dividend of $0.20 per share.
Does First BanCorp’s (FBP) Richer Dividend Signal a New Balance Between Income and Growth?
First BanCorp (FBP) recently increased its annualized dividend by 11.1%, pushing its dividend yield above the industry average. This move, combined with projections for stronger earnings, suggests a re-evaluation of the bank's investment narrative, balancing income appeal with growth prospects. Investors are encouraged to consider the enhanced dividend alongside regional concentration risks and varying fair value estimates.
144,107 Shares in First BanCorp. $FBP Acquired by NewEdge Advisors LLC
NewEdge Advisors LLC recently acquired 144,107 shares of First BanCorp. (NYSE:FBP), valued at approximately $3.08 million, representing a 0.09% stake in the bank. This acquisition is part of a broader trend of institutional investment, with various hedge funds also adjusting their positions in FBP. Analysts generally hold a positive outlook on First BanCorp., with an average "Buy" rating and a consensus price target of $29.38, supported by recent strong earnings performance and a declared quarterly dividend.
First BanCorp. (NYSE:FBP) Hits New 12-Month High - Still a Buy?
First BanCorp. (NYSE:FBP) reached a new 52-week high of $29.49, exceeding its average analyst price target of $29.38. The bank recently surpassed quarterly EPS expectations, reporting $0.62 against a $0.54 consensus, and declared a $0.20 per share quarterly dividend. Recent analyst actions include an "overweight" rating from Wells Fargo with a $33 target and a "strong buy" upgrade from Zacks.
First Bancorp stock hits 52-week high at 29.44 USD By Investing.com
First Bancorp (FBP) stock has reached a new 52-week high of $29.44, trading just 1% below its peak. The company has demonstrated strong performance with a 35.73% increase over the past year and year-to-date returns of 43.37%. InvestingPro tips indicate the stock is undervalued, has raised its dividend for eight consecutive years, and analysts have revised earnings upward following a strong Q2 2026 earnings beat.
First BanCorp (FBP) Shareholder Alert: Investigation of Potential Fiduciary Duty Breaches - Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. has launched an investigation into First BanCorp (NYSE: FBP) regarding potential breaches of fiduciary duties by its officers and directors. The investigation stems from allegations that the bank provided services to Jeffrey Epstein and questions its oversight, compliance, and corporate governance practices. Current shareholders are encouraged to contact the firm to learn about their potential legal rights.
First BanCorp (FBP) Stock Looks About Right With Earnings In Focus
First BanCorp's stock (FBP) has shown strong five-year returns but now appears fairly priced rather than cheap, trading at a P/E ratio close to its industry and peer averages. The current valuation depends on the bank's sustained earnings quality and asset performance. While it passes 4 out of 6 valuation tests, its future upside largely hinges on maintaining its earnings profile without significant setbacks in credit trends or funding costs.
First BanCorp (FBP) Stock Looks About Right With Earnings In Focus
First BanCorp (FBP) has shown strong returns over the past five years, but its current valuation suggests it is fairly priced rather than cheap. Trading at 11.8x earnings, slightly below the industry average, the market appears to be pricing FBP in line with its fundamentals. Future performance hinges on sustained earnings quality and asset performance without significant setbacks in credit trends or funding costs.
First Bancorp stock hits 52-week high at 29.4 USD By Investing.com
First Bancorp (FBP) stock has reached a 52-week high of $29.40, marking a 42% surge year-to-date and a 43.06% gain over the past year. The company's strong performance is supported by a P/E ratio of 12.37 and a PEG ratio of 0.45, with InvestingPro analysis indicating undervaluation and further upside potential. First BanCorp also recently reported strong Q2 2026 earnings, exceeding Wall Street expectations with higher net interest income and wider margins.
Bank of America Securities Reaffirms Their Buy Rating on First Bancorp Puerto Rico (FBP)
Bank of America Securities analyst Brandon Berman reiterated a Buy rating on First Bancorp Puerto Rico (FBP) with a price target of $31.00. This comes as the company reported increased quarterly revenue and net profit compared to the previous year. Despite positive analyst ratings, corporate insider sentiment for FBP is negative, with recent insider selling activity.
First BanCorp. $FBP Shares Acquired by Hsbc Holdings PLC
Hsbc Holdings PLC significantly increased its stake in First BanCorp. ($FBP) by 376.6% in the first quarter, now owning 101,977 shares valued at $2.17 million. Institutional investors collectively hold 97.91% of the company's stock. First BanCorp. recently reported strong quarterly earnings, beating estimates, and declared a quarterly dividend, while analysts maintain a generally positive outlook with an average "Buy" rating and a consensus price target of $28.75.
First BanCorp (FBP) On Fresh Earnings Momentum And A Stock That Looks Fairly Valued
First BanCorp (FBP) has reported strong second-quarter 2026 results, showing lower net charge-offs, ongoing share repurchases, and a reaffirmed quarterly dividend. While the stock has seen significant gains, analysts suggest it is only modestly undervalued with a consensus price target of $28.86. Investors are encouraged to review detailed narratives and consider associated risks and potential alternative investment ideas.
Analysts Are Bullish on These Financial Stocks: First Bancorp Puerto Rico (FBP), SEI Investments Company (SEIC)
This article highlights bullish analyst ratings for several financial stocks, including First Bancorp Puerto Rico (FBP), SEI Investments Company (SEIC), and CME Group (CME). Analysts from Benchmark Co., Piper Sandler, and KBW have reiterated Buy ratings, citing positive price targets and potential upsides for these companies. The reports detail specific analyst recommendations, price targets, and their success rates, indicating optimism within the financial sector.
First BanCorp Puerto Rico Is Maintained at Market Perform by Keefe, Bruyette & Woods
Keefe, Bruyette & Woods has reaffirmed its "Market Perform" rating on First BanCorp Puerto Rico (NYSE:FBP). This indicates that the analyst firm believes the stock will perform in line with the broader market.
First BanCorp. posts Q2 profit of $96.1M on loan growth
First BanCorp., parent company of FirstBank Puerto Rico, reported a Q2 profit of $96.1 million, an increase from both the previous quarter and the prior year. This growth was primarily driven by expanded commercial lending and an increase in net interest income. The company also returned 84% of its quarterly earnings to shareholders through dividends and stock repurchases, maintaining a strong capital position despite some credit indicator weakening.
First BanCorp. increases its profits by 20%
First BanCorp. reported a net profit of $96.1 million in the second quarter of 2026, marking a nearly 20% increase from the previous year, driven by expanded commercial activity in Puerto Rico and strategic execution. The bank saw growth in total loans, particularly commercial and industrial loans, and a favorable evolution in net interest income. First BanCorp. also maintained a strong capital position, repurchasing common stock and declaring dividends, while closely monitoring credit quality and delinquencies.
First BanCorp (FBP) Stock Faces Bearish Forecasts Despite 39% Net Margin In Q2 2026
First BanCorp reported strong Q2 2026 results with a 39% net margin and 21.5% earnings growth over the last year, alongside improved loan quality and stable costs. However, bearish forecasts anticipate a 2.7% annual earnings decline over the next three years, contrasting with its recent growth and current valuation. This creates a mixed outlook where investors must weigh recent performance against future projections and a higher P/E ratio compared to peers.
First BanCorp Declares Quarterly Cash Dividend on Common Stock
First BanCorp has announced a quarterly cash dividend on its common stock, an event that was quickly reported by Quantisnow. This news was highlighted to Quantisnow Plus members immediately upon publication. The platform, through its "Beagle" tool, tracks such events across various financial data points for investors.
First BanCorp. Announces Earnings for the Quarter Ended June 30, 2026
First BanCorp. reported a net income of $96.1 million, or $0.62 per diluted share, for the second quarter of 2026, marking an increase from previous quarters and reflecting strong financial and operating performance. The company saw accelerating loan growth, particularly in commercial activity in Puerto Rico, and robust capital management, returning 84% of earnings to shareholders through dividends and share repurchases. Despite an evolving economic environment, First BanCorp remains committed to strategic investments and disciplined execution to create long-term value.
First BanCorp (NYSE:FBP) Posts Better-Than-Expected Sales In Q2 CY2026
First BanCorp (NYSE:FBP) reported better-than-expected revenue and non-GAAP profit for Q2 CY2026, with sales increasing by 7.3% year-on-year to $264.9 million and adjusted EPS beating analyst estimates by 14.8%. Despite a miss on net interest income, the Puerto Rican financial institution showed consistent revenue growth and accelerating tangible book value per share. The stock remained flat following the mixed quarterly results.
First BanCorp. Announces Earnings for the Quarter Ended June 30, 2026
First BanCorp. reported a net income of $96.1 million, or $0.62 per diluted share, for the second quarter of 2026, an increase from both the previous quarter and the same quarter last year. The company demonstrated strong financial and operating performance with growth in loans, particularly in commercial activity, and maintained sound credit quality. Key highlights include record adjusted pre-tax, pre-provision income, a 24% increase in earnings per share year-over-year, and an 18th consecutive quarter with return on average assets above 1.5%.
Press Release: First BanCorp Declares Quarterly Cash Dividend on Common Stock
First BanCorp announced a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend will be paid on September 13, 2024, to shareholders of record as of August 30, 2024.
First Bancorp earnings on deck: Can bank sustain margins? By Investing.com
First Bancorp is set to report its second-quarter results with analysts expecting increased EPS year-over-year but a decline in revenue. Investors will be focused on the bank's ability to sustain profitability and net interest margins, especially given a recent lawsuit related to banking services for Jeffrey Epstein and moderating economic growth in Puerto Rico. Analysts currently rate the stock a "Buy" with a consensus price target indicating moderate upside.
First BanCorp. (FBP) to Announce Earnings on Wednesday
First BanCorp. (FBP) is scheduled to release its Q2 2026 earnings before the market opens on Wednesday, July 22nd. Analysts anticipate earnings of $0.54 per share on revenues of $264.1 million. The stock is currently trading near its 52-week high, and analysts maintain a consensus "Buy" rating with an average price target of $27.43.
First Bancorp stock hits 52-week high at 26.95 USD
First Bancorp's stock has reached a 52-week high at $26.95, reflecting strong investor confidence with a year-to-date return of 31.15%. Despite its current P/E ratio of 11.83 and dividend yield of 2.99% indicating it may be overvalued according to InvestingPro, the company recently surpassed Q1 2026 earnings expectations and received upgraded ratings from Raymond James and Truist Securities.
First BanCorp regains investment-grade Fitch BBB- rating
Fitch Ratings has restored First BanCorp's investment-grade status, upgrading its long-term issuer rating to BBB- from BB+ with a Stable outlook. This upgrade reflects First BanCorp's strong profitability, capital generation, diversified deposit base, and improved operating conditions in Puerto Rico. CEO Aurelio Alemán highlighted the achievement as a validation of the company's consistent strategy to strengthen operations, maintain prudent risk management, and build confidence among stakeholders and investors.
First BanCorp Puerto Rico Price Target Raised to $30.00/Share From $26.00 by Truist Securities
Truist Securities has increased its price target for First BanCorp (FBP) to $30.00 from $26.00 per share. This adjustment suggests a positive outlook on the company's stock performance. The new price target reflects Truist Securities' updated valuation of First BanCorp.
Is Now The Time To Put First BanCorp (NYSE:FBP) On Your Watchlist?
This article evaluates First BanCorp's (NYSE:FBP) potential as an investment by analyzing its financial health and historical performance. It highlights the company's strong returns to shareholders over the past five years and its solid track record of increasing earnings per share, suggesting it could be a valuable addition to an investment watchlist.
How Epstein-Linked Lawsuit Over Acquired Accounts At First BanCorp (FBP) Has Changed Its Investment Story
First BanCorp (FBP) is facing a lawsuit in the U.S. District Court over banking services provided to Jeffrey Epstein following a U.S. Virgin Islands bank acquisition. This lawsuit introduces new legal and reputational risks despite the company's strong emphasis on BSA/AML controls. While the lawsuit might not immediately impact near-term earnings, it raises compliance cost concerns and could reshape the investment narrative around its Puerto Rico-centric lending, credit discipline, and capital returns.
If You Invested $1,000 in First Bancorp P R (FBP)
This article examines the historical performance of investing $1,000 in First Bancorp P R (FBP) over various periods, showing significant returns of up to 566.6% over 10 years, outperforming the S&P 500. It also provides a detailed overview of First BanCorp.'s operations as a Puerto Rico-based bank holding company, its business segments, geographic focus, financial characteristics, and risk profile. The report highlights the company's strong capital and liquidity, its reliance on net interest income, and the economic context of its primary market in Puerto Rico.
FBP - First Bancorp PR Options
This article provides a detailed financial overview of First Bancorp PR (FBP), including its last closing price, various financial metrics, valuation ratios, and performance indicators. It also lists insider and institutional ownership, profitability margins, and stock performance over different periods.
Raymond James Adjusts Price Target on First Bancorp to $32 From $27, Maintains Strong Buy Rating
Raymond James has raised its price target for First Bancorp (FBP) to $32 from $27, while reiterating a "Strong Buy" rating on the stock. This adjustment reflects an updated outlook by the analyst firm on the financial holding company. The article notes that First Bancorp also recently declared a quarterly cash dividend of $0.20 per share, payable on June 12, 2026.
Price to earnings forward of First BanCorp. New – NYSE:FBP
This article provides the "Price to earnings forward" value for First BanCorp. New (NYSE: FBP). The content is primarily a data placeholder from TradingView, indicating that specific financial data would be displayed for the selected period.
Does Epstein-Linked Compliance Lawsuit Reshape The Risk Narrative For First BanCorp (FBP)?
First BanCorp is facing a lawsuit in the U.S. Southern District of New York concerning banking services provided to Jeffrey Epstein, which the company denies and plans to contest. This lawsuit brings First BanCorp's compliance, governance, and ethical frameworks under scrutiny, potentially reshaping its investment narrative and risk profile, though its near-term earnings drivers remain focused on credit quality and economic conditions. Despite the legal challenge, the bank continues its capital return strategy, maintaining its quarterly dividend, highlighting management's focus on shareholders amidst increased regulatory attention.
First BanCorp Lawsuit Statement
First BanCorp has issued a statement regarding a lawsuit filed against it in the U.S. District Court for the Southern District of New York. The lawsuit alleges claims related to banking services provided to Jeffrey Epstein after a bank acquisition in the U.S. Virgin Islands. First BanCorp and FirstBank Puerto Rico vehemently deny these allegations and plan to aggressively defend themselves, emphasizing their commitment to high compliance, governance, and ethical standards.
First Bancorp Denies Claims In Lawsuit Relating To Banking Services Provided To Epstein
First Bancorp has denied claims made in a lawsuit regarding banking services it purportedly provided to Jeffrey Epstein. The company, identified by stock symbols FBP and FBNC, is refuting the allegations. Further details on the lawsuit were not immediately available.
First Bancorp Actuals & Estimates (NYSE:FBP)
This article provides a detailed financial overview of First BanCorp. New (NYSE: FBP), including its current stock price, market capitalization, earnings, revenue, and dividend information. It also features analyst forecasts, historical price data, and discusses the company's volatility and employee count.
First BanCorp to Announce 2Q 2026 Results on July 22, 2026
First BanCorp (NYSE: FBP) announced it will report its second-quarter 2026 financial results before the market opens on July 22, 2026. The company will host a conference call and live webcast to discuss these results at 10:00 AM Eastern Time on the same day. A replay of the webcast and call will be available for a limited time.
Piper Sandler Remains a Hold on First Bancorp Puerto Rico (FBP)
Piper Sandler reiterated a Hold rating on First Bancorp Puerto Rico (FBP) with a $25.00 price target, based on analyst Manuel Navas's report. The company reported increased quarterly revenue and net profit. However, insider sentiment for the stock is negative due to recent selling activity by corporate insiders.
First BanCorp Puerto Rico Price Target Raised to $26.00/Share From $24.00 by Wells Fargo
Wells Fargo has increased its price target for First BanCorp Puerto Rico (FBP) shares to $26.00, up from the previous $24.00. This adjustment reflects a positive outlook on the company's stock by the financial institution.
First BanCorp sets July 22 results call, webcast for Q2 2026
First BanCorp (NYSE: FBP) announced it will report its second-quarter 2026 financial results before market open on July 22, 2026. The company will host a conference call and live webcast at 10:00 AM Eastern Time on the same day to discuss the results. Interested parties can access the webcast via First BanCorp's investor relations website or by dialing into the conference call.
Is FIRST BANCORP (FBP) Outperforming Other Finance Stocks This Year?
First BanCorp (FBP) is outperforming other finance stocks this year, with a year-to-date return of 18.1% compared to the Finance sector's 0.6%. The company holds a Zacks Rank of #2 (Buy), and its full-year earnings estimate has increased by 3.4% over the past quarter. Byline Bancorp (BY) is another strong performer in the sector, with a 16.3% year-to-date return.
Regional Banks Stocks Q1 Results: Benchmarking First BanCorp (NYSE:FBP)
The article benchmarks First BanCorp's (NYSE:FBP) Q1 results against other regional banks, noting its revenue beat but mixed performance in net interest income. It highlights UMB Financial (NASDAQ:UMBF) as the strongest performer and BankUnited (NYSE:BKU) as the weakest among the profiled banks, discussing the broader challenges and opportunities for regional banks. The piece also includes a brief market update touching on shifts from AI and crypto concerns to geopolitical risks.
First BanCorp (FBP) Stock Is Up, What You Need To Know
First BanCorp (FBP) shares jumped 3% after receiving a stock rating upgrade to "Strong Buy" from Raymond James, with price target increases from multiple analysts including BofA Securities and Truist Financial. The upgrades followed the company's recent first-quarter earnings beat. Despite cooling slightly, the stock is trading near its 52-week high, with significant returns for long-term investors.
First BanCorp Insiders Sell US$3.8m Of Stock, Possibly Signalling Caution
Insiders at First BanCorp have sold US$3.8 million worth of stock over the past year, which could indicate a cautious outlook from those within the company. This selling activity, particularly by the bank's CEO, raises questions about potential concerns despite recent positive price performance. While insider buying is largely absent, the selling only occurred at prices higher than the current trading price.
First BanCorp approves 5M-share incentive plan
First BanCorp shareholders approved a new long-term compensation plan, the "First BanCorp 2026 Omnibus Incentive Plan," making up to 5 million shares of common stock available for future equity awards to executives, employees, and nonemployee directors. This new plan replaces the 2016 plan and allows for various stock-based compensation types. Shareholders also reelected all nine director nominees and approved the company's 2025 executive compensation package.
First BanCorp Puerto Rico 1Q Net $88.8M >FBP
First BanCorp Puerto Rico reported a first-quarter net income of $88.8 million. This financial result provides an update on the company's performance during the initial quarter of the fiscal year.
Vanguard Group Inc. Grows Position in First BanCorp. $FBP
Vanguard Group Inc. increased its stake in First BanCorp. (NYSE:FBP) by 2.0% in the fourth quarter, now owning 13.59% of the company, valued at approximately $445 million. Analysts have maintained a "Moderate Buy" consensus rating with a target price around $25.86, following strong Q4 earnings of $0.57 EPS and a declared quarterly dividend of $0.20. The bank's stock is currently trading at $24.18, with a market capitalization of $3.77 billion.
How Earnings Strength and Capital Returns Will Impact First BanCorp (FBP) Investors
First BanCorp (FBP) reported strong first-quarter 2026 results with increased net interest income and net income, alongside reduced net charge-offs. The company also declared a quarterly dividend and completed a significant share repurchase program, demonstrating its commitment to returning capital to shareholders. While earnings growth and capital returns are positive, investors should be aware of the concentration risk in Puerto Rico and the Caribbean.
Vanguard Portfolio Management (FBP) reports 8.39% ownership in First BanCorp
Vanguard Portfolio Management has reported an 8.39% beneficial ownership in First BanCorp/Puerto Rico (FBP), totaling 13,074,748 shares as of March 31, 2026. This ownership is disclosed in a Schedule 13G filing, indicating a passive investment strategy. Vanguard holds sole dispositive power over all these shares and sole voting power for 70,528 shares, with the holdings encompassing shares managed for various Vanguard funds and accounts.
