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.
Vanguard Capital Management (FBP) discloses 5.23% stake in First BanCorp/Puerto Rico
Vanguard Capital Management has disclosed a 5.23% passive stake in First BanCorp/Puerto Rico (FBP), owning 8,154,903 shares of Common Stock as of March 31, 2026. This ownership, reported via a Schedule 13G filing on April 28, 2026, indicates Vanguard has sole dispositive power over all shares and sole voting power for 1,179,122 shares. The filing suggests an investment purpose rather than active control or influence over the company's management.
KBW Sticks to Its Hold Rating for First Bancorp Puerto Rico (FBP)
KBW analyst Kelly Motta maintained a Hold rating on First Bancorp Puerto Rico (FBP) with a price target of $26.00. The company reported strong quarterly revenues and net profit, though corporate insider sentiment is negative due to increased insider selling. The Street consensus suggests a Moderate Buy rating for FBP.
Why First BanCorp (FBP) Stock Is Trading Up Today
Shares of First BanCorp (NYSE: FBP) rose by 3.1% after Raymond James upgraded the stock to Strong Buy from Outperform, increasing its price target to $27.00 due to solid core results in Q1 2026, including strong net interest margin expansion. The stock's performance also reflects broader market optimism in the financial sector, partly driven by a recent geopolitical reprieve reducing global risk premiums and energy-driven inflation fears. First BanCorp has seen a 15.5% increase year-to-date and is trading close to its 52-week high.
Quent Capital LLC Purchases New Position in First BanCorp. $FBP
Quent Capital LLC initiated a new position in First BanCorp. (NYSE:FBP) during the fourth quarter, acquiring 90,400 shares valued at approximately $1,874,000. Other institutional investors also adjusted their holdings, with overall institutional ownership reaching 97.91%. First BanCorp. recently reported strong Q1 EPS results, declared a quarterly dividend of $0.20, and received positive analyst price target revisions, despite some concerns about softer loan demand.
Why First BanCorp (FBP) Is Up 7.0% After Record Q1 Earnings And Higher Dividend Announcement
First BanCorp (FBP) shares climbed 7.0% following stronger-than-expected Q1 2026 results, including record pre-tax pre-provision income and a declared cash dividend of US$0.20 per share. The bank is also investing in AI and cloud capabilities to drive efficiency. Despite these positives, factors like funding costs and competition for deposits remain key considerations for investors, while the company projects significant revenue and earnings growth by 2028.
First BanCorp (FBP) tops Q1 earnings estimates
First BanCorp (FBP) reported better-than-expected first-quarter earnings, with adjusted earnings per share of $0.44 exceeding the consensus estimate of $0.42. The company also surpassed revenue expectations, bringing in $233.1 million compared to the anticipated $226.73 million. However, net interest income saw a slight sequential decline.
First BanCorp. (NYSE:FBP) Q1 2026 Earnings Call Transcript
First BanCorp. reported strong Q1 2026 results with an EPS of $0.57, exceeding expectations, and a 21% increase in net income year-over-year. The company highlighted robust core operating trends, an all-time high pretax pre-provision income, and sustained profitability with a 1.9% return on average assets. Discussions also covered stable credit quality, strategic investments in technology and AI, and an unchanged guidance for 3-5% loan growth.
First BanCorp reports $88.8M Q1 profit, EPS up 21%
First BanCorp, parent company of FirstBank Puerto Rico, reported a net income of $88.8 million in Q1 2026, marking a 21% increase in EPS year-over-year. The bank achieved strong operating results with consistent performance, driven by revenue generation, disciplined expense management, and growth in core deposits. The company also highlighted improved credit quality and strong capital ratios.
First BanCorp Declares Quarterly Cash Dividend on Common Stock
First BanCorp. (NYSE: FBP) has announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on its common stock. The dividend will be payable on June 12, 2026, to shareholders of record as of May 28, 2026. The company also included a safe harbor statement regarding forward-looking information.
First BanCorp’s (NYSE:FBP) Q1 CY2026 Sales Top Estimates
First BanCorp (NYSE:FBP) reported its Q1 CY2026 results, exceeding market revenue expectations with sales up 4.2% year-on-year to $258.6 million and adjusted EPS beating estimates. While net interest income and tangible book value per share slightly missed analyst projections, the company's revenue growth outpaced Wall Street estimates. Overall, the quarter presented a mixed financial picture for the Puerto Rican institution.
First BanCorp. (NYSE:FBP) Posts Earnings Results, Beats Estimates By $0.04 EPS
First BanCorp. (NYSE:FBP) reported strong first-quarter earnings, with an EPS of $0.57, surpassing analyst estimates by $0.04. The company also announced an increase in its quarterly dividend to $0.20 per share, leading to an annualized dividend of $0.80 and a 3.3% yield. Analyst sentiment remains cautiously positive, with a "Moderate Buy" consensus rating and an average price target of $24.75.
First BanCorp (FBP) boosts Q1 2026 EPS 21% with strong margins and capital returns
First BanCorp reported strong results for Q1 2026, with diluted EPS increasing 21% year-over-year to $0.57, driven by strong revenue generation and disciplined expense management. The company maintained robust capital ratios, repurchased $50.0 million in common stock, and declared $31.5 million in dividends, resulting in a 92% net payout ratio. Asset quality remained solid, with non-performing assets at 0.57% of total assets, and core customer deposits grew by $158.5 million.
First BanCorp: Q1 Earnings Snapshot
First BanCorp (FBP) reported first-quarter earnings of $88.8 million, or 57 cents per share, surpassing Wall Street expectations of 52 cents per share. However, the company's revenue net of interest expense, at $258.6 million, did not meet Street forecasts. The results were generated using data from Zacks Investment Research.
First Bancorp set to report earnings ahead of CFO transition
First Bancorp is scheduled to report first-quarter earnings this Wednesday, with analysts anticipating double-digit profit growth. The Puerto Rico-focused bank faces investor scrutiny regarding credit quality, net interest margin sustainability, and its upcoming CFO transition. The market will be watching to see if the bank can maintain earnings momentum amid economic normalization and leadership changes.
Novem Group Takes $1.14 Million Position in First BanCorp. $FBP
Novem Group recently acquired a new stake of 54,891 shares in First BanCorp. (NYSE:FBP) during the fourth quarter, valued at approximately $1.14 million. This move is part of a broader trend where institutional investors hold 97.91% of the stock, with other major firms also increasing their positions. First BanCorp. also shows strong fundamentals, including recent outperformance in Q4 EPS, a raised dividend, and an average analyst rating of "Moderate Buy" with a $24.75 price target.
First BanCorp. (NYSE:FBP) Sets New 1-Year High - Here's Why
First BanCorp. (NYSE:FBP) recently hit a new 52-week high of $23.50, backed by strong financial performance including beating quarterly EPS estimates and a significant return on equity. Analysts have responded by raising price targets, contributing to a "Moderate Buy" average rating for the stock. Despite recent insider selling, institutional ownership remains very high, and the company has increased its quarterly dividend.
First BanCorp. (FBP) Expected to Announce Earnings on Wednesday
First BanCorp. (FBP) is scheduled to release its Q1 2026 earnings before the market opens on Wednesday, April 22nd. Analysts forecast the company to report earnings of $0.529 per share and revenue of $263.54 million. The bank exceeded expectations in the previous quarter, and analysts anticipate full-year EPS of approximately $2.00 for both the current and next fiscal years.
Are Options Traders Betting on a Big Move in First BanCorp. Stock?
Options traders are showing significant interest in First BanCorp. (FBP) stock, with high implied volatility in recent options contracts indicating expectations of a major price movement. Despite this, analysts currently have a cautious outlook on the company, with First BanCorp. holding a Zacks Rank #4 (Sell) and recent downward revisions to earnings estimates. This disparity suggests a potential trading opportunity for seasoned options traders looking to sell premium.
First BanCorp (FBP): Buy, Sell, or Hold Post Q4 Earnings?
First BanCorp (FBP) currently trades at $22.81 per share with a 3.1% return over six months. The bank holding company, rooted in San Juan since 1948, operates across Puerto Rico, the U.S. mainland, and the Caribbean. Key strengths include an elite net interest margin averaging 4.5% and outstanding long-term EPS growth of 37.3% compounded annually over five years, significantly outpacing its 7.5% revenue growth. However, a growth in net interest income of only 7.7% annualized over five years, primarily driven by margin expansion rather than loan book growth, is noted as a concern.
First BanCorp (FBP): Buy, Sell, or Hold Post Q4 Earnings?
First BanCorp (FBP) is a bank holding company trading at $22.81 per share, with a 3.1% return over the past six months. The company shows strong points like an elite net interest margin and outstanding long-term EPS growth, averaging 4.5% and 37.3% respectively. However, its net interest income growth has lagged, pointing to soft demand and slower growth compared to the broader banking industry.
First BanCorp. (NYSE:FBP) Given Average Rating of "Moderate Buy" by Brokerages
First BanCorp. (NYSE:FBP) has received a "Moderate Buy" consensus rating from analysts, with an average 1-year price target of $24.75. The company recently reported strong Q1 earnings, beating estimates, and increased its quarterly dividend to $0.20 per share. Institutional ownership is high at 97.9%, though some insiders recently sold shares.
First BanCorp (FBP) Is Up 5.8% After Easing Iran Tensions Lift Bank Sentiment Has The Bull Case Changed?
First BanCorp (FBP) experienced a 5.8% rise following the easing of Iran tensions, which positively impacted bank sentiment and reduced perceived credit risk. The article discusses First BanCorp's investment narrative, highlighting its focus on Puerto Rico and Florida, solid capital return through dividends and share repurchases, and improving net interest income. It also notes that while analysts have reevaluated sector risk premiums, investors should monitor credit trends and the concentration of exposure to Puerto Rico, with Simply Wall St's analysis suggesting a fair value of $24.00 for the stock.
First BanCorp (FBP) Is Up 5.8% After Easing Iran Tensions Lift Bank Sentiment Has The Bull Case Changed?
First BanCorp (FBP) saw a 5.8% increase in stock price following eased geopolitical tensions, which improved sentiment across the financial sector. This article evaluates how this shift interacts with First BanCorp's investment narrative, focusing on its capital return strategy through dividends and share repurchases, alongside its revenue and earnings forecasts. While the bank projects significant revenue and earnings growth by 2028, investor sentiment is also influenced by credit quality and deposit competition, especially given its concentrated exposure to Puerto Rico.
Analysts Offer Insights on Financial Companies: First Bancorp Puerto Rico (FBP) and Tradeweb Markets (TW)
This article highlights bullish sentiments from analysts on two financial companies: First Bancorp Puerto Rico (FBP) and Tradeweb Markets (TW). Bank of America Securities maintained a Buy rating for FBP with a 9.8% upside, while William Blair and Raymond James reiterated Buy ratings for TW, predicting an 11.7% upside. The analyses suggest optimism within the financial sector for these stocks.
Analysts Offer Insights on Financial Companies: First Bancorp Puerto Rico (FBP) and Tradeweb Markets (TW)
Two financial companies, First Bancorp Puerto Rico (FBP) and Tradeweb Markets (TW), have received bullish sentiments from analysts. Brandon Berman of Bank of America Securities maintained a Buy rating on FBP, while Jeff Schmitt of William Blair maintained a Buy rating on TW. Both companies show potential for upside according to the analyst consensus and price targets.
Why First BanCorp Puerto Rico Shares Are Slumping Now
First BanCorp Puerto Rico (FBP) shares are declining due to a broad sell-off in regional bank stocks, driven by institutional investors' cautious stance amid fears of stagflation and commercial real estate debt concerns. Further pressure comes from management's recent reduction in its full-year loan growth outlook from 5% to 4%, signaling slower internal growth and leading traders to expect a conservative outlook in the upcoming first-quarter earnings report. These factors contribute to the stock's current slump.
Tudor Investment Corp ET AL Has $10.09 Million Stake in First BanCorp. $FBP
Tudor Investment Corp ET AL significantly reduced its stake in First BanCorp. by 37.4%, now holding 457,398 shares valued at $10.09 million. Despite this, other institutions like Norges Bank and Boston Partners increased their positions, maintaining institutional ownership near 97.9%. First BanCorp. recently reported strong quarterly earnings, beating expectations, and increased its quarterly dividend, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $24.75.
First BanCorp. $FBP Shares Bought by SG Americas Securities LLC
SG Americas Securities LLC significantly increased its stake in First BanCorp. (FBP) by 74.1% in Q4, now holding 128,580 shares valued at $2.67 million. Institutional investors collectively own a substantial 97.91% of the stock. Analysts have given FBP an average rating of "Moderate Buy" with a target price of $24.75, following recent Q4 earnings that surpassed expectations, a raised dividend, and a strong return on equity.
Director of First BanCorp (NYSE: FBP) granted 1,872 restricted shares, 209 withheld for taxes
First BanCorp director Patricia Eaves was granted 1,872 restricted shares of common stock at $21.36 per share under the company's Omnibus Incentive Plan. On the same date, 209 shares were withheld to cover taxes related to previously vested restricted stock. After these transactions, Ms. Eaves directly holds 21,651 shares of First BanCorp common stock, with the newly granted shares set to vest over one year, by March 31, 2027.
Wells Fargo Reaffirms Their Buy Rating on First Bancorp Puerto Rico (FBP)
Wells Fargo analyst Timur Braziler maintained a Buy rating on First Bancorp Puerto Rico (FBP) with a $24.00 price target. The company reported strong quarterly revenues and net profits, showing growth compared to the previous year. Despite a negative sentiment among corporate insiders regarding share sales, analysts generally hold a "Moderate Buy" consensus for FBP.
First BanCorp. (NYSE:FBP) Price Target Raised to $24.00 at Wells Fargo & Company
Wells Fargo & Company has increased its price target for First BanCorp. (NYSE:FBP) to $24.00 from $23.00, maintaining an "overweight" rating and suggesting a 14.58% upside. Other analysts have also raised their targets, leading to a consensus "Moderate Buy" rating and an average price target of $24.75. The bank recently reported strong quarterly earnings of $0.55 EPS, surpassing estimates, and demonstrates solid financial metrics like a 17.33% ROE and 27.48% net margin.
First BanCorp. Isn't Prime For A Downgrade Yet (NYSE:FBP)
First BanCorp. (FBP) maintains a "Buy" rating due to strong asset quality and improving core deposits, leading to a net interest margin of 4.68% and growth in net income that has outperformed the S&P 500. The company's valuation is attractive with a 9.2x P/E, and its return on assets (1.81%) and equity (17.84%) surpass benchmarks, despite slightly elevated non-performing assets. The author, Daniel Jones, suggests FBP shares should continue to outperform the market.
Vanguard discloses zero ownership in First BanCorp (FBP) after entity realignment
Vanguard Group has filed an amended Schedule 13G/A, reporting zero beneficial ownership of First BanCorp/Puerto Rico (FBP) common stock. This change follows an internal realignment of Vanguard entities on January 12, 2026, which now requires subsidiaries to report their holdings separately. The filing states that Vanguard still holds the right to receive dividends or proceeds for managed accounts, but no single other person holds more than 5% of the class.
FBP SEC Filings - First Bancorp P R 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access First Bancorp P R (FBP) SEC filings, including 10-K, 10-Q, 8-K, and insider trading forms. It leverages AI-powered summaries to simplify complex documents and offers real-time updates on significant corporate events and insider transactions. The article details several recent insider trading activities, including share acquisitions through DRIP and notable dispositions by executives.
[ARS] FIRST BANCORP /PR/ SEC Filing
This article announces an ARS SEC filing by FIRST BANCORP /PR/ (FBP) on March 25, 2026, at 04:57 PM. The filing is categorized with low impact and neutral sentiment, and is available as a PDF document from the SEC EDGAR database. The article also provides a company overview, rankings, and recent news and SEC filings related to FBP.
First BanCorp (FBP) CFO gains restricted stock and performance share units
First BanCorp's EVP and CFO, Orlando Berges Gonzalez, recently received equity compensation including 13,980 restricted shares and 13,980 Performance Share Units, with the restricted stock vesting over three years. A portion of his shares was withheld for tax purposes related to a previous award. Following these transactions, he directly holds 323,539 common shares and 44,254 Performance Share Units.
First BanCorp (FBP) CAO gets 9,471 restricted shares, 1,436 withheld
First BanCorp's Chief Accounting Officer, Ortiz Said, received a grant of 9,471 restricted shares of FBP common stock under the company's Omnibus Incentive Plan. These shares, valued at $20.59 each, will vest in two tranches on March 19, 2028, and March 19, 2029. Additionally, 1,436 shares were withheld to cover tax obligations on a prior restricted stock award that vested in 2024, resulting in Said directly holding 48,202.489 shares after these transactions.
First BanCorp (FBP) EVP granted restricted stock and 9,227 Performance Share Units
First BanCorp's EVP, Lopez-Lay Ginoris, received 9,228 restricted shares and 9,227 Performance Share Units (PSUs) on March 19, 2026. The restricted stock will vest over three years, while the PSUs are contingent on achieving performance goals. Additionally, 796 shares were withheld to cover taxes on a previous restricted stock award, not an open-market sale.
First BanCorp (FBP) EVP awarded stock, performance units and tax withholding
First BanCorp's EVP, Nayda Rivera, received 13,576 shares of restricted stock and 13,576 Performance Share Units as part of her compensation. The restricted stock vests over three years, while the Performance Share Units are part of a larger award that vests based on performance goals. Additionally, 2,661 shares were withheld to cover taxes on previously vested restricted stock, bringing her total direct holdings to 250,398 common shares.
First BanCorp (NYSE: FBP) EVP receives equity awards and tax-share withholding
First BanCorp (NYSE: FBP) Executive Vice President Lilian Diaz-Bento reported receiving 9,689 shares of restricted common stock and 9,689 Performance Share Units on March 19, 2026. She also had 853 shares withheld on March 21, 2026, to cover taxes on previously vested restricted stock. Following these transactions, Diaz-Bento directly holds 64,375 common shares and 28,984 Performance Share Units.
First BanCorp (NYSE: FBP) GC reports stock awards and tax withholding
First BanCorp's EVP and General Counsel, Sara Alvarez-Cabrero, received 9,781 shares of restricted stock and 9,781 Performance Share Units on March 19, 2026, as part of the company's Omnibus Incentive Plan. The restricted stock vests over three years, while the PSUs are performance-based. Additionally, 1,694 shares were withheld on March 21, 2026, to cover taxes on previously vested restricted stock, leaving her with 84,573 common shares directly held.
First BanCorp (NYSE: FBP) COO gets stock awards as tax shares withheld
First BanCorp's EVP and COO, Juan Carlos Pavia, received 11,583 restricted stock shares and 11,583 Performance Share Units. The restricted shares vest over three years based on time in service, while the Performance Share Units vest based on achieving performance goals. Additionally, 1,474 common shares were withheld to cover taxes on previously vested restricted stock, bringing his direct holdings to 98,870 shares plus 31,894 Performance Share Units.
First BanCorp (FBP) EVP receives stock awards and withholds shares for taxes
First BanCorp's EVP, Jose Maria Lacasa, received new equity compensation including 10,693 restricted shares and 10,692 Performance Share Units. The restricted shares vest over two to three years, while the PSUs are tied to performance goals. Additionally, 1,596 common shares were withheld to cover taxes on previously vested restricted stock, bringing his direct holdings to 81,473 shares.
